1-bed · 852 sqftCanal Crown 1, Business Bay · 24th floor · due 2027

2403, 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 2403 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 2.48M27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Canal Crown 1

What is 2403 worth today?

Last sold for AED 2,480,000 in 2024

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27 Sep 2024Sold by developerOff-plan
AED 2,480,000AED 2,910 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2024.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
24th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 2.48M · September 2024

About 2403, Canal Crown 1

2403 is a one-bedroom apartment of 852 sqft on the 24th 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 27 September 2024 for AED 2,480,000, or AED 2,910 per sqft, 10% above the AED 2,655 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in Canal Crown 1
2.3M2.4M2.5M2023202420252026Typical sale price by year: 2023 AED 2,317,700; 2024 AED 2,265,000; 2025 AED 2,470,500Sold by developer, September 2024: AED 2,480,000 (AED 2,910 per sqft)

2403 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Canal Crown 1, and where 2403 sits

All 158 1-beds →

2403 last sold in September 2024 at AED 2,910 per sqft, 10% above what one-beds in Canal Crown 1 were fetching at the time (AED 2,655). Over the last 12 months one-beds sold for AED 2,068,780 to 2,640,000, around AED 2,765 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20262,068,780
16 Dec 20252,640,000
28 Jul 20252,609,650
11 Jul 20252,399,760
2 1-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 24th floor

All 312 units in Canal Crown 1
Value
24011-bedAED 2.25M · Sep 2024
24021-bedAED 2.56M · Oct 2024
2404StudioAED 1.41M · Sep 2024
24051-bedAED 2.27M · Jul 2024
24061-bedAED 2.38M · Feb 2025
24071-bedAED 2.48M · Sep 2023
2408StudioAED 1.41M · Nov 2024
1–7 of 9

2403, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 27 September 2024 for AED 2,480,000, or AED 2,910 per sqft.
  • One-beds in Canal Crown 1 sold for AED 2,068,780–2,640,000 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 27 September 2024.

Questions about 2403, Canal Crown 1

What did unit 2403 last sell for?

AED 2,480,000 on 27 September 2024, sold by the developer: AED 2,910 per sqft for 852 sqft. It is the only registered sale of the unit.

How big is unit 2403?

852 sqft (79.2 sqm): a one-bedroom apartment on the 24th floor of a 37-storey tower due for completion in 2027.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Crown 1 sold for AED 2,068,780 to 2,640,000 in the last 12 months, around AED 2,765 per sqft.

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Mortgage on 2403, Canal Crown 1

Starts from the last sale price (AED 2.48M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,480,000
Deposit, UAE resident (20%)
AED 496,000
Deposit, non-resident (40%)
AED 992,000
Monthly over 25 years at 3.7%
AED 10,146

Plus AED 109,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →