506, 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 506, Canal Crown 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 28 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,284 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completed
- 2027
- Last sold
- AED 2.61M · July 2025
- Building
- Canal Crown 1
About 506, Canal Crown 1
506 is a one-bedroom apartment of 1,284 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 28 July 2025 for AED 2,609,650, or AED 2,032 per sqft, 26% below the AED 2,738 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Canal Crown 1, and where 506 sits
All 163 1-beds →506 last sold in July 2025 at AED 2,032 per sqft, 26% below what one-beds in Canal Crown 1 were fetching at the time (AED 2,738). Over the last 12 months one-beds sold for AED 2,068,780 to 2,640,000, around AED 2,901 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 857 sqft | 2,388,000 | 2,784 | ||
| 23 Feb 202623 February 2026 | 875 sqft | 2,640,000 | 3,017 | ||
| 21 Jan 202621 January 2026 | 823 sqft | 2,068,780 | 2,513 | ||
| 16 Dec 202516 December 2025 | 875 sqft | 2,640,000 | 3,017 |
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 | ||
| 505 | 2-bed | 1,314 sqft | AED 3.57MAED 3,568,000 · 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 |
506, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 28 July 2025 for AED 2,609,650, or AED 2,032 per sqft.
- One-beds in Canal Crown 1 sold for AED 2,068,780–2,640,000 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 28 July 2025.
Questions about 506, Canal Crown 1
What did unit 506 last sell for?
AED 2,609,650 on 28 July 2025, sold by the developer: AED 2,032 per sqft for 1,284 sqft. It is the only registered sale of the unit.
How big is unit 506?
1,284 sqft (119.3 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower completed in 2027.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Crown 1 sold for AED 2,068,780 to 2,640,000 in the last 12 months, around AED 2,901 per sqft.
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Mortgage on 506, Canal Crown 1
Starts from the last sale price (AED 2.61M, 28 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,609,650
- Deposit, UAE resident (20%)
- AED 521,930
- Deposit, non-resident (40%)
- AED 1,043,860
- Monthly over 25 years at 3.7%
- AED 10,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →