505, 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.
Property timeline for 505, Canal Crown 2
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 432 sqft
- Floor
- 5th of 36
- Parking
- 1
- Developer
- One Quantem Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.28M · March 2024
- Building
- Canal Crown 2
About 505, Canal Crown 2
505 is a studio of 432 sqft on the 5th 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 1,281,000, or AED 2,967 per sqft, in line with 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 505 sits
All 112 studios →505 last sold in March 2024 at AED 2,967 per sqft, in line with 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 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 5th floor
All 341 units in Canal Crown 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,336 sqft | AED 3.36MAED 3,360,000 · Jul 2025July 2025 | ||
| 502 | Studio | 424 sqft | AED 1.19MAED 1,193,000 · Mar 2024March 2024 | ||
| 503 | Studio | 465 sqft | AED 1.31MAED 1,308,000 · Apr 2024April 2024 | ||
| 504 | 1-bed | 827 sqft | AED 2.12MAED 2,115,840 · Apr 2024April 2024 | ||
| 506 | Studio | 430 sqft | AED 1.28MAED 1,275,000 · Apr 2024April 2024 | ||
| 507 | 2-bed | 1,257 sqft | AED 3.41MAED 3,412,000 · May 2024May 2024 | ||
| 508 | 1,457 sqft | AED 3.48MAED 3,481,750 · Sep 2025September 2025 | |||
| 509 | 1-bed | 776 sqft | AED 1.95MAED 1,951,000 · Apr 2024April 2024 | ||
| 510 | 1-bed | 823 sqft | AED 2.2MAED 2,195,000 · Mar 2024March 2024 | ||
| 511 | Studio | 433 sqft | AED 1.29MAED 1,286,000 · Mar 2024March 2024 | ||
| 512 | Studio | 430 sqft | AED 1.28MAED 1,275,000 · Apr 2024April 2024 | ||
| 513 | Studio | 370 sqft | AED 1.04MAED 1,040,000 · Oct 2024October 2024 | ||
| 514 | 1-bed | 858 sqft | AED 2.37MAED 2,366,000 · Oct 2024October 2024 |
505, Canal Crown 2 in numbers
- Sold once: by One Quantem Real Estate Development on 12 March 2024 for AED 1,281,000, or AED 2,967 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 505, Canal Crown 2
What did unit 505 last sell for?
AED 1,281,000 on 12 March 2024, sold by the developer: AED 2,967 per sqft for 432 sqft. It is the only registered sale of the unit.
How big is unit 505?
432 sqft (40.1 sqm): a studio on the 5th floor of a 36-storey tower due for completion in 2027.
What is unit 505 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 505, Canal Crown 2
Starts from the last sale price (AED 1.28M, 12 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,281,000
- Deposit, UAE resident (20%)
- AED 256,200
- Deposit, non-resident (40%)
- AED 512,400
- Monthly over 25 years at 3.7%
- AED 5,241
Plus AED 58,812 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →