1201, Canal Heights 2
Sold prices and rental history: sold twice, last in October 2024, 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 1201, Canal Heights 2
What is 1201 worth today?
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Source: Dubai Land Department. Updated 10 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 684 sqft
- Floor
- 12th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.5M · October 2024
- Building
- Canal Heights 2
About 1201, Canal Heights 2
1201 is a one-bedroom apartment of 684 sqft on the 12th floor of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . It last sold on 10 October 2024 for AED 1,500,000, or AED 2,191 per sqft, 21% below the AED 2,760 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1201 over time
1201 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 1201 sits
All 162 1-beds →1201 last sold in October 2024 at AED 2,191 per sqft, 21% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,760). 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 12th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | Studio | 473 sqft | AED 1.31MAED 1,313,850 · Aug 2023August 2023 | ||
| 1203 | Studio | 476 sqft | AED 1.39MAED 1,393,000 · Aug 2023August 2023 | ||
| 1204 | Studio | 477 sqft | AED 1.4MAED 1,397,000 · Sep 2023September 2023 | ||
| 1205 | Studio | 456 sqft | AED 1.33MAED 1,333,000 · Sep 2023September 2023 | ||
| 1206 | Studio | 446 sqft | AED 1.28MAED 1,280,860 · Aug 2023August 2023 | ||
| 1207 | 2-bed | 1,326 sqft | AED 3.48MAED 3,483,270 · Aug 2023August 2023 | ||
| 1208 | 1-bed | 721 sqft | AED 1.97MAED 1,967,000 · Aug 2023August 2023 | ||
| 1209 | Studio | 473 sqft | AED 1.38MAED 1,383,000 · Aug 2023August 2023 | ||
| 1210 | Studio | 476 sqft | AED 1.39MAED 1,393,000 · Aug 2023August 2023 | ||
| 1211 | Studio | 477 sqft | AED 1.4MAED 1,397,000 · Aug 2023August 2023 | ||
| 1212 | Studio | 456 sqft | AED 1.27MAED 1,266,350 · Aug 2023August 2023 | ||
| 1213 | Studio | 446 sqft | AED 1.24MAED 1,241,650 · Aug 2023August 2023 | ||
| 1214 | 2-bed | 1,290 sqft | AED 3.55MAED 3,547,000 · Feb 2025February 2025 |
1201, Canal Heights 2 in numbers
- Sold twice: first on 17 August 2023 for AED 1,967,000, last on 10 October 2024 for AED 1,500,000 (AED 2,191 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 10 October 2024.
Questions about 1201, Canal Heights 2
What did unit 1201 last sell for?
AED 1,500,000 on 10 October 2024: AED 2,191 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 1,967,000 in August 2023.
How big is unit 1201?
684 sqft (63.5 sqm): a one-bedroom apartment on the 12th floor of a 43-storey tower completed in 2027.
What is unit 1201 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 1201, Canal Heights 2
Starts from the last sale price (AED 1.5M, 10 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →