Unit M05, Binghatti Canal: what it sold for and what it is worth now

Unit M05 at Binghatti Canal is a 2 bed of 1,283 sq ft. It last sold for AED 2,650,000 on 7 Apr 2024. At AED 1,829 per sq ft, from 15 sales in the building in the last 12 months (2 bed), it is worth about AED 2,346,000 today.

Value todayAED 2,346,000AED 2,226,000 to AED 2,555,000
Last saleAED 2,650,0007 Apr 2024 · Resale
Change since last sale-11.5%Building trend alone: AED 2,555,688
Rent (median asking, 2 bed)AED 160,000Gross yield 6.8%
Bedrooms2 bed
Size1,283 sq ft
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit2

Every registered sale of unit M05

DatePriceSizeAED/sq ftType
7 Apr 2024AED 2,650,0001,283 sq ft2,065Resale
12 Sep 2022AED 1,777,7771,283 sq ft1,386Off-plan

Latest 2 bed sales in Binghatti Canal

UnitDatePriceSizeAED/sq ftType
3064 Sep 2026AED 2,525,0001,278 sq ft1,976Resale
71321 Aug 2026AED 2,408,3101,323 sq ft1,820Resale
150218 Jun 2026AED 2,300,0001,332 sq ft1,727Resale
M0215 May 2026AED 3,100,0001,278 sq ft2,426Resale
70916 Apr 2026AED 2,575,0001,283 sq ft2,007Resale
200919 Feb 2026AED 2,700,0001,284 sq ft2,103Resale
101317 Feb 2026AED 2,300,0001,378 sq ft1,669Resale
90927 Jan 2026AED 2,600,0001,283 sq ft2,027Resale

How we worked out the value

We took the 15 sales in Binghatti Canal in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,829). We multiplied it by the size of this unit (1,283 sq ft). The range uses the middle half of those sales (AED 1,735 to AED 1,991 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,555,688. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit M05 at Binghatti Canal worth?

About AED 2,346,000 (range AED 2,226,000 to AED 2,555,000), based on AED 1,829 per sq ft from registered sales up to 16 Oct 2026.

When did unit M05 last sell?

7 Apr 2024, for AED 2,650,000 (resale). It has 2 registered sales.

What rent can unit M05 make?

A 2 bed in Binghatti Canal rents for about AED 160,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for Binghatti CanalAll sales in Binghatti Canal

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