1201, Canal Bay
Sold prices and rental history: sold 4 times, last in May 2026, 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 1201, Canal Bay
What is 1201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 11 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,264 sqft
- Floor
- 12th of 18
- Parking
- P2-1201
- Last sold
- AED 2.45M · May 2026
- Building
- Canal Bay
About 1201, Canal Bay
1201 is a two-bedroom apartment of 1,264 sqft on the 12th floor of Canal Bay, a 18-storey tower in Business Bay. It last sold on 11 May 2026 for AED 2,450,000, or AED 1,937 per sqft, 6% below the AED 2,064 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1201 over time
1201 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1201 sits
All 102 2-beds →1201 last sold in May 2026 at AED 1,937 per sqft, 6% below what two-beds in Canal Bay were fetching at the time (AED 2,064). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 1,264 sqft | 2,600,000 | 2,056 | ||
| 17 Sep 202617 September 2026 | 1,327 sqft | 2,450,000 | 1,846 | ||
| 29 Jul 202629 July 2026 | 1,264 sqft | 2,700,000 | 2,135 | ||
| 19 Jun 202619 June 2026 | 1,112 sqft | 1,977,000 | 1,778 |
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 12th floor
All 118 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 3-bed | 1,449 sqft | AED 3.15MAED 3,150,000 · Nov 2024November 2024 | ||
| 1203 | 2-bed | 1,228 sqft | AED 2.68MAED 2,680,000 · Nov 2024November 2024 | 135,000 /yr | |
| 1204 | 2-bed | 1,112 sqft | AED 2.46MAED 2,460,000 · Sep 2025September 2025 | ||
| 1205 | 2-bed | 1,327 sqft | AED 2.36MAED 2,360,000 · Aug 2024August 2024 | 150,000 /yr | |
| 1206 | 2-bed | 1,326 sqft | AED 2.29MAED 2,290,000 · Feb 2025February 2025 | 120,000 /yr | |
| 1207 | 2-bed | 1,100 sqft | AED 2.31MAED 2,310,000 · Jun 2025June 2025 |
1201, Canal Bay in numbers
- Sold 4 times: first on 6 January 2025 for AED 2,610,000, last on 11 May 2026 for AED 2,450,000 (AED 1,937 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 11 May 2026.
Questions about 1201, Canal Bay
What did unit 1201 last sell for?
AED 2,450,000 on 11 May 2026: AED 1,937 per sqft for 1,264 sqft. The unit has 4 registered sales; the first was AED 2,610,000 in January 2025.
How big is unit 1201?
1,264 sqft (117.4 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower.
What is unit 1201 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 1201? 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.
Mortgage on 1201, Canal Bay
Starts from the last sale price (AED 2.45M, 11 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →