2508, 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.
Property timeline for 2508, Canal Crown 1
What is 2508 worth today?
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Source: Dubai Land Department. Updated 22 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 439 sqft
- Floor
- 25th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.42M · September 2024
- Building
- Canal Crown 1
About 2508, Canal Crown 1
2508 is a studio of 439 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 22 September 2024 for AED 1,417,000, or AED 3,224 per sqft, 8% above the AED 2,987 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2508 over time
2508 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Crown 1, and where 2508 sits
All 86 studios →2508 last sold in September 2024 at AED 3,224 per sqft, 8% above what studios in Canal Crown 1 were fetching at the time (AED 2,987). Over the last 12 months studios sold for AED 1,126,000 to 1,304,000, around AED 2,797 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 435 sqft | 1,126,000 | 2,590 | ||
| 13 Apr 202613 April 2026 | 427 sqft | 1,194,000 | 2,797 | ||
| 10 Feb 202610 February 2026 | 439 sqft | 1,304,000 | 2,969 | ||
| 31 Aug 202531 August 2025 | 436 sqft | 1,126,000 | 2,582 |
Canal Crown 1
Building320 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
Other units on the 25th floor
All 320 units in Canal Crown 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 827 sqft | AED 2.23MAED 2,225,580 · Apr 2024April 2024 | ||
| 2502 | 1-bed | 936 sqft | AED 2.57MAED 2,570,000 · Jun 2024June 2024 | ||
| 2503 | 1-bed | 867 sqft | AED 2.51MAED 2,508,000 · Sep 2023September 2023 | ||
| 2504 | Studio | 440 sqft | AED 1.42MAED 1,417,000 · Sep 2024September 2024 | ||
| 2505 | 1-bed | 832 sqft | AED 2.28MAED 2,284,000 · Feb 2024February 2024 | ||
| 2506 | 1-bed | 936 sqft | AED 2.51MAED 2,505,000 · Sep 2023September 2023 | ||
| 2507 | 2-bed | 1,191 sqft | AED 2.45MAED 2,450,980 · Nov 2023November 2023 | ||
| 2509 | 1-bed | 1,032 sqft | AED 3.04MAED 3,041,000 · May 2025May 2025 | ||
| 2504A | 1-bed | 999 sqft | AED 2.94MAED 2,943,000 · May 2025May 2025 |
2508, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 22 September 2024 for AED 1,417,000, or AED 3,224 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 22 September 2024.
Questions about 2508, Canal Crown 1
What did unit 2508 last sell for?
AED 1,417,000 on 22 September 2024, sold by the developer: AED 3,224 per sqft for 439 sqft. It is the only registered sale of the unit.
How big is unit 2508?
439 sqft (40.8 sqm): a studio on the 25th floor of a 37-storey tower completed in 2027.
What is unit 2508 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 2508, Canal Crown 1
Starts from the last sale price (AED 1.42M, 22 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 →