Studio · 445 sqftCanal Crown 1, Business Bay · 12th floor · due 2027

1209, Canal Crown 1

Sold prices and rental history: sold 3 times, last 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.

Unit 1209 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 1.1M15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Canal Crown 1

What is 1209 worth today?

Last sold for AED 1,100,000 in 2025

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15 Jul 2025SoldOff-plan
AED 1,100,000AED 2,470 per sqft
28 Apr 2025SoldOff-plan
AED 930,000AED 2,088 per sqft
13 Sep 2023Sold by developerOff-plan
AED 1,358,000AED 3,049 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2025.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
12th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 1.1M · July 2025

About 1209, Canal Crown 1

1209 is a studio of 445 sqft on the 12th floor of Canal Crown 1, a 37-storey tower in Business Bay due for completion in 2027 by Galaxy Sky Real Estate Development. It last sold on 15 July 2025 for AED 1,100,000, or AED 2,470 per sqft, 20% below the AED 3,106 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical studio in Canal Crown 1
1M1.2M1.4M2023202420252026Typical sale price by year: 2023 AED 1,323,500; 2024 AED 1,365,120; 2025 AED 1,026,345Sold by developer, September 2023: AED 1,358,000 (AED 3,049 per sqft)Sold, April 2025: AED 930,000 (AED 2,088 per sqft)Sold, July 2025: AED 1,100,000 (AED 2,470 per sqft)

1209 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 1, and where 1209 sits

All 85 studios →

1209 last sold in July 2025 at AED 2,470 per sqft, 20% below what studios in Canal Crown 1 were fetching at the time (AED 3,106). Over the last 12 months studios sold for AED 1,304,000, around AED 2,969 per sqft.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 20261,304,000
29 Jul 20251,072,690
10 Jul 20251,290,000
10 Apr 2025980,000
1 studio sale in the last 12 months

Canal Crown 1

Building

312 apartments, studios to 3-bed over 37 floors in Business Bay, due for completion in 2027 by Galaxy Sky Real Estate Development. 3 sold in the last 12 months.

Typical price per sqft
AED 2,969
Typical sale
AED 2.07M
Typical rent
Few contracts
Typical yield
Canal Crown 1, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 312 units in Canal Crown 1
Value
12011-bedAED 2.08M · Mar 2024
12021-bedAED 2.15M · Feb 2024
1203StudioAED 1.36M · Sep 2023
1204StudioAED 1.36M · Sep 2023
12052-bedAED 3.81M · Jun 2025
12061-bedAED 2.08M · May 2025
12071-bedAED 2.2M · Sep 2023
1–7 of 9

1209, Canal Crown 1 in numbers

  • Sold 3 times: first on 13 September 2023 for AED 1,358,000, last on 15 July 2025 for AED 1,100,000 (AED 2,470 per sqft).
  • Studios in Canal Crown 1 sold for AED 1,304,000–1,304,000 in the 12 months to November 2026; the building's median across all types is AED 2,969 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2025.

Questions about 1209, Canal Crown 1

What did unit 1209 last sell for?

AED 1,100,000 on 15 July 2025: AED 2,470 per sqft for 445 sqft. The unit has 3 registered sales; the first was AED 1,358,000 in September 2023.

How big is unit 1209?

445 sqft (41.3 sqm): a studio on the 12th floor of a 37-storey tower due for completion in 2027.

What is unit 1209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Crown 1 sold for AED 1,304,000 to 1,304,000 in the last 12 months, around AED 2,969 per sqft.

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Mortgage on 1209, Canal Crown 1

Starts from the last sale price (AED 1.1M, 15 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →