Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

Binghatti Canal

A 2 bed in Binghatti Canal costs a median AED 2.38M, rents long-let for AED 165,000/yr (6.41% gross), and returns 12.02% short-let at the assumed 80% occupancy — -0.2 pts vs Business Bay's 6.64% and -0.6 pts vs Dubai's 6.97% — from 26 sales and 47 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
16 in 12 months
Rental contracts · 2 bed
23 in 12 months
Buy
2.38MAED
AED 1,810/sqft
Long-let
6.41%
AED 165,000/yr
Short-let
12.02%
AED 1,248/night · 0.94/sqft

Price per sqft: Median of 16 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
-0.2 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 126
Sales
26
Rental contracts
47
Renewal rent
AED 165,000/yr
12 months
+8.3%
3 years
+34.5%+10.4%/yr

Based on 26 sales and 47 rental contracts in the last 24 months.

Binghatti Canal is an apartment building in Business Bay, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2022 to 2026, 858 registered sales in all — the 26 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 1.13M23016.30%
-1.3 pts
+14.6%15
1 bedAED 1.50M21327.33%
+0.2 pts
-0.7%21
2 bedAED 2.38M17836.41%
-0.2 pts
+8.3%26

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Binghatti Canal

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4991.02AED 114,885AED 80,0001.4×10.17%9+
1 bed6120.87AED 139,203AED 110,0001.3×9.28%6+
2 bed1,2480.94AED 285,466AED 165,0001.7×12.02%7+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.83 AED/night/sqft; latest Sep 2027, 0.56 AED/night/sqft; peak Jan 2027, 1.34 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Binghatti Canal itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Binghatti Canal between 2022 and 2023 went for a median of AED 1,659/sqft (AED 1.19M). The same building resells today at AED 2,094/sqft (AED 1.67M) — an uplift of +40.3%.

Based on 307 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

31 resales in the last 12 months, against 44 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
24 Aug 20262 bed1,323AED 2,408,3101,820
14 Aug 20261 bed704AED 1,330,0001,890
11 Aug 20261 bed707AED 1,500,0002,121
18 Jun 20262 bed1,332AED 2,300,0001,726

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed703AED 109,412156New
22 Aug 20261 bed704AED 70,00099Renewal
15 Aug 20261 bed704AED 94,500134Renewal
13 Aug 20262 bed1,331AED 150,000113New
12 Aug 2026Studio450AED 95,000211New
7 Aug 20261 bed702AED 95,000135New
6 Aug 2026Studio450AED 75,000167New
5 Aug 20261 bed702AED 100,000142New
5 Aug 20262 bed1,323AED 125,00094Renewal
4 Aug 20261 bed704AED 84,000119New
1 Aug 20261 bed717AED 93,000130New
1 Aug 2026Studio492AED 68,000138New
30 Jul 20262 bed1,333AED 150,000113New
29 Jul 20261 bed702AED 130,000185New
25 Jul 20261 bed707AED 88,000124New
19 Jul 20261 bed704AED 95,000135New
18 Jul 20261 bed704AED 112,000159Renewal
12 Jul 2026Studio492AED 65,000132New
7 Jul 20261 bed704AED 92,500131New
28 Jun 2026Studio491AED 90,000183New
23 Jun 20262 bed1,326AED 168,000127Renewal
22 Jun 20261 bed703AED 100,000142New
12 Jun 2026Studio450AED 80,000178New
5 Jun 20262 bed1,274AED 165,000130New
3 Jun 20262 bed1,284AED 165,000129Renewal
3 Jun 20261 bed704AED 105,000149New
3 Jun 20261 bed704AED 105,000149New
1 Jun 2026Studio447AED 75,000168New
1 Jun 20262 bed1,326AED 170,000128New

29 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
27
Lifts
5
Parking bays
309
Swimming pools
1

Nearby

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Binghatti Canal?
Binghatti Canal returns 6.41% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 47 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Binghatti Canal cost?
The median registered sale price is AED 2.38M (1,783 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Binghatti Canal selling for right now?
Registered sales of ready units in Binghatti Canal over the last 12 months have a median of 1,810 AED/sqft, across 16 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Binghatti Canal risen or fallen?
Median price per square foot moved +8.3% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Binghatti Canal compare with Business Bay?
Its 6.41% gross yield sits -0.2 pts against the Business Bay median of 6.64%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Binghatti Canal sale record

Record type
Building-level property market record
Data date
Evidence base
26 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/binghatti-canal
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Binghatti Canal sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/binghatti-canal.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.