Unit M11, Binghatti Canal: what it sold for and what it is worth now

Unit M11 at Binghatti Canal is a studio of 450 sq ft. It last sold for AED 940,000 on 30 Oct 2024. At AED 2,178 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 980,000 today.

Value todayAED 980,000AED 980,000 to AED 1,162,000
Last saleAED 940,00030 Oct 2024 · Resale
Change since last sale+4.3%Building trend alone: AED 886,505
Rent (median asking, studio)AED 70,000Gross yield 7.1%
Bedroomsstudio
Size450 sq ft
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit2

Every registered sale of unit M11

DatePriceSizeAED/sq ftType
30 Oct 2024AED 940,000450 sq ft2,089Resale
10 Jan 2023AED 950,000450 sq ft2,111Off-plan

Latest studio sales in Binghatti Canal

UnitDatePriceSizeAED/sq ftType
60816 Oct 2026AED 980,000488 sq ft2,008Resale
3086 Mar 2026AED 1,350,000488 sq ft2,766Resale
50111 Dec 2025AED 980,000450 sq ft2,178Resale
18073 Dec 2025AED 1,270,000492 sq ft2,581Resale
31412 Nov 2025AED 980,000450 sq ft2,178Resale
30729 Sep 2025AED 1,290,000491 sq ft2,627Resale
140714 Aug 2025AED 1,150,000492 sq ft2,337Resale
100820 Mar 2025AED 1,315,000488 sq ft2,695Resale

How we worked out the value

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 (450 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 886,505. 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 M11 at Binghatti Canal worth?

About AED 980,000 (range AED 980,000 to AED 1,162,000), based on AED 2,178 per sq ft from registered sales up to 16 Oct 2026.

When did unit M11 last sell?

30 Oct 2024, for AED 940,000 (resale). It has 2 registered sales.

What rent can unit M11 make?

A studio in Binghatti Canal rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Binghatti CanalAll sales in Binghatti Canal

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