Studio · 445 sqftCanal Crown 1, Business Bay · 12th floor · completed 2027

1203, Canal Crown 1

Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 1.36M14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Canal Crown 1

What is 1203 worth today?

Last sold for AED 1,356,000 in 2023

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14 Sep 2023Sold by developerOff-plan
AED 1,356,000AED 3,046 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
12th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 1.36M · September 2023

About 1203, Canal Crown 1

1203 is a studio of 445 sqft on the 12th floor of Canal Crown 1, a 37-storey tower in Business Bay completed in 2027 by Galaxy Sky Real Estate Development . The developer sold it on 14 September 2023 for AED 1,356,000, or AED 3,046 per sqft, in line with the AED 3,009 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical studio in Canal Crown 1
1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,322,000; 2024 AED 1,365,120; 2025 AED 1,072,690; 2026 AED 1,194,000Sold by developer, September 2023: AED 1,356,000 (AED 3,046 per sqft)

1203 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 1, and where 1203 sits

All 86 studios →

1203 last sold in September 2023 at AED 3,046 per sqft, in line with what studios in Canal Crown 1 were fetching at the time (AED 3,009). Over the last 12 months studios sold for AED 1,126,000 to 1,304,000, around AED 2,797 per sqft.

Recent studio salesUnit no.Price (AED)Summary
20 Apr 20261,126,000
13 Apr 20261,194,000
10 Feb 20261,304,000
31 Aug 20251,126,000
3 studio sales in the last 12 months

Canal Crown 1

Building

320 apartments, studios to 3-bed over 37 floors in Business Bay, completed in 2027 by Galaxy Sky Real Estate Development . 15 sold in the last 12 months.

Typical price per sqft
AED 2,784 Up 0.2%
Typical sale
AED 3.49M
Typical rent
Few contracts
Typical yield
Canal Crown 1, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 320 units in Canal Crown 1
Value
12011-bedAED 2.08M · Mar 2024
12021-bedAED 2.15M · Feb 2024
1204StudioAED 1.36M · Sep 2023
12052-bedAED 3.81M · Jun 2025
12061-bedAED 2.08M · May 2025
12071-bedAED 2.2M · Sep 2023
1208StudioAED 1.36M · Sep 2023
1–7 of 9

1203, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 14 September 2023 for AED 1,356,000, or AED 3,046 per sqft.
  • Studios in Canal Crown 1 sold for AED 1,126,000–1,304,000 in the 12 months to November 2026; the building's median across all types is AED 2,784 per sqft.

Source: Dubai Land Department. Updated 14 September 2023.

Questions about 1203, Canal Crown 1

What did unit 1203 last sell for?

AED 1,356,000 on 14 September 2023, sold by the developer: AED 3,046 per sqft for 445 sqft. It is the only registered sale of the unit.

How big is unit 1203?

445 sqft (41.3 sqm): a studio on the 12th floor of a 37-storey tower completed in 2027.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Crown 1 sold for AED 1,126,000 to 1,304,000 in the last 12 months, around AED 2,797 per sqft.

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Mortgage on 1203, Canal Crown 1

Starts from the last sale price (AED 1.36M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,356,000
Deposit, UAE resident (20%)
AED 271,200
Deposit, non-resident (40%)
AED 542,400
Monthly over 25 years at 3.7%
AED 5,548

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