PropertyIndex

Binghatti Canal

Completed · Q2 2023|307 units · 1 tower

Alerts: Get notified of every new DLD-registered sale and rental contract.

Binghatti Canal is a completed apartment development by Binghatti Developers FZE in Business Bay, comprising 307 registered units. 438 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,353 per sqft. At AED 2,353 per sqft, Binghatti Canal prices 3% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 13.9% YoY
1.84MAED
Typical
2,353AED
PSF
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
438
DLD · all time
Rent contracts
454
Ejari · all time
Binghatti Canal

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
447 – 2,068 sqft
3071.84M2,35313.9%111K6.0%
Residential
Studio · Apartment
447 – 492 sqft
86
1 Bed · Apartment
701 – 791 sqft
128
2 Bed · Apartment
1,198 – 2,068 sqft
87
Commercial
Office
Shop
1,288 – 1,678 sqft
5
Store
1
Sales — Project-Wide438 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Aug 20261 BedFloor 117041,330,0001,890+15.7%Entry LevelStandard Sale
11 Aug 20261 BedFloor 137071,500,0002,121+22.7%StandardStandard Sale
18 Jun 20262 BedFloor 151,3322,300,0001,726+22.7%StandardStandard Sale
Rentals — Project-Wide454 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 279 rentals
Floors 1-5 · 55 rentals
Floors 6-7 · 37 rentals
Floors 8-21 · 187 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedFloor 1670494,5001340.0%Entry Levelrenewal
13 Aug 20262 BedFloor 61,331150,000113-8.5%Standardnew
12 Aug 2026StudioFloor 545095,000211+137.5%Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Binghatti Canal

Answered from Dubai Land Department registered transactions.

How much does a property in Binghatti Canal cost?

Property in Binghatti Canal sells at a current PIX© price of AED 2,353 per sqft, or about AED 1,837,242 for a typical unit, based on 438 sales registered with the Dubai Land Department.

Is Binghatti Canal completed?

Yes. Binghatti Canal is recorded as completed in the Dubai Land Department project register (completed q2 2023).

Who is the developer of Binghatti Canal?

Binghatti Canal is developed by Binghatti Developers FZE, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Binghatti Canal?

Binghatti Canal yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 454 registered Ejari contracts.

How many units are in Binghatti Canal?

Binghatti Canal holds 307 registered units, per the Dubai Land Department unit register.

Have prices in Binghatti Canal gone up or down?

Price per sqft has risen +13.9% over the last 12 months, to AED 2,353, across 438 registered sales.