1205, Canal Bay
Sold prices and rental history: sold once, by the developer in August 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Canal Bay
What is 1205 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,327 sqft
- Floor
- 12th of 18
- Parking
- P2-1205
- Last sold
- AED 2.36M · August 2024
- Building
- Canal Bay
About 1205, Canal Bay
1205 is a two-bedroom apartment of 1,327 sqft on the 12th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 26 August 2024 for AED 2,360,000, or AED 1,778 per sqft.
One Ejari contract is registered, from 27 October 2025. The current contract, signed on 27 October 2025, is AED 150,000 a year: a gross yield of 6.4% on the 2024 price.
Sales and rents for 1205 over time
1205 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Bay, and where 1205 sits
All 33 2-beds →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. 1205's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 1,100 sqft | 2,350,000 | 2,137 | ||
| 29 Jul 202529 July 2025 | 1,229 sqft | 2,720,000 | 2,213 | ||
| 28 Jul 202528 July 2025 | 1,327 sqft | 2,300,000 | 1,732 | ||
| 24 Jul 202524 July 2025 | 1,228 sqft | 2,660,000 | 2,165 |
Canal Bay
Building87 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%
Other units on the 12th floor
All 87 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1,264 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | |||
| 1202 | 3-bed | 1,449 sqft | AED 3.15MAED 3,150,000 · Nov 2024November 2024 | ||
| 1203 | 2-bed | 1,228 sqft | AED 2.68MAED 2,680,000 · Nov 2024November 2024 | 150,000 /yr | |
| 1204 | 1,112 sqft | AED 2.46MAED 2,460,000 · Sep 2025September 2025 | |||
| 1206 | 2-bed | 1,326 sqft | AED 2.29MAED 2,290,000 · Feb 2025February 2025 | ||
| 1207 | 2-bed | 1,100 sqft | AED 2.31MAED 2,310,000 · Jun 2025June 2025 |
1205, Canal Bay in numbers
- Sold once: by the developer on 26 August 2024 for AED 2,360,000, or AED 1,778 per sqft.
- Rented since October 2025 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2024 price is 6.4%.
- 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 27 October 2025.
Questions about 1205, Canal Bay
What did unit 1205 last sell for?
AED 2,360,000 on 26 August 2024, sold by the developer: AED 1,778 per sqft for 1,327 sqft. It is the only registered sale of the unit.
What is the rent for unit 1205?
AED 150,000 a year on the contract signed on 27 October 2025.
How big is unit 1205?
1,327 sqft (123.3 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower.
What is unit 1205 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.
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Mortgage on 1205, Canal Bay
Starts from the last sale price (AED 2.36M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,360,000
- Deposit, UAE resident (20%)
- AED 472,000
- Deposit, non-resident (40%)
- AED 944,000
- Monthly over 25 years at 3.7%
- AED 9,655
Plus AED 104,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →