407, 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.
Property timeline for 407, Canal Crown 2
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 358 sqft
- Floor
- 4th of 36
- Parking
- 1
- Developer
- One Quantem Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.01M · October 2024
- Building
- Canal Crown 2
About 407, Canal Crown 2
407 is a studio of 358 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 9 October 2024 for AED 1,006,000, or AED 2,812 per sqft, 6% below 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 407 sits
All 112 studios →407 last sold in October 2024 at AED 2,812 per sqft, 6% below 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 482 sqft | 1,381,000 | 2,865 | ||
| 24 Apr 202524 April 2025 | 443 sqft | 1,331,000 | 3,002 | ||
| 5 Dec 20245 December 2024 | 445 sqft | 1,276,000 | 2,866 | ||
| 28 Oct 202428 October 2024 | 358 sqft | 1,003,000 | 2,804 |
Canal Crown 2
Building341 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
Other units on the 4th floor
All 341 units in Canal Crown 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,335 sqft | AED 3.35MAED 3,346,000 · May 2025May 2025 | ||
| 402 | Studio | 424 sqft | AED 1.19MAED 1,189,000 · Mar 2024March 2024 | ||
| 403 | Studio | 465 sqft | AED 1.3MAED 1,304,000 · Apr 2024April 2024 | ||
| 404 | 1-bed | 826 sqft | AED 2.2MAED 2,195,000 · May 2024May 2024 | ||
| 405 | Studio | 432 sqft | AED 1.28MAED 1,276,000 · Apr 2024April 2024 | ||
| 406 | Studio | 430 sqft | AED 1.27MAED 1,270,000 · Jun 2024June 2024 | ||
| 409 | 1-bed | 776 sqft | AED 1.94MAED 1,943,000 · Apr 2024April 2024 | ||
| 410 | 1-bed | 823 sqft | AED 2.19MAED 2,186,000 · Apr 2024April 2024 | ||
| 411 | Studio | 433 sqft | AED 1.28MAED 1,281,000 · May 2024May 2024 | ||
| 412 | Studio | 430 sqft | AED 1.27MAED 1,270,000 · Apr 2024April 2024 | ||
| 413 | Studio | 370 sqft | AED 1.04MAED 1,037,000 · Oct 2024October 2024 | ||
| 414 | 1-bed | 860 sqft | AED 2.24MAED 2,242,000 · Nov 2024November 2024 | ||
| 407A | 1-bed | 885 sqft | AED 2.42MAED 2,420,000 · Jan 2025January 2025 |
407, Canal Crown 2 in numbers
- Sold once: by One Quantem Real Estate Development on 9 October 2024 for AED 1,006,000, or AED 2,812 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 9 October 2024.
Questions about 407, Canal Crown 2
What did unit 407 last sell for?
AED 1,006,000 on 9 October 2024, sold by the developer: AED 2,812 per sqft for 358 sqft. It is the only registered sale of the unit.
How big is unit 407?
358 sqft (33.3 sqm): a studio on the 4th floor of a 36-storey tower due for completion in 2027.
What is unit 407 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 407, Canal Crown 2
Starts from the last sale price (AED 1.01M, 9 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,006,000
- Deposit, UAE resident (20%)
- AED 201,200
- Deposit, non-resident (40%)
- AED 402,400
- Monthly over 25 years at 3.7%
- AED 4,116
Plus AED 47,262 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →