1-bed · 908 sqftCanal Crown 1, Business Bay · 24th floor · completed 2027

2402, Canal Crown 1

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

Unit 2402 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 2.56M7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Canal Crown 1

What is 2402 worth today?

Last sold for AED 2,563,000 in 2024

Unlock today's estimate, updated daily, with

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

7 Oct 2024Sold by developerOff-plan
AED 2,563,000AED 2,824 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
24th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 2.56M · October 2024

About 2402, Canal Crown 1

2402 is a one-bedroom apartment of 908 sqft on the 24th 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 7 October 2024 for AED 2,563,000, or AED 2,824 per sqft, 6% above the AED 2,655 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical one-bed in Canal Crown 1
2.4M2.6M20232024202520262027Typical 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, October 2024: AED 2,563,000 (AED 2,824 per sqft)

2402 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 2402 sits

All 163 1-beds →

2402 last sold in October 2024 at AED 2,824 per sqft, 6% above what one-beds in Canal Crown 1 were fetching at the time (AED 2,655). 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 24th floor

All 320 units in Canal Crown 1
Value
24011-bedAED 2.25M · Sep 2024
24031-bedAED 2.48M · Sep 2024
2404StudioAED 1.41M · Sep 2024
24051-bedAED 2.27M · Jul 2024
24061-bedAED 2.38M · Feb 2025
24071-bedAED 2.48M · Sep 2023
2408StudioAED 1.41M · Nov 2024
1–7 of 9

2402, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 7 October 2024 for AED 2,563,000, or AED 2,824 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 7 October 2024.

Questions about 2402, Canal Crown 1

What did unit 2402 last sell for?

AED 2,563,000 on 7 October 2024, sold by the developer: AED 2,824 per sqft for 908 sqft. It is the only registered sale of the unit.

How big is unit 2402?

908 sqft (84.4 sqm): a one-bedroom apartment on the 24th floor of a 37-storey tower completed in 2027.

What is unit 2402 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 2402? 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 2402, Canal Crown 1

Starts from the last sale price (AED 2.56M, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,563,000
Deposit, UAE resident (20%)
AED 512,600
Deposit, non-resident (40%)
AED 1,025,200
Monthly over 25 years at 3.7%
AED 10,486

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