1,112 sqftCanal Bay, Business Bay · 6th floor

604, 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 February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 14 February 2026

Last soldAED 2.42M9 October 2025

Current rentAED 125K /yr14 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 604, Canal Bay

Today

What is 604 worth today?

Last sold for AED 2,420,000 in 2025

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14 Feb 2026

14 Feb 2026RentedNew contract

AED 125,000/yr12 months · AED 113 per sqft

9 Oct 2025

9 Oct 2025Sold by developerReady

AED 2,420,000AED 2,176 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2026.

Key facts

Type: Apartment
Size: 1,112 sqft
Floor: 6th of 18
Parking: P3-604
Last sold: AED 2.42M · October 2025
Building: Canal Bay

About 604, Canal Bay

604 is an apartment of 1,112 sqft on the 6th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 9 October 2025 for AED 2,420,000, or AED 2,176 per sqft.

One Ejari contract is registered, from 14 February 2026. The current contract, signed on 14 February 2026, is AED 125,000 a year: a gross yield of 5.2% on the 2025 price.

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 6th floor

All 87 units in Canal Bay


601	2-bed	1,264 sqft	AED 2.57MAED 2,570,000 · Jul 2025July 2025
602	3-bed	1,449 sqft	AED 3.09MAED 3,090,000 · Feb 2025February 2025
605		1,327 sqft	AED 2.32MAED 2,320,000 · Aug 2025August 2025
606		1,326 sqft	AED 2.25MAED 2,250,000 · Sep 2025September 2025
607		1,100 sqft	AED 2.27MAED 2,270,000 · Nov 2025November 2025

604, Canal Bay in numbers

Sold once: by the developer on 9 October 2025 for AED 2,420,000, or AED 2,176 per sqft.
Rented since February 2026 on one Ejari contract, at AED 125,000 a year.
At AED 125,000 a year the gross yield on the 2025 price is 5.2%.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2026.

Questions about 604, Canal Bay

What did unit 604 last sell for?

AED 2,420,000 on 9 October 2025, sold by the developer: AED 2,176 per sqft for 1,112 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 125,000 a year on the contract signed on 14 February 2026.

How big is unit 604?

1,112 sqft (103.3 sqm): an apartment on the 6th floor of a 18-storey tower.

What is unit 604 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 604, Canal Bay

Starts from the last sale price (AED 2.42M, 9 October 2025). Switch to today's estimate once you have unlocked it.

Price: AED 2,420,000
Deposit, UAE resident (20%): AED 484,000
Deposit, non-resident (40%): AED 968,000
Monthly over 25 years at 3.7%: AED 9,901

Plus AED 106,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →