2-bed · 1,244 sqftLuxury Canal Residences, Dubai Islands · 7th floor

704, Luxury Canal Residences

Sold prices and rental history: sold once, by the developer in September 2025, 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 10 September 2025
Last soldAED 2.49M10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Luxury Canal Residences

What is 704 worth today?

Last sold for AED 2,487,755 in 2025

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10 Sep 2025Sold by developerOff-plan
AED 2,487,755AED 2,000 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
7th of 9
Parking
1
Last sold
AED 2.49M · September 2025

About 704, Luxury Canal Residences

704 is a two-bedroom apartment of 1,244 sqft on the 7th floor of Luxury Canal Residences, a 9-storey tower in Dubai Islands. The developer sold it on 10 September 2025 for AED 2,487,755, or AED 2,000 per sqft, 5% below 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 704 sits

All 24 2-beds →

704 last sold in September 2025 at AED 2,000 per sqft, 5% below 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 salesUnit no.Price (AED)Summary
7 May 20262,988,000
21 Nov 20252,328,968
10 Nov 20252,400,137
16 Oct 20252,430,000
3 2-bed sales in the last 12 months

Luxury Canal Residences

Building

53 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
Luxury Canal Residences, Dubai Islands: prices, sales and rents →

Other units on the 7th floor

All 53 units in Luxury Canal Residences
Value
7012-bedAED 2.99M · May 2026
7031-bedAED 1.66M · Sep 2025
7052-bedAED 2.4M · Sep 2025
7061-bedAED 1.83M · Jan 2026
7071-bedAED 1.66M · Sep 2025
7082-bedAED 2.4M · Nov 2025

704, Luxury Canal Residences in numbers

  • Sold once: by the developer on 10 September 2025 for AED 2,487,755, or AED 2,000 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 10 September 2025.

Questions about 704, Luxury Canal Residences

What did unit 704 last sell for?

AED 2,487,755 on 10 September 2025, sold by the developer: AED 2,000 per sqft for 1,244 sqft. It is the only registered sale of the unit.

How big is unit 704?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 704 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 704, Luxury Canal Residences

Starts from the last sale price (AED 2.49M, 10 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,487,755
Deposit, UAE resident (20%)
AED 497,551
Deposit, non-resident (40%)
AED 995,102
Monthly over 25 years at 3.7%
AED 10,178

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