507, Canal Heights 1
Sold prices and rental history: sold once, by the developer in August 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 507, Canal Heights 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 18 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,360 sqft
- Floor
- 5th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 3.59M · August 2025
- Building
- Canal Heights 1
About 507, Canal Heights 1
507 is a two-bedroom apartment of 1,360 sqft on the 5th 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 2025 for AED 3,590,000, or AED 2,640 per sqft, in line with the AED 2,660 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 507 over time
507 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Heights 1, and where 507 sits
All 61 2-beds →507 last sold in August 2025 at AED 2,640 per sqft, in line with what two-beds in Canal Heights 1 were fetching at the time (AED 2,660). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,357 sqft | 3,378,200 | 2,489 | ||
| 21 Aug 202621 August 2026 | 1,333 sqft | 3,493,440 | 2,621 | ||
| 14 Aug 202614 August 2026 | 1,350 sqft | 3,290,340 | 2,436 | ||
| 28 Apr 202628 April 2026 | 1,409 sqft | 4,032,960 | 2,861 |
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 | ||
| 502 | Studio | 467 sqft | AED 1.31MAED 1,314,000 · Aug 2026August 2026 | ||
| 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 | ||
| 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 |
507, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 18 August 2025 for AED 3,590,000, or AED 2,640 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 August 2025.
Questions about 507, Canal Heights 1
What did unit 507 last sell for?
AED 3,590,000 on 18 August 2025, sold by the developer: AED 2,640 per sqft for 1,360 sqft. It is the only registered sale of the unit.
How big is unit 507?
1,360 sqft (126.3 sqm): a two-bedroom apartment on the 5th floor of a 41-storey tower completed in 2026.
What is unit 507 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 507, Canal Heights 1
Starts from the last sale price (AED 3.59M, 18 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,590,000
- Deposit, UAE resident (20%)
- AED 718,000
- Deposit, non-resident (40%)
- AED 1,436,000
- Monthly over 25 years at 3.7%
- AED 14,688
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →