Project · Transactions · 2024

Binghatti Canal Property Transactions 2024

51 property sales worth ⃃ 96.94M were registered in Binghatti Canal in 2024, 7.3% lower than 2023 by number of sales. The median sale price was ⃃ 1,640,000 and the median price per square foot ⃃ 2,111 (+13.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 51 salesUpdated: 12 Nov 2026
Property sales
51
−7.3% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 96.94M
+17.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,640,000
+26.2% vs 2023
51 sales
Median price per sq ft
⃃ 2,111
+13.0% vs 2023
51 sales

What types of property sold in Binghatti Canal in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4996.1%⃃ 86.19M⃃ 1,540,000⃃ 2,092
Commercial23.9%⃃ 10.75M⃃ 5,375,000⃃ 3,726

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)611.8%⃃ 12.08M⃃ 2,150,000⃃ 1,629
Resale (secondary)4588.2%⃃ 84.85M⃃ 1,530,000⃃ 2,131
Ready51100%⃃ 96.94M⃃ 1,640,000⃃ 2,111

How many rental contracts were registered in Binghatti Canal in 2024?

105 rental contracts (new and renewed) were registered in Binghatti Canal in 2024, at a median annual rent of ⃃ 107,000 (+12.6% on 2023). Rental yields in Binghatti Canal

What were the most expensive property sales in Binghatti Canal in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/01/2024Binghatti CanalCommercial1,594 sq ft⃃ 6,000,000Resale · Ready
19/02/2024Binghatti CanalCommercial1,288 sq ft⃃ 4,750,000Resale · Ready
11/12/2024Binghatti Canal2 beds · Apartment2,023 sq ft⃃ 3,972,629Resale · Ready
23/10/2024Binghatti Canal2 beds · Apartment2,031 sq ft⃃ 3,190,619Resale · Ready
07/04/2024Binghatti Canal2 beds · Apartment1,283 sq ft⃃ 2,650,000Resale · Ready
13/03/2024Binghatti Canal2 beds · Apartment1,333 sq ft⃃ 2,650,000Resale · Ready
13/03/2024Binghatti Canal2 beds · Apartment1,323 sq ft⃃ 2,634,739Primary · Ready
09/10/2024Binghatti Canal2 beds · Apartment1,278 sq ft⃃ 2,600,000Resale · Ready
29/03/2024Binghatti Canal2 beds · Apartment1,333 sq ft⃃ 2,590,000Resale · Ready
10/05/2024Binghatti Canal2 beds · Apartment1,326 sq ft⃃ 2,500,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
24/12/2024Binghatti Canal2 beds · Apartment2,068 sq ft⃃ 2,300,000Resale · Ready
24/12/2024Binghatti CanalStudio · Apartment454 sq ft⃃ 1,000,000Resale · Ready
12/12/2024Binghatti Canal1 bed · Apartment704 sq ft⃃ 1,500,000Resale · Ready
11/12/2024Binghatti Canal2 beds · Apartment2,023 sq ft⃃ 3,972,629Resale · Ready
06/12/2024Binghatti Canal1 bed · Apartment791 sq ft⃃ 1,500,000Resale · Ready
30/11/2024Binghatti CanalStudio · Apartment488 sq ft⃃ 1,150,000Resale · Ready
15/11/2024Binghatti CanalStudio · Apartment492 sq ft⃃ 1,250,000Resale · Ready
07/11/2024Binghatti CanalStudio · Apartment491 sq ft⃃ 1,130,000Resale · Ready
30/10/2024Binghatti CanalStudio · Apartment450 sq ft⃃ 940,000Resale · Ready
24/10/2024Binghatti Canal1 bed · Apartment704 sq ft⃃ 1,720,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/binghatti-canal/2024
Binghatti Canal Property Transactions 2024. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/binghatti-canal/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Binghatti Canal in 2024?
51 property sales worth ⃃ 96,935,594 were registered in Binghatti Canal in 2024. That is 7.3% lower than 2023.
What was the median property price in Binghatti Canal in 2024?
The median sale price was ⃃ 1,640,000 and the median price per square foot ⃃ 2,111 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Binghatti Canal were off-plan or from developers?
Developer (primary) sales were 11.8% of the 51 sales and resales 88.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/binghatti-canal/2024