2-bed · 1,112 sqftCanal Bay, Business Bay · 9th floor

904, Canal Bay

Sold prices and rental history: sold twice, last in June 2026, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 19 June 2026
Last soldAED 1.98M19 June 2026
Current rentAED 145K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Canal Bay

What is 904 worth today?

Last sold for AED 1,977,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jun 2026SoldReady
AED 1,977,000AED 1,778 per sqft
1 Mar 2026RentedNew contract
AED 145,000/yr12 months · AED 131 per sqft
25 Sep 2025Sold by developerReady
AED 2,440,000AED 2,194 per sqft

Source: Dubai Land Department. Updated 19 June 2026.

Key facts

Type
2-bed apartment
Size
1,112 sqft
Floor
9th of 18
Parking
P2-904
Last sold
AED 1.98M · June 2026
Building
Canal Bay

About 904, Canal Bay

904 is a two-bedroom apartment of 1,112 sqft on the 9th floor of Canal Bay, a 18-storey tower in Business Bay. It last sold on 19 June 2026 for AED 1,977,000, or AED 1,778 per sqft, 14% below the AED 2,064 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 145,000 a year: a gross yield of 7.3% on the 2026 price.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical two-bed in Canal Bay
2M2.5M2024202520262027Typical sale price by year: 2024 AED 2,570,000; 2025 AED 2,420,000; 2026 AED 2,310,000Sold by developer, September 2025: AED 2,440,000 (AED 2,194 per sqft)Sold, June 2026: AED 1,977,000 (AED 1,778 per sqft)

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

Rents
Unit 904, each contractTypical two-bed in Canal Bay
130K140K202520262027Typical rent by year: 2025 AED 145,909; 2026 AED 127,000New contract, March 2026: AED 145,000 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 904 sits

All 102 2-beds →

904 last sold in June 2026 at AED 1,778 per sqft, 14% below what two-beds in Canal Bay were fetching at the time (AED 2,064). 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. 904's AED 145,000 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
13 May 20262,300,000
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 9th floor

All 118 units in Canal Bay
Value
9012-bedAED 2.59M · Aug 2025
9023-bedAED 3.12M · Apr 2025
9032-bedAED 2.66M · Jul 2025
9052-bedAED 2.34M · Jul 2025
9062-bedAED 2.27M · Oct 2025
9072-bedAED 2.1M · Apr 2026

904, Canal Bay in numbers

  • Sold twice: first on 25 September 2025 for AED 2,440,000, last on 19 June 2026 for AED 1,977,000 (AED 1,778 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2026 price is 7.3%.
  • 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 19 June 2026.

Questions about 904, Canal Bay

What did unit 904 last sell for?

AED 1,977,000 on 19 June 2026: AED 1,778 per sqft for 1,112 sqft. The unit has 2 registered sales; the first was AED 2,440,000 in September 2025.

What is the rent for unit 904?

AED 145,000 a year on the contract signed on 1 March 2026.

How big is unit 904?

1,112 sqft (103.3 sqm): a two-bedroom apartment on the 9th floor of a 18-storey tower.

What is unit 904 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.

Selling 904? 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.

How OpenOffers works

Mortgage on 904, Canal Bay

Starts from the last sale price (AED 1.98M, 19 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,977,000
Deposit, UAE resident (20%)
AED 395,400
Deposit, non-resident (40%)
AED 790,800
Monthly over 25 years at 3.7%
AED 8,089

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