202, Canal Bay
Sold prices and rental history: sold once, by the developer in April 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Canal Bay
What is 202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,449 sqft
- Floor
- 2nd of 18
- Parking
- P3-202-A,P3-202-B
- Last sold
- AED 3.05M · April 2025
- Building
- Canal Bay
About 202, Canal Bay
202 is a three-bedroom apartment of 1,449 sqft on the 2nd floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 2 April 2025 for AED 3,050,000, or AED 2,104 per sqft, in line with the AED 2,160 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 September 2025. The current contract, signed on 18 September 2025, is AED 180,000 a year: a gross yield of 5.9% on the 2025 price.
3-beds in Canal Bay, and where 202 sits
All 14 3-beds →202 last sold in April 2025 at AED 2,104 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 | ||
| 21 Apr 202521 April 2025 | 1,449 sqft | 3,150,000 | 2,173 |
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 2nd floor
All 87 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1,264 sqft | AED 2.55MAED 2,550,000 · Sep 2025September 2025 | |||
| 203 | 1,228 sqft | AED 2.62MAED 2,620,000 · Aug 2025August 2025 | |||
| 204 | 1,112 sqft | AED 2.4MAED 2,400,000 · Nov 2025November 2025 | |||
| 205 | 1,327 sqft | AED 2.3MAED 2,300,000 · Sep 2025September 2025 | |||
| 206 | 2-bed | 1,326 sqft | AED 2.23MAED 2,225,000 · Jul 2025July 2025 |
202, Canal Bay in numbers
- Sold once: by the developer on 2 April 2025 for AED 3,050,000, or AED 2,104 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2025 price is 5.9%.
Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2025.
Questions about 202, Canal Bay
What did unit 202 last sell for?
AED 3,050,000 on 2 April 2025, sold by the developer: AED 2,104 per sqft for 1,449 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 180,000 a year on the contract signed on 18 September 2025.
How big is unit 202?
1,449 sqft (134.6 sqm): a three-bedroom apartment on the 2nd floor of a 18-storey tower.
What is unit 202 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 202, Canal Bay
Starts from the last sale price (AED 3.05M, 2 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →