2-bed · 1,442 sqftCanal Crown 1, Business Bay · 20th floor · completed 2027

2008, 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 2008 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 4.11M14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Canal Crown 1

What is 2008 worth today?

Last sold for AED 4,107,000 in 2023

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14 Sep 2023Sold by developerOff-plan
AED 4,107,000AED 2,848 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
2-bed apartment
Size
1,442 sqft
Floor
20th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 4.11M · September 2023

About 2008, Canal Crown 1

2008 is a two-bedroom apartment of 1,442 sqft on the 20th 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 4,107,000, or AED 2,848 per sqft, in line with the AED 2,867 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2008 over time

Sales
Unit 2008, each saleTypical two-bed in Canal Crown 1
3.5M4M20232024202520262027Typical 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, September 2023: AED 4,107,000 (AED 2,848 per sqft)

2008 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 2008 sits

All 67 2-beds →

2008 last sold in September 2023 at AED 2,848 per sqft, in line with what two-beds in Canal Crown 1 were fetching at the time (AED 2,867). 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 20th floor

All 320 units in Canal Crown 1
Value
20011-bedAED 2.21M · Sep 2023
20021-bedAED 2.37M · Sep 2023
20031-bedAED 2.39M · Sep 2023
20042-bedAED 4.29M · Sep 2024
20051-bedAED 2.21M · Sep 2023
20061-bedAED 2.44M · Nov 2023
20071-bedAED 2.39M · Sep 2023

2008, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 14 September 2023 for AED 4,107,000, or AED 2,848 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 14 September 2023.

Questions about 2008, Canal Crown 1

What did unit 2008 last sell for?

AED 4,107,000 on 14 September 2023, sold by the developer: AED 2,848 per sqft for 1,442 sqft. It is the only registered sale of the unit.

How big is unit 2008?

1,442 sqft (134.0 sqm): a two-bedroom apartment on the 20th floor of a 37-storey tower completed in 2027.

What is unit 2008 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 2008, Canal Crown 1

Starts from the last sale price (AED 4.11M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,107,000
Deposit, UAE resident (20%)
AED 821,400
Deposit, non-resident (40%)
AED 1,642,800
Monthly over 25 years at 3.7%
AED 16,803

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