2-bed · 1,264 sqftCanal Bay, Business Bay · 13th floor

1301, Canal Bay

Sold prices and rental history: sold once, by the developer in March 2025, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 6 July 2026
Last soldAED 2.61M24 March 2025
Current rentAED 75K /yr6 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Canal Bay

What is 1301 worth today?

Last sold for AED 2,610,000 in 2025

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6 Jul 2026RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
24 Mar 2025Sold by developerReady
AED 2,610,000AED 2,064 per sqft

Source: Dubai Land Department. Updated 6 July 2026.

Key facts

Type
2-bed apartment
Size
1,264 sqft
Floor
13th of 18
Parking
P2-1301
Last sold
AED 2.61M · March 2025
Building
Canal Bay

About 1301, Canal Bay

1301 is a two-bedroom apartment of 1,264 sqft on the 13th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 24 March 2025 for AED 2,610,000, or AED 2,064 per sqft, in line with the AED 2,048 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 July 2026. The current contract, signed on 6 July 2026, is AED 75,000 a year: a gross yield of 2.9% on the 2025 price.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, March 2025: AED 2,610,000 (AED 2,064 per sqft)

1301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, each contractTypical two-bed in Canal Bay
100K150K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000New contract, July 2026: AED 75,000 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 1301 sits

All 102 2-beds →

1301 last sold in March 2025 at AED 2,064 per sqft, in line with 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. 1301's AED 75,000 is at the bottom 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 13th floor

All 118 units in Canal Bay
Value
13023-bedAED 3.16M · Jun 2025
13042-bedAED 2.46M · Feb 2025
13052-bedAED 2.45M · Oct 2025
13062-bedAED 2.29M · Aug 2025
13072-bedAED 2.31M · Dec 2025

1301, Canal Bay in numbers

  • Sold once: by the developer on 24 March 2025 for AED 2,610,000, or AED 2,064 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 2.9%.
  • 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 6 July 2026.

Questions about 1301, Canal Bay

What did unit 1301 last sell for?

AED 2,610,000 on 24 March 2025, sold by the developer: AED 2,064 per sqft for 1,264 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 75,000 a year on the contract signed on 6 July 2026.

How big is unit 1301?

1,264 sqft (117.4 sqm): a two-bedroom apartment on the 13th floor of a 18-storey tower.

What is unit 1301 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 1301, Canal Bay

Starts from the last sale price (AED 2.61M, 24 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,610,000
Deposit, UAE resident (20%)
AED 522,000
Deposit, non-resident (40%)
AED 1,044,000
Monthly over 25 years at 3.7%
AED 10,678

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