1-bed · 705 sqftBinghatti Canal, Business Bay · 20th floor · completed 2023

2011, Binghatti Canal

Sold prices and rental history: sold twice, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 1.5M5 July 2024
Current rentAED 120K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, Binghatti Canal

What is 2011 worth today?

Last sold for AED 1,500,000 in 2024

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31 Oct 2025RentedRenewal
AED 120,000/yr12 months · AED 170 per sqft
31 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 170 per sqft
5 Jul 2024SoldReady
AED 1,500,000AED 2,129 per sqft
2 Sep 2022Sold by developerOff-plan
AED 1,298,572AED 1,843 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
20th of 21
Parking
B-24
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.5M · July 2024

About 2011, Binghatti Canal

2011 is a one-bedroom apartment of 705 sqft on the 20th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 5 July 2024 for AED 1,500,000, or AED 2,129 per sqft, in line with the AED 2,174 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 31 October 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2011 over time

Sales
Unit 2011, each saleTypical one-bed in Binghatti Canal
1.2M1.4M1.6M20222023202420252026Typical 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 1,298,572 (AED 1,843 per sqft)Sold, July 2024: AED 1,500,000 (AED 2,129 per sqft)

2011 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2011, 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 120,000New contract, October 2024: AED 120,000 a yearRenewal, October 2025: AED 120,000 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 2011 sits

All 123 1-beds →

2011 last sold in July 2024 at AED 2,129 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 2,174). 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. 2011's AED 120,000 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 20th floor

All 301 units in Binghatti Canal
Value
2001StudioAED 935K · Aug 2022
20022-bedAED 2.45M · Sep 2022
20031-bedAED 1.36M · Sep 2022
20041-bedAED 1.32M · Sep 2022
20051-bedAED 1.3M · Sep 2022
20062-bedAED 2.03M · Jul 2022
2007StudioAED 950K · Jul 2023
1–7 of 13

2011, Binghatti Canal in numbers

  • Sold twice: first on 2 September 2022 for AED 1,298,572, last on 5 July 2024 for AED 1,500,000 (AED 2,129 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.0%, 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: Dubai Land Department. Updated 31 October 2025.

Questions about 2011, Binghatti Canal

What did unit 2011 last sell for?

AED 1,500,000 on 5 July 2024: AED 2,129 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,298,572 in September 2022.

What is the rent for unit 2011?

AED 120,000 a year on the contract renewed on 31 October 2025. The previous contract, from October 2024, was AED 120,000.

How big is unit 2011?

705 sqft (65.5 sqm): a one-bedroom apartment on the 20th floor of a 21-storey tower completed in 2023.

What is unit 2011 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 2011, Binghatti Canal

Starts from the last sale price (AED 1.5M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →