2-bed · 1,318 sqftCanal Crown 1, Business Bay · 7th floor · due 2027

705, Canal Crown 1

Sold prices and rental history: sold once, by the developer in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 3.61M12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Canal Crown 1

What is 705 worth today?

Last sold for AED 3,605,000 in 2025

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12 May 2025Sold by developerOff-plan
AED 3,605,000AED 2,735 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2025.

Key facts

Type
2-bed apartment
Size
1,318 sqft
Floor
7th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completion due
2027
Last sold
AED 3.61M · May 2025

About 705, Canal Crown 1

705 is a two-bedroom apartment of 1,318 sqft on the 7th 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 May 2025 for AED 3,605,000, or AED 2,735 per sqft, 5% below the AED 2,873 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Canal Crown 1
3.6M3.8M2023202420252026Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,855,545Sold by developer, May 2025: AED 3,605,000 (AED 2,735 per sqft)

705 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 705 sits

All 55 2-beds →

705 last sold in May 2025 at AED 2,735 per sqft, 5% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,873).

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 7th floor

All 312 units in Canal Crown 1
Value
7011-bedAED 2.01M · Sep 2023
7021-bedAED 2.1M · Sep 2023
703StudioAED 1.3M · Sep 2023
704StudioAED 1.29M · Sep 2023
7061-bedAED 2.01M · Sep 2023
7071-bedAED 2.09M · Jan 2024
708StudioAED 1.3M · Feb 2026
1–7 of 9

705, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 12 May 2025 for AED 3,605,000, or AED 2,735 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2025.

Questions about 705, Canal Crown 1

What did unit 705 last sell for?

AED 3,605,000 on 12 May 2025, sold by the developer: AED 2,735 per sqft for 1,318 sqft. It is the only registered sale of the unit.

How big is unit 705?

1,318 sqft (122.4 sqm): a two-bedroom apartment on the 7th floor of a 37-storey tower due for completion in 2027.

What is unit 705 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 705, Canal Crown 1

Starts from the last sale price (AED 3.61M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,605,000
Deposit, UAE resident (20%)
AED 721,000
Deposit, non-resident (40%)
AED 1,442,000
Monthly over 25 years at 3.7%
AED 14,749

Plus AED 156,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →