1501, 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 1501, Canal Heights 2
What is 1501 worth today?
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Source: Dubai Land Department. Updated 28 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 649 sqft
- Floor
- 15th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.81M · August 2023
- Building
- Canal Heights 2
About 1501, Canal Heights 2
1501 is a one-bedroom apartment of 649 sqft on the 15th 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 1,811,000, or AED 2,791 per sqft, in line with the AED 2,859 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1501 over time
1501 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 1501 sits
All 162 1-beds →1501 last sold in August 2023 at AED 2,791 per sqft, in line with what one-beds in Canal Heights 2 were fetching at the time (AED 2,859). 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 15th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | Studio | 453 sqft | AED 1.34MAED 1,338,000 · Aug 2023August 2023 | ||
| 1503 | Studio | 462 sqft | AED 1.37MAED 1,365,000 · Aug 2023August 2023 | ||
| 1504 | Studio | 469 sqft | AED 1.39MAED 1,387,000 · Aug 2023August 2023 | ||
| 1505 | Studio | 472 sqft | AED 1.4MAED 1,395,000 · Sep 2023September 2023 | ||
| 1506 | Studio | 441 sqft | AED 1.28MAED 1,277,920 · Oct 2024October 2024 | ||
| 1507 | 2-bed | 1,327 sqft | AED 3.63MAED 3,634,000 · Aug 2023August 2023 | ||
| 1508 | 1-bed | 648 sqft | AED 1.79MAED 1,792,000 · Aug 2023August 2023 | ||
| 1509 | Studio | 453 sqft | AED 1.34MAED 1,338,000 · Aug 2023August 2023 | ||
| 1510 | Studio | 462 sqft | AED 1.37MAED 1,365,000 · Sep 2023September 2023 | ||
| 1511 | Studio | 469 sqft | AED 1.39MAED 1,387,000 · Sep 2023September 2023 | ||
| 1512 | Studio | 472 sqft | AED 1.4MAED 1,395,000 · Sep 2023September 2023 | ||
| 1513 | Studio | 440 sqft | AED 1.3MAED 1,304,000 · Sep 2023September 2023 | ||
| 1514 | 2-bed | 1,292 sqft | AED 3.41MAED 3,413,350 · Aug 2025August 2025 |
1501, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 28 August 2023 for AED 1,811,000, or AED 2,791 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 28 August 2023.
Questions about 1501, Canal Heights 2
What did unit 1501 last sell for?
AED 1,811,000 on 28 August 2023, sold by the developer: AED 2,791 per sqft for 649 sqft. It is the only registered sale of the unit.
How big is unit 1501?
649 sqft (60.3 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2027.
What is unit 1501 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 1501, Canal Heights 2
Starts from the last sale price (AED 1.81M, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,811,000
- Deposit, UAE resident (20%)
- AED 362,200
- Deposit, non-resident (40%)
- AED 724,400
- Monthly over 25 years at 3.7%
- AED 7,409
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →