505, Luxury Canal Residences
Sold prices and rental history: sold once, by the developer in November 2025, 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 505, Luxury Canal Residences
What is 505 worth today?
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Source: Dubai Land Department. Updated 21 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 5th of 9
- Parking
- 1
- Last sold
- AED 2.33M · November 2025
- Building
- Luxury Canal Residences
About 505, Luxury Canal Residences
505 is a two-bedroom apartment of 1,201 sqft on the 5th floor of Luxury Canal Residences, a 9-storey tower in Dubai Islands. The developer sold it on 21 November 2025 for AED 2,328,968, or AED 1,940 per sqft, 7% below the AED 2,096 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
2-beds in Luxury Canal Residences, and where 505 sits
All 24 2-beds →505 last sold in November 2025 at AED 1,940 per sqft, 7% below what two-beds in Luxury Canal Residences were fetching at the time (AED 2,096). Over the last 12 months two-beds sold for AED 2,328,968 to 2,988,000, around AED 2,000 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20267 May 2026 | 1,244 sqft | 2,988,000 | 2,402 | ||
| 10 Nov 202510 November 2025 | 1,200 sqft | 2,400,137 | 2,000 | ||
| 16 Oct 202516 October 2025 | 1,201 sqft | 2,430,000 | 2,024 | ||
| 15 Oct 202515 October 2025 | 1,244 sqft | 2,490,000 | 2,001 |
Luxury Canal Residences
Building53 apartments, 1-bed to 2-bed over 9 floors in Dubai Islands. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,000
- Typical sale
- AED 2.33M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 53 units in Luxury Canal Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,244 sqft | AED 2.75MAED 2,750,000 · Aug 2025August 2025 | ||
| 502 | 1-bed | 830 sqft | AED 1.8MAED 1,800,000 · Oct 2025October 2025 | ||
| 503 | 1-bed | 830 sqft | AED 1.68MAED 1,677,000 · Aug 2025August 2025 | ||
| 504 | 2-bed | 1,244 sqft | AED 2.41MAED 2,413,122 · Sep 2025September 2025 | ||
| 506 | 1-bed | 830 sqft | AED 1.61MAED 1,610,836 · Dec 2025December 2025 | ||
| 507 | 1-bed | 830 sqft | AED 1.75MAED 1,750,000 · Aug 2025August 2025 | ||
| 508 | 2-bed | 1,200 sqft | AED 2.73MAED 2,726,500 · Oct 2025October 2025 |
505, Luxury Canal Residences in numbers
- Sold once: by the developer on 21 November 2025 for AED 2,328,968, or AED 1,940 per sqft.
- Two-beds in Luxury Canal Residences sold for AED 2,328,968–2,988,000 in the 12 months to November 2026; the building's median across all types is AED 2,000 per sqft.
Source: Dubai Land Department. Updated 21 November 2025.
Questions about 505, Luxury Canal Residences
What did unit 505 last sell for?
AED 2,328,968 on 21 November 2025, sold by the developer: AED 1,940 per sqft for 1,201 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Luxury Canal Residences sold for AED 2,328,968 to 2,988,000 in the last 12 months, around AED 2,000 per sqft.
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Mortgage on 505, Luxury Canal Residences
Starts from the last sale price (AED 2.33M, 21 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,328,968
- Deposit, UAE resident (20%)
- AED 465,794
- Deposit, non-resident (40%)
- AED 931,587
- Monthly over 25 years at 3.7%
- AED 9,529
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →