2-bed · 1,378 sqftCanal Crown 1, Business Bay · 14th floor · due 2027

1405, Canal Crown 1

Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 3.72M9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Canal Crown 1

What is 1405 worth today?

Last sold for AED 3,724,800 in 2025

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9 Jan 2025Sold by developerOff-plan
AED 3,724,800AED 2,702 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2025.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
14th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 3.72M · January 2025

About 1405, Canal Crown 1

1405 is a two-bedroom apartment of 1,378 sqft on the 14th floor of Canal Crown 1, a 37-storey tower in Business Bay due for completion in 2027 by Galaxy Sky Real Estate Development. The developer sold it on 9 January 2025 for AED 3,724,800, or AED 2,702 per sqft, 5% below the AED 2,855 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in Canal Crown 1
3.7M3.8M3.9M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, January 2025: AED 3,724,800 (AED 2,702 per sqft)

1405 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Crown 1, and where 1405 sits

All 55 2-beds →

1405 last sold in January 2025 at AED 2,702 per sqft, 5% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,855).

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20254,119,200
28 Jul 20254,137,250
23 Jul 20253,568,000
12 Jun 20253,519,000
0 2-bed sales 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 14th floor

All 312 units in Canal Crown 1
Value
14011-bedAED 2.11M · Jan 2024
14021-bedAED 2.24M · Feb 2024
1403StudioAED 1.38M · Sep 2023
1404StudioAED 1.38M · Sep 2023
14061-bedAED 2M · Jan 2024
14071-bedAED 2.24M · Jan 2024
1408StudioAED 1.38M · Oct 2023
1–7 of 9

1405, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 9 January 2025 for AED 3,724,800, or AED 2,702 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2025.

Questions about 1405, Canal Crown 1

What did unit 1405 last sell for?

AED 3,724,800 on 9 January 2025, sold by the developer: AED 2,702 per sqft for 1,378 sqft. It is the only registered sale of the unit.

How big is unit 1405?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 14th floor of a 37-storey tower due for completion in 2027.

What is unit 1405 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 1405, Canal Crown 1

Starts from the last sale price (AED 3.72M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,724,800
Deposit, UAE resident (20%)
AED 744,960
Deposit, non-resident (40%)
AED 1,489,920
Monthly over 25 years at 3.7%
AED 15,239

Plus AED 161,452 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →