
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.
Property timeline for 1002, Canal Bay
What is 1002 worth today?
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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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,449 sqft | 3,500,000 | 2,415 | ||
| 8 Dec 20258 December 2025 | 1,449 sqft | 3,320,000 | 2,291 | ||
| 3 Jul 20253 July 2025 | 1,449 sqft | 3,170,000 | 2,187 | ||
| 12 Jun 202512 June 2025 | 1,449 sqft | 3,160,000 | 2,180 |
Canal Bay
Building118 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%
Other units on the 10th floor
All 118 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,264 sqft | AED 2.59MAED 2,590,000 · Nov 2024November 2024 | 190,000 /yr | |
| 1003 | 2-bed | 1,228 sqft | AED 2.66MAED 2,660,000 · Apr 2025April 2025 | ||
| 1004 | 2-bed | 1,112 sqft | AED 2.44MAED 2,440,000 · Sep 2025September 2025 | 105,000 /yr | |
| 1005 | 2-bed | 1,327 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | ||
| 1006 | 2-bed | 1,326 sqft | AED 2.27MAED 2,270,000 · Sep 2025September 2025 | ||
| 1007 | 2-bed | 1,100 sqft | AED 2.29MAED 2,290,000 · Jan 2026January 2026 | 125,000 /yr |
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 →