Canal Crown 2, Business Bay

    Sold Prices · DLD Data

    Canal Crown 2

    Business Bay, Dubai · Business Bay

    AED 2,816

    Avg Price / sqft

    AED 2.4M

    Avg Sale Price

    8

    DLD Sales Recorded

    4.6%

    Est. Gross Yield

    Market snapshot

    Canal Crown 2 — the numbers

    Canal Crown 2 is a residential building in Business Bay, Dubai with approximately 351 units. Dubai Land Department records show 8 sales in the building, at an average price of AED 2.4M — around AED 2,816 per square foot.

    Since January 2026, 8 sales completed in Canal Crown 2, with the average price per square foot moving from AED 2,947 to AED 2,765 (-6.2%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Canal Crown 2 returns an estimated 4.6% 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

    Price trend in Canal Crown 2

    Average sale price per sqft by month since January 2026-6.2%

    2,5952,7462,897Jan 26: AED 2,947/sqft · 4 salesJan 26Feb 26: AED 2,545/sqft · 1 saleFeb 26Apr 26: AED 2,595/sqft · 1 saleApr 26May 26: AED 2,834/sqft · 1 saleMay 26Jun 26: AED 2,765/sqft · 1 saleJun 26

    Unit types

    Prices by unit type

    Studio

    AED 1.0M

    AED 2,765/sqft

    1 sale · last 12 months

    1 Bed

    AED 2.4M

    AED 2,869/sqft

    6 sales · last 12 months

    2 Bed

    AED 3.7M

    AED 2,545/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    04 Jun 2026Sales0370AED 1.0MAED 2,765
    04 May 2026Sales1852AED 2.4MAED 2,834
    27 Apr 2026Sales1845AED 2.2MAED 2,595
    25 Feb 2026Sales21,457AED 3.7MAED 2,545
    26 Jan 2026Sales1849AED 2.5MAED 2,966
    26 Jan 2026Sales1849AED 2.5MAED 2,992
    26 Jan 2026Sales1849AED 2.5MAED 2,963
    09 Jan 2026Sales1836AED 2.4MAED 2,865

    About the area

    Canal Crown 2 is in Business Bay

    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.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

    FAQ

    Canal Crown 2: frequently asked questions

    What is the average price in Canal Crown 2?

    The average recorded sale price in Canal Crown 2, Business Bay is AED 2.4M, around AED 2,816 per square foot, based on Dubai Land Department transaction data.

    Are prices in Canal Crown 2 going up or down?

    Average sale prices in Canal Crown 2 have eased -6.2% per square foot since January 2026, across 8 DLD-recorded sales.

    What rental yield can I expect in Canal Crown 2?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Canal Crown 2 yields roughly 4.6% gross per year, before service charges and fees.

    How many properties have sold in Canal Crown 2?

    8 sales have been recorded in Canal Crown 2 according to DLD data, across approximately 351 units.

    Considering Canal Crown 2?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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