1502, Canal Bay
Sold prices and rental history: sold once, by the developer in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Canal Bay
What is 1502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,449 sqft
- Floor
- 15th of 18
- Parking
- P2-1502-A,P2-1502-B
- Last sold
- AED 3.15M · April 2025
- Building
- Canal Bay
About 1502, Canal Bay
1502 is a three-bedroom apartment of 1,449 sqft on the 15th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 21 April 2025 for AED 3,150,000, or AED 2,173 per sqft, in line with the AED 2,160 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Canal Bay, and where 1502 sits
All 14 3-beds →1502 last sold in April 2025 at AED 2,173 per sqft, in line with what three-beds in Canal Bay were fetching at the time (AED 2,160).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20253 July 2025 | 1,449 sqft | 3,170,000 | 2,187 | ||
| 12 Jun 202512 June 2025 | 1,449 sqft | 3,160,000 | 2,180 | ||
| 30 Apr 202530 April 2025 | 1,449 sqft | 3,070,000 | 2,118 | ||
| 11 Apr 202511 April 2025 | 3,169 sqft | 3,200,000 | 1,009 |
Canal Bay
Building87 apartments, 2-bed to 3-bed over 18 floors in Business Bay. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,064
- Typical sale
- AED 2.31M
- Typical rent
- AED 135K /yr
- Typical yield
- 5.3%
Other units on the 15th floor
All 87 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,264 sqft | AED 2.63MAED 2,630,000 · Jun 2025June 2025 | ||
| 1503 | 1,228 sqft | AED 2.7MAED 2,700,000 · Aug 2025August 2025 | |||
| 1504 | 1,112 sqft | AED 2.48MAED 2,480,000 · Sep 2025September 2025 | |||
| 1505 | 2-bed | 1,327 sqft | AED 2.38MAED 2,380,000 · Jun 2025June 2025 | ||
| 1506 | 1,326 sqft | AED 2.31MAED 2,310,000 · Sep 2025September 2025 |
1502, Canal Bay in numbers
- Sold once: by the developer on 21 April 2025 for AED 3,150,000, or AED 2,173 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 April 2025.
Questions about 1502, Canal Bay
What did unit 1502 last sell for?
AED 3,150,000 on 21 April 2025, sold by the developer: AED 2,173 per sqft for 1,449 sqft. It is the only registered sale of the unit.
How big is unit 1502?
1,449 sqft (134.6 sqm): a three-bedroom apartment on the 15th floor of a 18-storey tower.
What is unit 1502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1502, Canal Bay
Starts from the last sale price (AED 3.15M, 21 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →