2-bed · 1,228 sqftCanal Bay, Business Bay · 8th floor

803, Canal Bay

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

Unit 803 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 2.75M14 April 2026
Current rentAED 150K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Canal Bay

What is 803 worth today?

Last sold for AED 2,750,000 in 2026

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20 Jul 2026RentedNew contract
AED 150,000/yr12 months · AED 122 per sqft
14 Apr 2026Sold by developerReady
AED 2,750,000AED 2,238 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
2-bed apartment
Size
1,228 sqft
Floor
8th of 18
Parking
P3-803
Last sold
AED 2.75M · April 2026
Building
Canal Bay

About 803, Canal Bay

803 is a two-bedroom apartment of 1,228 sqft on the 8th floor of Canal Bay, a 18-storey tower in Business Bay. The developer sold it on 14 April 2026 for AED 2,750,000, or AED 2,238 per sqft, 8% above the AED 2,070 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 July 2026. The current contract, signed on 20 July 2026, is AED 150,000 a year: a gross yield of 5.5% on the 2026 price.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical two-bed in Canal Bay
2.4M2.6M2.8M2024202520262027Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,420,000; 2026 AED 2,310,000Sold by developer, April 2026: AED 2,750,000 (AED 2,238 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Canal Bay
140K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000New contract, July 2026: AED 150,000 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 803 sits

All 102 2-beds →

803 last sold in April 2026 at AED 2,238 per sqft, 8% above what two-beds in Canal Bay were fetching at the time (AED 2,070). 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. 803's AED 150,000 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 8th floor

All 118 units in Canal Bay
Value
8012-bedAED 2.6M · Sep 2026
8042-bedAED 2.44M · Apr 2026
8052-bedAED 2.34M · Feb 2026
8062-bedAED 2.27M · Apr 2026
8072-bedAED 2.29M · Apr 2026

803, Canal Bay in numbers

  • Sold once: by the developer on 14 April 2026 for AED 2,750,000, or AED 2,238 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2026 price is 5.5%.
  • 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 20 July 2026.

Questions about 803, Canal Bay

What did unit 803 last sell for?

AED 2,750,000 on 14 April 2026, sold by the developer: AED 2,238 per sqft for 1,228 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 150,000 a year on the contract signed on 20 July 2026.

How big is unit 803?

1,228 sqft (114.1 sqm): a two-bedroom apartment on the 8th floor of a 18-storey tower.

What is unit 803 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 803, Canal Bay

Starts from the last sale price (AED 2.75M, 14 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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