1606, Canal Bay
Sold prices and rental history: sold once, by the developer in December 2025, 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 1606, Canal Bay
What is 1606 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 8 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 16th of 18
- Parking
- P1-1606
- Last sold
- AED 2.36M · December 2025
- Building
- Canal Bay
About 1606, Canal Bay
1606 is a two-bedroom apartment of 1,326 sqft on the 16th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 8 December 2025 for AED 2,360,000, or AED 1,779 per sqft, 14% 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 1606 over time
1606 has sold once; 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 1606 sits
All 102 2-beds →1606 last sold in December 2025 at AED 1,779 per sqft, 14% 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 16th floor
All 118 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,264 sqft | AED 2.71MAED 2,705,000 · Dec 2025December 2025 | ||
| 1602 | 3-bed | 1,449 sqft | AED 3.32MAED 3,320,000 · Dec 2025December 2025 | ||
| 1603 | 2-bed | 1,228 sqft | AED 2.78MAED 2,775,000 · Dec 2025December 2025 | ||
| 1604 | 2-bed | 1,112 sqft | AED 2.53MAED 2,530,000 · Dec 2025December 2025 | ||
| 1605 | 2-bed | 1,327 sqft | AED 2.43MAED 2,430,000 · Dec 2025December 2025 | ||
| 1607 | 2-bed | 1,100 sqft | AED 2.38MAED 2,380,000 · Dec 2025December 2025 |
1606, Canal Bay in numbers
- Sold once: by the developer on 8 December 2025 for AED 2,360,000, or AED 1,779 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 8 December 2025.
Questions about 1606, Canal Bay
What did unit 1606 last sell for?
AED 2,360,000 on 8 December 2025, sold by the developer: AED 1,779 per sqft for 1,326 sqft. It is the only registered sale of the unit.
How big is unit 1606?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 16th floor of a 18-storey tower.
What is unit 1606 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 1606? 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 1606, Canal Bay
Starts from the last sale price (AED 2.36M, 8 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,360,000
- Deposit, UAE resident (20%)
- AED 472,000
- Deposit, non-resident (40%)
- AED 944,000
- Monthly over 25 years at 3.7%
- AED 9,655
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →