1207, 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 1207, Canal Heights 2
What is 1207 worth today?
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Source: Dubai Land Department. Updated 28 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 12th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 3.48M · August 2023
- Building
- Canal Heights 2
About 1207, Canal Heights 2
1207 is a two-bedroom apartment of 1,326 sqft on the 12th 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 28 August 2023 for AED 3,483,270, or AED 2,627 per sqft, 7% below the AED 2,815 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1207 over time
1207 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Heights 2, and where 1207 sits
All 47 2-beds →1207 last sold in August 2023 at AED 2,627 per sqft, 7% below what two-beds in Canal Heights 2 were fetching at the time (AED 2,815). Over the last 12 months two-beds sold for AED 3,422,850 to 4,314,000, around AED 2,842 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 1,330 sqft | 3,627,100 | 2,726 | ||
| 16 Apr 202616 April 2026 | 1,326 sqft | 3,794,000 | 2,860 | ||
| 13 Apr 202613 April 2026 | 1,313 sqft | 3,783,000 | 2,880 | ||
| 12 Mar 202612 March 2026 | 1,314 sqft | 4,011,040 | 3,052 |
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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 684 sqft | AED 1.5MAED 1,500,000 · Oct 2024October 2024 | ||
| 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 | ||
| 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 |
1207, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 28 August 2023 for AED 3,483,270, or AED 2,627 per sqft.
- Two-beds in Canal Heights 2 sold for AED 3,422,850–4,314,000 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 28 August 2023.
Questions about 1207, Canal Heights 2
What did unit 1207 last sell for?
AED 3,483,270 on 28 August 2023, sold by the developer: AED 2,627 per sqft for 1,326 sqft. It is the only registered sale of the unit.
How big is unit 1207?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 12th floor of a 43-storey tower completed in 2027.
What is unit 1207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Heights 2 sold for AED 3,422,850 to 4,314,000 in the last 12 months, around AED 2,842 per sqft.
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Mortgage on 1207, Canal Heights 2
Starts from the last sale price (AED 3.48M, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,483,270
- Deposit, UAE resident (20%)
- AED 696,654
- Deposit, non-resident (40%)
- AED 1,393,308
- Monthly over 25 years at 3.7%
- AED 14,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →