Studio · 447 sqftCanal Crown 2, Business Bay · 12th floor · completed 2027

1203, Canal Crown 2

Sold prices and rental history: sold once, by the developer in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.36M1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Canal Crown 2

What is 1203 worth today?

Last sold for AED 1,362,000 in 2024

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1 Apr 2024Sold by developerOff-plan
AED 1,362,000AED 3,046 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
12th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completed
2027
Last sold
AED 1.36M · April 2024

About 1203, Canal Crown 2

1203 is a studio of 447 sqft on the 12th floor of Canal Crown 2, a 36-storey tower in Business Bay completed in 2027 by One Quantem Real Estate Development . The developer sold it on 1 April 2024 for AED 1,362,000, or AED 3,046 per sqft, in line with the AED 2,976 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical studio in Canal Crown 2
1.3M1.35M202420252026Typical sale price by year: 2024 AED 1,304,000; 2025 AED 1,381,000Sold by developer, April 2024: AED 1,362,000 (AED 3,046 per sqft)

1203 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Crown 2, and where 1203 sits

All 113 studios →

1203 last sold in April 2024 at AED 3,046 per sqft, in line with what studios in Canal Crown 2 were fetching at the time (AED 2,976). Over the last 12 months studios sold for AED 1,024,000 to 1,409,000, around AED 2,914 per sqft.

Recent studio salesUnit no.Price (AED)Summary
4 Jun 20261,024,000
5 Dec 20251,409,000
24 Apr 20251,331,000
1 Feb 20251,381,000
2 studio sales in the last 12 months

Canal Crown 2

Building

342 apartments, studios to 3-bed over 36 floors in Business Bay, completed in 2027 by One Quantem Real Estate Development . 12 sold in the last 12 months.

Typical price per sqft
AED 2,875 Up 0.3%
Typical sale
AED 2.52M
Typical rent
Few contracts
Typical yield
Canal Crown 2, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 342 units in Canal Crown 2
Value
12011-bedAED 2.13M · Apr 2024
12021-bedAED 2.31M · May 2024
1204StudioAED 1.36M · Mar 2024
12052-bedAED 3.82M · Jun 2024
12061-bedAED 2.13M · Mar 2024
12071-bedAED 2.22M · May 2024
1208StudioAED 1.36M · Mar 2024
1–7 of 9

1203, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 1 April 2024 for AED 1,362,000, or AED 3,046 per sqft.
  • Studios in Canal Crown 2 sold for AED 1,024,000–1,409,000 in the 12 months to November 2026; the building's median across all types is AED 2,875 per sqft.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 1203, Canal Crown 2

What did unit 1203 last sell for?

AED 1,362,000 on 1 April 2024, sold by the developer: AED 3,046 per sqft for 447 sqft. It is the only registered sale of the unit.

How big is unit 1203?

447 sqft (41.5 sqm): a studio on the 12th floor of a 36-storey tower completed in 2027.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Crown 2 sold for AED 1,024,000 to 1,409,000 in the last 12 months, around AED 2,914 per sqft.

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Mortgage on 1203, Canal Crown 2

Starts from the last sale price (AED 1.36M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,000
Deposit, UAE resident (20%)
AED 272,400
Deposit, non-resident (40%)
AED 544,800
Monthly over 25 years at 3.7%
AED 5,572

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