2-bed · 1,328 sqftCanal Crown 2, Business Bay · 7th floor · completed 2027

701, Canal Crown 2

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

Unit 701 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 3.37M27 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Canal Crown 2

What is 701 worth today?

Last sold for AED 3,367,000 in 2024

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27 Jun 2024Sold by developerOff-plan
AED 3,367,000AED 2,535 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,328 sqft
Floor
7th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completed
2027
Last sold
AED 3.37M · June 2024

About 701, Canal Crown 2

701 is a two-bedroom apartment of 1,328 sqft on the 7th 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 27 June 2024 for AED 3,367,000, or AED 2,535 per sqft, 10% below the AED 2,810 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Canal Crown 2
3.5M3.75M4M202420252026Typical sale price by year: 2024 AED 3,778,500; 2025 AED 3,905,300Sold by developer, June 2024: AED 3,367,000 (AED 2,535 per sqft)

701 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Crown 2, and where 701 sits

All 48 2-beds →

701 last sold in June 2024 at AED 2,535 per sqft, 10% below what two-beds in Canal Crown 2 were fetching at the time (AED 2,810). Over the last 12 months two-beds sold for AED 2,933,920 to 3,708,000, around AED 2,371 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,933,920
25 Feb 20263,708,000
7 Nov 20253,403,000
16 Oct 20253,936,000
2 2-bed 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 7th floor

All 342 units in Canal Crown 2
Value
702StudioAED 1.2M · Mar 2024
703StudioAED 1.32M · Apr 2024
7041-bedAED 2.22M · Apr 2024
705StudioAED 1.29M · Mar 2024
706StudioAED 1.28M · Mar 2024
7072-bedAED 3.44M · Apr 2024
7082-bedAED 3.58M · Aug 2024
1–7 of 13

701, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 27 June 2024 for AED 3,367,000, or AED 2,535 per sqft.
  • Two-beds in Canal Crown 2 sold for AED 2,933,920–3,708,000 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 27 June 2024.

Questions about 701, Canal Crown 2

What did unit 701 last sell for?

AED 3,367,000 on 27 June 2024, sold by the developer: AED 2,535 per sqft for 1,328 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,328 sqft (123.4 sqm): a two-bedroom apartment on the 7th floor of a 36-storey tower completed in 2027.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Crown 2 sold for AED 2,933,920 to 3,708,000 in the last 12 months, around AED 2,371 per sqft.

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Mortgage on 701, Canal Crown 2

Starts from the last sale price (AED 3.37M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,367,000
Deposit, UAE resident (20%)
AED 673,400
Deposit, non-resident (40%)
AED 1,346,800
Monthly over 25 years at 3.7%
AED 13,775

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