704, Canal Crown 1
Sold prices and rental history: sold once, by the developer in September 2023, 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 704, Canal Crown 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 14 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 7th of 37
- Parking
- 1
- Developer
- Galaxy Sky Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.29M · September 2023
- Building
- Canal Crown 1
About 704, Canal Crown 1
704 is a studio of 433 sqft on the 7th 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 14 September 2023 for AED 1,291,000, or AED 2,984 per sqft, in line with the AED 3,009 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Crown 1, and where 704 sits
All 86 studios →704 last sold in September 2023 at AED 2,984 per sqft, in line with what studios in Canal Crown 1 were fetching at the time (AED 3,009). Over the last 12 months studios sold for AED 1,126,000 to 1,304,000, around AED 2,797 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 435 sqft | 1,126,000 | 2,590 | ||
| 13 Apr 202613 April 2026 | 427 sqft | 1,194,000 | 2,797 | ||
| 10 Feb 202610 February 2026 | 439 sqft | 1,304,000 | 2,969 | ||
| 31 Aug 202531 August 2025 | 436 sqft | 1,126,000 | 2,582 |
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 7th floor
All 320 units in Canal Crown 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 793 sqft | AED 2.01MAED 2,005,000 · Sep 2023September 2023 | ||
| 702 | 1-bed | 826 sqft | AED 2.1MAED 2,096,000 · Sep 2023September 2023 | ||
| 703 | Studio | 436 sqft | AED 1.3MAED 1,304,000 · Sep 2023September 2023 | ||
| 705 | 2-bed | 1,318 sqft | AED 3.61MAED 3,605,000 · May 2025May 2025 | ||
| 706 | 1-bed | 792 sqft | AED 2.01MAED 2,005,000 · Sep 2023September 2023 | ||
| 707 | 1-bed | 826 sqft | AED 2.09MAED 2,094,000 · Jan 2024January 2024 | ||
| 708 | Studio | 439 sqft | AED 1.3MAED 1,304,000 · Feb 2026February 2026 | ||
| 709 | Studio | 432 sqft | AED 1.29MAED 1,291,000 · Sep 2023September 2023 | ||
| 710 | 2-bed | 1,312 sqft | AED 3.59MAED 3,588,000 · Aug 2025August 2025 |
704, Canal Crown 1 in numbers
- Sold once: by Galaxy Sky Real Estate Development on 14 September 2023 for AED 1,291,000, or AED 2,984 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 14 September 2023.
Questions about 704, Canal Crown 1
What did unit 704 last sell for?
AED 1,291,000 on 14 September 2023, sold by the developer: AED 2,984 per sqft for 433 sqft. It is the only registered sale of the unit.
How big is unit 704?
433 sqft (40.2 sqm): a studio on the 7th floor of a 37-storey tower completed in 2027.
What is unit 704 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 704, Canal Crown 1
Starts from the last sale price (AED 1.29M, 14 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,291,000
- Deposit, UAE resident (20%)
- AED 258,200
- Deposit, non-resident (40%)
- AED 516,400
- Monthly over 25 years at 3.7%
- AED 5,282
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →