1016, 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.
Property timeline for 1016, Canal Heights 1
What is 1016 worth today?
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Source: Dubai Land Department. Updated 14 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 10th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 2.27M · November 2024
- Building
- Canal Heights 1
About 1016, Canal Heights 1
1016 is a one-bedroom apartment of 779 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 14 November 2024 for AED 2,265,000, or AED 2,906 per sqft, in line with the AED 2,951 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1016 over time
1016 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Canal Heights 1, and where 1016 sits
All 142 1-beds →1016 last sold in November 2024 at AED 2,906 per sqft, in line with what one-beds in Canal Heights 1 were fetching at the time (AED 2,951). Over the last 12 months one-beds sold for AED 1,927,000 to 2,530,000, around AED 3,006 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Mar 202630 March 2026 | 818 sqft | 2,527,000 | 3,090 | ||
| 27 Mar 202627 March 2026 | 716 sqft | 1,927,000 | 2,690 | ||
| 13 Mar 202613 March 2026 | 871 sqft | 2,530,000 | 2,905 | ||
| 19 Feb 202619 February 2026 | 825 sqft | 2,481,000 | 3,006 |
Canal Heights 1
Building408 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
Other units on the 10th floor
All 408 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 772 sqft | AED 1.97MAED 1,966,000 · Aug 2023August 2023 | ||
| 1002 | Studio | 465 sqft | AED 1.33MAED 1,325,000 · Aug 2023August 2023 | ||
| 1003 | Studio | 473 sqft | AED 1.35MAED 1,347,000 · Aug 2023August 2023 | ||
| 1004 | Studio | 474 sqft | AED 1.35MAED 1,347,000 · Aug 2023August 2023 | ||
| 1005 | Studio | 455 sqft | AED 1.29MAED 1,294,000 · Aug 2023August 2023 | ||
| 1006 | Studio | 454 sqft | AED 1.3MAED 1,296,000 · Aug 2023August 2023 | ||
| 1007 | Studio | 461 sqft | AED 1.35MAED 1,348,000 · Nov 2024November 2024 | ||
| 1008 | 1-bed | 772 sqft | AED 1.97MAED 1,966,000 · Aug 2023August 2023 | ||
| 1009 | Studio | 465 sqft | AED 1.33MAED 1,325,000 · Aug 2023August 2023 | ||
| 1010 | Studio | 473 sqft | AED 1.35MAED 1,347,000 · Aug 2023August 2023 | ||
| 1011 | Studio | 474 sqft | AED 1.35MAED 1,347,000 · Aug 2023August 2023 | ||
| 1012 | Studio | 451 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | ||
| 1013 | Studio | 450 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | ||
| 1014 | Studio | 462 sqft | AED 1.35MAED 1,350,000 · Nov 2024November 2024 | ||
| 1015 | 1-bed | 778 sqft | AED 2.25MAED 2,251,000 · Nov 2024November 2024 |
1016, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 14 November 2024 for AED 2,265,000, or AED 2,906 per sqft.
- One-beds in Canal Heights 1 sold for AED 1,927,000–2,530,000 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 14 November 2024.
Questions about 1016, Canal Heights 1
What did unit 1016 last sell for?
AED 2,265,000 on 14 November 2024, sold by the developer: AED 2,906 per sqft for 779 sqft. It is the only registered sale of the unit.
How big is unit 1016?
779 sqft (72.4 sqm): a one-bedroom apartment on the 10th floor of a 41-storey tower completed in 2026.
What is unit 1016 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Heights 1 sold for AED 1,927,000 to 2,530,000 in the last 12 months, around AED 3,006 per sqft.
Selling 1016? Put it on the OpenOffers board
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Mortgage on 1016, Canal Heights 1
Starts from the last sale price (AED 2.27M, 14 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,265,000
- Deposit, UAE resident (20%)
- AED 453,000
- Deposit, non-resident (40%)
- AED 906,000
- Monthly over 25 years at 3.7%
- AED 9,267
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →