1-bed · 815 sqftCanal Crown 1, Business Bay · 16th floor · completed 2027

1606, Canal Crown 1

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 2.15M18 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Canal Crown 1

What is 1606 worth today?

Last sold for AED 2,149,000 in 2024

Unlock today's estimate, updated daily, with

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

18 Jan 2024Sold by developerOff-plan
AED 2,149,000AED 2,635 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
16th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 2.15M · January 2024

About 1606, Canal Crown 1

1606 is a one-bedroom apartment of 815 sqft on the 16th 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 18 January 2024 for AED 2,149,000, or AED 2,635 per sqft, in line with the AED 2,679 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Canal Crown 1
2.2M2.4M20232024202520262027Typical sale price by year: 2023 AED 2,317,700; 2024 AED 2,265,000; 2025 AED 2,473,500; 2026 AED 2,388,000Sold by developer, January 2024: AED 2,149,000 (AED 2,635 per sqft)

1606 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Canal Crown 1, and where 1606 sits

All 163 1-beds →

1606 last sold in January 2024 at AED 2,635 per sqft, in line with what one-beds in Canal Crown 1 were fetching at the time (AED 2,679). Over the last 12 months one-beds sold for AED 2,068,780 to 2,640,000, around AED 2,901 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 20262,388,000
23 Feb 20262,640,000
21 Jan 20262,068,780
16 Dec 20252,640,000
4 1-bed 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 16th floor

All 320 units in Canal Crown 1
Value
16011-bedAED 2.11M · Feb 2024
16021-bedAED 2.28M · Mar 2024
1603StudioAED 1.4M · Sep 2023
1604StudioAED 1.4M · Sep 2023
16052-bedAED 3.95M · Sep 2024
16071-bedAED 2.28M · Sep 2023
1608StudioAED 1.4M · Sep 2023
1–7 of 9

1606, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 18 January 2024 for AED 2,149,000, or AED 2,635 per sqft.
  • One-beds in Canal Crown 1 sold for AED 2,068,780–2,640,000 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 18 January 2024.

Questions about 1606, Canal Crown 1

What did unit 1606 last sell for?

AED 2,149,000 on 18 January 2024, sold by the developer: AED 2,635 per sqft for 815 sqft. It is the only registered sale of the unit.

How big is unit 1606?

815 sqft (75.7 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2027.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Crown 1 sold for AED 2,068,780 to 2,640,000 in the last 12 months, around AED 2,901 per sqft.

Selling 1606? 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 1606, Canal Crown 1

Starts from the last sale price (AED 2.15M, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,149,000
Deposit, UAE resident (20%)
AED 429,800
Deposit, non-resident (40%)
AED 859,600
Monthly over 25 years at 3.7%
AED 8,792

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