2-bed · 1,493 sqftCanal Crown 1, Business Bay · 34th floor · due 2027

3408, Canal Crown 1

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 4.6M21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Canal Crown 1

What is 3408 worth today?

Last sold for AED 4,604,490 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jun 2024Sold by developerOff-plan
AED 4,604,490AED 3,084 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 June 2024.

Key facts

Type
2-bed apartment
Size
1,493 sqft
Floor
34th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 4.6M · June 2024

About 3408, Canal Crown 1

3408 is a two-bedroom apartment of 1,493 sqft on the 34th 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 21 June 2024 for AED 4,604,490, or AED 3,084 per sqft, 10% above the AED 2,795 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3408 over time

Sales
Unit 3408, each saleTypical two-bed in Canal Crown 1
3.5M4M4.5M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, June 2024: AED 4,604,490 (AED 3,084 per sqft)

3408 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 3408 sits

All 55 2-beds →

3408 last sold in June 2024 at AED 3,084 per sqft, 10% above what two-beds in Canal Crown 1 were fetching at the time (AED 2,795).

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 34th floor

All 312 units in Canal Crown 1
Value
34011-bedAED 2.35M · Jun 2025
34021-bedAED 2.64M · Jan 2024
34031-bedAED 2.55M · Dec 2023
34042-bedAED 4.3M · Sep 2023
3405AED 2.32M · Sep 2025
34061-bedAED 2.64M · Dec 2025
34071-bedAED 2.49M · Feb 2024

3408, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 21 June 2024 for AED 4,604,490, or AED 3,084 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 June 2024.

Questions about 3408, Canal Crown 1

What did unit 3408 last sell for?

AED 4,604,490 on 21 June 2024, sold by the developer: AED 3,084 per sqft for 1,493 sqft. It is the only registered sale of the unit.

How big is unit 3408?

1,493 sqft (138.7 sqm): a two-bedroom apartment on the 34th floor of a 37-storey tower due for completion in 2027.

What is unit 3408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 3408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3408, Canal Crown 1

Starts from the last sale price (AED 4.6M, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,604,490
Deposit, UAE resident (20%)
AED 920,898
Deposit, non-resident (40%)
AED 1,841,796
Monthly over 25 years at 3.7%
AED 18,838

Plus AED 198,399 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →