2-bed · 1,229 sqftCanal Bay, Business Bay · 17th floor

1703, Canal Bay

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

Unit 1703 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 2.72M4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Canal Bay

What is 1703 worth today?

Last sold for AED 2,720,000 in 2025

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4 Sep 2025Sold by developerReady
AED 2,720,000AED 2,213 per sqft

Source: Dubai Land Department. Updated 4 September 2025.

Key facts

Type
2-bed apartment
Size
1,229 sqft
Floor
17th of 18
Parking
P1-1703
Last sold
AED 2.72M · September 2025
Building
Canal Bay

About 1703, Canal Bay

1703 is a two-bedroom apartment of 1,229 sqft on the 17th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 4 September 2025 for AED 2,720,000, or AED 2,213 per sqft, 8% above the AED 2,048 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, September 2025: AED 2,720,000 (AED 2,213 per sqft)

1703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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 1703 sits

All 102 2-beds →

1703 last sold in September 2025 at AED 2,213 per sqft, 8% above 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.

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 17th floor

All 118 units in Canal Bay
Value
17012-bedAED 2.63M · Mar 2025
17023-bedAED 3.15M · Mar 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

1703, Canal Bay in numbers

  • Sold once: by the developer on 4 September 2025 for AED 2,720,000, or AED 2,213 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 4 September 2025.

Questions about 1703, Canal Bay

What did unit 1703 last sell for?

AED 2,720,000 on 4 September 2025, sold by the developer: AED 2,213 per sqft for 1,229 sqft. It is the only registered sale of the unit.

How big is unit 1703?

1,229 sqft (114.2 sqm): a two-bedroom apartment on the 17th floor of a 18-storey tower.

What is unit 1703 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 1703, Canal Bay

Starts from the last sale price (AED 2.72M, 4 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,720,000
Deposit, UAE resident (20%)
AED 544,000
Deposit, non-resident (40%)
AED 1,088,000
Monthly over 25 years at 3.7%
AED 11,128

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