2-bed · 1,377 sqftCanal Bay, Business Bay · 17th floor

1705, Canal Bay

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

Unit 1705 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 2.4M28 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Canal Bay

What is 1705 worth today?

Last sold for AED 2,400,000 in 2025

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28 May 2025Sold by developerReady
AED 2,400,000AED 1,743 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 May 2025.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
17th of 18
Parking
P1-1705
Last sold
AED 2.4M · May 2025
Building
Canal Bay

About 1705, Canal Bay

1705 is a two-bedroom apartment of 1,377 sqft on the 17th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 28 May 2025 for AED 2,400,000, or AED 1,743 per sqft, 14% below the AED 2,033 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical two-bed in Canal Bay
2.4M2.5M2.6M202420252026Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,550,000Sold by developer, May 2025: AED 2,400,000 (AED 1,743 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Bay, and where 1705 sits

All 33 2-beds →

1705 last sold in May 2025 at AED 1,743 per sqft, 14% below what two-beds in Canal Bay were fetching at the time (AED 2,033). 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 17th floor

All 87 units in Canal Bay
Value
17012-bedAED 2.63M · Mar 2025
17023-bedAED 3.15M · Mar 2025
1703AED 2.72M · Sep 2025
1704AED 2.5M · Aug 2025
1706AED 2.33M · Aug 2025
17072-bedAED 2.35M · Jul 2025

1705, Canal Bay in numbers

  • Sold once: by the developer on 28 May 2025 for AED 2,400,000, or AED 1,743 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 28 May 2025.

Questions about 1705, Canal Bay

What did unit 1705 last sell for?

AED 2,400,000 on 28 May 2025, sold by the developer: AED 1,743 per sqft for 1,377 sqft. It is the only registered sale of the unit.

How big is unit 1705?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 17th floor of a 18-storey tower.

What is unit 1705 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 1705, Canal Bay

Starts from the last sale price (AED 2.4M, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →