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Canal Crown 1

What people actually paid in Canal Crown 1: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

342 sales are on record at the Dubai Land Department, below.

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in Canal Crown 1? Our team can walk you through what these numbers mean for you.

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Community
Business Bay
Nearest metro
Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
First on record
2023 — an off-plan sale
Sales on record
342 — registered at the Dubai Land Department, the latest September 2026
Off-plan share
100% — 342 bought off-plan from the developer, 0 resales of a completed home

Recorded rents and gross yield for Canal Crown 1 →

How Canal Crown 1 compares — every tower in Business Bay, ranked by recorded price →

Living in Business Bay — the area guide →

What a mortgage on a home in Canal Crown 1 costs a month — and the cash you need on the day →

Median sale price
AED 3.49M
15 sales · the last 12 months
Mean AED 3.06M
Median per sq ft
AED 2,785
+0.3% on the year before
Mean AED 2,810
Against Business Bay
20 of 100
Community median AED 2,500 / sq ft
Activity, 90 days
No sales
below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

2,935
2,731
2,770
2,785
2023202420252026

The low was 2024 at AED 2,731 a square foot, and it has recovered 2% since. It is still 5% below its 2023 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio439 sqft1,283,5001,251,8092,93528
1 B/R848 sqft2,318,0002,341,2562,690137
2 B/R1,367 sqft3,796,9103,907,5882,80650

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Canal Crown 1

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
11 Sept 20261 B/R8572,388,0002,785
22 Apr 20262 B/R1,3113,534,0002,696
20 Apr 2026Studio4351,126,0002,591
16 Apr 20263 B/R2,0146,410,2503,183
14 Apr 2026Studio4271,194,0002,798
7 Apr 20262 B/R1,4614,255,0002,913
26 Mar 20262 B/R1,3003,490,0002,686
25 Feb 20262 B/R1,3123,524,0002,685
23 Feb 20261 B/R8752,640,0003,017
10 Feb 2026Studio4391,304,0002,969
6 Feb 20262 B/R1,3003,490,0002,684
2 Feb 20262 B/R1,4614,259,0002,915

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

149
113
67
13
2023202420252026

Of the 342 sales on record, 342 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Canal Crown 1 is the 20th most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
17Damac Towers by Paramount Tower A2082,849
18Canal Heights 2272,842
19Canal Heights312,811
20Canal Crown 1152,785
21One B Tower242,768
22Downtown Residences3612,767
23Peninsula One742,758

Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Canal Crown 1 sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Business Bay.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Four57New to resale
2Regalia By Deyaar37New to resale
3Peninsula Three321.2×
4Peninsula Two225.9×
5Aykon City Tower C181.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Business Bay

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Skyparksnewest8320264,250
Avarra by Palacenewest15620263,490
Rove Home Marasi Drive79720242,891
Canal Crown 234920242,875
Canal Heights 249920232,862
Canal Heights46420232,831
Downtown Residences39920252,763
Binghatti Aquarise - TOWER E2520252,750
The Crestmark19020242,716
Binghatti Skyhall65020252,663

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Questions about Canal Crown 1? Our team is a message away.

Sam McCone

Sam McCone

Buying off-plan