1,112 sqftCanal Bay, Business Bay · 3rd floor

304, Canal Bay

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

Unit 304 · DLD and Ejari recordsUpdated 13 December 2025
Last soldAED 2.4M25 September 2025
Current rentAED 130K /yr13 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Canal Bay

What is 304 worth today?

Last sold for AED 2,400,000 in 2025

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13 Dec 2025RentedNew contract
AED 130,000/yr12 months · AED 117 per sqft
10 Nov 2025RentedNew contract
AED 141,818/yr11 months · AED 128 per sqft
25 Sep 2025Sold by developerReady
AED 2,400,000AED 2,158 per sqft

Source: Dubai Land Department. Updated 13 December 2025.

Key facts

Type
Apartment
Size
1,112 sqft
Floor
3rd of 18
Parking
P3-304
Last sold
AED 2.4M · September 2025
Building
Canal Bay

About 304, Canal Bay

304 is an apartment of 1,112 sqft on the 3rd floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 25 September 2025 for AED 2,400,000, or AED 2,158 per sqft.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 13 December 2025, is AED 130,000 a year: a gross yield of 5.4% on the 2025 price.

Canal Bay

Building

87 apartments, 2-bed to 3-bed over 18 floors in Business Bay. 9 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 3rd floor

All 87 units in Canal Bay
Value
3012-bedAED 2.55M · Dec 2024
3023-bedAED 3.06M · Mar 2025
3032-bedAED 2.62M · Jul 2025
305AED 2.3M · Aug 2025
306AED 2.23M · Oct 2025

304, Canal Bay in numbers

  • Sold once: by the developer on 25 September 2025 for AED 2,400,000, or AED 2,158 per sqft.
  • Rented since November 2025 on 2 Ejari contracts, from AED 141,818 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 5.4%.

Source: Dubai Land Department. Updated 13 December 2025.

Questions about 304, Canal Bay

What did unit 304 last sell for?

AED 2,400,000 on 25 September 2025, sold by the developer: AED 2,158 per sqft for 1,112 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 130,000 a year on the contract signed on 13 December 2025. The previous contract, from November 2025, was AED 141,818.

How big is unit 304?

1,112 sqft (103.3 sqm): an apartment on the 3rd floor of a 18-storey tower.

What is unit 304 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 304, Canal Bay

Starts from the last sale price (AED 2.4M, 25 September 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →