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Sold for AED 2,180,000: 2-Bedroom Apartment in Binghatti Canal

Located in Business Bay, Dubai. Its price per sqft is −22% vs the Binghatti Canal median (AED 2,016/sqft).

All Business Bay salesBinghatti Canal prices

Sale price

AED 2,180,000

Per sqft
AED 1,582
Registered
2 Jan 2026, 11:17 (Dubai)
Binghatti Canal, Dubai

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Binghatti Canal: same layout, exact size (1,378 sqft) and parking bay B-17. The registry has no unit numbers, so records are matched on these details.

  1. 2 Jan 2026This sale

    1,378 sqft · AED 1,582/sqft · Ready

    First recordAED 2,180,000

  2. 2 Jan 2026Mortgage

    Same day as previous · 1,378 sqft · AED 1,266/sqft · Ready

    20%lower than the previous recordAED 1,744,000
Records
2
Registered
Same day
as the mortgage, 2 Jan 2026
Loan to value
80%
AED 1.74M mortgage on the AED 2.18M sale

02 / The property

Property details

Size
1,378 sqft · 128 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B-17
Nearest metro
Buj Khalifa Dubai Mall Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Binghatti Canal (2 Jan 2026 – 4 Sept 2026)

18 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
4 Sept 20262.53M+16% vs selected1,976+25% vs selected
21 Aug 20262.41M+10% vs selected1,820+15% vs selected
14 Aug 20261.33M−39% vs selected1,890+19% vs selected
11 Aug 20261.5M−31% vs selected2,121+34% vs selected
18 Jun 20262.3M+6% vs selected1,726+9% vs selected
15 May 20263.1M+42% vs selected2,426+53% vs selected
16 Apr 20262.58M+18% vs selected2,006+27% vs selected
9 Apr 20263.6M+65% vs selected2,414+53% vs selected
3 Apr 20262.1M−4% vs selected2,969+88% vs selected
6 Mar 20261.35M−38% vs selected2,768+75% vs selected
26 Feb 20261.55M−29% vs selected2,161+37% vs selected
19 Feb 20262.7M+24% vs selected2,103+33% vs selected
17 Feb 20262.3M+6% vs selected1,669+5% vs selected
16 Feb 20261.45M−33% vs selected2,060+30% vs selected
27 Jan 20262.6M+19% vs selected2,026+28% vs selected
22 Jan 20262.22M+2% vs selected1,744+10% vs selected
12 Jan 20262.05M−6% vs selected1,549−2% vs selected
2 BR · 1,378 sqftReadySelected sale
2 Jan 20262.18M1,582

04 / Renting it out

What similar apartments rent for

Median of 211 market rents of apartments of 1,171–1,584 sq ft in Business Bay. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 125,000
Per sqft / yr
AED 89/sqft
Gross yield
5.7%