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BuildingBusiness Bay · Resta Real Estate Development · 2027

Canal Heights 2

Studios to four-beds in Business Bay. 27 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 2 November 2026
Typical price per sqftAED 2,850Up 1.4% on the year
Typical saleAED 3.48M27 sales
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About Canal Heights 2

Canal Heights 2 is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. It has 43 storeys and 477 apartments, from studios to four-bedroom homes, ranging from 233 to 4,676 sqft. The developer is Resta Real Estate Development, with completion in 2027. Its neighbours include Canal Heights 1, Bay Square 1 and Bay Square 8. Several everyday places are within walking distance. YAUMI MARKET supermarket and Hummingbird Nursery Bay Square are about 100 m away. Souq Al Muskaan, First Path Montessori early childhood centre, the healthcare facility KENZA WELLNESS and Bayside Park 3 are each about 200 m away. Business Bay metro station (Red Line) is about 2.1 km away, on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall is one stop north.

477 apartments over 43 floors: 256 studios of 233 to 522 sqft, 162 one-beds of 513 to 1,036 sqft, 47 two-beds of 456 to 1,514 sqft, 10 three-beds of 470 to 3,341 sqft and 2 four-beds of 4,432 to 4,676 sqft.

27 apartments sold in the 12 months to November 2026, at a median of AED 2,850 per sqft, up 1.4% on the year before. Most of the trading is in two-beds: 15 of the 27 sales, at AED 3,422,850 to 4,314,000.

Developer
Resta Real Estate Development
Completed
2027
Floors
43
Units
477
Unit types
Studio to 4-bed

Business Bay, Dubai

Average prices in Canal Heights 2

In Canal Heights 2, typical sale prices over the last 12 months were around AED 1,310,000 for studios, AED 2,590,000 for one-beds, AED 3,750,000 for two-beds and AED 5,760,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Canal Heights 2

2,5003,000May 2026Nov 20262025-11-12: AED 3,240, 2-bed, 1,331 sqft2025-11-17: AED 2,272, 2-bed, 1,507 sqft2025-11-28: AED 2,784, 2-bed, 1,281 sqft2025-12-10: AED 2,664, 2-bed, 1,503 sqft2025-12-30: AED 2,850, Studio, 459 sqft2026-01-26: AED 2,659, 2-bed, 1,300 sqft2026-02-03: AED 2,842, 2-bed, 1,282 sqft2026-02-04: AED 2,649, 2-bed, 1,312 sqft2026-02-17: AED 2,962, 1-bed, 844 sqft2026-02-18: AED 2,860, 2-bed, 1,327 sqft2026-02-25: AED 2,736, 2-bed, 1,346 sqft2026-02-25: AED 2,890, 2-bed, 1,297 sqft2026-03-03: AED 2,851, 2-bed, 1,479 sqft2026-03-12: AED 3,052, 2-bed, 1,314 sqft2026-04-09: AED 3,118, 1-bed, 949 sqft2026-04-13: AED 3,140, 1-bed, 965 sqft2026-04-13: AED 2,880, 2-bed, 1,313 sqft2026-04-13: AED 2,610, 3-bed, 2,207 sqft2026-04-16: AED 2,860, 2-bed, 1,326 sqft2026-06-03: AED 2,711, 1-bed, 809 sqft2026-06-26: AED 2,864, Studio, 458 sqft2026-07-15: AED 2,782, 1-bed, 823 sqft2026-07-29: AED 2,726, 2-bed, 1,330 sqft2026-08-20: AED 2,859, Studio, 456 sqft2026-09-11: AED 2,616, Studio, 477 sqft2026-09-18: AED 2,763, 1-bed, 971 sqft2026-11-02: AED 2,851, Studio, 492 sqftTrend: AED 2,823 to AED 2,792

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Canal Heights 2

  • Off-planStudio · 491 sqft 02 Nov 2026AED 1,402,0002,852 /sqft
  • Off-plan1-bed · 970 sqft 18 Sep 2026AED 2,683,1202,764 /sqft
  • Off-planStudio · 476 sqft 11 Sep 2026AED 1,247,4002,617 /sqft
  • Off-planStudio · 456 sqft 20 Aug 2026AED 1,304,0002,859 /sqft
  • Off-plan2-bed · 1,330 sqft 29 Jul 2026AED 3,627,1002,727 /sqft
  • Off-plan1-bed · 823 sqft 15 Jul 2026AED 2,291,0002,783 /sqft
  • Off-planStudio · 458 sqft 26 Jun 2026AED 1,313,0002,865 /sqft
  • Off-plan1-bed · 809 sqft 03 Jun 2026AED 2,194,0002,711 /sqft
  • Off-plan2-bed · 1,326 sqft 16 Apr 2026AED 3,794,0002,860 /sqft
  • Off-plan2-bed · 1,313 sqft 13 Apr 2026AED 3,783,0002,880 /sqft

Over the last 12 months, Canal Heights 2 has recorded 27 apartment sales. Typical homes sold for around AED 3.48M (about AED 2,850 per sqft) with a median size of 1,297 sqft; most were two-beds, from roughly AED 1.25M to AED 5.76M.

1–10 of 503

Units in Canal Heights 2

477 units
  • Unit 102Studio · 487 sqftSold AED 1.38M, Jan 2024
  • Unit 1031-bed · 1,009 sqftSold AED 2.43M, Jun 2025
  • Unit 104Studio · 448 sqftSold AED 1.27M, Apr 2024
  • Unit 105Studio · 451 sqftSold AED 1.28M, Nov 2023
  • Unit 106Studio · 458 sqftSold AED 1.3M, Nov 2023
  • Unit 107Studio · 464 sqftSold AED 1.31M, Oct 2023
  • Unit 108Studio · 461 sqftSold AED 1.31M, Nov 2023
  • Unit 202Studio · 487 sqftSold AED 1.38M, Jan 2024
  • Unit 2031-bed · 1,010 sqftSold AED 2.47M, Oct 2025
  • Unit 204Studio · 456 sqftSold AED 1.29M, Oct 2023
1–10 of 477
Every unit in Canal Heights 2, by number

By type: studios (256), one-beds (162), two-beds (47), three-beds (10), four-beds (2).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
Canal Heights 1AED 2,813
Bay Square 1Few sales
Bay Square 8AED 1,1908.9%
Trillionaire Residences by BinghattiAED 2,3066.7%
Bay Square 7Few sales
1–5 of 186 · nearest first

Canal Heights 2 in numbers

  • Across 27 DLD sales in the 12 months to November 2026, the median price in Canal Heights 2 was AED 2,850 per sqft and the typical home sold for about AED 3.48M.
  • Completed in 2027 by Resta Real Estate Development ; 43 floors of studios to four-beds.
  • Two-beds of 456 to 1,514 sqft sold for AED 3,422,850 to 4,314,000 between November 2025 and July 2026, a median AED 2,842 per sqft.

Source: Dubai Land Department. Updated 2 November 2026.

Questions

How much does a two-bed in Canal Heights 2 cost?

15 two-beds sold in the 12 months to November 2026, for AED 3,422,850 to 4,314,000; the median was AED 3,748,000, or AED 2,842 per sqft.

Have prices in Canal Heights 2 gone up?

The median price per sqft rose from about AED 2,810 to AED 2,850 over the 12 months to November 2026, up 1.4%, on 27 sales against 55 the year before.

Who built Canal Heights 2 and when?

Resta Real Estate Development ; completed in 2027; 43 floors; 477 apartments.

How many apartments are there in Canal Heights 2?

477, studios to four-beds. Each has its own page with its full sales and rental history.

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