2-bed · 1,327 sqftCanal Bay, Business Bay · 6th floor

605, Canal Bay

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

Unit 605 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 2.32M28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Canal Bay

What is 605 worth today?

Last sold for AED 2,320,000 in 2025

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28 Aug 2025Sold by developerReady
AED 2,320,000AED 1,748 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
6th of 18
Parking
P3-605
Last sold
AED 2.32M · August 2025
Building
Canal Bay

About 605, Canal Bay

605 is a two-bedroom apartment of 1,327 sqft on the 6th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 28 August 2025 for AED 2,320,000, or AED 1,748 per sqft, 15% below 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 605 over time

Sales
Unit 605, 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, August 2025: AED 2,320,000 (AED 1,748 per sqft)

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

Rents
Unit 605, 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 605 sits

All 102 2-beds →

605 last sold in August 2025 at AED 1,748 per sqft, 15% below 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 6th floor

All 118 units in Canal Bay
Value
6012-bedAED 2.57M · Jul 2025
6023-bedAED 3.09M · Feb 2025
6032-bedAED 2.7M · Dec 2025
6042-bedAED 2.42M · Oct 2025
6062-bedAED 2.25M · Sep 2025
6072-bedAED 2.27M · Nov 2025

605, Canal Bay in numbers

  • Sold once: by the developer on 28 August 2025 for AED 2,320,000, or AED 1,748 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 28 August 2025.

Questions about 605, Canal Bay

What did unit 605 last sell for?

AED 2,320,000 on 28 August 2025, sold by the developer: AED 1,748 per sqft for 1,327 sqft. It is the only registered sale of the unit.

How big is unit 605?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 6th floor of a 18-storey tower.

What is unit 605 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 605, Canal Bay

Starts from the last sale price (AED 2.32M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,320,000
Deposit, UAE resident (20%)
AED 464,000
Deposit, non-resident (40%)
AED 928,000
Monthly over 25 years at 3.7%
AED 9,492

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