1,326 sqftCanal Bay, Business Bay · 17th floor

1706, Canal Bay

Sold prices and rental history: sold once, by the developer in August 2025, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 22 October 2025
Last soldAED 2.33M12 August 2025
Current rentAED 140K /yr22 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Canal Bay

What is 1706 worth today?

Last sold for AED 2,330,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Oct 2025RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
12 Aug 2025Sold by developerReady
AED 2,330,000AED 1,756 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2025.

Key facts

Type
Apartment
Size
1,326 sqft
Floor
17th of 18
Parking
P1-1706
Last sold
AED 2.33M · August 2025
Building
Canal Bay

About 1706, Canal Bay

1706 is an apartment of 1,326 sqft on the 17th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 12 August 2025 for AED 2,330,000, or AED 1,756 per sqft.

One Ejari contract is registered, from 22 October 2025. The current contract, signed on 22 October 2025, is AED 140,000 a year: a gross yield of 6.0% on the 2025 price.

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 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
17052-bedAED 2.4M · May 2025
17072-bedAED 2.35M · Jul 2025

1706, Canal Bay in numbers

  • Sold once: by the developer on 12 August 2025 for AED 2,330,000, or AED 1,756 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 6.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2025.

Questions about 1706, Canal Bay

What did unit 1706 last sell for?

AED 2,330,000 on 12 August 2025, sold by the developer: AED 1,756 per sqft for 1,326 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 140,000 a year on the contract signed on 22 October 2025.

How big is unit 1706?

1,326 sqft (123.2 sqm): an apartment on the 17th floor of a 18-storey tower.

What is unit 1706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1706, Canal Bay

Starts from the last sale price (AED 2.33M, 12 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,330,000
Deposit, UAE resident (20%)
AED 466,000
Deposit, non-resident (40%)
AED 932,000
Monthly over 25 years at 3.7%
AED 9,533

Plus AED 102,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →