1505, Canal Bay
Sold prices and rental history: sold once, by the developer in June 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 1505, Canal Bay
What is 1505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,327 sqft
- Floor
- 15th of 18
- Parking
- P2-1505
- Last sold
- AED 2.38M · June 2025
- Building
- Canal Bay
About 1505, Canal Bay
1505 is a two-bedroom apartment of 1,327 sqft on the 15th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 3 June 2025 for AED 2,380,000, or AED 1,793 per sqft, 6% below the AED 1,913 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1505 over time
1505 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Bay, and where 1505 sits
All 33 2-beds →1505 last sold in June 2025 at AED 1,793 per sqft, 6% below what two-beds in Canal Bay were fetching at the time (AED 1,913). 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 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 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 | ||
| 1502 | 3-bed | 1,449 sqft | AED 3.15MAED 3,150,000 · Apr 2025April 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 | |||
| 1506 | 1,326 sqft | AED 2.31MAED 2,310,000 · Sep 2025September 2025 |
1505, Canal Bay in numbers
- Sold once: by the developer on 3 June 2025 for AED 2,380,000, or AED 1,793 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 3 June 2025.
Questions about 1505, Canal Bay
What did unit 1505 last sell for?
AED 2,380,000 on 3 June 2025, sold by the developer: AED 1,793 per sqft for 1,327 sqft. It is the only registered sale of the unit.
How big is unit 1505?
1,327 sqft (123.3 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower.
What is unit 1505 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 1505, Canal Bay
Starts from the last sale price (AED 2.38M, 3 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,380,000
- Deposit, UAE resident (20%)
- AED 476,000
- Deposit, non-resident (40%)
- AED 952,000
- Monthly over 25 years at 3.7%
- AED 9,737
Plus AED 104,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →