1,228 sqftCanal Bay, Business Bay · 15th floor

1503, Canal Bay

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

Unit 1503 · DLD and Ejari recordsUpdated 12 August 2025
Last soldAED 2.7M12 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Canal Bay

What is 1503 worth today?

Last sold for AED 2,700,000 in 2025

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12 Aug 2025Sold by developerReady
AED 2,700,000AED 2,198 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2025.

Key facts

Type
Apartment
Size
1,228 sqft
Floor
15th of 18
Parking
P2-1503
Last sold
AED 2.7M · August 2025
Building
Canal Bay

About 1503, Canal Bay

1503 is an apartment of 1,228 sqft on the 15th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 12 August 2025 for AED 2,700,000, or AED 2,198 per sqft.

No rental contract for the unit is registered on Ejari.

Canal Bay

Building

87 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%
Canal Bay, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 87 units in Canal Bay
Value
15012-bedAED 2.63M · Jun 2025
15023-bedAED 3.15M · Apr 2025
1504AED 2.48M · Sep 2025
15052-bedAED 2.38M · Jun 2025
1506AED 2.31M · Sep 2025

1503, Canal Bay in numbers

  • Sold once: by the developer on 12 August 2025 for AED 2,700,000, or AED 2,198 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2025.

Questions about 1503, Canal Bay

What did unit 1503 last sell for?

AED 2,700,000 on 12 August 2025, sold by the developer: AED 2,198 per sqft for 1,228 sqft. It is the only registered sale of the unit.

How big is unit 1503?

1,228 sqft (114.1 sqm): an apartment on the 15th floor of a 18-storey tower.

What is unit 1503 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 1503, Canal Bay

Starts from the last sale price (AED 2.7M, 12 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →