Market bulletin · Thu, 22 Oct 2026
Binghatti Canal: 1 sales worth AED 980K in 30 days
Binghatti Canal recorded 1 sale worth AED 980K in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 1 sale was registered (AED 980K), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Binghatti Canal ranked #11 of 11 leading projects by 12-month sales value; it is developed by Binghatti.
Leases registered in the last three months had a median annual rent of AED 95K. The best gross yield is on 1 BR apartments at about 7.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 2,145 |
| Nov 25 | — |
| Oct 25 | AED 1,831 |
| Sept 25 | — |
| Aug 25 | AED 1,690 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | AED 2,344 |
| Feb 25 | AED 2,147 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 6 |
| Nov 25 | 0 | 0 | 1 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | unchanged 0.0% | AED 980K | — | — |
| Last 3 months | 3 | up 50.0% | AED 4.83M | — | — |
| Last 6 months | 5 | down 72.2% | AED 10.2M | 1,976 | down 4.1% |
| Last 12 months | 23 | down 42.5% | AED 44.2M | 2,026 | down 1.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 23 | 100% | AED 2.05M | 2,026 | down 1.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 5 | 22% | AED 980K | 2,178 | down 3.3% |
| 1 bedroom | 6 | 26% | AED 1.47M | 2,087 | down 0.3% |
| 2 bedrooms | 12 | 52% | AED 2.48M | 1,894 | up 17.6% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 11 | 48% | AED 1.35M | 2,161 | up 1.4% |
| AED 2M–10M | 12 | 52% | AED 2.48M | 1,894 | up 13.3% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 100K |
| Sept 26 | AED 95K |
| Aug 26 | AED 98K |
| Jul 26 | AED 93K |
| Jun 26 | AED 103K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 110K |
| Jan 26 | AED 120K |
| Dec 25 | AED 125K |
| Nov 25 | AED 112K |
| Oct 25 | AED 105K |
| Sept 25 | — |
| Aug 25 | AED 120K |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 82K |
| Mar 25 | AED 107K |
| Feb 25 | — |
| Jan 25 | AED 103K |
| Dec 24 | — |
| Nov 24 | AED 100K |
- Leases (12M)
- 159
- New leases
- 67.3%
- Median rent 3M
- AED 95K
- Rent/sqft 3M
- AED 136
| Studio apartments | AED 72K / AED 980K | 7.3% |
|---|---|---|
| 1 BR apartments | AED 108K / AED 1.47M | 7.4% |
| 2 BR apartments | AED 160K / AED 2.48M | 6.5% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 32 | AED 72K | AED 72K | 157 |
| 1 BR | 61 | AED 108K | AED 110K | 153 |
| 2 BR | 35 | AED 160K | AED 160K | 121 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.52M | 2 BR Apartment · 1,278 sqftBinghatti Canal · Business Bay | 4 Sept |
| AED 1.33M | 1 BR Apartment · 704 sqftBinghatti Canal · Business Bay | 14 Aug |
| AED 980K | Studio Apartment · 488 sqftBinghatti Canal · Business Bay | 16 Oct |
Questions about Binghatti Canal
How many properties were sold in Binghatti Canal in the last year?
23 sales worth AED 44.2M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Binghatti Canal?
The median annual rent on leases registered in the last three months was AED 95K, and the best gross rental yield is about 7.4%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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