Studio · 456 sqftCanal Heights 1, Business Bay · 11th floor · completed 2026

1112, Canal Heights 1

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1M25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Canal Heights 1

What is 1112 worth today?

Last sold for AED 1,000,000 in 2024

Unlock today's estimate, updated daily, with

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

25 Sep 2024SoldOff-plan
AED 1,000,000AED 2,192 per sqft
14 Aug 2023Sold by developerOff-plan
AED 1,301,000AED 2,852 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
11th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1M · September 2024

About 1112, Canal Heights 1

1112 is a studio of 456 sqft on the 11th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . It last sold on 25 September 2024 for AED 1,000,000, or AED 2,192 per sqft, 21% below the AED 2,760 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical studio in Canal Heights 1
1M1.2M20232024202520262027Typical 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, August 2023: AED 1,301,000 (AED 2,852 per sqft)Sold, September 2024: AED 1,000,000 (AED 2,192 per sqft)

1112 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 1, and where 1112 sits

All 204 studios →

1112 last sold in September 2024 at AED 2,192 per sqft, 21% below what studios in Canal Heights 1 were fetching at the time (AED 2,760). 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 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

1112, Canal Heights 1 in numbers

  • Sold twice: first on 14 August 2023 for AED 1,301,000, last on 25 September 2024 for AED 1,000,000 (AED 2,192 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 25 September 2024.

Questions about 1112, Canal Heights 1

What did unit 1112 last sell for?

AED 1,000,000 on 25 September 2024: AED 2,192 per sqft for 456 sqft. The unit has 2 registered sales; the first was AED 1,301,000 in August 2023.

How big is unit 1112?

456 sqft (42.4 sqm): a studio on the 11th floor of a 41-storey tower completed in 2026.

What is unit 1112 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.

Selling 1112? 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 1112, Canal Heights 1

Starts from the last sale price (AED 1M, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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