1202, Canal Bay
Sold prices and rental history: sold once, by the developer in November 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 1202, Canal Bay
What is 1202 worth today?
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Source: Dubai Land Department. Updated 13 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,449 sqft
- Floor
- 12th of 18
- Parking
- P2-1202-A,P2-1202-B
- Last sold
- AED 3.15M · November 2024
- Building
- Canal Bay
About 1202, Canal Bay
1202 is a three-bedroom apartment of 1,449 sqft on the 12th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 13 November 2024 for AED 3,150,000, or AED 2,173 per sqft.
No rental contract for the unit is registered on Ejari.
3-beds in Canal Bay, and where 1202 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 12th floor
All 118 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,264 sqft | AED 2.45MAED 2,450,000 · May 2026May 2026 | ||
| 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 |
1202, Canal Bay in numbers
- Sold once: by the developer on 13 November 2024 for AED 3,150,000, or AED 2,173 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 13 November 2024.
Questions about 1202, Canal Bay
What did unit 1202 last sell for?
AED 3,150,000 on 13 November 2024, sold by the developer: AED 2,173 per sqft for 1,449 sqft. It is the only registered sale of the unit.
How big is unit 1202?
1,449 sqft (134.6 sqm): a three-bedroom apartment on the 12th floor of a 18-storey tower.
What is unit 1202 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 1202, Canal Bay
Starts from the last sale price (AED 3.15M, 13 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →