308, Binghatti Canal
Sold prices and rental history: sold twice, last in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Binghatti Canal
What is 308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 3rd of 21
- Parking
- P3-71
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,600 /yr
- Last sold
- AED 840K · April 2023
- Building
- Binghatti Canal
About 308, Binghatti Canal
308 is a studio of 489 sqft on the 3rd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 13 April 2023 for AED 840,000, or AED 1,718 per sqft, in line with the AED 1,756 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 March 2025, is AED 90,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 8,600 a year.
Sales and rents for 308 over time
308 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 308 sits
All 82 studios →308 last sold in April 2023 at AED 1,718 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,756). 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. 308's AED 90,000 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 3rd floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 452 sqft | AED 740KAED 740,000 · Sep 2022September 2022 | ||
| 302 | 2-bed | 1,273 sqft | AED 1.78MAED 1,780,000 · Sep 2022September 2022 | ||
| 303 | 1-bed | 702 sqft | AED 1.2MAED 1,204,764 · Aug 2022August 2022 | ||
| 304 | 1-bed | 704 sqft | AED 1.4MAED 1,400,000 · Apr 2023April 2023 | 105,000 /yr | |
| 305 | 1-bed | 705 sqft | AED 1.3MAED 1,300,000 · Jan 2023January 2023 | ||
| 306 | 2-bed | 1,278 sqft | AED 2.36MAED 2,360,000 · Sep 2023September 2023 | ||
| 307 | 491 sqft | AED 1.29MAED 1,290,000 · Sep 2025September 2025 | |||
| 309 | 2-bed | 1,284 sqft | AED 1.7MAED 1,700,000 · Sep 2022September 2022 | 170,000 /yr | |
| 310 | 1-bed | 717 sqft | AED 1.1MAED 1,100,000 · Sep 2022September 2022 | ||
| 311 | 1-bed | 704 sqft | AED 1.17MAED 1,170,000 · Sep 2023September 2023 | 99,999 /yr | |
| 312 | 703 sqft | AED 1.49MAED 1,485,000 · Dec 2025December 2025 | 106,713 /yr | ||
| 313 | 2-bed | 1,323 sqft | AED 2.15MAED 2,150,000 · Mar 2024March 2024 | ||
| 314 | 450 sqft | AED 980KAED 980,000 · Nov 2025November 2025 | 75,000 /yr |
308, Binghatti Canal in numbers
- Sold twice: first on 7 April 2022 for AED 750,000, last on 13 April 2023 for AED 840,000 (AED 1,718 per sqft).
- Rented since March 2025 on 2 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 8,600 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 March 2025.
Questions about 308, Binghatti Canal
What did unit 308 last sell for?
AED 840,000 on 13 April 2023: AED 1,718 per sqft for 489 sqft. The unit has 2 registered sales; the first was AED 750,000 in April 2022.
What is the rent for unit 308?
AED 90,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 90,000.
How big is unit 308?
489 sqft (45.4 sqm): a studio on the 3rd floor of a 21-storey tower completed in 2023.
What is unit 308 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.
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Mortgage on 308, Binghatti Canal
Starts from the last sale price (AED 840K, 13 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →