505, Canal Crown 1
Sold prices and rental history: sold once, by the developer in July 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 505, Canal Crown 1
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completion due
- 2027
- Last sold
- AED 3.57M · July 2025
- Building
- Canal Crown 1
About 505, Canal Crown 1
505 is a two-bedroom apartment of 1,314 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 23 July 2025 for AED 3,568,000, or AED 2,715 per sqft, 3% below the AED 2,810 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 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 505 sits
All 55 2-beds →505 last sold in July 2025 at AED 2,715 per sqft, 3% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,810).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202528 July 2025 | 1,438 sqft | 4,119,200 | 2,864 | ||
| 28 Jul 202528 July 2025 | 1,449 sqft | 4,137,250 | 2,855 | ||
| 12 Jun 202512 June 2025 | 1,301 sqft | 3,519,000 | 2,705 | ||
| 11 Jun 202511 June 2025 | 1,515 sqft | 4,110,300 | 2,713 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,285 sqft | AED 2.47MAED 2,470,500 · Jun 2025June 2025 | ||
| 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 | ||
| 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 |
505, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 23 July 2025 for AED 3,568,000, or AED 2,715 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.
Questions about 505, Canal Crown 1
What did unit 505 last sell for?
AED 3,568,000 on 23 July 2025, sold by the developer: AED 2,715 per sqft for 1,314 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 5th floor of a 37-storey tower due for completion in 2027.
What is unit 505 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 505, Canal Crown 1
Starts from the last sale price (AED 3.57M, 23 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,568,000
- Deposit, UAE resident (20%)
- AED 713,600
- Deposit, non-resident (40%)
- AED 1,427,200
- Monthly over 25 years at 3.7%
- AED 14,598
Plus AED 154,866 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →