2-bed · 1,192 sqftCanal Crown 1, Business Bay · 37th floor · completed 2027

3701, 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 3701 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 3.78M24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Canal Crown 1

What is 3701 worth today?

Last sold for AED 3,781,820 in 2024

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24 Sep 2024Sold by developerOff-plan
AED 3,781,820AED 3,172 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
2-bed apartment
Size
1,192 sqft
Floor
37th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 3.78M · September 2024

About 3701, Canal Crown 1

3701 is a two-bedroom apartment of 1,192 sqft on the 37th 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 3,781,820, or AED 3,172 per sqft, 13% above the AED 2,795 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3701 over time

Sales
Unit 3701, each saleTypical two-bed in Canal Crown 1
3.6M3.8M20232024202520262027Typical 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, September 2024: AED 3,781,820 (AED 3,172 per sqft)

3701 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 3701 sits

All 67 2-beds →

3701 last sold in September 2024 at AED 3,172 per sqft, 13% above what two-beds in Canal Crown 1 were fetching at the time (AED 2,795). 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 37th floor

All 320 units in Canal Crown 1
Value
37023-bedAED 5.48M · Sep 2024
37033-bedAED 5.48M · Sep 2024
37042-bedAED 3.75M · Sep 2024

3701, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 24 September 2024 for AED 3,781,820, or AED 3,172 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 24 September 2024.

Questions about 3701, Canal Crown 1

What did unit 3701 last sell for?

AED 3,781,820 on 24 September 2024, sold by the developer: AED 3,172 per sqft for 1,192 sqft. It is the only registered sale of the unit.

How big is unit 3701?

1,192 sqft (110.7 sqm): a two-bedroom apartment on the 37th floor of a 37-storey tower completed in 2027.

What is unit 3701 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 3701, Canal Crown 1

Starts from the last sale price (AED 3.78M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,781,820
Deposit, UAE resident (20%)
AED 756,364
Deposit, non-resident (40%)
AED 1,512,728
Monthly over 25 years at 3.7%
AED 15,473

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