Unit M06, Binghatti Canal: what it sold for and what it is worth now

Unit M06 at Binghatti Canal is a 1 bed of 717 sq ft. It last sold for AED 1,200,000 on 1 Nov 2022. At AED 2,117 per sq ft, from 10 sales in the building in the last 12 months (1 bed), it is worth about AED 1,518,000 today.

Value todayAED 1,518,000AED 1,477,000 to AED 1,673,000
Last saleAED 1,200,0001 Nov 2022 · Off-plan
Change since last sale+26.5% 
Rent (median asking, 1 bed)AED 99,998Gross yield 6.6%
Bedrooms1 bed
Size717 sq ft
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit1

Every registered sale of unit M06

DatePriceSizeAED/sq ftType
1 Nov 2022AED 1,200,000717 sq ft1,674Off-plan

Latest 1 bed sales in Binghatti Canal

UnitDatePriceSizeAED/sq ftType
110414 Aug 2026AED 1,330,000704 sq ft1,889Resale
130511 Aug 2026AED 1,500,000707 sq ft2,122Resale
11053 Apr 2026AED 2,100,000707 sq ft2,970Resale
141026 Feb 2026AED 1,550,000717 sq ft2,162Resale
141216 Feb 2026AED 1,450,000704 sq ft2,060Resale
M018 Dec 2025AED 1,740,000705 sq ft2,468Resale
3123 Dec 2025AED 1,485,000703 sq ft2,112Resale
71128 Oct 2025AED 1,450,000704 sq ft2,060Resale

How we worked out the value

We took the 10 sales in Binghatti Canal in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 2,117). We multiplied it by the size of this unit (717 sq ft). The range uses the middle half of those sales (AED 2,060 to AED 2,333 per sq ft). 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 M06 at Binghatti Canal worth?

About AED 1,518,000 (range AED 1,477,000 to AED 1,673,000), based on AED 2,117 per sq ft from registered sales up to 16 Oct 2026.

When did unit M06 last sell?

1 Nov 2022, for AED 1,200,000 (off-plan). It has 1 registered sale.

What rent can unit M06 make?

A 1 bed in Binghatti Canal rents for about AED 99,998 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Binghatti CanalAll sales in Binghatti Canal

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