508, Luxury Canal Residences
Sold prices and rental history: sold once, by the developer in October 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 508, Luxury Canal Residences
What is 508 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 5th of 9
- Parking
- 1
- Last sold
- AED 2.73M · October 2025
- Building
- Luxury Canal Residences
About 508, Luxury Canal Residences
508 is a two-bedroom apartment of 1,200 sqft on the 5th floor of Luxury Canal Residences, a 9-storey tower in Dubai Islands. The developer sold it on 15 October 2025 for AED 2,726,500, or AED 2,271 per sqft, 8% above the AED 2,101 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 508 sits
All 24 2-beds →508 last sold in October 2025 at AED 2,271 per sqft, 8% above what two-beds in Luxury Canal Residences were fetching at the time (AED 2,101). 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 | ||
| 21 Nov 202521 November 2025 | 1,201 sqft | 2,328,968 | 1,940 | ||
| 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 |
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 | ||
| 505 | 2-bed | 1,201 sqft | AED 2.33MAED 2,328,968 · Nov 2025November 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, Luxury Canal Residences in numbers
- Sold once: by the developer on 15 October 2025 for AED 2,726,500, or AED 2,271 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 15 October 2025.
Questions about 508, Luxury Canal Residences
What did unit 508 last sell for?
AED 2,726,500 on 15 October 2025, sold by the developer: AED 2,271 per sqft for 1,200 sqft. It is the only registered sale of the unit.
How big is unit 508?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 508 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 508, Luxury Canal Residences
Starts from the last sale price (AED 2.73M, 15 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,726,500
- Deposit, UAE resident (20%)
- AED 545,300
- Deposit, non-resident (40%)
- AED 1,090,600
- Monthly over 25 years at 3.7%
- AED 11,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →