M12, Binghatti Canal
Sold prices and rental history: sold twice, last in January 2026, 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 M12, Binghatti Canal
What is M12 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- Ground of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 22,500 /yr
- Last sold
- AED 2.22M · January 2026
- Building
- Binghatti Canal
About M12, Binghatti Canal
M12 is a two-bedroom apartment of 1,273 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 22 January 2026 for AED 2,220,000, or AED 1,743 per sqft, in line with the AED 1,698 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for M12 over time
M12 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 M12 sits
All 79 2-beds →M12 last sold in January 2026 at AED 1,743 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,698). 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 | ||
| 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 | ||
| 25 Dec 202525 December 2025 | 1,326 sqft | 2,600,000 | 1,960 |
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 | ||
| M11 | Studio | 450 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 80,000 /yr | |
| 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 |
M12, Binghatti Canal in numbers
- Sold twice: first on 6 December 2022 for AED 2,000,000, last on 22 January 2026 for AED 2,220,000 (AED 1,743 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 22 January 2026.
Questions about M12, Binghatti Canal
What did unit M12 last sell for?
AED 2,220,000 on 22 January 2026: AED 1,743 per sqft for 1,273 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in December 2022.
How big is unit M12?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the ground floor of a 21-storey tower completed in 2023.
What is unit M12 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 M12, Binghatti Canal
Starts from the last sale price (AED 2.22M, 22 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,220,000
- Deposit, UAE resident (20%)
- AED 444,000
- Deposit, non-resident (40%)
- AED 888,000
- Monthly over 25 years at 3.7%
- AED 9,083
Plus AED 98,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →