202, Canal Bay
Sold prices and rental history: sold once, by the developer in April 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Canal Bay
What is 202 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 18 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,449 sqft
- Floor
- 2nd of 18
- Parking
- P3-202-A,P3-202-B
- Last sold
- AED 3.05M · April 2025
- Building
- Canal Bay
About 202, Canal Bay
202 is a three-bedroom apartment of 1,449 sqft on the 2nd floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 2 April 2025 for AED 3,050,000, or AED 2,104 per sqft, in line with the AED 2,160 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 September 2025. The current contract, signed on 18 September 2025, is AED 180,000 a year: a gross yield of 5.9% on the 2025 price.
3-beds in Canal Bay, and where 202 sits
All 16 3-beds →202 last sold in April 2025 at AED 2,104 per sqft, in line with what three-beds in Canal Bay were fetching at the time (AED 2,160). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,449 sqft | 3,500,000 | 2,415 | ||
| 8 Dec 20258 December 2025 | 1,449 sqft | 3,320,000 | 2,291 | ||
| 3 Jul 20253 July 2025 | 1,449 sqft | 3,170,000 | 2,187 | ||
| 12 Jun 202512 June 2025 | 1,449 sqft | 3,160,000 | 2,180 |
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 2nd floor
All 118 units in Canal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,264 sqft | AED 2.55MAED 2,550,000 · Sep 2025September 2025 | ||
| 203 | 2-bed | 1,228 sqft | AED 2.62MAED 2,620,000 · Aug 2025August 2025 | ||
| 204 | 2-bed | 1,112 sqft | AED 2.4MAED 2,400,000 · Nov 2025November 2025 | 80,000 /yr | |
| 205 | 2-bed | 1,327 sqft | AED 2.3MAED 2,300,000 · Sep 2025September 2025 | 100,000 /yr | |
| 206 | 2-bed | 1,326 sqft | AED 2.23MAED 2,225,000 · Jul 2025July 2025 | ||
| 207 | 2-bed | 1,100 sqft | AED 2.23MAED 2,225,000 · Feb 2026February 2026 |
202, Canal Bay in numbers
- Sold once: by the developer on 2 April 2025 for AED 3,050,000, or AED 2,104 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2025 price is 5.9%.
- 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 18 September 2025.
Questions about 202, Canal Bay
What did unit 202 last sell for?
AED 3,050,000 on 2 April 2025, sold by the developer: AED 2,104 per sqft for 1,449 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 180,000 a year on the contract signed on 18 September 2025.
How big is unit 202?
1,449 sqft (134.6 sqm): a three-bedroom apartment on the 2nd floor of a 18-storey tower.
What is unit 202 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.
Selling 202? 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 202, Canal Bay
Starts from the last sale price (AED 3.05M, 2 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →