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GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C

Canal Crown 1

Under Construction · Date not reported|327 units · 1 tower
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Canal Crown 1 is an under-construction development by GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 327 registered units. 342 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,828 per sqft. At AED 2,828 per sqft, Canal Crown 1 prices 14% above the Business Bay median of AED 2,491 per sqft on registered sales.

PIX© price · ↑6.1% YoY
2.47MAED
Typical
2,828AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
342
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 34
…

1 Bed on Floor 34, Canal Crown 1

Size
Record
Mar 2024 to Feb 2026
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 323 Feb 20267 mo
Current owner
2Owner 216 Dec 20252 mo
1Owner 119 Mar 202421 mo
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1 Bed · Floor 34 · Canal Crown 1
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Canal Crown 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
425 - 3,756 sqft
3272.47M2,828↑6.1%
Residential
Studio · Apartment
425 - 463 sqft
88
1 Bed · Apartment
790 - 1,285 sqft
166
2 Bed · Apartment
1,192 - 1,549 sqft
66
3 Bed · Apartment
1,718 - 2,015 sqft
4-
Commercial
Shop
2,022 - 3,756 sqft
3---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide342 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Sep 20261 BedCanal Crown 1 · Floor 298572,388,0002,785-StandardOff-Plan Sale
21 Apr 20262 BedCanal Crown 1 · Floor 31,3113,534,0002,696-StandardOff-Plan Sale
20 Apr 2026StudioCanal Crown 1 · Floor 44351,126,0002,5910.0%StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Canal Crown 1

Answered from Dubai Land Department registered transactions.

How much does a property in Canal Crown 1 cost?

Property in Canal Crown 1 sells at a current PIX© price of AED 2,828 per sqft, or about AED 2,474,472 for a typical unit, based on 342 sales registered with the Dubai Land Department.

When is Canal Crown 1 handing over?

Canal Crown 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Canal Crown 1?

Canal Crown 1 is developed by GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Canal Crown 1?

Canal Crown 1 holds 327 registered units, per the Dubai Land Department unit register.

Have prices in Canal Crown 1 gone up or down?

Price per sqft has risen +6.1% over the last 12 months, to AED 2,828, across 342 registered sales.