Unit 505, Luxury Canal Residences: what it sold for and what it is worth now

Unit 505 at Luxury Canal Residences is a 2 bed of 1,200 sq ft. It last sold for AED 2,328,968 on 21 Nov 2025. At AED 2,013 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 2,415,000 today.

Value todayAED 2,415,000AED 2,383,000 to AED 2,453,000
Last saleAED 2,328,96821 Nov 2025 · Off-plan
Change since last sale+3.7%Building trend alone: AED 2,328,968
Bedrooms2 bed
Size1,200 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingLuxury Canal Residences, handed over 2027
Registered sales of this unit1

Every registered sale of unit 505

DatePriceSizeAED/sq ftType
21 Nov 2025AED 2,328,9681,200 sq ft1,941Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30516 Oct 2025AED 2,430,0001,200 sq ft2,025Off-plan
70510 Sep 2025AED 2,400,9981,200 sq ft2,001Off-plan
6054 Jun 2025AED 2,614,5001,244 sq ft2,102Off-plan

Latest 2 bed sales in Luxury Canal Residences

UnitDatePriceSizeAED/sq ftType
7017 May 2026AED 2,988,0001,244 sq ft2,402Off-plan
70810 Nov 2025AED 2,400,1371,200 sq ft2,000Off-plan
30516 Oct 2025AED 2,430,0001,200 sq ft2,025Off-plan
80815 Oct 2025AED 2,490,0001,244 sq ft2,002Off-plan
50815 Oct 2025AED 2,726,5001,200 sq ft2,272Off-plan
70410 Sep 2025AED 2,487,7551,244 sq ft2,000Off-plan
70510 Sep 2025AED 2,400,9981,200 sq ft2,001Off-plan
70110 Sep 2025AED 2,487,1091,244 sq ft1,999Off-plan

How we worked out the value

We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,013). We multiplied it by the size of this unit (1,200 sq ft). The range uses the middle half of those sales (AED 1,986 to AED 2,044 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,328,968. Floor, view, condition and upgrades can move the price either way. Sales data to 7 May 2026, from the Dubai Land Department register.

Questions

What is unit 505 at Luxury Canal Residences worth?

About AED 2,415,000 (range AED 2,383,000 to AED 2,453,000), based on AED 2,013 per sq ft from registered sales up to 7 May 2026.

When did unit 505 last sell?

21 Nov 2025, for AED 2,328,968 (off-plan). It has 1 registered sale.

Sales alert for Luxury Canal ResidencesAll sales in Luxury Canal Residences

Unit 504 · Unit 506