1609, 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.
Property timeline for 1609, Canal Heights 1
What is 1609 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 456 sqft
- Floor
- 16th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.32M · September 2023
- Building
- Canal Heights 1
About 1609, Canal Heights 1
1609 is a studio of 456 sqft on the 16th 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 8 September 2023 for AED 1,324,000, or AED 2,901 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 1609 over time
1609 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 1, and where 1609 sits
All 204 studios →1609 last sold in September 2023 at AED 2,901 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Aug 202612 August 2026 | 467 sqft | 1,314,000 | 2,810 | ||
| 4 Aug 20264 August 2026 | 460 sqft | 1,295,000 | 2,816 | ||
| 6 Jul 20266 July 2026 | 454 sqft | 1,276,000 | 2,808 | ||
| 27 Mar 202627 March 2026 | 473 sqft | 1,359,000 | 2,872 |
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 16th floor
All 408 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 688 sqft | AED 1.76MAED 1,763,000 · Aug 2023August 2023 | ||
| 1602 | Studio | 457 sqft | AED 1.35MAED 1,352,000 · Oct 2023October 2023 | ||
| 1603 | Studio | 464 sqft | AED 1.35MAED 1,351,000 · Aug 2023August 2023 | ||
| 1604 | Studio | 472 sqft | AED 1.37MAED 1,372,000 · Aug 2023August 2023 | ||
| 1605 | Studio | 477 sqft | AED 1.39MAED 1,387,000 · Aug 2023August 2023 | ||
| 1606 | Studio | 450 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 | ||
| 1607 | 2-bed | 1,338 sqft | AED 3.62MAED 3,619,140 · Sep 2024September 2024 | ||
| 1608 | 1-bed | 688 sqft | AED 1.76MAED 1,763,000 · Aug 2023August 2023 | ||
| 1610 | Studio | 465 sqft | AED 1.35MAED 1,351,000 · Aug 2023August 2023 | ||
| 1611 | Studio | 472 sqft | AED 1.34MAED 1,344,560 · Sep 2023September 2023 | ||
| 1612 | Studio | 474 sqft | AED 1.39MAED 1,387,000 · Jul 2025July 2025 | ||
| 1613 | Studio | 450 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 | ||
| 1614 | 2-bed | 1,327 sqft | AED 3.66MAED 3,663,000 · Dec 2025December 2025 |
1609, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 8 September 2023 for AED 1,324,000, or AED 2,901 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 8 September 2023.
Questions about 1609, Canal Heights 1
What did unit 1609 last sell for?
AED 1,324,000 on 8 September 2023, sold by the developer: AED 2,901 per sqft for 456 sqft. It is the only registered sale of the unit.
How big is unit 1609?
456 sqft (42.4 sqm): a studio on the 16th floor of a 41-storey tower completed in 2026.
What is unit 1609 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 1609? 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.
Mortgage on 1609, Canal Heights 1
Starts from the last sale price (AED 1.32M, 8 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,324,000
- Deposit, UAE resident (20%)
- AED 264,800
- Deposit, non-resident (40%)
- AED 529,600
- Monthly over 25 years at 3.7%
- AED 5,417
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →