1-bed · 737 sqftCanal Heights 2, Business Bay · 11th floor · completed 2027

1101, Canal Heights 2

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.7M1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Canal Heights 2

What is 1101 worth today?

Last sold for AED 1,700,000 in 2024

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1 Feb 2024SoldOff-plan
AED 1,700,000AED 2,307 per sqft
15 Aug 2023Sold by developerOff-plan
AED 2,002,000AED 2,717 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
11th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 1.7M · February 2024

About 1101, Canal Heights 2

1101 is a one-bedroom apartment of 737 sqft on the 11th floor of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . It last sold on 1 February 2024 for AED 1,700,000, or AED 2,307 per sqft, 19% below the AED 2,841 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical one-bed in Canal Heights 2
2M2.5M20232024202520262027Typical sale price by year: 2023 AED 2,254,000; 2024 AED 2,178,500; 2025 AED 2,620,500; 2026 AED 2,591,060Sold by developer, August 2023: AED 2,002,000 (AED 2,717 per sqft)Sold, February 2024: AED 1,700,000 (AED 2,307 per sqft)

1101 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Canal Heights 2, and where 1101 sits

All 162 1-beds →

1101 last sold in February 2024 at AED 2,307 per sqft, 19% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,841). 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 salesUnit no.Price (AED)Summary
18 Sep 20262,683,120
15 Jul 20262,291,000
3 Jun 20262,194,000
13 Apr 20263,029,000
6 1-bed sales in the last 12 months

Canal Heights 2

Building

457 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
Canal Heights 2, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 457 units in Canal Heights 2
Value
1102StudioAED 1.31M · Sep 2023
1103StudioAED 1.33M · Sep 2023
1104StudioAED 1.25M · Sep 2026
1105StudioAED 1.25M · Aug 2023
1106StudioAED 1.31M · Sep 2023
1107StudioAED 1.41M · Oct 2024
11081-bedAED 2M · Aug 2023
1–7 of 15

1101, Canal Heights 2 in numbers

  • Sold twice: first on 15 August 2023 for AED 2,002,000, last on 1 February 2024 for AED 1,700,000 (AED 2,307 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 1 February 2024.

Questions about 1101, Canal Heights 2

What did unit 1101 last sell for?

AED 1,700,000 on 1 February 2024: AED 2,307 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 2,002,000 in August 2023.

How big is unit 1101?

737 sqft (68.5 sqm): a one-bedroom apartment on the 11th floor of a 43-storey tower completed in 2027.

What is unit 1101 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 1101, Canal Heights 2

Starts from the last sale price (AED 1.7M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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