M05, Binghatti Canal
Sold prices and rental history: sold twice, last in April 2024, 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 M05, Binghatti Canal
What is M05 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,283 sqft
- Floor
- Ground of 21
- Parking
- B-36
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 22,700 /yr
- Last sold
- AED 2.65M · April 2024
- Building
- Binghatti Canal
About M05, Binghatti Canal
M05 is a two-bedroom apartment of 1,283 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 7 April 2024 for AED 2,650,000, or AED 2,064 per sqft, 26% above the AED 1,633 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for M05 over time
M05 has sold twice; 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 M05 sits
All 79 2-beds →M05 last sold in April 2024 at AED 2,064 per sqft, 26% above what two-beds in Binghatti Canal were fetching at the time (AED 1,633). 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 | |
| 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 | ||
| 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 |
M05, Binghatti Canal in numbers
- Sold twice: first on 12 September 2022 for AED 1,777,777, last on 7 April 2024 for AED 2,650,000 (AED 2,064 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 7 April 2024.
Questions about M05, Binghatti Canal
What did unit M05 last sell for?
AED 2,650,000 on 7 April 2024: AED 2,064 per sqft for 1,283 sqft. The unit has 2 registered sales; the first was AED 1,777,777 in September 2022.
How big is unit M05?
1,283 sqft (119.2 sqm): a two-bedroom apartment on the ground floor of a 21-storey tower completed in 2023.
What is unit M05 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 M05, Binghatti Canal
Starts from the last sale price (AED 2.65M, 7 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →