Studio · 358 sqftCanal Crown 2, Business Bay · 4th floor · completed 2027

407, Canal Crown 2

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

Unit 407 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 1.01M9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Canal Crown 2

What is 407 worth today?

Last sold for AED 1,006,000 in 2024

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9 Oct 2024Sold by developerOff-plan
AED 1,006,000AED 2,812 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
Studio apartment
Size
358 sqft
Floor
4th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completed
2027
Last sold
AED 1.01M · October 2024

About 407, Canal Crown 2

407 is a studio of 358 sqft on the 4th 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 9 October 2024 for AED 1,006,000, or AED 2,812 per sqft, 6% below the AED 2,996 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Canal Crown 2
1M1.2M1.4M202420252026Typical sale price by year: 2024 AED 1,304,000; 2025 AED 1,381,000Sold by developer, October 2024: AED 1,006,000 (AED 2,812 per sqft)

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

Studios in Canal Crown 2, and where 407 sits

All 113 studios →

407 last sold in October 2024 at AED 2,812 per sqft, 6% below what studios in Canal Crown 2 were fetching at the time (AED 2,996). 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 4th floor

All 342 units in Canal Crown 2
Value
4012-bedAED 3.35M · May 2025
402StudioAED 1.19M · Mar 2024
403StudioAED 1.3M · Apr 2024
4041-bedAED 2.2M · May 2024
405StudioAED 1.28M · Apr 2024
406StudioAED 1.27M · Jun 2024
4091-bedAED 1.94M · Apr 2024
1–7 of 13

407, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 9 October 2024 for AED 1,006,000, or AED 2,812 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 9 October 2024.

Questions about 407, Canal Crown 2

What did unit 407 last sell for?

AED 1,006,000 on 9 October 2024, sold by the developer: AED 2,812 per sqft for 358 sqft. It is the only registered sale of the unit.

How big is unit 407?

358 sqft (33.3 sqm): a studio on the 4th floor of a 36-storey tower completed in 2027.

What is unit 407 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 407, Canal Crown 2

Starts from the last sale price (AED 1.01M, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,006,000
Deposit, UAE resident (20%)
AED 201,200
Deposit, non-resident (40%)
AED 402,400
Monthly over 25 years at 3.7%
AED 4,116

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