1-bed · 827 sqftCanal Crown 2, Business Bay · 7th floor · completed 2027

704, 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 704 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 2.22M30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Canal Crown 2

What is 704 worth today?

Last sold for AED 2,221,000 in 2024

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30 Apr 2024Sold by developerOff-plan
AED 2,221,000AED 2,687 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
7th of 36
Parking
1
Developer
One Quantem Real Estate Development
Completed
2027
Last sold
AED 2.22M · April 2024

About 704, Canal Crown 2

704 is a one-bedroom apartment of 827 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 30 April 2024 for AED 2,221,000, or AED 2,687 per sqft, 3% below the AED 2,778 one-beds 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

Sales
Unit 704, each saleTypical one-bed in Canal Crown 2
2.25M2.5M2024202520262027Typical sale price by year: 2024 AED 2,382,500; 2025 AED 2,664,000; 2026 AED 2,517,000Sold by developer, April 2024: AED 2,221,000 (AED 2,687 per sqft)

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

1-beds in Canal Crown 2, and where 704 sits

All 175 1-beds →

704 last sold in April 2024 at AED 2,687 per sqft, 3% below what one-beds in Canal Crown 2 were fetching at the time (AED 2,778). Over the last 12 months one-beds sold for AED 2,193,170 to 2,545,000, around AED 2,884 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20262,545,000
4 May 20262,416,000
27 Apr 20262,193,170
26 Jan 20262,542,000
7 1-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
7012-bedAED 3.37M · Jun 2024
702StudioAED 1.2M · Mar 2024
703StudioAED 1.32M · 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

704, Canal Crown 2 in numbers

  • Sold once: by One Quantem Real Estate Development on 30 April 2024 for AED 2,221,000, or AED 2,687 per sqft.
  • One-beds in Canal Crown 2 sold for AED 2,193,170–2,545,000 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 30 April 2024.

Questions about 704, Canal Crown 2

What did unit 704 last sell for?

AED 2,221,000 on 30 April 2024, sold by the developer: AED 2,687 per sqft for 827 sqft. It is the only registered sale of the unit.

How big is unit 704?

827 sqft (76.8 sqm): a one-bedroom apartment on the 7th floor of a 36-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. One-beds in Canal Crown 2 sold for AED 2,193,170 to 2,545,000 in the last 12 months, around AED 2,884 per sqft.

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Mortgage on 704, Canal Crown 2

Starts from the last sale price (AED 2.22M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,221,000
Deposit, UAE resident (20%)
AED 444,200
Deposit, non-resident (40%)
AED 888,400
Monthly over 25 years at 3.7%
AED 9,087

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