1408, Canal Crown 1
Sold prices and rental history: sold once, by the developer in October 2023, 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 1408, Canal Crown 1
What is 1408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Floor
- 14th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.38M · October 2023
- Building
- Canal Crown 1
About 1408, Canal Crown 1
1408 is a studio of 450 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 5 October 2023 for AED 1,381,000, or AED 3,068 per sqft, in line with the AED 3,008 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Crown 1, and where 1408 sits
All 85 studios →1408 last sold in October 2023 at AED 3,068 per sqft, in line with what studios in Canal Crown 1 were fetching at the time (AED 3,008). Over the last 12 months studios sold for AED 1,304,000, around AED 2,969 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 439 sqft | 1,304,000 | 2,969 | ||
| 29 Jul 202529 July 2025 | 442 sqft | 1,072,690 | 2,429 | ||
| 15 Jul 202515 July 2025 | 445 sqft | 1,100,000 | 2,470 | ||
| 10 Jul 202510 July 2025 | 460 sqft | 1,290,000 | 2,804 |
Canal Crown 1
Building312 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
Other units on the 14th floor
All 312 units in Canal Crown 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 805 sqft | AED 2.11MAED 2,105,000 · Jan 2024January 2024 | ||
| 1402 | 1-bed | 855 sqft | AED 2.24MAED 2,237,000 · Feb 2024February 2024 | ||
| 1403 | Studio | 450 sqft | AED 1.38MAED 1,381,000 · Sep 2023September 2023 | ||
| 1404 | Studio | 449 sqft | AED 1.38MAED 1,376,000 · Sep 2023September 2023 | ||
| 1405 | 2-bed | 1,378 sqft | AED 3.72MAED 3,724,800 · Jan 2025January 2025 | ||
| 1406 | 1-bed | 803 sqft | AED 2MAED 1,995,950 · Jan 2024January 2024 | ||
| 1407 | 1-bed | 855 sqft | AED 2.24MAED 2,237,000 · Jan 2024January 2024 | ||
| 1409 | Studio | 448 sqft | AED 1.38MAED 1,376,000 · Sep 2023September 2023 | ||
| 1410 | 2-bed | 1,314 sqft | AED 3.7MAED 3,700,000 · Mar 2024March 2024 |
1408, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 5 October 2023 for AED 1,381,000, or AED 3,068 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 5 October 2023.
Questions about 1408, Canal Crown 1
What did unit 1408 last sell for?
AED 1,381,000 on 5 October 2023, sold by the developer: AED 3,068 per sqft for 450 sqft. It is the only registered sale of the unit.
How big is unit 1408?
450 sqft (41.8 sqm): a studio on the 14th floor of a 37-storey tower due for completion in 2027.
What is unit 1408 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 1408, Canal Crown 1
Starts from the last sale price (AED 1.38M, 5 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,381,000
- Deposit, UAE resident (20%)
- AED 276,200
- Deposit, non-resident (40%)
- AED 552,400
- Monthly over 25 years at 3.7%
- AED 5,650
Plus AED 63,012 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →