Studio · 461 sqftCanal Heights 1, Business Bay · 10th floor · completed 2026

1007, Canal Heights 1

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.35M15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Canal Heights 1

What is 1007 worth today?

Last sold for AED 1,348,000 in 2024

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15 Nov 2024Sold by developerOff-plan
AED 1,348,000AED 2,923 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
10th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1.35M · November 2024

About 1007, Canal Heights 1

1007 is a studio of 461 sqft on the 10th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . The developer sold it on 15 November 2024 for AED 1,348,000, or AED 2,923 per sqft, 4% above the AED 2,810 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Canal Heights 1
1.3M1.35M20232024202520262027Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,317,000; 2025 AED 1,302,000; 2026 AED 1,286,500Sold by developer, November 2024: AED 1,348,000 (AED 2,923 per sqft)

1007 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 1, and where 1007 sits

All 204 studios →

1007 last sold in November 2024 at AED 2,923 per sqft, 4% above what studios in Canal Heights 1 were fetching at the time (AED 2,810). Over the last 12 months studios sold for AED 1,100,000 to 1,359,000, around AED 2,813 per sqft.

Recent studio salesUnit no.Price (AED)Summary
12 Aug 20261,314,000
4 Aug 20261,295,000
6 Jul 20261,276,000
27 Mar 20261,359,000
10 studio sales in the last 12 months

Canal Heights 1

Building

408 apartments, studios to 3-bed over 41 floors in Business Bay, completed in 2026 by Vesta Real Estate Development . 30 sold in the last 12 months.

Typical price per sqft
AED 2,813 Down 2.6%
Typical sale
AED 2.91M
Typical rent
Few contracts
Typical yield
Canal Heights 1, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 408 units in Canal Heights 1
Value
10011-bedAED 1.97M · Aug 2023
1002StudioAED 1.33M · Aug 2023
1003StudioAED 1.35M · Aug 2023
1004StudioAED 1.35M · Aug 2023
1005StudioAED 1.29M · Aug 2023
1006StudioAED 1.3M · Aug 2023
10081-bedAED 1.97M · Aug 2023
1–7 of 15

1007, Canal Heights 1 in numbers

  • Sold once: by Vesta Real Estate Development on 15 November 2024 for AED 1,348,000, or AED 2,923 per sqft.
  • Studios in Canal Heights 1 sold for AED 1,100,000–1,359,000 in the 12 months to November 2026; the building's median across all types is AED 2,813 per sqft.

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 1007, Canal Heights 1

What did unit 1007 last sell for?

AED 1,348,000 on 15 November 2024, sold by the developer: AED 2,923 per sqft for 461 sqft. It is the only registered sale of the unit.

How big is unit 1007?

461 sqft (42.8 sqm): a studio on the 10th floor of a 41-storey tower completed in 2026.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Heights 1 sold for AED 1,100,000 to 1,359,000 in the last 12 months, around AED 2,813 per sqft.

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Mortgage on 1007, Canal Heights 1

Starts from the last sale price (AED 1.35M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,348,000
Deposit, UAE resident (20%)
AED 269,600
Deposit, non-resident (40%)
AED 539,200
Monthly over 25 years at 3.7%
AED 5,515

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →