Studio · 456 sqftCanal Crown 2, Business Bay · 15th floor · due 2027

1503, Canal Crown 2

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

Unit 1503 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 1.4M7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Canal Crown 2

What is 1503 worth today?

Last sold for AED 1,404,000 in 2024

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7 Mar 2024Sold by developerOff-plan
AED 1,404,000AED 3,077 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
15th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completion due
2027
Last sold
AED 1.4M · March 2024

About 1503, Canal Crown 2

1503 is a studio of 456 sqft on the 15th floor of Canal Crown 2, a 36-storey tower in Business Bay due for completion in 2027 by One Quantem Real Estate Development. The developer sold it on 7 March 2024 for AED 1,404,000, or AED 3,077 per sqft, in line with the AED 3,025 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Studios in Canal Crown 2, and where 1503 sits

All 112 studios →

1503 last sold in March 2024 at AED 3,077 per sqft, in line with what studios in Canal Crown 2 were fetching at the time (AED 3,025). Over the last 12 months studios sold for AED 1,409,000, around AED 3,062 per sqft.

Recent studio salesUnit no.Price (AED)Summary
10 Jul 20251,381,000
24 Apr 20251,331,000
5 Dec 20241,276,000
28 Oct 20241,003,000
1 studio sale in the last 12 months

Canal Crown 2

Building

341 apartments, studios to 3-bed over 36 floors in Business Bay, due for completion in 2027 by One Quantem Real Estate Development. 6 sold in the last 12 months.

Typical price per sqft
AED 2,964
Typical sale
AED 2.52M
Typical rent
Few contracts
Typical yield
Canal Crown 2, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 341 units in Canal Crown 2
Value
15011-bedAED 2.2M · Mar 2024
15021-bedAED 2.38M · Mar 2024
1504StudioAED 1.4M · Mar 2024
15052-bedAED 3.92M · Mar 2024
15061-bedAED 2.2M · May 2024
15071-bedAED 2.38M · Mar 2024
1508StudioAED 1.4M · Apr 2024
1–7 of 9

1503, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 7 March 2024 for AED 1,404,000, or AED 3,077 per sqft.
  • Studios in Canal Crown 2 sold for AED 1,409,000–1,409,000 in the 12 months to November 2026; the building's median across all types is AED 2,964 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.

Questions about 1503, Canal Crown 2

What did unit 1503 last sell for?

AED 1,404,000 on 7 March 2024, sold by the developer: AED 3,077 per sqft for 456 sqft. It is the only registered sale of the unit.

How big is unit 1503?

456 sqft (42.4 sqm): a studio on the 15th floor of a 36-storey tower due for completion in 2027.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Crown 2 sold for AED 1,409,000 to 1,409,000 in the last 12 months, around AED 3,062 per sqft.

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Mortgage on 1503, Canal Crown 2

Starts from the last sale price (AED 1.4M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,404,000
Deposit, UAE resident (20%)
AED 280,800
Deposit, non-resident (40%)
AED 561,600
Monthly over 25 years at 3.7%
AED 5,744

Plus AED 63,978 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →