2-bed · 1,476 sqftCanal Heights 1, Business Bay · 34th floor · completed 2026

3406, Canal Heights 1

Sold prices and rental history: sold twice, last in October 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 18 October 2025
Last soldAED 4.25M18 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, Canal Heights 1

What is 3406 worth today?

Last sold for AED 4,247,000 in 2025

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18 Oct 2025SoldOff-plan
AED 4,247,000AED 2,877 per sqft
18 Aug 2023Sold by developerOff-plan
AED 4,247,000AED 2,852 per sqft

Source: Dubai Land Department. Updated 18 October 2025.

Key facts

Type
2-bed apartment
Size
1,476 sqft
Floor
34th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 4.25M · October 2025

About 3406, Canal Heights 1

3406 is a two-bedroom apartment of 1,476 sqft on the 34th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . It last sold on 18 October 2025 for AED 4,247,000, or AED 2,877 per sqft, 6% above the AED 2,715 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3406 over time

Sales
Unit 3406, each saleTypical two-bed in Canal Heights 1
4M20232024202520262027Typical sale price by year: 2023 AED 3,930,700; 2024 AED 3,619,140; 2025 AED 3,688,647; 2026 AED 3,836,575Sold by developer, August 2023: AED 4,247,000 (AED 2,852 per sqft)Sold, October 2025: AED 4,247,000 (AED 2,877 per sqft)

3406 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Heights 1, and where 3406 sits

All 61 2-beds →

3406 last sold in October 2025 at AED 2,877 per sqft, 6% above what two-beds in Canal Heights 1 were fetching at the time (AED 2,715). Over the last 12 months two-beds sold for AED 3,290,340 to 4,441,000, around AED 2,765 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,378,200
21 Aug 20263,493,440
14 Aug 20263,290,340
28 Apr 20264,032,960
15 2-bed 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 34th floor

All 408 units in Canal Heights 1
Value
34011-bedAED 1.77M · Jul 2025
34021-bedAED 2.48M · Feb 2026
34032-bedAED 4.25M · Oct 2025
34041-bedAED 2.53M · Mar 2026
34051-bedAED 2.48M · Feb 2026

3406, Canal Heights 1 in numbers

  • Sold twice: first on 18 August 2023 for AED 4,247,000, last on 18 October 2025 for AED 4,247,000 (AED 2,877 per sqft).
  • Two-beds in Canal Heights 1 sold for AED 3,290,340–4,441,000 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 October 2025.

Questions about 3406, Canal Heights 1

What did unit 3406 last sell for?

AED 4,247,000 on 18 October 2025: AED 2,877 per sqft for 1,476 sqft. The unit has 2 registered sales; the first was AED 4,247,000 in August 2023.

How big is unit 3406?

1,476 sqft (137.1 sqm): a two-bedroom apartment on the 34th floor of a 41-storey tower completed in 2026.

What is unit 3406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Heights 1 sold for AED 3,290,340 to 4,441,000 in the last 12 months, around AED 2,765 per sqft.

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Mortgage on 3406, Canal Heights 1

Starts from the last sale price (AED 4.25M, 18 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,247,000
Deposit, UAE resident (20%)
AED 849,400
Deposit, non-resident (40%)
AED 1,698,800
Monthly over 25 years at 3.7%
AED 17,376

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