1-bed · 705 sqftBinghatti Canal, Business Bay · 3rd floor · completed 2023

305, Binghatti Canal

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 9 January 2023
Last soldAED 1.3M9 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Binghatti Canal

What is 305 worth today?

Last sold for AED 1,300,000 in 2023

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9 Jan 2023SoldOff-plan
AED 1,300,000AED 1,842 per sqft
7 Jun 2022Sold by developerOff-plan
AED 995,000AED 1,410 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2023.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
3rd of 21
Parking
P1-1
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.3M · January 2023

About 305, Binghatti Canal

305 is a one-bedroom apartment of 705 sqft on the 3rd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 9 January 2023 for AED 1,300,000, or AED 1,842 per sqft, 9% above the AED 1,690 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales
Unit 305, 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, June 2022: AED 995,000 (AED 1,410 per sqft)Sold, January 2023: AED 1,300,000 (AED 1,842 per sqft)

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

Rents
Unit 305, 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 120,000

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 305 sits

All 123 1-beds →

305 last sold in January 2023 at AED 1,842 per sqft, 9% above 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.

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 3rd floor

All 301 units in Binghatti Canal
Value
301StudioAED 740K · Sep 2022
3022-bedAED 1.78M · Sep 2022
3031-bedAED 1.2M · Aug 2022
3041-bedAED 1.4M · Apr 2023
3062-bedAED 2.36M · Sep 2023
307AED 1.29M · Sep 2025
308StudioAED 840K · Apr 2023
1–7 of 13

305, Binghatti Canal in numbers

  • Sold twice: first on 7 June 2022 for AED 995,000, last on 9 January 2023 for AED 1,300,000 (AED 1,842 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 9 January 2023.

Questions about 305, Binghatti Canal

What did unit 305 last sell for?

AED 1,300,000 on 9 January 2023: AED 1,842 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 995,000 in June 2022.

How big is unit 305?

705 sqft (65.5 sqm): a one-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2023.

What is unit 305 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 305, Binghatti Canal

Starts from the last sale price (AED 1.3M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →