Studio · 592 sqftCanal Residence West - Arabian, Dubai Sports City · 4th floor · completed 2020

401, Canal Residence West - Arabian

Sold prices and rental history: sold once, by the developer in March 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 490K11 March 2024
Current rentAED 47K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Canal Residence West - Arabian

What is 401 worth today?

Last sold for AED 490,300 in 2024

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5 Apr 2026RentedRenewal
AED 47,000/yr12 months · AED 79 per sqft
5 Apr 2025RentedRenewal
AED 47,000/yr12 months · AED 79 per sqft
5 Apr 2025RentedRenewal
AED 47,000/yr12 months · AED 79 per sqft
5 Apr 2024RentedNew contract
AED 44,000/yr12 months · AED 74 per sqft
11 Mar 2024Sold by developerReady
AED 490,300AED 827 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
Studio apartment
Size
592 sqft
Floor
4th of 12
Parking
B2-A-69
Developer
Dubai Sports City
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 490K · March 2024

About 401, Canal Residence West - Arabian

401 is a studio of 592 sqft on the 4th floor of Canal Residence West - Arabian, a 12-storey tower in Dubai Sports City completed in 2020 by Dubai Sports City. The developer sold it on 11 March 2024 for AED 490,300, or AED 827 per sqft, in line with the AED 829 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 47,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical studio in Canal Residence West - Arabian
400K600K20192021202320252027Typical sale price by year: 2019 AED 529,975; 2020 AED 700,000; 2022 AED 364,703; 2023 AED 440,581; 2024 AED 464,927; 2025 AED 550,000; 2026 AED 545,000Sold by developer, March 2024: AED 490,300 (AED 827 per sqft)

401 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 401, each contractTypical studio in Canal Residence West - Arabian
30K40K50K2021202320252027Typical rent by year: 2021 AED 27,500; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 45,000New contract, April 2024: AED 44,000 a yearRenewal, April 2025: AED 47,000 a yearRenewal, April 2025: AED 47,000 a yearRenewal, April 2026: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Canal Residence West - Arabian, and where 401 sits

All 45 studios →

401 last sold in March 2024 at AED 827 per sqft, in line with what studios in Canal Residence West - Arabian were fetching at the time (AED 829). Over the last 12 months studios sold for AED 500,000 to 565,000, around AED 1,008 per sqft, and rent for AED 30,000 to 56,004 a year. 401's AED 47,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026550,000
1 Jul 2026500,000
21 May 2026565,000
29 Jan 2026540,000
6 studio sales in the last 12 months

Canal Residence West - Arabian

Building

174 apartments, studios to 4-bed over 12 floors in Dubai Sports City, completed in 2020 by Dubai Sports City. 16 sold in the last 12 months.

Typical price per sqft
AED 988 Up 5.8%
Typical sale
AED 868K
Typical rent
AED 59K /yr
Typical yield
7.8%
Canal Residence West - Arabian, Dubai Sports City: prices, sales and rents →
Value
4021-bedAED 603K · Sep 2022
4031-bedAED 615K · Jun 2022
404StudioAED 441K · Dec 2023
405StudioAED 441K · Dec 2023
4061-bedAED 706K · Jul 2023
4071-bedAED 662K · Apr 2023
410StudioAED 449K · Jun 2023
1–7 of 18

401, Canal Residence West - Arabian in numbers

  • Sold once: by Dubai Sports City on 11 March 2024 for AED 490,300, or AED 827 per sqft.
  • Rented since April 2024 on 4 Ejari contracts, from AED 44,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 9,100 a year (AED 15.34 per sqft).
  • Studios in Canal Residence West - Arabian sold for AED 500,000–565,000 in the 12 months to November 2026; the building's median across all types is AED 988 per sqft.

Source: Dubai Land Department. Updated 5 April 2026.

Questions about 401, Canal Residence West - Arabian

What did unit 401 last sell for?

AED 490,300 on 11 March 2024, sold by the developer: AED 827 per sqft for 592 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 47,000 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 47,000; the unit has been rented since April 2024.

How big is unit 401?

592 sqft (55.0 sqm): a studio on the 4th floor of a 12-storey tower completed in 2020.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Residence West - Arabian sold for AED 500,000 to 565,000 in the last 12 months, around AED 1,008 per sqft.

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Mortgage on 401, Canal Residence West - Arabian

Starts from the last sale price (AED 490K, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,300
Deposit, UAE resident (20%)
AED 98,060
Deposit, non-resident (40%)
AED 196,120
Monthly over 25 years at 3.7%
AED 2,006

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