1-bed · 776 sqftKOA Canvas, Living Legends · 4th floor · completed 2019

401, KOA Canvas

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.1M19 January 2024
Current rentAED 107K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, KOA Canvas

What is 401 worth today?

Last sold for AED 1,100,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Nov 2024RentedRenewal
AED 107,000/yr12 months · AED 138 per sqft
19 Jan 2024SoldReady
AED 1,100,000AED 1,417 per sqft
20 Nov 2023RentedNew contract
AED 99,723/yr12 months · AED 129 per sqft
22 Aug 2023SoldReady
AED 1,200,000AED 1,546 per sqft
31 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
15 May 2021RentedNew contract
AED 72,000/yr12 months · AED 93 per sqft
11 Jul 2019Sold by developerReady
AED 1,045,000AED 1,346 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
1-bed apartment
Size
776 sqft
Floor
4th of 6
Parking
G-14
Developer
KOA
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 1.1M · January 2024
Building
KOA Canvas

About 401, KOA Canvas

401 is a one-bedroom apartment of 776 sqft on the 4th floor of KOA Canvas, a 6-storey tower in Living Legends completed in 2019 by KOA. It last sold on 19 January 2024 for AED 1,100,000, or AED 1,417 per sqft, 8% below the AED 1,546 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 107,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 401 over time

Rents
Unit 401, each contractTypical one-bed in KOA Canvas
100K150K2019202120232025Typical rent by year: 2019 AED 80,500; 2020 AED 70,000; 2021 AED 73,500; 2022 AED 100,000; 2023 AED 99,862; 2024 AED 115,000; 2025 AED 150,000New contract, May 2021: AED 72,000 a yearNew contract, August 2022: AED 75,000 a yearNew contract, November 2023: AED 99,723 a yearRenewal, November 2024: AED 107,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in KOA Canvas, and where 401 sits

All 9 1-beds →

401 last sold in January 2024 at AED 1,417 per sqft, 8% below what one-beds in KOA Canvas were fetching at the time (AED 1,546).

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20251,350,000
7 Oct 20241,635,000
9 Mar 20231,250,000
18 Apr 2022950,000
0 1-bed sales in the last 12 months

KOA Canvas

Building

46 apartments, studios to 3-bed over 6 floors in Living Legends, completed in 2019 by KOA. 3 sold in the last 12 months.

Typical price per sqft
AED 1,891
Typical sale
AED 3.05M
Typical rent
AED 123K /yr
Typical yield
6.3%
KOA Canvas, Living Legends: prices, sales and rents →

Other units on the 4th floor

All 46 units in KOA Canvas
Value
4022-bedAED 2.2M · Dec 2021
4031-bedNo registered sale
404StudioNo registered sale
4052-bedAED 2.63M · Mar 2024
4062-bedAED 2.28M · Jun 2023

401, KOA Canvas in numbers

  • Sold 3 times: first on 11 July 2019 for AED 1,045,000, last on 19 January 2024 for AED 1,100,000 (AED 1,417 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 72,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 11,600 a year (AED 15.01 per sqft).

Source: Dubai Land Department. Updated 21 November 2024.

Questions about 401, KOA Canvas

What did unit 401 last sell for?

AED 1,100,000 on 19 January 2024: AED 1,417 per sqft for 776 sqft. The unit has 3 registered sales; the first was AED 1,045,000 in July 2019.

What is the rent for unit 401?

AED 107,000 a year on the contract renewed on 21 November 2024. The previous contract, from November 2023, was AED 99,723; the unit has been rented since May 2021.

How big is unit 401?

776 sqft (72.1 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 401 worth today?

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

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, KOA Canvas

Starts from the last sale price (AED 1.1M, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →