4005, Canal Heights 1
Sold prices and rental history: sold once, by the developer in November 2024, 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 4005, Canal Heights 1
What is 4005 worth today?
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Source: Dubai Land Department. Updated 14 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 741 sqft
- Floor
- 40th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 2.43M · November 2024
- Building
- Canal Heights 1
About 4005, Canal Heights 1
4005 is a one-bedroom apartment of 741 sqft on the 40th 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 November 2024 for AED 2,433,730, or AED 3,284 per sqft, 11% above the AED 2,951 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 4005 over time
4005 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 4005 sits
All 142 1-beds →4005 last sold in November 2024 at AED 3,284 per sqft, 11% above what one-beds in Canal Heights 1 were fetching at the time (AED 2,951). 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 40th floor
All 408 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 739 sqft | AED 2.3MAED 2,302,000 · Nov 2024November 2024 | ||
| 4002 | 1-bed | 740 sqft | AED 2.5MAED 2,504,000 · Nov 2024November 2024 | ||
| 4003 | Studio | 439 sqft | AED 1.48MAED 1,476,000 · Nov 2024November 2024 | ||
| 4004 | 1-bed | 736 sqft | AED 2.18MAED 2,176,580 · Nov 2024November 2024 | ||
| 4006 | Studio | 438 sqft | AED 1.47MAED 1,474,000 · Nov 2024November 2024 | ||
| 4007 | 1-bed | 753 sqft | AED 2.6MAED 2,596,000 · Nov 2024November 2024 | ||
| 4008 | 1-bed | 753 sqft | AED 2.6MAED 2,595,000 · Dec 2024December 2024 |
4005, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 14 November 2024 for AED 2,433,730, or AED 3,284 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 November 2024.
Questions about 4005, Canal Heights 1
What did unit 4005 last sell for?
AED 2,433,730 on 14 November 2024, sold by the developer: AED 3,284 per sqft for 741 sqft. It is the only registered sale of the unit.
How big is unit 4005?
741 sqft (68.8 sqm): a one-bedroom apartment on the 40th floor of a 41-storey tower completed in 2026.
What is unit 4005 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 4005, Canal Heights 1
Starts from the last sale price (AED 2.43M, 14 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,433,730
- Deposit, UAE resident (20%)
- AED 486,746
- Deposit, non-resident (40%)
- AED 973,492
- Monthly over 25 years at 3.7%
- AED 9,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →