2-bed · 1,100 sqftCanal Bay, Business Bay · 12th floor

1207, Canal Bay

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

Unit 1207 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 2.31M25 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Canal Bay

What is 1207 worth today?

Last sold for AED 2,310,000 in 2025

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25 Jun 2025Sold by developerReady
AED 2,310,000AED 2,100 per sqft

Source: Dubai Land Department. Updated 25 June 2025.

Key facts

Type
2-bed apartment
Size
1,100 sqft
Floor
12th of 18
Parking
P2-1207
Last sold
AED 2.31M · June 2025
Building
Canal Bay

About 1207, Canal Bay

1207 is a two-bedroom apartment of 1,100 sqft on the 12th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 25 June 2025 for AED 2,310,000, or AED 2,100 per sqft, 3% above the AED 2,033 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, June 2025: AED 2,310,000 (AED 2,100 per sqft)

1207 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, 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 1207 sits

All 102 2-beds →

1207 last sold in June 2025 at AED 2,100 per sqft, 3% above what two-beds in Canal Bay were fetching at the time (AED 2,033). 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 12th floor

All 118 units in Canal Bay
Value
12012-bedAED 2.45M · May 2026
12023-bedAED 3.15M · Nov 2024
12032-bedAED 2.68M · Nov 2024
12042-bedAED 2.46M · Sep 2025
12052-bedAED 2.36M · Aug 2024
12062-bedAED 2.29M · Feb 2025

1207, Canal Bay in numbers

  • Sold once: by the developer on 25 June 2025 for AED 2,310,000, or AED 2,100 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 25 June 2025.

Questions about 1207, Canal Bay

What did unit 1207 last sell for?

AED 2,310,000 on 25 June 2025, sold by the developer: AED 2,100 per sqft for 1,100 sqft. It is the only registered sale of the unit.

How big is unit 1207?

1,100 sqft (102.2 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower.

What is unit 1207 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 1207, Canal Bay

Starts from the last sale price (AED 2.31M, 25 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,000
Deposit, UAE resident (20%)
AED 462,000
Deposit, non-resident (40%)
AED 924,000
Monthly over 25 years at 3.7%
AED 9,451

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