What is the rental yield in Canal Crown 1?

No gross yield is published for Canal Crown 1 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 7 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.6% gross.

How much does a 1 bedroom in Canal Crown 1 cost?

The median registered sale price is AED 2.64M (2,930 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

Have prices in Canal Crown 1 risen or fallen?

Median price per square foot moved +5.6% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How many apartments change hands in Canal Crown 1?

7 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Which metro station is closest to Canal Crown 1?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Canal Crown 1

Under construction · 18% built · handover Q1 2027
45 floors
6 lifts
345 parking bays
1 pool

A 1 bed in Canal Crown 1 costs a median AED 2.64M.

1 bed · typical price

2.64MAED

AED 2,930/sqft · +5.6% on a year

vs Business Bay: 48% above the median

Cost to buy, all inAED 2.81M

Price: AED 2.64M
DLD fee 4%: AED 105,600
Agent 2% + VAT: AED 55,440
Trustee: AED 4,200

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Is Canal Crown 1 a good investment?Prices rising; lots of new supply is coming; no record of the yield and the rent trend

Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
Is it easy to let?None of the 324 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
Are prices going up?1 bed: AED 2,774/sqft a year ago, 2,930 now+5.6%Strength
How fast do fees pay back?AED 165,240 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 165,240
Can I sell easily?18 sales in 12 months, 6% of the tower (66 the year before)18Fair
Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
Did earlier buyers gain?Launch buyers still 1% down, before fees-0.6%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Canal Crown 1 prices and rents by unit typeA one-bed costs about AED 2.64M

Type	Median price	New rent	12-month change	Sales
Studio88 units · 442 sqft	AED 1.19M2,798/sqft	not yet let	not yet let	under 5 sales in a year	3
1 bed166 units · 849 sqft	AED 2.64M2,930/sqft	not yet let	not yet let	+5.6%	7
2 bed66 units · 1,383 sqft	AED 3.53M2,696/sqft	not yet let	not yet let	-3.7%	7
3 bed4 units · 1,868 sqft	AED 6.41M3,183/sqft	not yet let	not yet let	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Business Bay · area median AED 1,985/sqft

12-month change: +5.6%
3 years: +9.2% · +3.0%/yr
vs area median: +47.6%
Rank by price per sqft: 13th of 121

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,829 · before fees

Launch, 2023–26: 2,846; −1%; 233 sales
3 years ago: 2,935; −4%; 149 sales
Previous 12 months: 2,768; +2%; 66 sales
Last 12 months: 2,829; today; 18 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Canal Crown 1 places 27th of 150; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
23	Binghatti Aquarise - TOWER E21% · Q4 2026 · off-plan 2,750/sqft	AED 3.88M	2,897+2.4%	—	+25.2%	18
24	The Opus By OmniyatCompleted 2017 · off-plan 3,719/sqft	AED 3.27M	2,894+2.3%	6.1%	-18.6%	20
25	Canal Crown 215% · Q1 2027 · off-plan 2,876/sqft	AED 2.54M	2,884+2.0%	—	+0.7%	15
26	Peninsula Five - 2Completed 2024 · off-plan 1,926/sqft	AED 5.60M	2,879+1.7%	2.4%	+4.5%	6
27	Canal Crown 1 · this building18% · Q1 2027 · off-plan 2,816/sqft	AED 2.83M	2,829	—	+2.2%	18
28	One.B Tower2% · Q4 2028 · off-plan 2,481/sqft	AED 3.95M	2,828-0.1%	—	+17.4%	40
29	Binghatti Skyrise - TOWER C0% · Q4 2026 · off-plan 2,500/sqft	AED 1.54M	2,821-0.3%	—	+13.5%	128
30	Canal Heights36% · Q4 2026 · off-plan 2,831/sqft	AED 3.04M	2,814-0.5%	—	-2.6%	34
31	Canal Heights 218% · Q1 2027 · off-plan 2,863/sqft	AED 3.48M	2,785-1.6%	4.8%	-3.5%	29

Rank 1 is the dearest per square foot. Differences are against Canal Crown 1 (AED 2,829/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Canal Crown 1 has registered sale prices 48% above the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 13th of 121 by price per square foot in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted

Find service-charge budget evidence for Canal Crown 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Canal Crown 1

Canal Crown 1 is an under-construction (18% built) apartment building in Business Bay. 342 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors: 45
Lifts: 6
Parking bays: 345
Pools: 1

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Canal Crown 1: AED 2,829 per sq ft, 38% above the median Business Bay building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Canal Crown 1AED 2,829
Business Bay, readyAED 1,869
Business Bay, off-planAED 2,685
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Business Bay, by handover quarter

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around Canal Crown 1, on the map

Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Canal Crown 1 is the inverted pinOpen in Apple Maps

Peninsula Four

Business Bay · 215 sales, 12 months

2.04M

AED, resale median · 2,517/sqft

Al Habtoor Tower

Business Bay · 205 sales, 12 months

3.44M

AED, resale median · 2,733/sqft

Peninsula Three

Business Bay · 164 sales, 12 months

1.74M

AED, resale median · 2,656/sqft

Regalia By Deyaar

Business Bay · 105 sales, 12 months

1.28M

AED, resale median · 1,782/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 1 bed
7 registered sales in 12 months
On record
Rental evidence · 1 bed
No Ejari contract registered: not yet let
Read with care
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
Not on record
Project register
Canal Crown: not recorded complete, 18.2% built, planned 2027-02-28 · register data to 2026-07-06
On record
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Canal Crown 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: —; 4.5% over 25 years
Monthly rent: —
Cash needed at purchase: —

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

Ask about Canal Crown 1

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Common questions

What is the rental yield in Canal Crown 1?: No gross yield is published for Canal Crown 1 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 7 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.6% gross.
How much does a 1 bedroom in Canal Crown 1 cost?: The median registered sale price is AED 2.64M (2,930 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
Have prices in Canal Crown 1 risen or fallen?: Median price per square foot moved +5.6% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How many apartments change hands in Canal Crown 1?: 7 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Canal Crown 1?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Canal Crown 1 sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 7 registered sales in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /sale/apartments/dubai/business-bay/canal-crown-1
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Canal Crown 1 sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/canal-crown-1

Stable dataJSON