204, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Binghatti Canal
What is 204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 702 sqft
- Floor
- 2nd of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,400 /yr
- Last sold
- AED 1.1M · August 2022
- Building
- Binghatti Canal
About 204, Binghatti Canal
204 is a one-bedroom apartment of 702 sqft on the 2nd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 10 August 2022 for AED 1,100,000, or AED 1,565 per sqft, in line with the AED 1,565 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 October 2024. The current contract, renewed on 20 October 2024, is AED 95,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 204 over time
204 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 204 sits
All 123 1-beds →204 last sold in August 2022 at AED 1,565 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,565). 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. 204's AED 95,000 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 2nd floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 448 sqft | AED 831KAED 831,000 · Sep 2023September 2023 | 75,000 /yr | |
| 202 | 2-bed | 1,332 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 140,000 /yr | |
| 203 | 1-bed | 702 sqft | AED 1.07MAED 1,070,000 · Sep 2022September 2022 | 120,000 /yr | |
| 205 | 1-bed | 705 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 110,000 /yr | |
| 206 | 2-bed | 1,327 sqft | AED 1.6MAED 1,600,000 · Aug 2022August 2022 | ||
| 207 | Studio | 493 sqft | AED 843KAED 842,943 · May 2022May 2022 | 80,000 /yr | |
| 208 | Studio | 488 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | ||
| 209 | 2-bed | 1,332 sqft | AED 1.69MAED 1,690,000 · Aug 2022August 2022 | ||
| 210 | 1-bed | 717 sqft | AED 1.1MAED 1,100,000 · Jan 2023January 2023 | ||
| 211 | 1-bed | 703 sqft | AED 1.08MAED 1,075,000 · Sep 2022September 2022 | 105,000 /yr | |
| 212 | 1-bed | 701 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | ||
| 213 | 2-bed | 1,379 sqft | AED 2.13MAED 2,127,000 · Jun 2025June 2025 | ||
| 214 | Studio | 454 sqft | AED 1MAED 1,000,000 · Dec 2024December 2024 | 80,000 /yr |
204, Binghatti Canal in numbers
- Sold once: by Binghatti on 10 August 2022 for AED 1,100,000, or AED 1,565 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 8.6%, 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 20 October 2024.
Questions about 204, Binghatti Canal
What did unit 204 last sell for?
AED 1,100,000 on 10 August 2022, sold by the developer: AED 1,565 per sqft for 702 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 95,000 a year on the contract renewed on 20 October 2024.
How big is unit 204?
702 sqft (65.2 sqm): a one-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.
What is unit 204 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 204, Binghatti Canal
Starts from the last sale price (AED 1.1M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →