2-bed · 1,480 sqftCanal Crown 1, Business Bay · 22nd floor · completed 2027

2204, Canal Crown 1

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

Unit 2204 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 4.32M29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Canal Crown 1

What is 2204 worth today?

Last sold for AED 4,315,000 in 2024

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29 Nov 2024Sold by developerOff-plan
AED 4,315,000AED 2,915 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
22nd of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 4.32M · November 2024

About 2204, Canal Crown 1

2204 is a two-bedroom apartment of 1,480 sqft on the 22nd 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 29 November 2024 for AED 4,315,000, or AED 2,915 per sqft, in line with the AED 2,855 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2204 over time

Sales
Unit 2204, 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, November 2024: AED 4,315,000 (AED 2,915 per sqft)

2204 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 2204 sits

All 67 2-beds →

2204 last sold in November 2024 at AED 2,915 per sqft, in line with what two-beds in Canal Crown 1 were fetching at the time (AED 2,855). 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 22nd floor

All 320 units in Canal Crown 1
Value
22011-bedAED 2.14M · Apr 2024
22021-bedAED 2.33M · Feb 2025
22031-bedAED 2.45M · Sep 2023
22051-bedAED 2.24M · Sep 2024
22061-bedAED 2.51M · Mar 2024
22071-bedAED 2.45M · Sep 2023
22082-bedAED 4.22M · Sep 2023

2204, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 29 November 2024 for AED 4,315,000, or AED 2,915 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 29 November 2024.

Questions about 2204, Canal Crown 1

What did unit 2204 last sell for?

AED 4,315,000 on 29 November 2024, sold by the developer: AED 2,915 per sqft for 1,480 sqft. It is the only registered sale of the unit.

How big is unit 2204?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 22nd floor of a 37-storey tower completed in 2027.

What is unit 2204 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 2204, Canal Crown 1

Starts from the last sale price (AED 4.32M, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,315,000
Deposit, UAE resident (20%)
AED 863,000
Deposit, non-resident (40%)
AED 1,726,000
Monthly over 25 years at 3.7%
AED 17,654

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