502, Canal Heights 1
Sold prices and rental history: sold twice, last in August 2026, 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 502, Canal Heights 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 12 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 5th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.31M · August 2026
- Building
- Canal Heights 1
About 502, Canal Heights 1
502 is a studio of 467 sqft on the 5th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . It last sold on 12 August 2026 for AED 1,314,000, or AED 2,810 per sqft, in line with the AED 2,810 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 1, and where 502 sits
All 204 studios →502 last sold in August 2026 at AED 2,810 per sqft, in line with what studios in Canal Heights 1 were fetching at the time (AED 2,810). 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 |
|---|---|---|---|---|---|
| 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 | ||
| 18 Feb 202618 February 2026 | 451 sqft | 1,100,000 | 2,438 |
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 5th floor
All 408 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 848 sqft | AED 2.11MAED 2,105,000 · Aug 2023August 2023 | ||
| 503 | Studio | 462 sqft | AED 1.29MAED 1,285,000 · Aug 2023August 2023 | ||
| 504 | Studio | 457 sqft | AED 1.28MAED 1,276,000 · Aug 2023August 2023 | ||
| 505 | Studio | 464 sqft | AED 1.3MAED 1,295,000 · Aug 2023August 2023 | ||
| 506 | Studio | 463 sqft | AED 1.29MAED 1,292,000 · Aug 2023August 2023 | ||
| 507 | 2-bed | 1,360 sqft | AED 3.59MAED 3,590,000 · Aug 2025August 2025 | ||
| 508 | 1-bed | 848 sqft | AED 2.11MAED 2,105,000 · Sep 2023September 2023 | ||
| 509 | Studio | 471 sqft | AED 1.31MAED 1,314,000 · Sep 2023September 2023 | ||
| 510 | Studio | 462 sqft | AED 1.29MAED 1,285,000 · Aug 2023August 2023 | ||
| 511 | Studio | 454 sqft | AED 1.28MAED 1,276,000 · Jul 2026July 2026 | ||
| 512 | Studio | 464 sqft | AED 1.3MAED 1,295,000 · Sep 2023September 2023 | ||
| 513 | Studio | 463 sqft | AED 1.09MAED 1,090,000 · Oct 2024October 2024 | ||
| 514 | 2-bed | 1,359 sqft | AED 3.59MAED 3,589,000 · May 2024May 2024 |
502, Canal Heights 1 in numbers
- Sold twice: first on 19 September 2023 for AED 1,314,000, last on 12 August 2026 for AED 1,314,000 (AED 2,810 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 12 August 2026.
Questions about 502, Canal Heights 1
What did unit 502 last sell for?
AED 1,314,000 on 12 August 2026: AED 2,810 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 1,314,000 in September 2023.
How big is unit 502?
467 sqft (43.4 sqm): a studio on the 5th floor of a 41-storey tower completed in 2026.
What is unit 502 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 502, Canal Heights 1
Starts from the last sale price (AED 1.31M, 12 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,314,000
- Deposit, UAE resident (20%)
- AED 262,800
- Deposit, non-resident (40%)
- AED 525,600
- Monthly over 25 years at 3.7%
- AED 5,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →