Unit M04 at Binghatti Canal is a studio of 488 sq ft. It last sold for AED 1,050,000 on 20 Jul 2023. At AED 2,178 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 1,063,000 today.
| Bedrooms | studio |
|---|---|
| Size | 488 sq ft |
| Building | Binghatti Canal by Binghatti Developers, handed over 2023 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 20 Jul 2023 | AED 1,050,000 | 488 sq ft | 2,152 | Resale |
| 7 Jul 2022 | AED 760,000 | 488 sq ft | 1,557 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 608 | 16 Oct 2026 | AED 980,000 | 488 sq ft | 2,008 | Resale |
| 308 | 6 Mar 2026 | AED 1,350,000 | 488 sq ft | 2,766 | Resale |
| 501 | 11 Dec 2025 | AED 980,000 | 450 sq ft | 2,178 | Resale |
| 1807 | 3 Dec 2025 | AED 1,270,000 | 492 sq ft | 2,581 | Resale |
| 314 | 12 Nov 2025 | AED 980,000 | 450 sq ft | 2,178 | Resale |
| 307 | 29 Sep 2025 | AED 1,290,000 | 491 sq ft | 2,627 | Resale |
| 1407 | 14 Aug 2025 | AED 1,150,000 | 492 sq ft | 2,337 | Resale |
| 1008 | 20 Mar 2025 | AED 1,315,000 | 488 sq ft | 2,695 | Resale |
We took the 5 sales in Binghatti Canal in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,178). We multiplied it by the size of this unit (488 sq ft). The range uses the middle half of those sales (AED 2,178 to AED 2,581 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,048,749. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.
About AED 1,063,000 (range AED 1,063,000 to AED 1,260,000), based on AED 2,178 per sq ft from registered sales up to 16 Oct 2026.
20 Jul 2023, for AED 1,050,000 (resale). It has 2 registered sales.
A studio in Binghatti Canal rents for about AED 70,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.