2-bed · 1,384 sqftCanal Crown 1, Business Bay · 16th floor · due 2027

1605, Canal Crown 1

Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 3.95M17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Canal Crown 1

What is 1605 worth today?

Last sold for AED 3,949,000 in 2024

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17 Sep 2024Sold by developerOff-plan
AED 3,949,000AED 2,853 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2024.

Key facts

Type
2-bed apartment
Size
1,384 sqft
Floor
16th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 3.95M · September 2024

About 1605, Canal Crown 1

1605 is a two-bedroom apartment of 1,384 sqft on the 16th 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 17 September 2024 for AED 3,949,000, or AED 2,853 per sqft, in line with the AED 2,774 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Canal Crown 1
3.8M4M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, September 2024: AED 3,949,000 (AED 2,853 per sqft)

1605 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 1605 sits

All 55 2-beds →

1605 last sold in September 2024 at AED 2,853 per sqft, in line with what two-beds in Canal Crown 1 were fetching at the time (AED 2,774).

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 16th floor

All 312 units in Canal Crown 1
Value
16011-bedAED 2.11M · Feb 2024
16021-bedAED 2.28M · Mar 2024
1603StudioAED 1.4M · Sep 2023
1604StudioAED 1.4M · Sep 2023
16061-bedAED 2.15M · Jan 2024
16071-bedAED 2.28M · Sep 2023
1608StudioAED 1.4M · Sep 2023
1–7 of 9

1605, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 17 September 2024 for AED 3,949,000, or AED 2,853 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2024.

Questions about 1605, Canal Crown 1

What did unit 1605 last sell for?

AED 3,949,000 on 17 September 2024, sold by the developer: AED 2,853 per sqft for 1,384 sqft. It is the only registered sale of the unit.

How big is unit 1605?

1,384 sqft (128.6 sqm): a two-bedroom apartment on the 16th floor of a 37-storey tower due for completion in 2027.

What is unit 1605 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 1605, Canal Crown 1

Starts from the last sale price (AED 3.95M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,949,000
Deposit, UAE resident (20%)
AED 789,800
Deposit, non-resident (40%)
AED 1,579,600
Monthly over 25 years at 3.7%
AED 16,157

Plus AED 170,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →