Studio · 436 sqftCanal Crown 1, Business Bay · 4th floor · completed 2027

401, Canal Crown 1

Sold prices and rental history: sold twice, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 31 August 2025
Last soldAED 1.13M31 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Canal Crown 1

What is 401 worth today?

Last sold for AED 1,126,000 in 2025

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31 Aug 2025SoldOff-plan
AED 1,126,000AED 2,582 per sqft
14 Sep 2023Sold by developerOff-plan
AED 1,126,000AED 2,671 per sqft

Source: Dubai Land Department. Updated 31 August 2025.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
4th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 1.13M · August 2025

About 401, Canal Crown 1

401 is a studio of 436 sqft on the 4th floor of Canal Crown 1, a 37-storey tower in Business Bay completed in 2027 by Galaxy Sky Real Estate Development . It last sold on 31 August 2025 for AED 1,126,000, or AED 2,582 per sqft, 16% below 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 401 over time

Sales
Unit 401, 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 2023: AED 1,126,000 (AED 2,671 per sqft)Sold, August 2025: AED 1,126,000 (AED 2,582 per sqft)

401 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 1, and where 401 sits

All 86 studios →

401 last sold in August 2025 at AED 2,582 per sqft, 16% below 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
29 Jul 20251,072,690
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 4th floor

All 320 units in Canal Crown 1
Value
402StudioAED 1.23M · Sep 2023
4031-bedAED 2.18M · Mar 2024
404StudioAED 1.28M · Sep 2023
405StudioAED 1.28M · Sep 2023
4062-bedAED 3.55M · Dec 2025
407StudioAED 1.13M · Apr 2026
408StudioAED 1.23M · Sep 2023
1–7 of 11

401, Canal Crown 1 in numbers

  • Sold twice: first on 14 September 2023 for AED 1,126,000, last on 31 August 2025 for AED 1,126,000 (AED 2,582 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 31 August 2025.

Questions about 401, Canal Crown 1

What did unit 401 last sell for?

AED 1,126,000 on 31 August 2025: AED 2,582 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 1,126,000 in September 2023.

How big is unit 401?

436 sqft (40.5 sqm): a studio on the 4th floor of a 37-storey tower completed in 2027.

What is unit 401 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 401, Canal Crown 1

Starts from the last sale price (AED 1.13M, 31 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,126,000
Deposit, UAE resident (20%)
AED 225,200
Deposit, non-resident (40%)
AED 450,400
Monthly over 25 years at 3.7%
AED 4,607

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