1501, 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.
Property timeline for 1501, Canal Heights 1
What is 1501 worth today?
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Source: Dubai Land Department. Updated 14 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 694 sqft
- Floor
- 15th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.77M · August 2023
- Building
- Canal Heights 1
About 1501, Canal Heights 1
1501 is a one-bedroom apartment of 694 sqft on the 15th 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 1,773,000, or AED 2,555 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 1501 over time
1501 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 1501 sits
All 142 1-beds →1501 last sold in August 2023 at AED 2,555 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 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 15th floor
All 408 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | Studio | 459 sqft | AED 1.33MAED 1,325,000 · Aug 2023August 2023 | ||
| 1503 | Studio | 466 sqft | AED 1.35MAED 1,352,000 · Aug 2023August 2023 | ||
| 1504 | Studio | 474 sqft | AED 1.37MAED 1,373,000 · Aug 2023August 2023 | ||
| 1505 | Studio | 477 sqft | AED 1.38MAED 1,381,000 · Aug 2023August 2023 | ||
| 1506 | Studio | 445 sqft | AED 1.29MAED 1,291,000 · Aug 2023August 2023 | ||
| 1508 | 1-bed | 694 sqft | AED 1.77MAED 1,773,000 · Aug 2023August 2023 | ||
| 1509 | Studio | 458 sqft | AED 1.33MAED 1,325,000 · Aug 2023August 2023 | ||
| 1510 | Studio | 466 sqft | AED 1.35MAED 1,352,000 · Sep 2023September 2023 | ||
| 1511 | Studio | 473 sqft | AED 1.37MAED 1,373,000 · Aug 2023August 2023 | ||
| 1512 | Studio | 477 sqft | AED 1.38MAED 1,381,000 · Sep 2023September 2023 | ||
| 1513 | Studio | 445 sqft | AED 1.29MAED 1,291,000 · Aug 2023August 2023 | ||
| 1514 | 2-bed | 1,331 sqft | AED 3.58MAED 3,575,000 · Aug 2023August 2023 |
1501, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 14 August 2023 for AED 1,773,000, or AED 2,555 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 1501, Canal Heights 1
What did unit 1501 last sell for?
AED 1,773,000 on 14 August 2023, sold by the developer: AED 2,555 per sqft for 694 sqft. It is the only registered sale of the unit.
How big is unit 1501?
694 sqft (64.5 sqm): a one-bedroom apartment on the 15th floor of a 41-storey tower completed in 2026.
What is unit 1501 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.
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Mortgage on 1501, Canal Heights 1
Starts from the last sale price (AED 1.77M, 14 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,773,000
- Deposit, UAE resident (20%)
- AED 354,600
- Deposit, non-resident (40%)
- AED 709,200
- Monthly over 25 years at 3.7%
- AED 7,254
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →