1-bed · 701 sqftBinghatti Canal, Business Bay · 2nd floor · completed 2023

212, Binghatti Canal

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 16 November 2022

Last soldAED 1.1M16 November 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 212, Binghatti Canal

Today

What is 212 worth today?

Last sold for AED 1,100,000 in 2022

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16 Nov 2022

16 Nov 2022Sold by developerOff-plan

AED 1,100,000AED 1,570 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 November 2022.

Key facts

Type: 1-bed apartment
Size: 701 sqft
Floor: 2nd of 21
Parking: 1
Developer: Binghatti
Completed: 2023
Service charge: AED 12,400 /yr
Last sold: AED 1.1M · November 2022
Building: Binghatti Canal

About 212, Binghatti Canal

212 is a one-bedroom apartment of 701 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 16 November 2022 for AED 1,100,000, or AED 1,570 per sqft, 6% below the AED 1,672 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 212 over time

Sales

Unit 212, each saleTypical one-bed in Binghatti Canal

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

Rents

Unit 212, each contractTypical one-bed in Binghatti Canal

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 212 sits

All 123 1-beds →

1-beds in Binghatti Canal · last 12 months2,112 /sqft Binghatti Canal · all types1,993 /sqft

212 last sold in November 2022 at AED 1,570 per sqft, 6% below what one-beds in Binghatti Canal were fetching at the time (AED 1,672). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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: 7.8%

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

Other units on the 2nd floor

All 301 units in Binghatti Canal


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
204	1-bed	702 sqft	AED 1.1MAED 1,100,000 · Aug 2022August 2022	95,000 /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
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

1–7 of 13

212, Binghatti Canal in numbers

Sold once: by Binghatti on 16 November 2022 for AED 1,100,000, or AED 1,570 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 16 November 2022.

Questions about 212, Binghatti Canal

What did unit 212 last sell for?

AED 1,100,000 on 16 November 2022, sold by the developer: AED 1,570 per sqft for 701 sqft. It is the only registered sale of the unit.

How big is unit 212?

701 sqft (65.1 sqm): a one-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.

What is unit 212 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 212, Binghatti Canal

Starts from the last sale price (AED 1.1M, 16 November 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 →