Studio · 424 sqftCanal Crown 2, Business Bay · 4th floor · due 2027

402, 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 402 · DLD and Ejari recordsUpdated 27 March 2024
Last soldAED 1.19M27 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Canal Crown 2

What is 402 worth today?

Last sold for AED 1,189,000 in 2024

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27 Mar 2024Sold by developerOff-plan
AED 1,189,000AED 2,805 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 March 2024.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
4th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completion due
2027
Last sold
AED 1.19M · March 2024

About 402, Canal Crown 2

402 is a studio of 424 sqft on the 4th 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 27 March 2024 for AED 1,189,000, or AED 2,805 per sqft, 6% below the AED 2,976 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 402 sits

All 112 studios →

402 last sold in March 2024 at AED 2,805 per sqft, 6% below what studios in Canal Crown 2 were fetching at the time (AED 2,976). 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 4th floor

All 341 units in Canal Crown 2
Value
4012-bedAED 3.35M · May 2025
403StudioAED 1.3M · Apr 2024
4041-bedAED 2.2M · May 2024
405StudioAED 1.28M · Apr 2024
406StudioAED 1.27M · Jun 2024
407StudioAED 1.01M · Oct 2024
4091-bedAED 1.94M · Apr 2024
1–7 of 13

402, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 27 March 2024 for AED 1,189,000, or AED 2,805 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 27 March 2024.

Questions about 402, Canal Crown 2

What did unit 402 last sell for?

AED 1,189,000 on 27 March 2024, sold by the developer: AED 2,805 per sqft for 424 sqft. It is the only registered sale of the unit.

How big is unit 402?

424 sqft (39.4 sqm): a studio on the 4th floor of a 36-storey tower due for completion in 2027.

What is unit 402 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 402, Canal Crown 2

Starts from the last sale price (AED 1.19M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,189,000
Deposit, UAE resident (20%)
AED 237,800
Deposit, non-resident (40%)
AED 475,600
Monthly over 25 years at 3.7%
AED 4,865

Plus AED 54,948 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →