1,200 sqftLuxury Canal Residences, Dubai Islands · 5th floor

508, Luxury Canal Residences

Sold prices and rental history: sold once, by the developer in October 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 2.73M15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Luxury Canal Residences

What is 508 worth today?

Last sold for AED 2,726,500 in 2025

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15 Oct 2025Sold by developerOff-plan
AED 2,726,500AED 2,271 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.

Key facts

Type
Apartment
Size
1,200 sqft
Floor
5th of 9
Parking
1
Last sold
AED 2.73M · October 2025

About 508, Luxury Canal Residences

508 is an apartment of 1,200 sqft on the 5th floor of Luxury Canal Residences, a 9-storey tower in Dubai Islands. The developer sold it on 15 October 2025 for AED 2,726,500, or AED 2,271 per sqft.

No rental contract for the unit is registered on Ejari.

Luxury Canal Residences

Building

51 apartments, 1-bed to 2-bed over 9 floors in Dubai Islands. 1 sold in the last 12 months.

Typical price per sqft
AED 1,939
Typical sale
AED 2.33M
Typical rent
Few contracts
Typical yield
Luxury Canal Residences, Dubai Islands: prices, sales and rents →

Other units on the 5th floor

All 51 units in Luxury Canal Residences
Value
501AED 2.75M · Aug 2025
502AED 1.8M · Oct 2025
503AED 1.68M · Aug 2025
504AED 2.41M · Sep 2025
505AED 2.33M · Nov 2025
507AED 1.75M · Aug 2025

508, Luxury Canal Residences in numbers

  • Sold once: by the developer on 15 October 2025 for AED 2,726,500, or AED 2,271 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.

Questions about 508, Luxury Canal Residences

What did unit 508 last sell for?

AED 2,726,500 on 15 October 2025, sold by the developer: AED 2,271 per sqft for 1,200 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,200 sqft (111.5 sqm): an apartment on the 5th floor of a 9-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 508, Luxury Canal Residences

Starts from the last sale price (AED 2.73M, 15 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,726,500
Deposit, UAE resident (20%)
AED 545,300
Deposit, non-resident (40%)
AED 1,090,600
Monthly over 25 years at 3.7%
AED 11,155

Plus AED 119,523 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →