Binghatti Canal, Business Bay: sale prices and transactions
Binghatti Canal is a project registered with the Dubai Land Department (project no. 2366) in Business Bay. Since April 2022, 431 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 30 sales closed at a median AED 21,918 per m² (AED 2,036 per sq ft).
- AED 21,918median price per m²
- AED 2,036median price per sq ft
- 431sales since 2022
- 30sales in 12 months
- -4.5%change year on year
Its price per m² is 14.1% below the Business Bay median (AED 25,523/m²). Most sales (71.2%) were registered off-plan: the project was sold before completion.
Binghatti Canal prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 5 | AED 980,000 | 45 m² |
| Apartment · 1 bedroom | 10 | AED 1,492,500 | 65 m² |
| Apartment · 2 bedrooms | 15 | AED 2,408,310 | 123 m² |
Binghatti Canal price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 280 | AED 17,809 | AED 1,655 | — |
| 2023 | 50 | AED 19,936 | AED 1,852 | +11.9% |
| 2024 | 49 | AED 22,525 | AED 2,093 | +13% |
| 2025 | 34 | AED 22,742 | AED 2,113 | +1% |
| 2026 (to mid-October) | 18 | AED 21,608 | AED 2,007 | -5% |
Binghatti Canal rents
134 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 7.2%, 2 bedrooms 6.9%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 41 | AED 76,500 | 67,750 – 81,000 | AED 75,000 |
| Apartment · 1 bedroom | 60 | AED 107,412 | 96,250 – 120,000 | AED 109,412 |
| Apartment · 2 bedrooms | 33 | AED 165,000 | 150,000 – 170,000 | AED 155,000 |
Location
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Adeba Azizi, Dubai Health Care City Phase 2 — AED 21,965/m²
- Mbl Residence, DMCC Master Community — AED 21,912/m²
- DAMAC Heights, Dubai Marina — AED 21,984/m²
- The Point, Dubai Marina — AED 21,909/m²
Other projects in Business Bay
- Paramount Tower Hotel & Residences — AED 21,917/m²
- Marquise Square Tower — AED 21,810/m²
- Vyb — AED 21,786/m²
- Reva Residences — AED 21,734/m²
- SLS Dubai — AED 21,626/m²
- Terraces Marasi Drive — AED 21,368/m²
- J One — AED 21,203/m²
- The Sterling West House — AED 21,103/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Binghatti Canal?
Over the last 12 months the median is AED 2,036 per sq ft (AED 21,918 per m²) across 30 DLD sales.
How much is a studio at Binghatti Canal?
Median sale price AED 980,000 for a median 45 m², across 5 sales over the last 12 months.
How many sales have been registered at Binghatti Canal?
431 residential sales registered with the DLD between April 2022 and October 2026, 71.2% of them off-plan.
Where is Binghatti Canal?
In Business Bay, Dubai; nearest metro station per the DLD: Buj Khalifa Dubai Mall Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.