214, Binghatti Canal
Sold prices and rental history: sold twice, last in December 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 214, Binghatti Canal
What is 214 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 454 sqft
- Floor
- 2nd of 21
- Parking
- P1-72
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 1M · December 2024
- Building
- Binghatti Canal
About 214, Binghatti Canal
214 is a studio of 454 sqft on the 2nd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 24 December 2024 for AED 1,000,000, or AED 2,204 per sqft, 3% below the AED 2,279 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 April 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 8,000 a year.
Sales and rents for 214 over time
214 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Binghatti Canal, and where 214 sits
All 82 studios →214 last sold in December 2024 at AED 2,204 per sqft, 3% below what studios in Binghatti Canal were fetching at the time (AED 2,279). Over the last 12 months studios sold for AED 980,000 to 1,270,000, around AED 2,380 per sqft, and rent for AED 52,920 to 94,500 a year. 214's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 20 Mar 202520 March 2025 | 488 sqft | 1,315,000 | 2,695 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 960,000 | 2,149 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 970,000 | 2,170 |
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 | |
| 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 | |
| 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, Binghatti Canal in numbers
- Sold twice: first on 1 November 2022 for AED 750,000, last on 24 December 2024 for AED 1,000,000 (AED 2,204 per sqft).
- Rented since October 2023 on 3 Ejari contracts, from AED 85,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 8,000 a year (AED 17.68 per sqft).
- Studios in Binghatti Canal sold for AED 980,000–1,270,000 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 1 April 2025.
Questions about 214, Binghatti Canal
What did unit 214 last sell for?
AED 1,000,000 on 24 December 2024: AED 2,204 per sqft for 454 sqft. The unit has 2 registered sales; the first was AED 750,000 in November 2022.
What is the rent for unit 214?
AED 80,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 80,000; the unit has been rented since October 2023.
How big is unit 214?
454 sqft (42.2 sqm): a studio on the 2nd floor of a 21-storey tower completed in 2023.
What is unit 214 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Canal sold for AED 980,000 to 1,270,000 in the last 12 months, around AED 2,380 per sqft.
Selling 214? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 214, Binghatti Canal
Starts from the last sale price (AED 1M, 24 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →