2-bed · 1,207 sqftCanal Crown 1, Business Bay · 17th floor · due 2027

1704, Canal Crown 1

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.42M1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Canal Crown 1

What is 1704 worth today?

Last sold for AED 1,419,000 in 2023

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1 Nov 2023Sold by developerOff-plan
AED 1,419,000AED 1,175 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
17th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 1.42M · November 2023

About 1704, Canal Crown 1

1704 is a two-bedroom apartment of 1,207 sqft on the 17th 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 1 November 2023 for AED 1,419,000, or AED 1,175 per sqft, 59% below the AED 2,837 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Canal Crown 1
2M4M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, November 2023: AED 1,419,000 (AED 1,175 per sqft)

1704 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 1704 sits

All 55 2-beds →

1704 last sold in November 2023 at AED 1,175 per sqft, 59% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,837).

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 17th floor

All 312 units in Canal Crown 1
Value
17011-bedAED 2.17M · Jan 2024
17021-bedAED 2.29M · Feb 2024
1703StudioAED 1.41M · Sep 2023
17052-bedAED 3.97M · Sep 2024
17061-bedAED 2.11M · Feb 2024
17071-bedAED 2.29M · Apr 2024
1708StudioAED 899K · Feb 2025
1–7 of 9

1704, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 1 November 2023 for AED 1,419,000, or AED 1,175 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Questions about 1704, Canal Crown 1

What did unit 1704 last sell for?

AED 1,419,000 on 1 November 2023, sold by the developer: AED 1,175 per sqft for 1,207 sqft. It is the only registered sale of the unit.

How big is unit 1704?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 17th floor of a 37-storey tower due for completion in 2027.

What is unit 1704 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 1704, Canal Crown 1

Starts from the last sale price (AED 1.42M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,419,000
Deposit, UAE resident (20%)
AED 283,800
Deposit, non-resident (40%)
AED 567,600
Monthly over 25 years at 3.7%
AED 5,806

Plus AED 64,608 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →