2-bed · 1,200 sqftLuxury Canal Residences, Dubai Islands · 7th floor

708, 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.

Unit 708 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 2.4M10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Luxury Canal Residences

What is 708 worth today?

Last sold for AED 2,400,137 in 2025

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10 Nov 2025Sold by developerOff-plan
AED 2,400,137AED 2,000 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
7th of 9
Parking
1
Last sold
AED 2.4M · November 2025

About 708, Luxury Canal Residences

708 is a two-bedroom apartment of 1,200 sqft on the 7th floor of Luxury Canal Residences, a 9-storey tower in Dubai Islands. The developer sold it on 10 November 2025 for AED 2,400,137, 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 708 sits

All 24 2-beds →

708 last sold in November 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
16 Oct 20252,430,000
15 Oct 20252,490,000
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
7042-bedAED 2.49M · Sep 2025
7052-bedAED 2.4M · Sep 2025
7061-bedAED 1.83M · Jan 2026
7071-bedAED 1.66M · Sep 2025

708, Luxury Canal Residences in numbers

  • Sold once: by the developer on 10 November 2025 for AED 2,400,137, 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 November 2025.

Questions about 708, Luxury Canal Residences

What did unit 708 last sell for?

AED 2,400,137 on 10 November 2025, sold by the developer: AED 2,000 per sqft for 1,200 sqft. It is the only registered sale of the unit.

How big is unit 708?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 708 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 708, Luxury Canal Residences

Starts from the last sale price (AED 2.4M, 10 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,137
Deposit, UAE resident (20%)
AED 480,027
Deposit, non-resident (40%)
AED 960,055
Monthly over 25 years at 3.7%
AED 9,820

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