2407, 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 2407, Canal Heights 1
What is 2407 worth today?
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Source: Dubai Land Department. Updated 18 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 24th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 2.32M · August 2023
- Building
- Canal Heights 1
About 2407, Canal Heights 1
2407 is a one-bedroom apartment of 808 sqft on the 24th 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 18 August 2023 for AED 2,320,000, or AED 2,873 per sqft, 6% above the AED 2,717 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2407 over time
2407 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 2407 sits
All 142 1-beds →2407 last sold in August 2023 at AED 2,873 per sqft, 6% above what one-beds in Canal Heights 1 were fetching at the time (AED 2,717). 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 24th floor
All 408 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 902 sqft | AED 2.34MAED 2,341,000 · Aug 2023August 2023 | ||
| 2402 | 1-bed | 784 sqft | AED 2.24MAED 2,240,000 · Aug 2023August 2023 | ||
| 2403 | 1-bed | 807 sqft | AED 2.32MAED 2,320,000 · Aug 2023August 2023 | ||
| 2404 | 2-bed | 1,337 sqft | AED 3.62MAED 3,621,400 · Aug 2025August 2025 | ||
| 2405 | 1-bed | 902 sqft | AED 2.35MAED 2,350,000 · Aug 2023August 2023 | ||
| 2406 | 1-bed | 780 sqft | AED 2.24MAED 2,240,000 · Aug 2025August 2025 | ||
| 2408 | 2-bed | 1,348 sqft | AED 3.71MAED 3,714,000 · Sep 2023September 2023 |
2407, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 18 August 2023 for AED 2,320,000, or AED 2,873 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 18 August 2023.
Questions about 2407, Canal Heights 1
What did unit 2407 last sell for?
AED 2,320,000 on 18 August 2023, sold by the developer: AED 2,873 per sqft for 808 sqft. It is the only registered sale of the unit.
How big is unit 2407?
808 sqft (75.1 sqm): a one-bedroom apartment on the 24th floor of a 41-storey tower completed in 2026.
What is unit 2407 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 2407, Canal Heights 1
Starts from the last sale price (AED 2.32M, 18 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,320,000
- Deposit, UAE resident (20%)
- AED 464,000
- Deposit, non-resident (40%)
- AED 928,000
- Monthly over 25 years at 3.7%
- AED 9,492
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →