Binghatti Canal, Business Bay

    Sold Prices · DLD Data

    Binghatti Canal

    Business Bay, Dubai · Business Bay

    AED 2,076

    Avg Price / sqft

    AED 2.2M

    Avg Sale Price

    16

    DLD Sales Recorded

    6.2%

    Est. Gross Yield

    View listings Explore Business Bay

    Market snapshot

    Binghatti Canal — the numbers

    Binghatti Canal is a residential building in Business Bay, Dubai with approximately 306 units. Dubai Land Department records show 16 sales in the building, at an average price of AED 2.2M — around AED 2,076 per square foot.

    Since January 2026, 13 sales completed in Binghatti Canal, with the average price per square foot moving from AED 1,725 to AED 2,006 (+16.3%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Business Bay, a typical unit in Binghatti Canal returns an estimated 6.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Binghatti Canal; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Binghatti Canal

    Average sale price per sqft by month since January 2026 (single-sale months excluded)+16.3%

    1,8172,0942,371Jan 26: AED 1,725/sqft · 4 salesJan 26Feb 26: AED 1,998/sqft · 4 salesFeb 26Apr 26: AED 2,463/sqft · 3 salesApr 26Aug 26: AED 2,006/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 1.4M

    AED 2,768/sqft

    1 sale · last 12 months

    1 Bed

    AED 1.6M

    AED 2,240/sqft

    5 sales · last 12 months

    2 Bed

    AED 2.4M

    AED 1,870/sqft

    9 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    14 Aug 2026Sales1704AED 1.3MAED 1,890
    11 Aug 2026Sales1707AED 1.5MAED 2,121
    18 Jun 2026Sales21,332AED 2.3MAED 1,726
    15 May 2026Sales21,278AED 3.1MAED 2,426
    16 Apr 2026Sales21,283AED 2.6MAED 2,006
    09 Apr 2026Sales-1,491AED 3.6MAED 2,414
    03 Apr 2026Sales1707AED 2.1MAED 2,969
    06 Mar 2026Sales0488AED 1.4MAED 2,768
    26 Feb 2026Sales1717AED 1.6MAED 2,161
    19 Feb 2026Sales21,284AED 2.7MAED 2,103
    17 Feb 2026Sales21,378AED 2.3MAED 1,669
    16 Feb 2026Sales1704AED 1.4MAED 2,060
    27 Jan 2026Sales21,283AED 2.6MAED 2,026
    22 Jan 2026Sales21,273AED 2.2MAED 1,744
    12 Jan 2026Sales21,323AED 2.0MAED 1,549
    02 Jan 2026Sales21,378AED 2.2MAED 1,582

    About the area

    Binghatti Canal is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    FAQ

    Binghatti Canal: frequently asked questions

    What is the average price in Binghatti Canal?

    The average recorded sale price in Binghatti Canal, Business Bay is AED 2.2M, around AED 2,076 per square foot, based on Dubai Land Department transaction data.

    Are prices in Binghatti Canal going up or down?

    Average sale prices in Binghatti Canal have risen +16.3% per square foot since January 2026, across 13 DLD-recorded sales.

    What rental yield can I expect in Binghatti Canal?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Binghatti Canal yields roughly 6.2% gross per year, before service charges and fees.

    How many properties have sold in Binghatti Canal?

    16 sales have been recorded in Binghatti Canal according to DLD data, across approximately 306 units.

    Considering Binghatti Canal?

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