1 bedroom, Binghatti Canal
Dubai, Business Bay, Binghatti Canal
Dubai Mall
10-min walk
65 m²
Property area
2023
Construction year
8 out of 26
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$416 438 ($6 385/m²)
1 520 000 AED
Rental yield: 5,88%
Burj Khalifa
10-min walk
Price growth rate per year: 8%
TOTAL INVESTEMENT AMOUNT: $456 521
  • Unit price: $416 438
  • Renovation price: $1 370
  • Furnishings: $2 740
  • Commission: $8 745
  • DLD fee payment: $16 817
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $6 247

TOTAL RENTAL YIELD PER YEAR: $42 740
  • Rent payments: $3 562 (per month) / $42 740 (per year)

EXPENSES PER YEAR: $15 887
  • Service charge: $3 422
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $7 693

NET RENTAL YIELD PER YEAR: $26 852
or 5,88%
An apartment in a new building with a breathtaking Burj Khalifa view, skyscrapers, the water canal, and the yacht harbor.

Binghatti Canal is a new residential project by Binghatti Developments located in the Dubai business center.

This area combines the existing business district with a place made for comfortable living. Business Bay is situated near the Dubai Canal, and this area is often compared to New York's Manhattan. It is home to the offices of a multitude of major companies. The drive to the Burj Khalifa and Dubai Mall will take no more than 10 minutes.

The building is equipped with the most modern control systems, such as touch switches, fingerprint scanner at the apartment entrance, and a video intercom system. High-quality materials have been used in the construction of the apartment, including a stone kitchen countertop, faux-marble tiles, smart and practical lighting.

Residents have access to a luxurious panoramic pool with the Burj Khalifa view. The building also provides direct access to the canal and yacht marina.

● 1 bedroom
● 65 sq. m.
● Floor 8 (out of 26)
● Huge balcony overlooking the Burj Khalifa, the canal and the marina.
● 1 bathroom, 1 guest toilet
● Furnished with furniture and appliances
● Mortgage free

Key tower features:
  • New building
  • Pool with the Burj Khalifa view
  • Gym
  • Lounge area
  • Promenades along the canal
  • Yacht marina
  • Shops and restaurants
Business Bay is located between the Dubai Water Canal and the Downtown area, close to the metro stations and major traffic arteries as well as a few minutes away by car from the DXB Airport, Dubai Design District, DIFC and DWTC World Center.

The infrastructure of each neighborhood includes everything necessary for work and comfortable living, for example, modern offices, gyms, restaurants, pools and shopping malls.

There are a lot of kindergartens in the community, for example, Kolibri (Hummingbird), Maple Bear, Blossoms, Churchill Towers as well as schools, such as Jumeirah и Safa, Al Quoz, GEMS и Gems Wellington.

Emirates Hospital Clinic is considered one of the best hospitals in the area and is renowned for its excellent diagnostics and experts.

The main attractions of Business Bay are the Al Habtoor City mixed-use complex, the unique La Perle aqua-theatre as well as a variety of panoramic lounges with the great Burj Khalifa views.

Business Bay has previously been announced the best real estate investment area in Dubai. Housing prices have grown by 17% in 2 years in this neighborhood and can be regarded as one of the fastest growth rates on the Dubai real estate market.