Studio · 435 sqftCanal Crown 1, Business Bay · 2nd floor · due 2027

212, 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.

Unit 212 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 1.28M24 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Canal Crown 1

What is 212 worth today?

Last sold for AED 1,278,000 in 2023

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24 Oct 2023Sold by developerOff-plan
AED 1,278,000AED 2,935 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2023.

Key facts

Type
Studio apartment
Size
435 sqft
Floor
2nd of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 1.28M · October 2023

About 212, Canal Crown 1

212 is a studio of 435 sqft on the 2nd 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 24 October 2023 for AED 1,278,000, or AED 2,935 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 212 over time

Sales
Unit 212, each saleTypical studio in Canal Crown 1
1M1.2M1.4M2023202420252026Typical sale price by year: 2023 AED 1,323,500; 2024 AED 1,365,120; 2025 AED 1,026,345Sold by developer, October 2023: AED 1,278,000 (AED 2,935 per sqft)

212 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 1, and where 212 sits

All 85 studios →

212 last sold in October 2023 at AED 2,935 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 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 2nd floor

All 312 units in Canal Crown 1
Value
202StudioAED 1.19M · Jan 2024
2031-bedAED 1.29M · Oct 2023
2041-bedAED 2.17M · May 2024
205StudioAED 1.28M · Jan 2024
206StudioAED 1.27M · Jan 2024
209StudioAED 1.19M · Oct 2023
210StudioAED 1.29M · Oct 2023
1–7 of 9

212, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 24 October 2023 for AED 1,278,000, or AED 2,935 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 24 October 2023.

Questions about 212, Canal Crown 1

What did unit 212 last sell for?

AED 1,278,000 on 24 October 2023, sold by the developer: AED 2,935 per sqft for 435 sqft. It is the only registered sale of the unit.

How big is unit 212?

435 sqft (40.4 sqm): a studio on the 2nd floor of a 37-storey tower due for completion in 2027.

What is unit 212 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 212, Canal Crown 1

Starts from the last sale price (AED 1.28M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,278,000
Deposit, UAE resident (20%)
AED 255,600
Deposit, non-resident (40%)
AED 511,200
Monthly over 25 years at 3.7%
AED 5,229

Plus AED 58,686 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →