1-bed · 774 sqftCanal Heights 1, Business Bay · 11th floor · completed 2026

1108, Canal Heights 1

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 14 August 2023
Last soldAED 1.98M14 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Canal Heights 1

What is 1108 worth today?

Last sold for AED 1,980,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Aug 2023Sold by developerOff-plan
AED 1,980,000AED 2,558 per sqft

Source: Dubai Land Department. Updated 14 August 2023.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
11th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1.98M · August 2023

About 1108, Canal Heights 1

1108 is a one-bedroom apartment of 774 sqft on the 11th 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 August 2023 for AED 1,980,000, or AED 2,558 per sqft, 5% below the AED 2,695 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Canal Heights 1
2M2.25M2.5M20232024202520262027Typical sale price by year: 2023 AED 2,250,000; 2024 AED 2,259,010; 2025 AED 2,324,345; 2026 AED 2,481,000Sold by developer, August 2023: AED 1,980,000 (AED 2,558 per sqft)

1108 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 1108 sits

All 142 1-beds →

1108 last sold in August 2023 at AED 2,558 per sqft, 5% below what one-beds in Canal Heights 1 were fetching at the time (AED 2,695). 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 salesUnit no.Price (AED)Summary
30 Mar 20262,527,000
27 Mar 20261,927,000
13 Mar 20262,530,000
19 Feb 20262,481,000
5 1-bed 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 11th floor

All 408 units in Canal Heights 1
Value
11011-bedAED 1.98M · Aug 2023
1102StudioAED 1.34M · Sep 2023
1103StudioAED 1.36M · Aug 2023
1104StudioAED 1.37M · Aug 2023
1105StudioAED 1.3M · Aug 2023
1106StudioAED 1.3M · Aug 2023
1107StudioAED 1.34M · Nov 2024
1–7 of 15

1108, Canal Heights 1 in numbers

  • Sold once: by Vesta Real Estate Development on 14 August 2023 for AED 1,980,000, or AED 2,558 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 August 2023.

Questions about 1108, Canal Heights 1

What did unit 1108 last sell for?

AED 1,980,000 on 14 August 2023, sold by the developer: AED 2,558 per sqft for 774 sqft. It is the only registered sale of the unit.

How big is unit 1108?

774 sqft (71.9 sqm): a one-bedroom apartment on the 11th floor of a 41-storey tower completed in 2026.

What is unit 1108 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 1108? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1108, Canal Heights 1

Starts from the last sale price (AED 1.98M, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

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