2-bed · 1,191 sqftCanal Crown 1, Business Bay · 25th floor · completed 2027

2507, Canal Crown 1

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2507 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 2.45M23 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2507, Canal Crown 1

What is 2507 worth today?

Last sold for AED 2,450,980 in 2023

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23 Nov 2023Sold by developerOff-plan
AED 2,450,980AED 2,057 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
25th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 2.45M · November 2023

About 2507, Canal Crown 1

2507 is a two-bedroom apartment of 1,191 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 23 November 2023 for AED 2,450,980, or AED 2,057 per sqft, 27% below the AED 2,805 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2507 over time

Sales
Unit 2507, each saleTypical two-bed in Canal Crown 1
3M4M20232024202520262027Typical 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 2023: AED 2,450,980 (AED 2,057 per sqft)

2507 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 2507 sits

All 67 2-beds →

2507 last sold in November 2023 at AED 2,057 per sqft, 27% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,805). 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 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
2504StudioAED 1.42M · Sep 2024
25051-bedAED 2.28M · Feb 2024
25061-bedAED 2.51M · Sep 2023
2508StudioAED 1.42M · Sep 2024
1–7 of 9

2507, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 23 November 2023 for AED 2,450,980, or AED 2,057 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 23 November 2023.

Questions about 2507, Canal Crown 1

What did unit 2507 last sell for?

AED 2,450,980 on 23 November 2023, sold by the developer: AED 2,057 per sqft for 1,191 sqft. It is the only registered sale of the unit.

How big is unit 2507?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 25th floor of a 37-storey tower completed in 2027.

What is unit 2507 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 2507, Canal Crown 1

Starts from the last sale price (AED 2.45M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,980
Deposit, UAE resident (20%)
AED 490,196
Deposit, non-resident (40%)
AED 980,392
Monthly over 25 years at 3.7%
AED 10,028

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