2-bed · 1,327 sqftCanal Bay, Business Bay · 18th floor

1805, Canal Bay

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

Unit 1805 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 2.4M30 May 2025
Current rentAED 130K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1805, Canal Bay

What is 1805 worth today?

Last sold for AED 2,400,000 in 2025

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10 Sep 2026RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
30 May 2025Sold by developerReady
AED 2,400,000AED 1,808 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
18th of 18
Parking
P1-1805
Last sold
AED 2.4M · May 2025
Building
Canal Bay

About 1805, Canal Bay

1805 is a two-bedroom apartment of 1,327 sqft on the 18th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 30 May 2025 for AED 2,400,000, or AED 1,808 per sqft, 10% below the AED 2,017 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 September 2026. The current contract, signed on 10 September 2026, is AED 130,000 a year: a gross yield of 5.4% on the 2025 price.

Sales and rents for 1805 over time

Sales
Unit 1805, 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 2,400,000 (AED 1,808 per sqft)

1805 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1805, each contractTypical two-bed in Canal Bay
130K140K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000New contract, September 2026: AED 130,000 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 1805 sits

All 102 2-beds →

1805 last sold in May 2025 at AED 1,808 per sqft, 10% below what two-beds in Canal Bay were fetching at the time (AED 2,017). 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. 1805's AED 130,000 is in the lower 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
18012-bedAED 2.64M · May 2025
18023-bedAED 3.15M · Mar 2025
18032-bedAED 2.72M · Jul 2025
18042-bedAED 2.5M · Sep 2025
18062-bedAED 2.33M · Nov 2025
18072-bedAED 2.35M · Oct 2025

1805, Canal Bay in numbers

  • Sold once: by the developer on 30 May 2025 for AED 2,400,000, or AED 1,808 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 5.4%.
  • 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 10 September 2026.

Questions about 1805, Canal Bay

What did unit 1805 last sell for?

AED 2,400,000 on 30 May 2025, sold by the developer: AED 1,808 per sqft for 1,327 sqft. It is the only registered sale of the unit.

What is the rent for unit 1805?

AED 130,000 a year on the contract signed on 10 September 2026.

How big is unit 1805?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 18th floor of a 18-storey tower.

What is unit 1805 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 1805, Canal Bay

Starts from the last sale price (AED 2.4M, 30 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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