2-bed · 1,191 sqftCanal Crown 1, Business Bay · 6th floor · due 2027

607, Canal Crown 1

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 2.05M12 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Canal Crown 1

What is 607 worth today?

Last sold for AED 2,047,320 in 2023

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12 Dec 2023Sold by developerOff-plan
AED 2,047,320AED 1,718 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2023.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
6th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 2.05M · December 2023

About 607, Canal Crown 1

607 is a two-bedroom apartment of 1,191 sqft on the 6th 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 12 December 2023 for AED 2,047,320, or AED 1,718 per sqft, 38% below the AED 2,781 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical two-bed in Canal Crown 1
2M3M4M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, December 2023: AED 2,047,320 (AED 1,718 per sqft)

607 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 607 sits

All 55 2-beds →

607 last sold in December 2023 at AED 1,718 per sqft, 38% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,781).

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 6th floor

All 312 units in Canal Crown 1
Value
6011-bedAED 1.99M · Oct 2023
6021-bedAED 2.07M · Nov 2023
603StudioAED 1.29M · Sep 2023
604StudioAED 1.29M · Sep 2023
6052-bedAED 3.59M · Mar 2024
6061-bedAED 1.99M · Sep 2023
608StudioAED 1.29M · Sep 2023
1–7 of 9

607, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 12 December 2023 for AED 2,047,320, or AED 1,718 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2023.

Questions about 607, Canal Crown 1

What did unit 607 last sell for?

AED 2,047,320 on 12 December 2023, sold by the developer: AED 1,718 per sqft for 1,191 sqft. It is the only registered sale of the unit.

How big is unit 607?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 6th floor of a 37-storey tower due for completion in 2027.

What is unit 607 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 607, Canal Crown 1

Starts from the last sale price (AED 2.05M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,047,320
Deposit, UAE resident (20%)
AED 409,464
Deposit, non-resident (40%)
AED 818,928
Monthly over 25 years at 3.7%
AED 8,376

Plus AED 90,998 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →