Vacant 1-Bedroom Canal-View Apartment with Jacuzzi at Binghatti Canal, Business Bay — Below Market

Property Overview

This is a vacant one-bedroom apartment at Binghatti Canal, a Binghatti Developers tower directly on the Dubai Water Canal in Business Bay, Dubai. Measuring 720 sq ft with a canal view and a jacuzzi, it is offered as a below-market distress sale at AED 1,500,000, or about AED 2,083 per sq ft, and is vacant on transfer.

Property Highlights

• Vacant one-bedroom apartment at Binghatti Canal, Business Bay
• 720 sq ft with a canal view and a jacuzzi
• Vacant on transfer, in a ready waterfront building
• Direct Dubai Water Canal frontage with signature Binghatti design
• Asking price of AED 1,500,000 (approximately AED 2,083 per sq ft)

Deal Classification and Pricing

This is a distress listing classified as Below Market on the agent's and DPF operator's assessment. Against the size of 720 sq ft, the asking price works out to about AED 2,083 per sq ft. A specific dated market comparable was not included in the written brief and is to be recorded on DPF's evidence file; a specific savings percentage is therefore not stated. The agent markets the unit as "below market" with a "canal view" and "with jacuzzi" — agent-supplied claims to be verified.

Layout, View and Features

The brief describes a one-bedroom apartment of 720 sq ft with a canal view and a jacuzzi. The jacuzzi is agent-stated; Binghatti Canal is known for jacuzzi units and also offers a shared jacuzzi amenity, so whether this is a private in-unit jacuzzi should be confirmed. Floor, bathroom count, parking and furnishing were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard building features have been added.

About Binghatti Canal, Business Bay and Binghatti

Binghatti Canal is a 26-floor residential tower by Binghatti Developers in Business Bay, completed in June 2023, positioned directly on the Dubai Water Canal. Known for its signature interwoven-balcony facade, it offers studios, one and two-bedroom apartments (including two-bedroom-plus-jacuzzi layouts) with canal and city views. Amenities include swimming pools and a jacuzzi, a fully equipped gym, a sauna and health club, landscaped gardens, BBQ areas, a jogging track, a kids' play area, retail and dining, smart-home/AI-powered systems, covered parking and 24/7 security. The building sits minutes from Downtown Dubai, DIFC and the Business Bay metro station, off Sheikh Zayed Road and Al Khail Road.

Sale Type and Terms

This is a ready, vacant apartment offered on the secondary market, vacant on transfer. Service charge and other terms were not supplied in the brief. The sale proceeds by signed Sale and Purchase Agreement (SPA) and standard Dubai Land Department transfer, with vacant possession to the buyer.

Location and Connectivity

Business Bay is a central mixed-use district along the Dubai Water Canal, adjacent to Downtown Dubai and Sheikh Zayed Road. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: one-bedroom apartment, 720 sq ft, canal view, jacuzzi, vacant, AED 1,500,000 asking price.
• Deal classification: Below Market, kept on the agent's assessment; no comparable supplied, so no savings percentage is stated.
• Calculated by DPF: an indicative AED 2,083 per sq ft from the asking price and stated size.
• Feature check: the jacuzzi is agent-stated; confirm whether private in-unit or the shared amenity.
• Researched project facts: developer (Binghatti Developers), Binghatti Canal 1-bedroom sizes, amenities and June 2023 completion were taken from Binghatti/market sources.
• The agent's "Below Market | Vacant | Canal View | With Jacuzzi" statement is preserved as an attributed agent marketing claim.