1,326 sqftCanal Bay, Business Bay · 3rd floor

306, Canal Bay

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

Unit 306 · DLD and Ejari recordsUpdated 17 November 2025

Last soldAED 2.23M22 October 2025

Current rentAED 140K /yr17 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 306, Canal Bay

Today

What is 306 worth today?

Last sold for AED 2,225,000 in 2025

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17 Nov 2025

17 Nov 2025RentedNew contract

AED 140,000/yr12 months · AED 106 per sqft

22 Oct 2025

22 Oct 2025Sold by developerReady

AED 2,225,000AED 1,677 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 November 2025.

Key facts

Type: Apartment
Size: 1,326 sqft
Floor: 3rd of 18
Parking: P1-1909
Last sold: AED 2.23M · October 2025
Building: Canal Bay

About 306, Canal Bay

306 is an apartment of 1,326 sqft on the 3rd floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 22 October 2025 for AED 2,225,000, or AED 1,677 per sqft.

One Ejari contract is registered, from 17 November 2025. The current contract, signed on 17 November 2025, is AED 140,000 a year: a gross yield of 6.3% on the 2025 price.

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 3rd floor

All 87 units in Canal Bay


301	2-bed	1,264 sqft	AED 2.55MAED 2,550,000 · Dec 2024December 2024
302	3-bed	1,449 sqft	AED 3.06MAED 3,060,000 · Mar 2025March 2025
303	2-bed	1,228 sqft	AED 2.62MAED 2,620,000 · Jul 2025July 2025
304		1,112 sqft	AED 2.4MAED 2,400,000 · Sep 2025September 2025	130,000 /yr
305		1,327 sqft	AED 2.3MAED 2,300,000 · Aug 2025August 2025

306, Canal Bay in numbers

Sold once: by the developer on 22 October 2025 for AED 2,225,000, or AED 1,677 per sqft.
Rented since November 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 6.3%.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 November 2025.

Questions about 306, Canal Bay

What did unit 306 last sell for?

AED 2,225,000 on 22 October 2025, sold by the developer: AED 1,677 per sqft for 1,326 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 140,000 a year on the contract signed on 17 November 2025.

How big is unit 306?

1,326 sqft (123.2 sqm): an apartment on the 3rd floor of a 18-storey tower.

What is unit 306 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 306, Canal Bay

Starts from the last sale price (AED 2.23M, 22 October 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 →