502, Canal Bay
Sold prices and rental history: sold once, by the developer in January 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Canal Bay
What is 502 worth today?
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Source: Dubai Land Department. Updated 30 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,449 sqft
- Floor
- 5th of 18
- Parking
- P3-502-A,P3-502-B
- Last sold
- AED 3.5M · January 2026
- Building
- Canal Bay
About 502, Canal Bay
502 is a three-bedroom apartment of 1,449 sqft on the 5th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 30 January 2026 for AED 3,500,000, or AED 2,415 per sqft, 11% above the AED 2,170 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Canal Bay, and where 502 sits
All 16 3-beds →502 last sold in January 2026 at AED 2,415 per sqft, 11% above what three-beds in Canal Bay were fetching at the time (AED 2,170). 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 |
|---|---|---|---|---|---|
| 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 | ||
| 30 Apr 202530 April 2025 | 1,449 sqft | 3,070,000 | 2,118 |
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 5th floor
All 118 units in Canal Bay502, Canal Bay in numbers
- Sold once: by the developer on 30 January 2026 for AED 3,500,000, or AED 2,415 per sqft.
- 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 30 January 2026.
Questions about 502, Canal Bay
What did unit 502 last sell for?
AED 3,500,000 on 30 January 2026, sold by the developer: AED 2,415 per sqft for 1,449 sqft. It is the only registered sale of the unit.
How big is unit 502?
1,449 sqft (134.6 sqm): a three-bedroom apartment on the 5th floor of a 18-storey tower.
What is unit 502 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 502, Canal Bay
Starts from the last sale price (AED 3.5M, 30 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →