Dubai Land Department Off-Plan Register

Binghatti Canal Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

307 developer launch sales registered at Binghatti Canal between Apr 2022 and Jun 2023: 100% apartments, most commonly 1-bed units, typically around 704 sqft.

Launch sales
307
DLD off-plan registrations, all time
Median launch /sqft
AED 1,659
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 600,0002,500,000
Min – max registered

Bed mix: Studio 30% · 1-bed 43% · 2-bed 27%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Binghatti Canal, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2022 Q220AED 1,719
2022 Q3181AED 1,632
2022 Q479AED 1,677
2023 Q112AED 1,845
2023 Q215AED 1,680
Two different markets

Launch vs Resale

Binghatti Canal also has 117 ready-market resales registered with the DLD, the first on 13 July 2023 - 15 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
117
61 in the last 2 years
Resale median /sqft
AED 2,097
last 2 years
Resale vs launch
+26%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Binghatti Canal →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,273 sqft · 22 June 2023
AED 1,200,000
AED 943 /sqft
Apartment · 1 Bed
769 sqft · 19 June 2023
AED 1,150,000
AED 1,496 /sqft
Apartment · Studio
494 sqft · 13 June 2023
AED 930,000
AED 1,884 /sqft
Apartment · 2 Bed
1,279 sqft · 7 June 2023
AED 1,700,000
AED 1,329 /sqft
Apartment · 1 Bed
704 sqft · 6 June 2023
AED 1,186,818
AED 1,686 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

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