
Sold Prices · DLD Data
Business Bay, Dubai · Business Bay
AED 2,824
Avg Price / sqft
AED 2.4M
Avg Sale Price
9
DLD Sales Recorded
4%
Est. Gross Yield
Market snapshot
Canal Crown 2 is a residential building in Business Bay, Dubai with approximately 351 units. Dubai Land Department records show 9 sales in the building, at an average price of AED 2.4M — around AED 2,824 per square foot.
Since January 2026, 9 sales completed in Canal Crown 2, with the average price per square foot moving from AED 2,947 to AED 2,884 (-2.1%). Prices have held broadly steady, a sign of a balanced market in the tower.
Benchmarked against average residential rents in Business Bay, a typical unit in Canal Crown 2 returns an estimated 4% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.
Figures are from Dubai Land Department transaction records for Canal Crown 2; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.
Price trend
Average sale price per sqft by month since January 2026-2.1%
Unit types
Studio
AED 1.0M
AED 2,765/sqft
1 sale · last 12 months
1 Bed
AED 2.4M
AED 2,872/sqft
7 sales · last 12 months
2 Bed
AED 3.7M
AED 2,545/sqft
1 sale · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 01 Sept 2026 | Sales | 1 | 882 | AED 2.5M | AED 2,884 |
| 04 Jun 2026 | Sales | 0 | 370 | AED 1.0M | AED 2,765 |
| 04 May 2026 | Sales | 1 | 852 | AED 2.4M | AED 2,834 |
| 27 Apr 2026 | Sales | 1 | 845 | AED 2.2M | AED 2,595 |
| 25 Feb 2026 | Sales | 2 | 1,457 | AED 3.7M | AED 2,545 |
| 26 Jan 2026 | Sales | 1 | 849 | AED 2.5M | AED 2,966 |
| 26 Jan 2026 | Sales | 1 | 849 | AED 2.5M | AED 2,992 |
| 26 Jan 2026 | Sales | 1 | 849 | AED 2.5M | AED 2,963 |
| 09 Jan 2026 | Sales | 1 | 836 | AED 2.4M | AED 2,865 |
About the area
Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.
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FAQ
The average recorded sale price in Canal Crown 2, Business Bay is AED 2.4M, around AED 2,824 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Canal Crown 2 have eased -2.1% per square foot since January 2026, across 9 DLD-recorded sales.
Based on average Business Bay residential rents against sale prices in the building, a typical unit in Canal Crown 2 yields roughly 4% gross per year, before service charges and fees.
9 sales have been recorded in Canal Crown 2 according to DLD data, across approximately 351 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.