2-bed · 1,194 sqftCanal Crown 1, Business Bay · 37th floor · completed 2027

3704, 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 3704 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 3.75M24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, Canal Crown 1

What is 3704 worth today?

Last sold for AED 3,752,420 in 2024

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24 Sep 2024Sold by developerOff-plan
AED 3,752,420AED 3,144 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
2-bed apartment
Size
1,194 sqft
Floor
37th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 3.75M · September 2024

About 3704, Canal Crown 1

3704 is a two-bedroom apartment of 1,194 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 3,752,420, or AED 3,144 per sqft, 12% 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 3704 over time

Sales
Unit 3704, 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 3,752,420 (AED 3,144 per sqft)

3704 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 3704 sits

All 67 2-beds →

3704 last sold in September 2024 at AED 3,144 per sqft, 12% 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
37012-bedAED 3.78M · Sep 2024
37023-bedAED 5.48M · Sep 2024
37033-bedAED 5.48M · Sep 2024

3704, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 24 September 2024 for AED 3,752,420, or AED 3,144 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 3704, Canal Crown 1

What did unit 3704 last sell for?

AED 3,752,420 on 24 September 2024, sold by the developer: AED 3,144 per sqft for 1,194 sqft. It is the only registered sale of the unit.

How big is unit 3704?

1,194 sqft (110.9 sqm): a two-bedroom apartment on the 37th floor of a 37-storey tower completed in 2027.

What is unit 3704 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 3704, Canal Crown 1

Starts from the last sale price (AED 3.75M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,752,420
Deposit, UAE resident (20%)
AED 750,484
Deposit, non-resident (40%)
AED 1,500,968
Monthly over 25 years at 3.7%
AED 15,352

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