1-bed · 706 sqftBinghatti Canal, Business Bay · 8th floor · completed 2023

805, Binghatti Canal

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.08M15 August 2022
Current rentAED 105K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Binghatti Canal

What is 805 worth today?

Last sold for AED 1,075,000 in 2022

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1 Nov 2024RentedRenewal
AED 105,000/yr12 months · AED 149 per sqft
15 Aug 2022Sold by developerOff-plan
AED 1,075,000AED 1,522 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
8th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.08M · August 2022

About 805, Binghatti Canal

805 is a one-bedroom apartment of 706 sqft on the 8th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 15 August 2022 for AED 1,075,000, or AED 1,522 per sqft, in line with the AED 1,533 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, renewed on 1 November 2024, is AED 105,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical one-bed in Binghatti Canal
1M1.25M1.5M20222023202420252026Typical 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, August 2022: AED 1,075,000 (AED 1,522 per sqft)

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

Rents
Unit 805, 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 120,000Renewal, November 2024: AED 105,000 a year

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 805 sits

All 123 1-beds →

805 last sold in August 2022 at AED 1,522 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,533). 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. 805's AED 105,000 is in the lower half of that range.

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 8th floor

All 301 units in Binghatti Canal
Value
801StudioAED 820K · Dec 2023
802AED 2.35M · Sep 2025
8031-bedAED 1.1M · Sep 2022
8041-bedAED 1.1M · Sep 2022
8062-bedAED 1.86M · Jun 2022
807StudioAED 1.19M · Aug 2023
808StudioAED 845K · Aug 2022
1–7 of 13

805, Binghatti Canal in numbers

  • Sold once: by Binghatti on 15 August 2022 for AED 1,075,000, or AED 1,522 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 9.8%, before a service charge of about AED 12,500 a year (AED 17.68 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 1 November 2024.

Questions about 805, Binghatti Canal

What did unit 805 last sell for?

AED 1,075,000 on 15 August 2022, sold by the developer: AED 1,522 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 805?

AED 105,000 a year on the contract renewed on 1 November 2024.

How big is unit 805?

706 sqft (65.6 sqm): a one-bedroom apartment on the 8th floor of a 21-storey tower completed in 2023.

What is unit 805 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 805, Binghatti Canal

Starts from the last sale price (AED 1.08M, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

Plus AED 50,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →