Unit 1103, Canal Bay: what it sold for and what it is worth now

Unit 1103 at Canal Bay is a 2 bed of 1,228 sq ft. It last sold for AED 2,680,000 on 10 Mar 2025. At AED 2,199 per sq ft, from 15 sales of units ending 03 (same position in the tower), it is worth about AED 2,700,000 today.

Value todayAED 2,700,000AED 2,660,000 to AED 2,734,000
Last saleAED 2,680,00010 Mar 2025 · Resale
Change since last sale+0.7%Building trend alone: AED 2,656,365
Rent (median asking, 2 bed)AED 140,000Gross yield 5.2%
Bedrooms2 bed
Size1,228 sq ft
Floor11 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingCanal Bay by NED Properties, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1103

DatePriceSizeAED/sq ftType
10 Mar 2025AED 2,680,0001,228 sq ft2,182Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80314 Apr 2026AED 2,750,0001,228 sq ft2,239Resale
50323 Jan 2026AED 2,850,0001,228 sq ft2,321Resale
60326 Dec 2025AED 2,700,0001,228 sq ft2,199Resale
16038 Dec 2025AED 2,775,0001,228 sq ft2,260Resale
17034 Sep 2025AED 2,720,0001,229 sq ft2,213Resale
140328 Aug 2025AED 2,750,0001,228 sq ft2,239Resale
150312 Aug 2025AED 2,700,0001,228 sq ft2,199Resale
2036 Aug 2025AED 2,620,0001,228 sq ft2,134Resale

Latest 2 bed sales in Canal Bay

UnitDatePriceSizeAED/sq ftType
80117 Sep 2026AED 2,600,0001,264 sq ft2,057Resale
50517 Sep 2026AED 2,450,0001,327 sq ft1,846Resale
70129 Jul 2026AED 2,700,0001,264 sq ft2,136Resale
90419 Jun 2026AED 1,977,0001,112 sq ft1,778Resale
50613 May 2026AED 2,300,0001,326 sq ft1,735Resale
120111 May 2026AED 2,450,0001,264 sq ft1,938Resale
80629 Apr 2026AED 2,270,0001,326 sq ft1,712Resale
90721 Apr 2026AED 2,100,0001,100 sq ft1,909Resale

How we worked out the value

We took the 15 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,199). We multiplied it by the size of this unit (1,228 sq ft). The range uses the middle half of those sales (AED 2,166 to AED 2,226 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,656,365. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1103 at Canal Bay worth?

About AED 2,700,000 (range AED 2,660,000 to AED 2,734,000), based on AED 2,199 per sq ft from registered sales up to 17 Sep 2026.

When did unit 1103 last sell?

10 Mar 2025, for AED 2,680,000 (resale). It has 1 registered sale.

What rent can unit 1103 make?

A 2 bed in Canal Bay rents for about AED 140,000 a year (median asking rent). That is a gross yield of 5.2% on the estimate.

Sales alert for Canal BayAll sales in Canal Bay

Unit 1102 · Unit 1104