2-bed · 1,326 sqftCanal Bay, Business Bay · 2nd floor

206, Canal Bay

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

Unit 206 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 2.23M10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Canal Bay

What is 206 worth today?

Last sold for AED 2,225,000 in 2025

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10 Jul 2025Sold by developerReady
AED 2,225,000AED 1,677 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
2nd of 18
Parking
P3-206
Last sold
AED 2.23M · July 2025
Building
Canal Bay

About 206, Canal Bay

206 is a two-bedroom apartment of 1,326 sqft on the 2nd floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 10 July 2025 for AED 2,225,000, or AED 1,677 per sqft, 17% below the AED 2,017 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Canal Bay
2.2M2.4M2.6M202420252026Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,550,000Sold by developer, July 2025: AED 2,225,000 (AED 1,677 per sqft)

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

2-beds in Canal Bay, and where 206 sits

All 33 2-beds →

206 last sold in July 2025 at AED 1,677 per sqft, 17% below what two-beds in Canal Bay were fetching at the time (AED 2,017). 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 2nd floor

All 87 units in Canal Bay
Value
201AED 2.55M · Sep 2025
2023-bedAED 3.05M · Apr 2025
203AED 2.62M · Aug 2025
204AED 2.4M · Nov 2025
205AED 2.3M · Sep 2025

206, Canal Bay in numbers

  • Sold once: by the developer on 10 July 2025 for AED 2,225,000, or AED 1,677 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 10 July 2025.

Questions about 206, Canal Bay

What did unit 206 last sell for?

AED 2,225,000 on 10 July 2025, sold by the developer: AED 1,677 per sqft for 1,326 sqft. It is the only registered sale of the unit.

How big is unit 206?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 2nd floor of a 18-storey tower.

What is unit 206 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 206, Canal Bay

Starts from the last sale price (AED 2.23M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

Plus AED 98,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →