2-bed · 4,970 sqftCanal Bay, Business Bay · 1st floor

103, Canal Bay

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

Unit 103 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 2.8M8 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Canal Bay

What is 103 worth today?

Last sold for AED 2,800,000 in 2025

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8 Jan 2025Sold by developerReady
AED 2,800,000AED 563 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
2-bed apartment
Size
4,970 sqft
Floor
1st of 18
Parking
P3-103
Last sold
AED 2.8M · January 2025
Building
Canal Bay

About 103, Canal Bay

103 is a two-bedroom apartment of 4,970 sqft on the 1st floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 8 January 2025 for AED 2,800,000, or AED 563 per sqft, 72% below the AED 2,017 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Canal Bay
2.25M2.5M2.75M2024202520262027Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,420,000; 2026 AED 2,310,000Sold by developer, January 2025: AED 2,800,000 (AED 563 per sqft)

103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Canal Bay
130K140K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000

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

2-beds in Canal Bay, and where 103 sits

All 102 2-beds →

103 last sold in January 2025 at AED 563 per sqft, 72% below what two-beds in Canal Bay were fetching at the time (AED 2,017). Over the last 12 months two-beds sold for AED 1,977,000 to 2,850,000, around AED 2,064 per sqft, and rent for AED 75,000 to 190,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Sep 20262,600,000
17 Sep 20262,450,000
29 Jul 20262,700,000
19 Jun 20261,977,000
41 2-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 1st floor

All 118 units in Canal Bay
Value
1023-bedAED 3.2M · Apr 2025
1042-bedAED 2.5M · May 2025
1052-bedAED 2.4M · Mar 2025
1062-bedAED 2.23M · Nov 2025

103, Canal Bay in numbers

  • Sold once: by the developer on 8 January 2025 for AED 2,800,000, or AED 563 per sqft.
  • Two-beds in Canal Bay sold for AED 1,977,000–2,850,000 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 8 January 2025.

Questions about 103, Canal Bay

What did unit 103 last sell for?

AED 2,800,000 on 8 January 2025, sold by the developer: AED 563 per sqft for 4,970 sqft. It is the only registered sale of the unit.

How big is unit 103?

4,970 sqft (461.7 sqm): a two-bedroom apartment on the 1st floor of a 18-storey tower.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Bay sold for AED 1,977,000 to 2,850,000 in the last 12 months, around AED 2,064 per sqft.

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Mortgage on 103, Canal Bay

Starts from the last sale price (AED 2.8M, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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