3-bed · 1,449 sqftCanal Bay, Business Bay · 17th floor

1702, Canal Bay

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

Unit 1702 · DLD and Ejari recordsUpdated 13 October 2026
Last soldAED 3.15M28 March 2025
Current rentAED 195K /yr13 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Canal Bay

What is 1702 worth today?

Last sold for AED 3,150,000 in 2025

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13 Oct 2026RentedNew contract
AED 195,000/yr12 months · AED 135 per sqft
28 Mar 2025Sold by developerReady
AED 3,150,000AED 2,173 per sqft

Source: Dubai Land Department. Updated 13 October 2026.

Key facts

Type
3-bed apartment
Size
1,449 sqft
Floor
17th of 18
Parking
P1-1702-A,P1-1702-B
Last sold
AED 3.15M · March 2025
Building
Canal Bay

About 1702, Canal Bay

1702 is a three-bedroom apartment of 1,449 sqft on the 17th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 28 March 2025 for AED 3,150,000, or AED 2,173 per sqft, in line with the AED 2,166 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 October 2026. The current contract, signed on 13 October 2026, is AED 195,000 a year: a gross yield of 6.2% on the 2025 price.

3-beds in Canal Bay, and where 1702 sits

All 16 3-beds →

1702 last sold in March 2025 at AED 2,173 per sqft, in line with what three-beds in Canal Bay were fetching at the time (AED 2,166). 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 salesUnit no.Price (AED)Summary
30 Jan 20263,500,000
8 Dec 20253,320,000
3 Jul 20253,170,000
12 Jun 20253,160,000
2 3-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 17th floor

All 118 units in Canal Bay
Value
17012-bedAED 2.63M · Mar 2025
17032-bedAED 2.72M · Sep 2025
17042-bedAED 2.5M · Aug 2025
17052-bedAED 2.4M · May 2025
17062-bedAED 2.33M · Aug 2025
17072-bedAED 2.35M · Jul 2025

1702, Canal Bay in numbers

  • Sold once: by the developer on 28 March 2025 for AED 3,150,000, or AED 2,173 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2025 price is 6.2%.
  • 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 October 2026.

Questions about 1702, Canal Bay

What did unit 1702 last sell for?

AED 3,150,000 on 28 March 2025, sold by the developer: AED 2,173 per sqft for 1,449 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 195,000 a year on the contract signed on 13 October 2026.

How big is unit 1702?

1,449 sqft (134.6 sqm): a three-bedroom apartment on the 17th floor of a 18-storey tower.

What is unit 1702 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 1702, Canal Bay

Starts from the last sale price (AED 3.15M, 28 March 2025). 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 →