Studio · 454 sqftCanal Crown 2, Business Bay · 15th floor · due 2027

1509, 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 1509 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 1.4M12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Canal Crown 2

What is 1509 worth today?

Last sold for AED 1,396,000 in 2024

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12 Mar 2024Sold by developerOff-plan
AED 1,396,000AED 3,076 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2024.

Key facts

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

About 1509, Canal Crown 2

1509 is a studio of 454 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 12 March 2024 for AED 1,396,000, or AED 3,076 per sqft, 3% above the AED 2,985 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 1509 sits

All 112 studios →

1509 last sold in March 2024 at AED 3,076 per sqft, 3% above what studios in Canal Crown 2 were fetching at the time (AED 2,985). 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
1503StudioAED 1.4M · 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
1–7 of 9

1509, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 12 March 2024 for AED 1,396,000, or AED 3,076 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 12 March 2024.

Questions about 1509, Canal Crown 2

What did unit 1509 last sell for?

AED 1,396,000 on 12 March 2024, sold by the developer: AED 3,076 per sqft for 454 sqft. It is the only registered sale of the unit.

How big is unit 1509?

454 sqft (42.2 sqm): a studio on the 15th floor of a 36-storey tower due for completion in 2027.

What is unit 1509 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 1509, Canal Crown 2

Starts from the last sale price (AED 1.4M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,396,000
Deposit, UAE resident (20%)
AED 279,200
Deposit, non-resident (40%)
AED 558,400
Monthly over 25 years at 3.7%
AED 5,711

Plus AED 63,642 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →