2-bed · 4,970 sqftCanal Bay, Business Bay · 1st floor

103, Canal Bay

Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 2.8M8 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Canal Bay

What is 103 worth today?

Last sold for AED 2,800,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jan 2025Sold by developerReady
AED 2,800,000AED 563 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 January 2025.

Key facts

Type
2-bed apartment
Size
4,970 sqft
Floor
1st of 18
Parking
P3-103
Last sold
AED 2.8M · January 2025
Building
Canal Bay

About 103, Canal Bay

103 is a two-bedroom apartment of 4,970 sqft on the 1st floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 8 January 2025 for AED 2,800,000, or AED 563 per sqft, 72% below the AED 2,017 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Canal Bay
2.6M2.8M202420252026Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,550,000Sold by developer, January 2025: AED 2,800,000 (AED 563 per sqft)

103 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Bay, and where 103 sits

All 33 2-beds →

103 last sold in January 2025 at AED 563 per sqft, 72% below what two-beds in Canal Bay were fetching at the time (AED 2,017). Over the last 12 months two-beds sold for AED 2,200,000 to 2,400,000, around AED 2,082 per sqft, and rent for AED 125,000 to 159,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20252,350,000
29 Jul 20252,720,000
28 Jul 20252,300,000
24 Jul 20252,660,000
6 2-bed sales in the last 12 months

Canal Bay

Building

87 apartments, 2-bed to 3-bed over 18 floors in Business Bay. 6 sold in the last 12 months.

Typical price per sqft
AED 2,082
Typical sale
AED 2.29M
Typical rent
AED 135K /yr
Typical yield
5.3%
Canal Bay, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 87 units in Canal Bay
Value
1023-bedAED 3.2M · Apr 2025
1042-bedAED 2.5M · May 2025
1052-bedAED 2.4M · Mar 2025
106AED 2.23M · Nov 2025

103, Canal Bay in numbers

  • Sold once: by the developer on 8 January 2025 for AED 2,800,000, or AED 563 per sqft.
  • Two-beds in Canal Bay sold for AED 2,200,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,082 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 January 2025.

Questions about 103, Canal Bay

What did unit 103 last sell for?

AED 2,800,000 on 8 January 2025, sold by the developer: AED 563 per sqft for 4,970 sqft. It is the only registered sale of the unit.

How big is unit 103?

4,970 sqft (461.7 sqm): a two-bedroom apartment on the 1st floor of a 18-storey tower.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Bay sold for AED 2,200,000 to 2,400,000 in the last 12 months, around AED 2,082 per sqft.

Selling 103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 103, Canal Bay

Starts from the last sale price (AED 2.8M, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →