309, Binghatti Canal
Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Binghatti Canal
What is 309 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,284 sqft
- Floor
- 3rd of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 22,700 /yr
- Last sold
- AED 1.7M · September 2022
- Building
- Binghatti Canal
About 309, Binghatti Canal
309 is a two-bedroom apartment of 1,284 sqft on the 3rd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 2 September 2022 for AED 1,700,000, or AED 1,323 per sqft, in line with the AED 1,362 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 26 March 2025, is AED 170,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 22,700 a year.
Sales and rents for 309 over time
309 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Binghatti Canal, and where 309 sits
All 79 2-beds →309 last sold in September 2022 at AED 1,323 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,362). Over the last 12 months two-beds sold for AED 2,050,000 to 2,600,000, around AED 1,743 per sqft, and rent for AED 140,000 to 200,000 a year. 309's AED 170,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,283 sqft | 2,600,000 | 2,025 | ||
| 22 Jan 202622 January 2026 | 1,273 sqft | 2,220,000 | 1,743 | ||
| 12 Jan 202612 January 2026 | 1,323 sqft | 2,050,000 | 1,549 | ||
| 2 Jan 20262 January 2026 | 1,378 sqft | 2,180,000 | 1,582 |
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
- 7.8%
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 | |||
| 308 | Studio | 489 sqft | AED 840KAED 840,000 · Apr 2023April 2023 | 90,000 /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 |
309, Binghatti Canal in numbers
- Sold once: by Binghatti on 2 September 2022 for AED 1,700,000, or AED 1,323 per sqft.
- Rented since March 2024 on 2 Ejari contracts, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 22,700 a year (AED 17.68 per sqft).
- Two-beds in Binghatti Canal sold for AED 2,050,000–2,600,000 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 26 March 2025.
Questions about 309, Binghatti Canal
What did unit 309 last sell for?
AED 1,700,000 on 2 September 2022, sold by the developer: AED 1,323 per sqft for 1,284 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 170,000 a year on the contract renewed on 26 March 2025. The previous contract, from March 2024, was AED 170,000.
How big is unit 309?
1,284 sqft (119.3 sqm): a two-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2023.
What is unit 309 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Canal sold for AED 2,050,000 to 2,600,000 in the last 12 months, around AED 1,743 per sqft.
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Mortgage on 309, Binghatti Canal
Starts from the last sale price (AED 1.7M, 2 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →