Studio · 433 sqftCanal Crown 1, Business Bay · 2nd floor · completed 2027

206, 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 206 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 1.27M11 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Canal Crown 1

What is 206 worth today?

Last sold for AED 1,271,000 in 2024

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11 Jan 2024Sold by developerOff-plan
AED 1,271,000AED 2,935 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
2nd of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 1.27M · January 2024

About 206, Canal Crown 1

206 is a studio of 433 sqft on the 2nd 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 11 January 2024 for AED 1,271,000, or AED 2,935 per sqft, in line with the AED 3,006 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, 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, January 2024: AED 1,271,000 (AED 2,935 per sqft)

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

Studios in Canal Crown 1, and where 206 sits

All 86 studios →

206 last sold in January 2024 at AED 2,935 per sqft, in line with what studios in Canal Crown 1 were fetching at the time (AED 3,006). 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 2nd floor

All 320 units in Canal Crown 1
Value
202StudioAED 1.19M · Apr 2026
2031-bedAED 1.29M · Oct 2023
2041-bedAED 2.17M · May 2024
205StudioAED 1.28M · Jan 2024
2072-bedAED 3.52M · Feb 2026
209StudioAED 1.19M · Oct 2023
210StudioAED 1.29M · Oct 2023
1–7 of 11

206, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 11 January 2024 for AED 1,271,000, or AED 2,935 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 11 January 2024.

Questions about 206, Canal Crown 1

What did unit 206 last sell for?

AED 1,271,000 on 11 January 2024, sold by the developer: AED 2,935 per sqft for 433 sqft. It is the only registered sale of the unit.

How big is unit 206?

433 sqft (40.2 sqm): a studio on the 2nd floor of a 37-storey tower completed in 2027.

What is unit 206 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 206, Canal Crown 1

Starts from the last sale price (AED 1.27M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,271,000
Deposit, UAE resident (20%)
AED 254,200
Deposit, non-resident (40%)
AED 508,400
Monthly over 25 years at 3.7%
AED 5,200

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