2-bed · 1,487 sqftCanal Crown 1, Business Bay · 20th floor · due 2027

2004, 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 2004 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 4.29M26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Canal Crown 1

What is 2004 worth today?

Last sold for AED 4,287,000 in 2024

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26 Sep 2024Sold by developerOff-plan
AED 4,287,000AED 2,883 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2024.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
20th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 4.29M · September 2024

About 2004, Canal Crown 1

2004 is a two-bedroom apartment of 1,487 sqft on the 20th 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 26 September 2024 for AED 4,287,000, or AED 2,883 per sqft, in line with the AED 2,805 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical two-bed in Canal Crown 1
4M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, September 2024: AED 4,287,000 (AED 2,883 per sqft)

2004 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 2004 sits

All 55 2-beds →

2004 last sold in September 2024 at AED 2,883 per sqft, in line with what two-beds in Canal Crown 1 were fetching at the time (AED 2,805).

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 20th floor

All 312 units in Canal Crown 1
Value
20011-bedAED 2.21M · Sep 2023
20021-bedAED 2.37M · Sep 2023
20031-bedAED 2.39M · Sep 2023
20051-bedAED 2.21M · Sep 2023
20061-bedAED 2.44M · Nov 2023
20071-bedAED 2.39M · Sep 2023
20082-bedAED 4.11M · Sep 2023

2004, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 26 September 2024 for AED 4,287,000, or AED 2,883 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2024.

Questions about 2004, Canal Crown 1

What did unit 2004 last sell for?

AED 4,287,000 on 26 September 2024, sold by the developer: AED 2,883 per sqft for 1,487 sqft. It is the only registered sale of the unit.

How big is unit 2004?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 20th floor of a 37-storey tower due for completion in 2027.

What is unit 2004 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 2004, Canal Crown 1

Starts from the last sale price (AED 4.29M, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,287,000
Deposit, UAE resident (20%)
AED 857,400
Deposit, non-resident (40%)
AED 1,714,800
Monthly over 25 years at 3.7%
AED 17,539

Plus AED 185,064 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →