501, Canal Crown 1
Sold prices and rental history: sold once, by the developer in June 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Canal Crown 1
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,285 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completion due
- 2027
- Last sold
- AED 2.47M · June 2025
- Building
- Canal Crown 1
About 501, Canal Crown 1
501 is a one-bedroom apartment of 1,285 sqft on the 5th 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 17 June 2025 for AED 2,470,500, or AED 1,923 per sqft, 30% below the AED 2,755 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 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 501 sits
All 158 1-beds →501 last sold in June 2025 at AED 1,923 per sqft, 30% below what one-beds in Canal Crown 1 were fetching at the time (AED 2,755). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 823 sqft | 2,068,780 | 2,513 | ||
| 16 Dec 202516 December 2025 | 875 sqft | 2,640,000 | 3,017 | ||
| 28 Jul 202528 July 2025 | 1,284 sqft | 2,609,650 | 2,032 | ||
| 11 Jul 202511 July 2025 | 817 sqft | 2,399,760 | 2,936 |
Canal Crown 1
Building312 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
Other units on the 5th floor
All 312 units in Canal Crown 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 815 sqft | AED 1.95MAED 1,946,550 · Feb 2024February 2024 | ||
| 503 | Studio | 434 sqft | AED 1.29MAED 1,287,000 · Sep 2023September 2023 | ||
| 504 | Studio | 431 sqft | AED 1.28MAED 1,278,000 · Sep 2023September 2023 | ||
| 505 | 2-bed | 1,314 sqft | AED 3.57MAED 3,568,000 · Jul 2025July 2025 | ||
| 506 | 1-bed | 1,284 sqft | AED 2.61MAED 2,609,650 · Jul 2025July 2025 | ||
| 507 | 1-bed | 813 sqft | AED 2.05MAED 2,045,000 · Mar 2024March 2024 | ||
| 508 | Studio | 435 sqft | AED 1.29MAED 1,290,000 · Sep 2023September 2023 | ||
| 509 | Studio | 432 sqft | AED 1.28MAED 1,284,000 · Sep 2023September 2023 | ||
| 510 | 2-bed | 1,313 sqft | AED 3.42MAED 3,422,400 · Oct 2024October 2024 |
501, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 17 June 2025 for AED 2,470,500, or AED 1,923 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 17 June 2025.
Questions about 501, Canal Crown 1
What did unit 501 last sell for?
AED 2,470,500 on 17 June 2025, sold by the developer: AED 1,923 per sqft for 1,285 sqft. It is the only registered sale of the unit.
How big is unit 501?
1,285 sqft (119.4 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower due for completion in 2027.
What is unit 501 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 501, Canal Crown 1
Starts from the last sale price (AED 2.47M, 17 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,470,500
- Deposit, UAE resident (20%)
- AED 494,100
- Deposit, non-resident (40%)
- AED 988,200
- Monthly over 25 years at 3.7%
- AED 10,108
Plus AED 108,771 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →