3-bed · 1,449 sqftCanal Bay, Business Bay · 10th floor

1002, Canal Bay

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 3.13M27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Canal Bay

What is 1002 worth today?

Last sold for AED 3,130,000 in 2024

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27 Dec 2024Sold by developerReady
AED 3,130,000AED 2,160 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
3-bed apartment
Size
1,449 sqft
Floor
10th of 18
Parking
P2-1002-A,P2-1002-B
Last sold
AED 3.13M · December 2024
Building
Canal Bay

About 1002, Canal Bay

1002 is a three-bedroom apartment of 1,449 sqft on the 10th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 27 December 2024 for AED 3,130,000, or AED 2,160 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in Canal Bay, and where 1002 sits

All 16 3-beds →

Over the last 12 months three-beds sold for AED 3,320,000 to 3,500,000, around AED 2,353 per sqft, and rent for AED 190,000 to 195,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jan 20263,500,000
8 Dec 20253,320,000
3 Jul 20253,170,000
12 Jun 20253,160,000
2 3-bed sales in the last 12 months

Canal Bay

Building

118 apartments, 2-bed to 3-bed over 18 floors in Business Bay. 43 sold in the last 12 months.

Typical price per sqft
AED 2,064 Down 1.0%
Typical sale
AED 2.33M
Typical rent
AED 130K /yr
Typical yield
5.3%
Canal Bay, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 118 units in Canal Bay
Value
10012-bedAED 2.59M · Nov 2024
10032-bedAED 2.66M · Apr 2025
10042-bedAED 2.44M · Sep 2025
10052-bedAED 2.2M · Dec 2025
10062-bedAED 2.27M · Sep 2025
10072-bedAED 2.29M · Jan 2026

1002, Canal Bay in numbers

  • Sold once: by the developer on 27 December 2024 for AED 3,130,000, or AED 2,160 per sqft.
  • Three-beds in Canal Bay sold for AED 3,320,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,064 per sqft.

Source: Dubai Land Department. Updated 27 December 2024.

Questions about 1002, Canal Bay

What did unit 1002 last sell for?

AED 3,130,000 on 27 December 2024, sold by the developer: AED 2,160 per sqft for 1,449 sqft. It is the only registered sale of the unit.

How big is unit 1002?

1,449 sqft (134.6 sqm): a three-bedroom apartment on the 10th floor of a 18-storey tower.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Canal Bay sold for AED 3,320,000 to 3,500,000 in the last 12 months, around AED 2,353 per sqft.

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Mortgage on 1002, Canal Bay

Starts from the last sale price (AED 3.13M, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,130,000
Deposit, UAE resident (20%)
AED 626,000
Deposit, non-resident (40%)
AED 1,252,000
Monthly over 25 years at 3.7%
AED 12,806

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