1-bed · 791 sqftCanal Crown 1, Business Bay · 6th floor · completed 2027

601, Canal Crown 1

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 1.99M25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Canal Crown 1

What is 601 worth today?

Last sold for AED 1,994,000 in 2023

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25 Oct 2023Sold by developerOff-plan
AED 1,994,000AED 2,521 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
6th of 37
Parking
1
Developer
Galaxy Sky Real Estate Development
Completed
2027
Last sold
AED 1.99M · October 2023

About 601, Canal Crown 1

601 is a one-bedroom apartment of 791 sqft on the 6th 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 25 October 2023 for AED 1,994,000, or AED 2,521 per sqft, 7% below the AED 2,698 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical one-bed in Canal Crown 1
2M2.25M2.5M20232024202520262027Typical sale price by year: 2023 AED 2,317,700; 2024 AED 2,265,000; 2025 AED 2,473,500; 2026 AED 2,388,000Sold by developer, October 2023: AED 1,994,000 (AED 2,521 per sqft)

601 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 601 sits

All 163 1-beds →

601 last sold in October 2023 at AED 2,521 per sqft, 7% below what one-beds in Canal Crown 1 were fetching at the time (AED 2,698). 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 salesUnit no.Price (AED)Summary
11 Sep 20262,388,000
23 Feb 20262,640,000
21 Jan 20262,068,780
16 Dec 20252,640,000
4 1-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 6th floor

All 320 units in Canal Crown 1
Value
6021-bedAED 2.07M · Nov 2023
603StudioAED 1.29M · Sep 2023
604StudioAED 1.29M · Sep 2023
6052-bedAED 3.59M · Mar 2024
6061-bedAED 1.99M · Sep 2023
6072-bedAED 2.05M · Dec 2023
608StudioAED 1.29M · Sep 2023
1–7 of 9

601, Canal Crown 1 in numbers

  • Sold once: by Galaxy Sky Real Estate Development on 25 October 2023 for AED 1,994,000, or AED 2,521 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 25 October 2023.

Questions about 601, Canal Crown 1

What did unit 601 last sell for?

AED 1,994,000 on 25 October 2023, sold by the developer: AED 2,521 per sqft for 791 sqft. It is the only registered sale of the unit.

How big is unit 601?

791 sqft (73.5 sqm): a one-bedroom apartment on the 6th floor of a 37-storey tower completed in 2027.

What is unit 601 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 601, Canal Crown 1

Starts from the last sale price (AED 1.99M, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,994,000
Deposit, UAE resident (20%)
AED 398,800
Deposit, non-resident (40%)
AED 797,600
Monthly over 25 years at 3.7%
AED 8,158

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