1,326 sqftCanal Bay, Business Bay · 4th floor

406, 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 no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 October 2025

Last soldAED 2.23M1 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 406, Canal Bay

Today

What is 406 worth today?

Last sold for AED 2,225,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2025

1 Oct 2025Sold by developerReady

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

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.

Key facts

Type: Apartment
Size: 1,326 sqft
Floor: 4th of 18
Parking: P3-406
Last sold: AED 2.23M · October 2025
Building: Canal Bay

About 406, Canal Bay

406 is an apartment of 1,326 sqft on the 4th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 1 October 2025 for AED 2,225,000, or AED 1,677 per sqft.

No rental contract for the unit is registered on Ejari.

Canal Bay

Building

87 apartments, 2-bed to 3-bed over 18 floors in Business Bay. 7 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 4th floor

All 87 units in Canal Bay


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
403	2-bed	1,228 sqft	AED 2.62MAED 2,620,000 · Jul 2025July 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, Canal Bay in numbers

Sold once: by the developer on 1 October 2025 for AED 2,225,000, or AED 1,677 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.

Questions about 406, Canal Bay

What did unit 406 last sell for?

AED 2,225,000 on 1 October 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 406?

1,326 sqft (123.2 sqm): an apartment on the 4th floor of a 18-storey tower.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Canal Bay

Starts from the last sale price (AED 2.23M, 1 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 →