M11, Binghatti Canal
Sold prices and rental history: sold twice, last in October 2024, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M11, Binghatti Canal
What is M11 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Floor
- Ground of 21
- Parking
- P3-37
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 940K · October 2024
- Building
- Binghatti Canal
About M11, Binghatti Canal
M11 is a studio of 450 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 30 October 2024 for AED 940,000, or AED 2,089 per sqft, in line with the AED 2,111 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 April 2025. The current contract, signed on 15 April 2025, is AED 80,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 8,000 a year.
Sales and rents for M11 over time
M11 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Binghatti Canal, and where M11 sits
All 82 studios →M11 last sold in October 2024 at AED 2,089 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 2,111). Over the last 12 months studios sold for AED 980,000 to 1,270,000, around AED 2,380 per sqft, and rent for AED 52,920 to 94,500 a year. M11's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 20 Mar 202520 March 2025 | 488 sqft | 1,315,000 | 2,695 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 960,000 | 2,149 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 970,000 | 2,170 |
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 | ||
| 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 | ||
| 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 |
M11, Binghatti Canal in numbers
- Sold twice: first on 10 January 2023 for AED 950,000, last on 30 October 2024 for AED 940,000 (AED 2,089 per sqft).
- Rented since April 2025 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 8,000 a year (AED 17.68 per sqft).
- Studios in Binghatti Canal sold for AED 980,000–1,270,000 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 15 April 2025.
Questions about M11, Binghatti Canal
What did unit M11 last sell for?
AED 940,000 on 30 October 2024: AED 2,089 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 950,000 in January 2023.
What is the rent for unit M11?
AED 80,000 a year on the contract signed on 15 April 2025.
How big is unit M11?
450 sqft (41.8 sqm): a studio on the ground floor of a 21-storey tower completed in 2023.
What is unit M11 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Canal sold for AED 980,000 to 1,270,000 in the last 12 months, around AED 2,380 per sqft.
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Mortgage on M11, Binghatti Canal
Starts from the last sale price (AED 940K, 30 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus AED 44,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →