2-bed · 1,327 sqftCanal Bay, Business Bay · 11th floor

1105, Canal Bay

Sold prices and rental history: sold once, by the developer in August 2024, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 2.36M26 August 2024
Current rentAED 159K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Canal Bay

What is 1105 worth today?

Last sold for AED 2,360,000 in 2024

Unlock today's estimate, updated daily, with

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

25 Nov 2025RentedNew contract
AED 159,000/yr12 months · AED 120 per sqft
26 Aug 2024Sold by developerReady
AED 2,360,000AED 1,778 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
11th of 18
Parking
P2-1105
Last sold
AED 2.36M · August 2024
Building
Canal Bay

About 1105, Canal Bay

1105 is a two-bedroom apartment of 1,327 sqft on the 11th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 26 August 2024 for AED 2,360,000, or AED 1,778 per sqft.

One Ejari contract is registered, from 25 November 2025. The current contract, signed on 25 November 2025, is AED 159,000 a year: a gross yield of 6.7% on the 2024 price.

Sales and rents for 1105 over time

Sales
Unit 1105, 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, August 2024: AED 2,360,000 (AED 1,778 per sqft)

1105 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1105, each contractTypical two-bed in Canal Bay
140K160K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000New contract, November 2025: AED 159,000 a year

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 1105 sits

All 102 2-beds →

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. 1105's AED 159,000 is in the upper half of that range.

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 11th floor

All 118 units in Canal Bay
Value
11012-bedAED 2.59M · Nov 2024
11023-bedAED 3.14M · Feb 2025
11032-bedAED 2.68M · Mar 2025
11042-bedAED 2.46M · Nov 2025
11062-bedAED 2.29M · Oct 2025
11072-bedAED 2.31M · Jan 2026

1105, Canal Bay in numbers

  • Sold once: by the developer on 26 August 2024 for AED 2,360,000, or AED 1,778 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 159,000 a year.
  • At AED 159,000 a year the gross yield on the 2024 price is 6.7%.
  • 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 25 November 2025.

Questions about 1105, Canal Bay

What did unit 1105 last sell for?

AED 2,360,000 on 26 August 2024, sold by the developer: AED 1,778 per sqft for 1,327 sqft. It is the only registered sale of the unit.

What is the rent for unit 1105?

AED 159,000 a year on the contract signed on 25 November 2025.

How big is unit 1105?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 11th floor of a 18-storey tower.

What is unit 1105 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.

Selling 1105? 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 1105, Canal Bay

Starts from the last sale price (AED 2.36M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

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