2-bed · 1,335 sqftCanal Heights 1, Business Bay · 12th floor · completed 2026

1214, 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 1214 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 3.53M21 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Canal Heights 1

What is 1214 worth today?

Last sold for AED 3,531,000 in 2023

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21 Aug 2023Sold by developerOff-plan
AED 3,531,000AED 2,644 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
2-bed apartment
Size
1,335 sqft
Floor
12th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 3.53M · August 2023

About 1214, Canal Heights 1

1214 is a two-bedroom apartment of 1,335 sqft on the 12th 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 21 August 2023 for AED 3,531,000, or AED 2,644 per sqft, 5% below the AED 2,777 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical two-bed in Canal Heights 1
3.6M3.8M4M20232024202520262027Typical sale price by year: 2023 AED 3,930,700; 2024 AED 3,619,140; 2025 AED 3,688,647; 2026 AED 3,836,575Sold by developer, August 2023: AED 3,531,000 (AED 2,644 per sqft)

1214 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Heights 1, and where 1214 sits

All 61 2-beds →

1214 last sold in August 2023 at AED 2,644 per sqft, 5% below what two-beds in Canal Heights 1 were fetching at the time (AED 2,777). Over the last 12 months two-beds sold for AED 3,290,340 to 4,441,000, around AED 2,765 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,378,200
21 Aug 20263,493,440
14 Aug 20263,290,340
28 Apr 20264,032,960
15 2-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 12th floor

All 408 units in Canal Heights 1
Value
12011-bedAED 2M · Sep 2023
1202StudioAED 1.37M · Aug 2023
1203StudioAED 1.38M · Sep 2023
1204StudioAED 1.38M · Aug 2023
1205StudioAED 1.32M · Aug 2023
1206StudioAED 1.29M · Aug 2023
12072-bedAED 3.65M · Jul 2024
1–7 of 13

1214, Canal Heights 1 in numbers

  • Sold once: by Vesta Real Estate Development on 21 August 2023 for AED 3,531,000, or AED 2,644 per sqft.
  • Two-beds in Canal Heights 1 sold for AED 3,290,340–4,441,000 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 21 August 2023.

Questions about 1214, Canal Heights 1

What did unit 1214 last sell for?

AED 3,531,000 on 21 August 2023, sold by the developer: AED 2,644 per sqft for 1,335 sqft. It is the only registered sale of the unit.

How big is unit 1214?

1,335 sqft (124.0 sqm): a two-bedroom apartment on the 12th floor of a 41-storey tower completed in 2026.

What is unit 1214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Heights 1 sold for AED 3,290,340 to 4,441,000 in the last 12 months, around AED 2,765 per sqft.

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Mortgage on 1214, Canal Heights 1

Starts from the last sale price (AED 3.53M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,531,000
Deposit, UAE resident (20%)
AED 706,200
Deposit, non-resident (40%)
AED 1,412,400
Monthly over 25 years at 3.7%
AED 14,446

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