403, 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.
Property timeline for 403, Canal Bay
What is 403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,228 sqft
- Floor
- 4th of 18
- Parking
- P3-403
- Last sold
- AED 2.62M · July 2025
- Building
- Canal Bay
About 403, Canal Bay
403 is a two-bedroom apartment of 1,228 sqft on the 4th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 11 July 2025 for AED 2,620,000, or AED 2,133 per sqft, 6% above 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 403 over time
403 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Bay, and where 403 sits
All 33 2-beds →403 last sold in July 2025 at AED 2,133 per sqft, 6% above 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 1,100 sqft | 2,350,000 | 2,137 | ||
| 29 Jul 202529 July 2025 | 1,229 sqft | 2,720,000 | 2,213 | ||
| 28 Jul 202528 July 2025 | 1,327 sqft | 2,300,000 | 1,732 | ||
| 24 Jul 202524 July 2025 | 1,228 sqft | 2,660,000 | 2,165 |
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 4th floor
All 87 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,264 sqft | AED 2.55MAED 2,550,000 · Jun 2025June 2025 | ||
| 402 | 3-bed | 1,449 sqft | AED 3.07MAED 3,070,000 · Apr 2025April 2025 | ||
| 404 | 1,112 sqft | AED 2.4MAED 2,400,000 · Aug 2025August 2025 | |||
| 405 | 2-bed | 1,327 sqft | AED 2.3MAED 2,300,000 · Jul 2025July 2025 | ||
| 406 | 1,326 sqft | AED 2.23MAED 2,225,000 · Oct 2025October 2025 |
403, Canal Bay in numbers
- Sold once: by the developer on 11 July 2025 for AED 2,620,000, or AED 2,133 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 11 July 2025.
Questions about 403, Canal Bay
What did unit 403 last sell for?
AED 2,620,000 on 11 July 2025, sold by the developer: AED 2,133 per sqft for 1,228 sqft. It is the only registered sale of the unit.
How big is unit 403?
1,228 sqft (114.1 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower.
What is unit 403 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 403, Canal Bay
Starts from the last sale price (AED 2.62M, 11 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,620,000
- Deposit, UAE resident (20%)
- AED 524,000
- Deposit, non-resident (40%)
- AED 1,048,000
- Monthly over 25 years at 3.7%
- AED 10,719
Plus AED 115,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →