2-bed · 2,225 sqftCanal Bay, Business Bay · 1st floor

104, Canal Bay

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

Unit 104 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 2.5M1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Canal Bay

What is 104 worth today?

Last sold for AED 2,500,000 in 2025

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1 May 2025Sold by developerReady
AED 2,500,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
2,225 sqft
Floor
1st of 18
Parking
P3-104
Last sold
AED 2.5M · May 2025
Building
Canal Bay

About 104, Canal Bay

104 is a two-bedroom apartment of 2,225 sqft on the 1st floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 1 May 2025 for AED 2,500,000, or AED 1,123 per sqft, 45% below the AED 2,048 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Canal Bay
2.4M2.6M2024202520262027Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,420,000; 2026 AED 2,310,000Sold by developer, May 2025: AED 2,500,000 (AED 1,123 per sqft)

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

Rents
Unit 104, 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 104 sits

All 102 2-beds →

104 last sold in May 2025 at AED 1,123 per sqft, 45% below what two-beds in Canal Bay were fetching at the time (AED 2,048). 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
1032-bedAED 2.8M · Jan 2025
1052-bedAED 2.4M · Mar 2025
1062-bedAED 2.23M · Nov 2025

104, Canal Bay in numbers

  • Sold once: by the developer on 1 May 2025 for AED 2,500,000, or AED 1,123 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 1 May 2025.

Questions about 104, Canal Bay

What did unit 104 last sell for?

AED 2,500,000 on 1 May 2025, sold by the developer: AED 1,123 per sqft for 2,225 sqft. It is the only registered sale of the unit.

How big is unit 104?

2,225 sqft (206.7 sqm): a two-bedroom apartment on the 1st floor of a 18-storey tower.

What is unit 104 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 104, Canal Bay

Starts from the last sale price (AED 2.5M, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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