505, Canal Crown 1
Sold prices and rental history: sold once, by the developer in July 2025, 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 505, Canal Crown 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 23 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completed
- 2027
- Last sold
- AED 3.57M · July 2025
- Building
- Canal Crown 1
About 505, Canal Crown 1
505 is a two-bedroom apartment of 1,314 sqft on the 5th 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 July 2025 for AED 3,568,000, or AED 2,715 per sqft, 3% below the AED 2,810 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 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 505 sits
All 67 2-beds →505 last sold in July 2025 at AED 2,715 per sqft, 3% below what two-beds in Canal Crown 1 were fetching at the time (AED 2,810). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Apr 202621 April 2026 | 1,311 sqft | 3,534,000 | 2,695 | ||
| 7 Apr 20267 April 2026 | 1,461 sqft | 4,255,000 | 2,912 | ||
| 26 Mar 202626 March 2026 | 1,300 sqft | 3,490,000 | 2,685 | ||
| 25 Feb 202625 February 2026 | 1,312 sqft | 3,524,000 | 2,685 |
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 5th floor
All 320 units in Canal Crown 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,285 sqft | AED 2.47MAED 2,470,500 · Jun 2025June 2025 | ||
| 502 | 1-bed | 815 sqft | AED 1.95MAED 1,946,550 · Feb 2024February 2024 | ||
| 503 | Studio | 434 sqft | AED 1.29MAED 1,287,000 · Sep 2023September 2023 | ||
| 504 | Studio | 431 sqft | AED 1.28MAED 1,278,000 · Sep 2023September 2023 | ||
| 506 | 1-bed | 1,284 sqft | AED 2.61MAED 2,609,650 · Jul 2025July 2025 | ||
| 507 | 1-bed | 813 sqft | AED 2.05MAED 2,045,000 · Mar 2024March 2024 | ||
| 508 | Studio | 435 sqft | AED 1.29MAED 1,290,000 · Sep 2023September 2023 | ||
| 509 | Studio | 432 sqft | AED 1.28MAED 1,284,000 · Sep 2023September 2023 | ||
| 510 | 2-bed | 1,313 sqft | AED 3.42MAED 3,422,400 · Oct 2024October 2024 |
505, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 23 July 2025 for AED 3,568,000, or AED 2,715 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 July 2025.
Questions about 505, Canal Crown 1
What did unit 505 last sell for?
AED 3,568,000 on 23 July 2025, sold by the developer: AED 2,715 per sqft for 1,314 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 5th floor of a 37-storey tower completed in 2027.
What is unit 505 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 505, Canal Crown 1
Starts from the last sale price (AED 3.57M, 23 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,568,000
- Deposit, UAE resident (20%)
- AED 713,600
- Deposit, non-resident (40%)
- AED 1,427,200
- Monthly over 25 years at 3.7%
- AED 14,598
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →