1304, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Binghatti Canal
What is 1304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 704 sqft
- Floor
- 13th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,400 /yr
- Last sold
- AED 999K · August 2022
- Building
- Binghatti Canal
About 1304, Binghatti Canal
1304 is a one-bedroom apartment of 704 sqft on the 13th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 15 August 2022 for AED 999,000, or AED 1,419 per sqft, 7% below the AED 1,533 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 November 2024. The current contract, renewed on 14 November 2024, is AED 100,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1304 over time
1304 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Binghatti Canal, and where 1304 sits
All 123 1-beds →1304 last sold in August 2022 at AED 1,419 per sqft, 7% below what one-beds in Binghatti Canal were fetching at the time (AED 1,533). Over the last 12 months one-beds sold for AED 1,450,000 to 1,740,000, around AED 2,112 per sqft, and rent for AED 104,000 to 145,000 a year. 1304's AED 100,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 704 sqft | 1,450,000 | 2,060 | ||
| 8 Dec 20258 December 2025 | 705 sqft | 1,740,000 | 2,466 | ||
| 21 May 202521 May 2025 | 753 sqft | 1,580,000 | 2,097 | ||
| 14 May 202514 May 2025 | 704 sqft | 1,500,000 | 2,131 |
Binghatti Canal
Building301 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2023 by Binghatti. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,993 Down 5.7%
- Typical sale
- AED 2.12M
- Typical rent
- AED 120K /yr
- Typical yield
- 8.1%
Other units on the 13th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | Studio | 454 sqft | AED 760KAED 760,000 · Aug 2022August 2022 | 83,000 /yr | |
| 1302 | 2-bed | 1,331 sqft | AED 1.8MAED 1,800,000 · Aug 2022August 2022 | 170,000 /yr | |
| 1303 | 703 sqft | AED 1.68MAED 1,680,000 · Oct 2025October 2025 | |||
| 1305 | 1-bed | 707 sqft | AED 1.22MAED 1,222,005 · Aug 2022August 2022 | 125,000 /yr | |
| 1306 | 2-bed | 1,327 sqft | AED 2.6MAED 2,600,000 · Dec 2025December 2025 | 165,000 /yr | |
| 1307 | Studio | 494 sqft | AED 870KAED 870,000 · Aug 2022August 2022 | ||
| 1308 | Studio | 488 sqft | AED 869KAED 869,022 · Aug 2022August 2022 | 90,000 /yr | |
| 1309 | 2-bed | 1,333 sqft | AED 1.75MAED 1,750,750 · Nov 2022November 2022 | ||
| 1310 | 1-bed | 717 sqft | AED 1.5MAED 1,500,000 · Apr 2025April 2025 | ||
| 1311 | 1-bed | 705 sqft | AED 1.23MAED 1,228,572 · Nov 2022November 2022 | 120,000 /yr | |
| 1312 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Sep 2022September 2022 | 145,000 /yr | |
| 1313 | 2-bed | 1,378 sqft | AED 1.75MAED 1,750,000 · Dec 2022December 2022 | 150,000 /yr | |
| 1314 | Studio | 447 sqft | AED 950KAED 950,000 · Aug 2023August 2023 |
1304, Binghatti Canal in numbers
- Sold once: by Binghatti on 15 August 2022 for AED 999,000, or AED 1,419 per sqft.
- Rented since November 2024 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 12,400 a year (AED 17.68 per sqft).
- One-beds in Binghatti Canal sold for AED 1,450,000–1,740,000 in the 12 months to November 2026; the building's median across all types is AED 1,993 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2024.
Questions about 1304, Binghatti Canal
What did unit 1304 last sell for?
AED 999,000 on 15 August 2022, sold by the developer: AED 1,419 per sqft for 704 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 100,000 a year on the contract renewed on 14 November 2024.
How big is unit 1304?
704 sqft (65.4 sqm): a one-bedroom apartment on the 13th floor of a 21-storey tower completed in 2023.
What is unit 1304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Canal sold for AED 1,450,000 to 1,740,000 in the last 12 months, around AED 2,112 per sqft.
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Mortgage on 1304, Binghatti Canal
Starts from the last sale price (AED 999K, 15 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 999,000
- Deposit, UAE resident (20%)
- AED 199,800
- Deposit, non-resident (40%)
- AED 399,600
- Monthly over 25 years at 3.7%
- AED 4,087
Plus AED 46,968 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →