Studio · 473 sqftCanal Heights 1, Business Bay · 8th floor · completed 2026

803, Canal Heights 1

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

Unit 803 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1M15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Canal Heights 1

What is 803 worth today?

Last sold for AED 1,000,000 in 2025

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15 May 2025SoldOff-plan
AED 1,000,000AED 2,115 per sqft
18 Aug 2023Sold by developerOff-plan
AED 1,342,000AED 2,821 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
8th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1M · May 2025

About 803, Canal Heights 1

803 is a studio of 473 sqft on the 8th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . It last sold on 15 May 2025 for AED 1,000,000, or AED 2,115 per sqft, 26% below the AED 2,859 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical studio in Canal Heights 1
1M1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,317,000; 2025 AED 1,302,000; 2026 AED 1,286,500Sold by developer, August 2023: AED 1,342,000 (AED 2,821 per sqft)Sold, May 2025: AED 1,000,000 (AED 2,115 per sqft)

803 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 1, and where 803 sits

All 204 studios →

803 last sold in May 2025 at AED 2,115 per sqft, 26% below what studios in Canal Heights 1 were fetching at the time (AED 2,859). Over the last 12 months studios sold for AED 1,100,000 to 1,359,000, around AED 2,813 per sqft.

Recent studio salesUnit no.Price (AED)Summary
12 Aug 20261,314,000
4 Aug 20261,295,000
6 Jul 20261,276,000
27 Mar 20261,359,000
10 studio 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 8th floor

All 408 units in Canal Heights 1
Value
8011-bedAED 2.02M · Aug 2023
802StudioAED 1.32M · Sep 2023
804StudioAED 1.3M · Aug 2023
805StudioAED 1.29M · Sep 2023
806StudioAED 1.29M · Aug 2023
807StudioAED 1.32M · Nov 2024
8081-bedAED 2.02M · Aug 2023
1–7 of 15

803, Canal Heights 1 in numbers

  • Sold twice: first on 18 August 2023 for AED 1,342,000, last on 15 May 2025 for AED 1,000,000 (AED 2,115 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 15 May 2025.

Questions about 803, Canal Heights 1

What did unit 803 last sell for?

AED 1,000,000 on 15 May 2025: AED 2,115 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 1,342,000 in August 2023.

How big is unit 803?

473 sqft (43.9 sqm): a studio on the 8th floor of a 41-storey tower completed in 2026.

What is unit 803 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 803, Canal Heights 1

Starts from the last sale price (AED 1M, 15 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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