Studio · 433 sqftCanal Crown 2, Business Bay · 24th floor · due 2027

2408, Canal Crown 2

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

Unit 2408 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 1.38M8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Canal Crown 2

What is 2408 worth today?

Last sold for AED 1,380,000 in 2024

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8 Oct 2024Sold by developerOff-plan
AED 1,380,000AED 3,186 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2024.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
24th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completion due
2027
Last sold
AED 1.38M · October 2024

About 2408, Canal Crown 2

2408 is a studio of 433 sqft on the 24th 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 8 October 2024 for AED 1,380,000, or AED 3,186 per sqft, 6% above the AED 2,995 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 2408 sits

All 112 studios →

2408 last sold in October 2024 at AED 3,186 per sqft, 6% above what studios in Canal Crown 2 were fetching at the time (AED 2,995). 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 24th floor

All 341 units in Canal Crown 2
Value
24011-bedAED 2.3M · Feb 2025
24021-bedAED 2.62M · Mar 2024
24031-bedAED 2.5M · Mar 2024
2404StudioAED 1.39M · Oct 2024
24051-bedAED 2.33M · Mar 2024
24061-bedAED 2.62M · May 2024
24071-bedAED 2.5M · Mar 2024
1–7 of 9

2408, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 8 October 2024 for AED 1,380,000, or AED 3,186 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 8 October 2024.

Questions about 2408, Canal Crown 2

What did unit 2408 last sell for?

AED 1,380,000 on 8 October 2024, sold by the developer: AED 3,186 per sqft for 433 sqft. It is the only registered sale of the unit.

How big is unit 2408?

433 sqft (40.2 sqm): a studio on the 24th floor of a 36-storey tower due for completion in 2027.

What is unit 2408 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 2408, Canal Crown 2

Starts from the last sale price (AED 1.38M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

Plus AED 62,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →