M02, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M02, Binghatti Canal
What is M02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,279 sqft
- Floor
- Ground of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 22,600 /yr
- Last sold
- AED 2.01M · August 2022
- Building
- Binghatti Canal
About M02, Binghatti Canal
M02 is a two-bedroom apartment of 1,279 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 17 August 2022 for AED 2,008,750, or AED 1,570 per sqft, 17% above the AED 1,339 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for M02 over time
M02 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 M02 sits
All 79 2-beds →M02 last sold in August 2022 at AED 1,570 per sqft, 17% above what two-beds in Binghatti Canal were fetching at the time (AED 1,339). 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.
| 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
- 8.1%
Other units on the ground floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| M01 | 1-bed | 705 sqft | AED 1.74MAED 1,740,000 · Dec 2025December 2025 | 120,000 /yr | |
| 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 |
M02, Binghatti Canal in numbers
- Sold once: by Binghatti on 17 August 2022 for AED 2,008,750, or AED 1,570 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 17 August 2022.
Questions about M02, Binghatti Canal
What did unit M02 last sell for?
AED 2,008,750 on 17 August 2022, sold by the developer: AED 1,570 per sqft for 1,279 sqft. It is the only registered sale of the unit.
How big is unit M02?
1,279 sqft (118.8 sqm): a two-bedroom apartment on the ground floor of a 21-storey tower completed in 2023.
What is unit M02 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 M02, Binghatti Canal
Starts from the last sale price (AED 2.01M, 17 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,008,750
- Deposit, UAE resident (20%)
- AED 401,750
- Deposit, non-resident (40%)
- AED 803,500
- Monthly over 25 years at 3.7%
- AED 8,218
Plus AED 89,378 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →