Studio · 457 sqftCanal Crown 1, Business Bay · 17th floor · due 2027

1708, Canal Crown 1

Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 899K17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Canal Crown 1

What is 1708 worth today?

Last sold for AED 898,704 in 2025

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17 Feb 2025SoldOff-plan
AED 898,704AED 1,964 per sqft
25 Oct 2023Sold by developerOff-plan
AED 1,406,000AED 3,096 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2025.

Key facts

Type
Studio apartment
Size
457 sqft
Floor
17th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 899K · February 2025

About 1708, Canal Crown 1

1708 is a studio of 457 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. It last sold on 17 February 2025 for AED 898,704, or AED 1,964 per sqft, 39% below the AED 3,210 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical studio in Canal Crown 1
1M1.25M2023202420252026Typical sale price by year: 2023 AED 1,323,500; 2024 AED 1,365,120; 2025 AED 1,026,345Sold by developer, October 2023: AED 1,406,000 (AED 3,096 per sqft)Sold, February 2025: AED 898,704 (AED 1,964 per sqft)

1708 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 1, and where 1708 sits

All 85 studios →

1708 last sold in February 2025 at AED 1,964 per sqft, 39% below what studios in Canal Crown 1 were fetching at the time (AED 3,210). 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
15 Jul 20251,100,000
10 Jul 20251,290,000
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 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
17042-bedAED 1.42M · Nov 2023
17052-bedAED 3.97M · Sep 2024
17061-bedAED 2.11M · Feb 2024
17071-bedAED 2.29M · Apr 2024
1–7 of 9

1708, Canal Crown 1 in numbers

  • Sold twice: first on 25 October 2023 for AED 1,406,000, last on 17 February 2025 for AED 898,704 (AED 1,964 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 17 February 2025.

Questions about 1708, Canal Crown 1

What did unit 1708 last sell for?

AED 898,704 on 17 February 2025: AED 1,964 per sqft for 457 sqft. The unit has 2 registered sales; the first was AED 1,406,000 in October 2023.

How big is unit 1708?

457 sqft (42.5 sqm): a studio on the 17th floor of a 37-storey tower due for completion in 2027.

What is unit 1708 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 1708, Canal Crown 1

Starts from the last sale price (AED 899K, 17 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 898,704
Deposit, UAE resident (20%)
AED 179,741
Deposit, non-resident (40%)
AED 359,482
Monthly over 25 years at 3.7%
AED 3,677

Plus AED 42,755 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →