Studio · 479 sqftCanal Heights 1, Business Bay · 13th floor · completed 2026

1302, Canal Heights 1

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

Unit 1302 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 1.38M9 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Canal Heights 1

What is 1302 worth today?

Last sold for AED 1,377,000 in 2023

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9 Sep 2023Sold by developerOff-plan
AED 1,377,000AED 2,877 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
13th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1.38M · September 2023

About 1302, Canal Heights 1

1302 is a studio of 479 sqft on the 13th 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 9 September 2023 for AED 1,377,000, or AED 2,877 per sqft, in line with the AED 2,860 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, September 2023: AED 1,377,000 (AED 2,877 per sqft)

1302 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 1, and where 1302 sits

All 204 studios →

1302 last sold in September 2023 at AED 2,877 per sqft, in line with what studios in Canal Heights 1 were fetching at the time (AED 2,860). 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 13th floor

All 408 units in Canal Heights 1
Value
13011-bedAED 1.93M · Mar 2026
1303StudioAED 1.38M · Sep 2023
1304StudioAED 1.39M · Aug 2023
1305StudioAED 1.34M · Sep 2023
1306StudioAED 1.29M · Aug 2023
13072-bedAED 3.49M · Aug 2026
13081-bedAED 1.93M · Sep 2023
1–7 of 13

1302, Canal Heights 1 in numbers

  • Sold once: by Vesta Real Estate Development on 9 September 2023 for AED 1,377,000, or AED 2,877 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 9 September 2023.

Questions about 1302, Canal Heights 1

What did unit 1302 last sell for?

AED 1,377,000 on 9 September 2023, sold by the developer: AED 2,877 per sqft for 479 sqft. It is the only registered sale of the unit.

How big is unit 1302?

479 sqft (44.5 sqm): a studio on the 13th floor of a 41-storey tower completed in 2026.

What is unit 1302 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 1302, Canal Heights 1

Starts from the last sale price (AED 1.38M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,377,000
Deposit, UAE resident (20%)
AED 275,400
Deposit, non-resident (40%)
AED 550,800
Monthly over 25 years at 3.7%
AED 5,634

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