2-bed · 1,207 sqftCanal Crown 1, Business Bay · 17th floor · completed 2027

1704, Canal Crown 1

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

Unit 1704 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.42M1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Canal Crown 1

What is 1704 worth today?

Last sold for AED 1,419,000 in 2023

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1 Nov 2023Sold by developerOff-plan
AED 1,419,000AED 1,175 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
17th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 1.42M · November 2023

About 1704, Canal Crown 1

1704 is a two-bedroom apartment of 1,207 sqft on the 17th 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 1 November 2023 for AED 1,419,000, or AED 1,175 per sqft, 59% below the AED 2,837 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Canal Crown 1
2M4M20232024202520262027Typical sale price by year: 2023 AED 3,657,000; 2024 AED 3,865,410; 2025 AED 3,872,545; 2026 AED 3,529,000Sold by developer, November 2023: AED 1,419,000 (AED 1,175 per sqft)

1704 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Crown 1, and where 1704 sits

All 67 2-beds →

1704 last sold in November 2023 at AED 1,175 per sqft, 59% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,837). Over the last 12 months two-beds sold for AED 3,490,000 to 4,259,000, around AED 2,695 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Apr 20263,534,000
7 Apr 20264,255,000
26 Mar 20263,490,000
25 Feb 20263,524,000
7 2-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 17th floor

All 320 units in Canal Crown 1
Value
17011-bedAED 2.17M · Jan 2024
17021-bedAED 2.29M · Feb 2024
1703StudioAED 1.41M · Sep 2023
17052-bedAED 3.97M · Sep 2024
17061-bedAED 2.11M · Feb 2024
17071-bedAED 2.29M · Apr 2024
1708StudioAED 899K · Feb 2025
1–7 of 9

1704, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 1 November 2023 for AED 1,419,000, or AED 1,175 per sqft.
  • Two-beds in Canal Crown 1 sold for AED 3,490,000–4,259,000 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 1 November 2023.

Questions about 1704, Canal Crown 1

What did unit 1704 last sell for?

AED 1,419,000 on 1 November 2023, sold by the developer: AED 1,175 per sqft for 1,207 sqft. It is the only registered sale of the unit.

How big is unit 1704?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 17th floor of a 37-storey tower completed in 2027.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Crown 1 sold for AED 3,490,000 to 4,259,000 in the last 12 months, around AED 2,695 per sqft.

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Mortgage on 1704, Canal Crown 1

Starts from the last sale price (AED 1.42M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,419,000
Deposit, UAE resident (20%)
AED 283,800
Deposit, non-resident (40%)
AED 567,600
Monthly over 25 years at 3.7%
AED 5,806

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