502, Canal Crown 2
Sold prices and rental history: sold once, by the developer in March 2024, 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 502, Canal Crown 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 424 sqft
- Floor
- 5th of 36
- Parking
- 1
- Developer
- One Quantem Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.19M · March 2024
- Building
- Canal Crown 2
About 502, Canal Crown 2
502 is a studio of 424 sqft on the 5th 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 15 March 2024 for AED 1,193,000, or AED 2,815 per sqft, 5% below 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 502 over time
502 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Crown 2, and where 502 sits
All 113 studios →502 last sold in March 2024 at AED 2,815 per sqft, 5% below 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 370 sqft | 1,024,000 | 2,765 | ||
| 5 Dec 20255 December 2025 | 460 sqft | 1,409,000 | 3,062 | ||
| 24 Apr 202524 April 2025 | 443 sqft | 1,331,000 | 3,002 | ||
| 1 Feb 20251 February 2025 | 482 sqft | 1,381,000 | 2,865 |
Canal Crown 2
Building342 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
Other units on the 5th floor
All 342 units in Canal Crown 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,336 sqft | AED 3.36MAED 3,360,000 · Jul 2025July 2025 | ||
| 503 | Studio | 465 sqft | AED 1.31MAED 1,308,000 · Apr 2024April 2024 | ||
| 504 | 1-bed | 827 sqft | AED 2.12MAED 2,115,840 · Apr 2024April 2024 | ||
| 505 | Studio | 432 sqft | AED 1.28MAED 1,281,000 · Mar 2024March 2024 | ||
| 506 | Studio | 430 sqft | AED 1.28MAED 1,275,000 · Apr 2024April 2024 | ||
| 507 | 2-bed | 1,257 sqft | AED 3.41MAED 3,412,000 · May 2024May 2024 | ||
| 508 | 2-bed | 1,457 sqft | AED 3.48MAED 3,481,750 · Sep 2025September 2025 | ||
| 509 | 1-bed | 776 sqft | AED 1.95MAED 1,951,000 · Apr 2024April 2024 | ||
| 510 | 1-bed | 823 sqft | AED 2.2MAED 2,195,000 · Mar 2024March 2024 | ||
| 511 | Studio | 433 sqft | AED 1.29MAED 1,286,000 · Mar 2024March 2024 | ||
| 512 | Studio | 430 sqft | AED 1.28MAED 1,275,000 · Apr 2024April 2024 | ||
| 513 | Studio | 370 sqft | AED 1.04MAED 1,040,000 · Oct 2024October 2024 | ||
| 514 | 1-bed | 858 sqft | AED 2.37MAED 2,366,000 · Oct 2024October 2024 |
502, Canal Crown 2 in numbers
- Sold once: by One Quantem Real Estate Development on 15 March 2024 for AED 1,193,000, or AED 2,815 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 15 March 2024.
Questions about 502, Canal Crown 2
What did unit 502 last sell for?
AED 1,193,000 on 15 March 2024, sold by the developer: AED 2,815 per sqft for 424 sqft. It is the only registered sale of the unit.
How big is unit 502?
424 sqft (39.4 sqm): a studio on the 5th floor of a 36-storey tower completed in 2027.
What is unit 502 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 502, Canal Crown 2
Starts from the last sale price (AED 1.19M, 15 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,193,000
- Deposit, UAE resident (20%)
- AED 238,600
- Deposit, non-resident (40%)
- AED 477,200
- Monthly over 25 years at 3.7%
- AED 4,881
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →