1-bed · 705 sqftBinghatti Canal, Business Bay · 18th floor · completed 2023

1811, Binghatti Canal

Sold prices and rental history: sold twice, last in May 2023, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1811 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 1.05M10 May 2023
Current rentAED 115K /yr28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1811, Binghatti Canal

What is 1811 worth today?

Last sold for AED 1,050,000 in 2023

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28 Jan 2025RentedRenewal
AED 115,000/yr12 months · AED 164 per sqft
10 May 2023SoldOff-plan
AED 1,050,000AED 1,490 per sqft
6 Sep 2022Sold by developerOff-plan
AED 1,278,600AED 1,814 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2025.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
18th of 21
Parking
P1-2
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.05M · May 2023

About 1811, Binghatti Canal

1811 is a one-bedroom apartment of 705 sqft on the 18th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 10 May 2023 for AED 1,050,000, or AED 1,490 per sqft, 12% below the AED 1,690 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 January 2025. The current contract, renewed on 28 January 2025, is AED 115,000 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1811 over time

Sales
Unit 1811, each saleTypical one-bed in Binghatti Canal
1M1.5M20222023202420252026Typical sale price by year: 2022 AED 1,200,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,615,000Sold by developer, September 2022: AED 1,278,600 (AED 1,814 per sqft)Sold, May 2023: AED 1,050,000 (AED 1,490 per sqft)

1811 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1811, each contractTypical one-bed in Binghatti Canal
100K120K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 120,000Renewal, January 2025: AED 115,000 a year

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 1811 sits

All 123 1-beds →

1811 last sold in May 2023 at AED 1,490 per sqft, 12% below what one-beds in Binghatti Canal were fetching at the time (AED 1,690). 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. 1811's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,450,000
8 Dec 20251,740,000
21 May 20251,580,000
14 May 20251,500,000
3 1-bed sales in the last 12 months

Binghatti Canal

Building

301 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%
Binghatti Canal, Business Bay: prices, sales and rents →

Other units on the 18th floor

All 301 units in Binghatti Canal
Value
1801StudioAED 850K · Sep 2022
18022-bedAED 1.95M · Aug 2022
18031-bedAED 1.28M · Nov 2022
18041-bedAED 1.25M · Nov 2022
18051-bedAED 2M · May 2024
18062-bedAED 2M · Jul 2022
1807AED 1.27M · Dec 2025
1–7 of 13

1811, Binghatti Canal in numbers

  • Sold twice: first on 6 September 2022 for AED 1,278,600, last on 10 May 2023 for AED 1,050,000 (AED 1,490 per sqft).
  • Rented since January 2025 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 12,500 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 28 January 2025.

Questions about 1811, Binghatti Canal

What did unit 1811 last sell for?

AED 1,050,000 on 10 May 2023: AED 1,490 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,278,600 in September 2022.

What is the rent for unit 1811?

AED 115,000 a year on the contract renewed on 28 January 2025.

How big is unit 1811?

705 sqft (65.5 sqm): a one-bedroom apartment on the 18th floor of a 21-storey tower completed in 2023.

What is unit 1811 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 1811, Binghatti Canal

Starts from the last sale price (AED 1.05M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →