701, Luxury Canal Residences
Sold prices and rental history: sold twice, last in May 2026, 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 701, Luxury Canal Residences
What is 701 worth today?
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Source: Dubai Land Department. Updated 7 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,244 sqft
- Floor
- 7th of 9
- Parking
- 1
- Last sold
- AED 2.99M · May 2026
- Building
- Luxury Canal Residences
About 701, Luxury Canal Residences
701 is a two-bedroom apartment of 1,244 sqft on the 7th floor of Luxury Canal Residences, a 9-storey tower in Dubai Islands. It last sold on 7 May 2026 for AED 2,988,000, or AED 2,402 per sqft, 14% 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 701 sits
All 24 2-beds →701 last sold in May 2026 at AED 2,402 per sqft, 14% 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 |
|---|---|---|---|---|---|
| 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 | ||
| 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 7th floor
All 53 units in Luxury Canal Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 703 | 1-bed | 830 sqft | AED 1.66MAED 1,660,656 · Sep 2025September 2025 | ||
| 704 | 2-bed | 1,244 sqft | AED 2.49MAED 2,487,755 · Sep 2025September 2025 | ||
| 705 | 2-bed | 1,201 sqft | AED 2.4MAED 2,400,998 · Sep 2025September 2025 | ||
| 706 | 1-bed | 830 sqft | AED 1.83MAED 1,826,000 · Jan 2026January 2026 | ||
| 707 | 1-bed | 830 sqft | AED 1.66MAED 1,660,656 · Sep 2025September 2025 | ||
| 708 | 2-bed | 1,200 sqft | AED 2.4MAED 2,400,137 · Nov 2025November 2025 |
701, Luxury Canal Residences in numbers
- Sold twice: first on 10 September 2025 for AED 2,487,109, last on 7 May 2026 for AED 2,988,000 (AED 2,402 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 7 May 2026.
Questions about 701, Luxury Canal Residences
What did unit 701 last sell for?
AED 2,988,000 on 7 May 2026: AED 2,402 per sqft for 1,244 sqft. The unit has 2 registered sales; the first was AED 2,487,109 in September 2025.
How big is unit 701?
1,244 sqft (115.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.
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 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 701, Luxury Canal Residences
Starts from the last sale price (AED 2.99M, 7 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,988,000
- Deposit, UAE resident (20%)
- AED 597,600
- Deposit, non-resident (40%)
- AED 1,195,200
- Monthly over 25 years at 3.7%
- AED 12,225
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →