2-bed · 1,264 sqftCanal Bay, Business Bay · 18th floor

1801, Canal Bay

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

Unit 1801 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 2.64M14 May 2025
Current rentAED 155K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1801, Canal Bay

What is 1801 worth today?

Last sold for AED 2,640,000 in 2025

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29 Aug 2025RentedNew contract
AED 155,000/yr12 months · AED 123 per sqft
14 May 2025Sold by developerReady
AED 2,640,000AED 2,088 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
2-bed apartment
Size
1,264 sqft
Floor
18th of 18
Parking
P1-1801
Last sold
AED 2.64M · May 2025
Building
Canal Bay

About 1801, Canal Bay

1801 is a two-bedroom apartment of 1,264 sqft on the 18th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 14 May 2025 for AED 2,640,000, or AED 2,088 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 29 August 2025. The current contract, signed on 29 August 2025, is AED 155,000 a year: a gross yield of 5.9% on the 2025 price.

Sales and rents for 1801 over time

Sales
Unit 1801, 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, May 2025: AED 2,640,000 (AED 2,088 per sqft)

1801 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1801, each contractTypical two-bed in Canal Bay
140K160K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000New contract, August 2025: AED 155,000 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 1801 sits

All 102 2-beds →

1801 last sold in May 2025 at AED 2,088 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. 1801's AED 155,000 is in the upper half 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 18th floor

All 118 units in Canal Bay
Value
18023-bedAED 3.15M · Mar 2025
18032-bedAED 2.72M · Jul 2025
18042-bedAED 2.5M · Sep 2025
18052-bedAED 2.4M · May 2025
18062-bedAED 2.33M · Nov 2025
18072-bedAED 2.35M · Oct 2025

1801, Canal Bay in numbers

  • Sold once: by the developer on 14 May 2025 for AED 2,640,000, or AED 2,088 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2025 price is 5.9%.
  • 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 29 August 2025.

Questions about 1801, Canal Bay

What did unit 1801 last sell for?

AED 2,640,000 on 14 May 2025, sold by the developer: AED 2,088 per sqft for 1,264 sqft. It is the only registered sale of the unit.

What is the rent for unit 1801?

AED 155,000 a year on the contract signed on 29 August 2025.

How big is unit 1801?

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

What is unit 1801 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 1801, Canal Bay

Starts from the last sale price (AED 2.64M, 14 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,640,000
Deposit, UAE resident (20%)
AED 528,000
Deposit, non-resident (40%)
AED 1,056,000
Monthly over 25 years at 3.7%
AED 10,801

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