2-bed · 1,100 sqftCanal Bay, Business Bay · 14th floor

1407, Canal Bay

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

Unit 1407 · DLD and Ejari recordsUpdated 21 October 2025
Last soldAED 2.33M21 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Canal Bay

What is 1407 worth today?

Last sold for AED 2,330,000 in 2025

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21 Oct 2025Sold by developerReady
AED 2,330,000AED 2,118 per sqft

Source: Dubai Land Department. Updated 21 October 2025.

Key facts

Type
2-bed apartment
Size
1,100 sqft
Floor
14th of 18
Parking
P2-1407
Last sold
AED 2.33M · October 2025
Building
Canal Bay

About 1407, Canal Bay

1407 is a two-bedroom apartment of 1,100 sqft on the 14th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 21 October 2025 for AED 2,330,000, or AED 2,118 per sqft, in line with 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 1407 over time

Sales
Unit 1407, 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, October 2025: AED 2,330,000 (AED 2,118 per sqft)

1407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, 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 1407 sits

All 102 2-beds →

1407 last sold in October 2025 at AED 2,118 per sqft, in line with 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 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 14th floor

All 118 units in Canal Bay
Value
14012-bedAED 2.61M · Jul 2025
14023-bedAED 3.17M · Jul 2025
14032-bedAED 2.75M · Aug 2025
14042-bedAED 2.48M · Oct 2025
14052-bedAED 2.38M · May 2025
14062-bedAED 2.31M · Feb 2026

1407, Canal Bay in numbers

  • Sold once: by the developer on 21 October 2025 for AED 2,330,000, or AED 2,118 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 21 October 2025.

Questions about 1407, Canal Bay

What did unit 1407 last sell for?

AED 2,330,000 on 21 October 2025, sold by the developer: AED 2,118 per sqft for 1,100 sqft. It is the only registered sale of the unit.

How big is unit 1407?

1,100 sqft (102.2 sqm): a two-bedroom apartment on the 14th floor of a 18-storey tower.

What is unit 1407 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 1407, Canal Bay

Starts from the last sale price (AED 2.33M, 21 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,330,000
Deposit, UAE resident (20%)
AED 466,000
Deposit, non-resident (40%)
AED 932,000
Monthly over 25 years at 3.7%
AED 9,533

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