Studio · 440 sqftCanal Crown 1, Business Bay · 25th floor · completed 2027

2504, Canal Crown 1

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

Unit 2504 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 1.42M24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Canal Crown 1

What is 2504 worth today?

Last sold for AED 1,417,000 in 2024

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24 Sep 2024Sold by developerOff-plan
AED 1,417,000AED 3,222 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
25th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 1.42M · September 2024

About 2504, Canal Crown 1

2504 is a studio of 440 sqft on the 25th 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 24 September 2024 for AED 1,417,000, or AED 3,222 per sqft, 5% above the AED 3,072 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, September 2024: AED 1,417,000 (AED 3,222 per sqft)

2504 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 1, and where 2504 sits

All 86 studios →

2504 last sold in September 2024 at AED 3,222 per sqft, 5% above what studios in Canal Crown 1 were fetching at the time (AED 3,072). 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 25th floor

All 320 units in Canal Crown 1
Value
25011-bedAED 2.23M · Apr 2024
25021-bedAED 2.57M · Jun 2024
25031-bedAED 2.51M · Sep 2023
25051-bedAED 2.28M · Feb 2024
25061-bedAED 2.51M · Sep 2023
25072-bedAED 2.45M · Nov 2023
2508StudioAED 1.42M · Sep 2024
1–7 of 9

2504, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 24 September 2024 for AED 1,417,000, or AED 3,222 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 24 September 2024.

Questions about 2504, Canal Crown 1

What did unit 2504 last sell for?

AED 1,417,000 on 24 September 2024, sold by the developer: AED 3,222 per sqft for 440 sqft. It is the only registered sale of the unit.

How big is unit 2504?

440 sqft (40.9 sqm): a studio on the 25th floor of a 37-storey tower completed in 2027.

What is unit 2504 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 2504, Canal Crown 1

Starts from the last sale price (AED 1.42M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,417,000
Deposit, UAE resident (20%)
AED 283,400
Deposit, non-resident (40%)
AED 566,800
Monthly over 25 years at 3.7%
AED 5,797

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