M01, Binghatti Canal
Sold prices and rental history: sold 3 times, last in December 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M01, Binghatti Canal
What is M01 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 705 sqft
- Floor
- Ground of 21
- Parking
- P2-41
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.74M · December 2025
- Building
- Binghatti Canal
About M01, Binghatti Canal
M01 is a one-bedroom apartment of 705 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 8 December 2025 for AED 1,740,000, or AED 2,466 per sqft, 16% above the AED 2,131 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 8 October 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 12,500 a year.
Sales and rents for M01 over time
M01 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 M01 sits
All 123 1-beds →M01 last sold in December 2025 at AED 2,466 per sqft, 16% above what one-beds in Binghatti Canal were fetching at the time (AED 2,131). 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. M01's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 704 sqft | 1,450,000 | 2,060 | ||
| 21 May 202521 May 2025 | 753 sqft | 1,580,000 | 2,097 | ||
| 14 May 202514 May 2025 | 704 sqft | 1,500,000 | 2,131 | ||
| 16 Apr 202516 April 2025 | 707 sqft | 1,830,000 | 2,587 |
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 ground floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| M02 | 2-bed | 1,279 sqft | AED 2.01MAED 2,008,750 · Aug 2022August 2022 | ||
| M03 | Studio | 493 sqft | AED 820KAED 820,000 · Sep 2022September 2022 | 52,920 /yr | |
| M04 | Studio | 488 sqft | AED 1.05MAED 1,050,000 · Jul 2023July 2023 | ||
| M05 | 2-bed | 1,283 sqft | AED 2.65MAED 2,650,000 · Apr 2024April 2024 | ||
| M06 | 1-bed | 717 sqft | AED 1.2MAED 1,200,000 · Nov 2022November 2022 | ||
| M07 | 704 sqft | AED 1.44MAED 1,440,000 · Oct 2025October 2025 | 80,000 /yr | ||
| M08 | 1-bed | 703 sqft | AED 1.25MAED 1,250,000 · Dec 2022December 2022 | ||
| M09 | 2-bed | 1,323 sqft | AED 1.95MAED 1,950,000 · Jun 2025June 2025 | 155,000 /yr | |
| M10 | Studio | 451 sqft | AED 900KAED 900,000 · Dec 2022December 2022 | ||
| M11 | Studio | 450 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 80,000 /yr | |
| M12 | 2-bed | 1,273 sqft | AED 2.22MAED 2,220,000 · Jan 2026January 2026 | ||
| M13 | 1-bed | 703 sqft | AED 1.4MAED 1,400,000 · Dec 2022December 2022 | ||
| M14 | 1-bed | 704 sqft | AED 1.45MAED 1,450,000 · Dec 2022December 2022 | 100,000 /yr |
M01, Binghatti Canal in numbers
- Sold 3 times: first on 16 August 2022 for AED 1,200,000, last on 8 December 2025 for AED 1,740,000 (AED 2,466 per sqft).
- Rented since October 2024 on 2 Ejari contracts, from AED 117,684 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2025 price is 6.9%, 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 8 December 2025.
Questions about M01, Binghatti Canal
What did unit M01 last sell for?
AED 1,740,000 on 8 December 2025: AED 2,466 per sqft for 705 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in August 2022.
What is the rent for unit M01?
AED 120,000 a year on the contract signed on 8 October 2025. The previous contract, from October 2024, was AED 117,684.
How big is unit M01?
705 sqft (65.5 sqm): a one-bedroom apartment on the ground floor of a 21-storey tower completed in 2023.
What is unit M01 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 M01, Binghatti Canal
Starts from the last sale price (AED 1.74M, 8 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,740,000
- Deposit, UAE resident (20%)
- AED 348,000
- Deposit, non-resident (40%)
- AED 696,000
- Monthly over 25 years at 3.7%
- AED 7,119
Plus AED 78,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →