1001, Canal Heights 2
Sold prices and rental history: sold once, by the developer in August 2023, 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 1001, Canal Heights 2
What is 1001 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 735 sqft
- Floor
- 10th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.99M · August 2023
- Building
- Canal Heights 2
About 1001, Canal Heights 2
1001 is a one-bedroom apartment of 735 sqft on the 10th floor of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . The developer sold it on 15 August 2023 for AED 1,989,000, or AED 2,707 per sqft, 5% below the AED 2,863 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1001 over time
1001 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Canal Heights 2, and where 1001 sits
All 162 1-beds →1001 last sold in August 2023 at AED 2,707 per sqft, 5% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,863). Over the last 12 months one-beds sold for AED 2,194,000 to 3,029,000, around AED 2,872 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 971 sqft | 2,683,120 | 2,763 | ||
| 15 Jul 202615 July 2026 | 823 sqft | 2,291,000 | 2,782 | ||
| 3 Jun 20263 June 2026 | 809 sqft | 2,194,000 | 2,711 | ||
| 13 Apr 202613 April 2026 | 965 sqft | 3,029,000 | 3,140 |
Canal Heights 2
Building457 apartments, studios to 4-bed over 43 floors in Business Bay, completed in 2027 by Resta Real Estate Development . 27 sold in the last 12 months.
- Typical price per sqft
- AED 2,850 Up 1.4%
- Typical sale
- AED 3.48M
- Typical rent
- Few contracts
- Typical yield
Other units on the 10th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | Studio | 460 sqft | AED 1.27MAED 1,271,100 · Aug 2023August 2023 | ||
| 1003 | Studio | 468 sqft | AED 1.36MAED 1,361,000 · Aug 2023August 2023 | ||
| 1004 | Studio | 468 sqft | AED 1.37MAED 1,372,000 · Feb 2024February 2024 | ||
| 1005 | Studio | 450 sqft | AED 1.24MAED 1,242,600 · Aug 2023August 2023 | ||
| 1006 | Studio | 450 sqft | AED 1.24MAED 1,243,550 · Aug 2023August 2023 | ||
| 1007 | 2-bed | 1,311 sqft | AED 3.58MAED 3,580,000 · May 2025May 2025 | ||
| 1008 | 2-bed | 1,349 sqft | AED 3.68MAED 3,683,000 · May 2024May 2024 | ||
| 1009 | Studio | 450 sqft | AED 1.31MAED 1,309,000 · Aug 2023August 2023 | ||
| 1010 | Studio | 459 sqft | AED 1.31MAED 1,308,000 · Dec 2025December 2025 | ||
| 1011 | Studio | 468 sqft | AED 1.36MAED 1,361,000 · Aug 2023August 2023 | ||
| 1012 | Studio | 468 sqft | AED 1.36MAED 1,361,000 · Aug 2023August 2023 | ||
| 1013 | Studio | 460 sqft | AED 1.27MAED 1,271,100 · Aug 2023August 2023 | ||
| 1014 | 1-bed | 734 sqft | AED 2.04MAED 2,035,000 · Jan 2024January 2024 |
1001, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 15 August 2023 for AED 1,989,000, or AED 2,707 per sqft.
- One-beds in Canal Heights 2 sold for AED 2,194,000–3,029,000 in the 12 months to November 2026; the building's median across all types is AED 2,850 per sqft.
Source: Dubai Land Department. Updated 15 August 2023.
Questions about 1001, Canal Heights 2
What did unit 1001 last sell for?
AED 1,989,000 on 15 August 2023, sold by the developer: AED 2,707 per sqft for 735 sqft. It is the only registered sale of the unit.
How big is unit 1001?
735 sqft (68.3 sqm): a one-bedroom apartment on the 10th floor of a 43-storey tower completed in 2027.
What is unit 1001 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 2 sold for AED 2,194,000 to 3,029,000 in the last 12 months, around AED 2,872 per sqft.
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Mortgage on 1001, Canal Heights 2
Starts from the last sale price (AED 1.99M, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,989,000
- Deposit, UAE resident (20%)
- AED 397,800
- Deposit, non-resident (40%)
- AED 795,600
- Monthly over 25 years at 3.7%
- AED 8,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →