1506, 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 1506, Canal Heights 2
What is 1506 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 441 sqft
- Floor
- 15th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.28M · October 2024
- Building
- Canal Heights 2
About 1506, Canal Heights 2
1506 is a studio of 441 sqft on the 15th floor of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . It last sold on 16 October 2024 for AED 1,277,920, or AED 2,894 per sqft, in line with the AED 2,870 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 1506 sits
All 256 studios →1506 last sold in October 2024 at AED 2,894 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,870). Over the last 12 months studios sold for AED 1,247,400 to 1,402,000, around AED 2,851 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 492 sqft | 1,402,000 | 2,851 | ||
| 11 Sep 202611 September 2026 | 477 sqft | 1,247,400 | 2,616 | ||
| 20 Aug 202620 August 2026 | 456 sqft | 1,304,000 | 2,859 | ||
| 26 Jun 202626 June 2026 | 458 sqft | 1,313,000 | 2,864 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 649 sqft | AED 1.81MAED 1,811,000 · Aug 2023August 2023 | ||
| 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 | ||
| 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 |
1506, Canal Heights 2 in numbers
- Sold twice: first on 15 August 2023 for AED 1,277,920, last on 16 October 2024 for AED 1,277,920 (AED 2,894 per sqft).
- Studios in Canal Heights 2 sold for AED 1,247,400–1,402,000 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 16 October 2024.
Questions about 1506, Canal Heights 2
What did unit 1506 last sell for?
AED 1,277,920 on 16 October 2024: AED 2,894 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 1,277,920 in August 2023.
How big is unit 1506?
441 sqft (41.0 sqm): a studio on the 15th floor of a 43-storey tower completed in 2027.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Heights 2 sold for AED 1,247,400 to 1,402,000 in the last 12 months, around AED 2,851 per sqft.
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Mortgage on 1506, Canal Heights 2
Starts from the last sale price (AED 1.28M, 16 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,277,920
- Deposit, UAE resident (20%)
- AED 255,584
- Deposit, non-resident (40%)
- AED 511,168
- Monthly over 25 years at 3.7%
- AED 5,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →