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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Business Bay

Binghatti Canal, Business Bay

Binghatti Canal is a 26-storey residential tower in Business Bay, built directly on the Dubai Water Canal by Binghatti Developers. The building holds close to 300 freehold studio, one- and two-bedroom apartments, completed in mid-2023, and Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.

Storeys

26 (21 residential + podium + basement)

Developer

Binghatti Developers

Completed

June 2023

Unit types

Studios, 1BR and 2BR apartments

Location

Business Bay, on the Dubai Water Canal

Close-up of a curved teal-blue glass tower facade with a diamond lattice pattern against a clear sky

About the Building

Binghatti Canal stands directly on the Dubai Water Canal in Business Bay, one of the more recent completions from Binghatti Developers, known across Dubai for its distinctive facade designs. Construction ran from January 2022 to June 2023, delivering a 26-storey tower of close to 300 freehold apartments across studio, one- and two-bedroom layouts, on 21 residential floors above a 3-level podium and basement.


Location & Nearby Landmarks

Binghatti Canal's waterfront position puts it directly on the Dubai Water Canal in Business Bay, within easy reach of Downtown Dubai, DIFC and the wider Business Bay commercial and residential district.

Business Bay is home to several other buildings Royale Stays manages directly, including Millennium Binghatti Residence, from the same developer, Falcon Tower and Amna Tower, each with its own layout and rental profile.


Unit Types

The building's apartments span three layouts: studios from around 493 sq ft, one-bedroom units from around 703 sq ft, and two-bedroom units from around 1,378 sq ft, giving owners a straightforward range to furnish and list, from compact studios to family-sized two-bedroom units.


Amenities

Binghatti Canal offers landscaped gardens, BBQ areas, a jogging track, a kids' play area and dining spaces, a standard amenity set for a mid-rise Business Bay residential tower.


Transportation & Access

Binghatti Canal's Business Bay location on the Dubai Water Canal gives residents easy access to Downtown Dubai, DIFC and Sheikh Zayed Road, putting the wider Business Bay commercial district within easy reach.


Reliable, current resale and rental pricing specific to Binghatti Canal was not independently verified during this research pass beyond the developer's own launch-price figures. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.


Airbnb / Short-Term Rental Income Potential

Business Bay is an established, actively-booked short-term rental submarket in Dubai, and Binghatti Canal already has a visible booking presence, a live short-term listing for a studio unit in the building currently appears on a major booking platform. Binghatti Developers is not a hotel brand that prohibits holiday-home letting, unlike Vida, the only confirmed exception under Royale Stays' permit policy, so there is no confirmed barrier to STR use here. Royale Stays' Airbnb management services cover furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, all handled from a management fee starting at 15%.

Owners considering a Binghatti Canal apartment for short-term letting can get a free property assessment by submitting their property directly. Because Binghatti Canal is a standard freehold residential building, holiday-home permitting follows the normal Dubai Department of Economy and Tourism route: see Royale Stays' holiday home permit guide for the full process.

Income context reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

Binghatti Canal stands in Business Bay, directly on the Dubai Water Canal, within easy reach of Downtown Dubai and DIFC.
No. Both are separate Business Bay towers developed by Binghatti Developers, but they are distinct buildings with their own addresses, unit inventories and completion dates. Binghatti Canal sits directly on the Dubai Water Canal, while Millennium Binghatti Residence is a separate project elsewhere in Business Bay.
Binghatti Canal holds close to 300 units, spanning studios, one-bedroom and two-bedroom apartments.
Yes, a DTCM holiday-home permit is required, the same as anywhere else in Dubai's freehold market. Binghatti Canal is a standard freehold residential building with no confirmed short-term-letting prohibition, so the usual permit process applies.
Yes. Royale Stays handles furnishing, photography, pricing, check-in, guest communications and maintenance coordination for owners who are not based in Dubai, for a fee starting from 15%.