1612, Canal Heights 1
Sold prices and rental history: sold twice, last in July 2025, 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 1612, Canal Heights 1
What is 1612 worth today?
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Source: Dubai Land Department. Updated 21 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 16th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.39M · July 2025
- Building
- Canal Heights 1
About 1612, Canal Heights 1
1612 is a studio of 474 sqft on the 16th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . It last sold on 21 July 2025 for AED 1,387,000, or AED 2,927 per sqft, in line with the AED 2,880 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1612 over time
1612 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 1, and where 1612 sits
All 204 studios →1612 last sold in July 2025 at AED 2,927 per sqft, in line with what studios in Canal Heights 1 were fetching at the time (AED 2,880). 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 | ||
| 1609 | Studio | 456 sqft | AED 1.32MAED 1,324,000 · Sep 2023September 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 | ||
| 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 |
1612, Canal Heights 1 in numbers
- Sold twice: first on 23 August 2023 for AED 1,387,000, last on 21 July 2025 for AED 1,387,000 (AED 2,927 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 21 July 2025.
Questions about 1612, Canal Heights 1
What did unit 1612 last sell for?
AED 1,387,000 on 21 July 2025: AED 2,927 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 1,387,000 in August 2023.
How big is unit 1612?
474 sqft (44.0 sqm): a studio on the 16th floor of a 41-storey tower completed in 2026.
What is unit 1612 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 1612, Canal Heights 1
Starts from the last sale price (AED 1.39M, 21 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,387,000
- Deposit, UAE resident (20%)
- AED 277,400
- Deposit, non-resident (40%)
- AED 554,800
- Monthly over 25 years at 3.7%
- AED 5,675
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →