2-bed · 499 sqftCanal Heights 2, Business Bay · 20th floor · completed 2027

2003, Canal Heights 2

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.42M20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Canal Heights 2

What is 2003 worth today?

Last sold for AED 1,421,000 in 2023

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20 Nov 2023Sold by developerOff-plan
AED 1,421,000AED 2,850 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
499 sqft
Floor
20th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 1.42M · November 2023

About 2003, Canal Heights 2

2003 is a two-bedroom apartment of 499 sqft on the 20th 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 20 November 2023 for AED 1,421,000, or AED 2,850 per sqft, in line with the AED 2,881 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical two-bed in Canal Heights 2
2M4M20232024202520262027Typical sale price by year: 2023 AED 3,556,135; 2024 AED 3,610,500; 2025 AED 3,573,200; 2026 AED 3,748,000Sold by developer, November 2023: AED 1,421,000 (AED 2,850 per sqft)

2003 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 2003 sits

All 47 2-beds →

2003 last sold in November 2023 at AED 2,850 per sqft, in line with what two-beds in Canal Heights 2 were fetching at the time (AED 2,881). 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 salesUnit no.Price (AED)Summary
29 Jul 20263,627,100
16 Apr 20263,794,000
13 Apr 20263,783,000
12 Mar 20264,011,040
15 2-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 20th floor

All 457 units in Canal Heights 2
Value
20011-bedAED 2.37M · Oct 2023
20021-bedAED 2.47M · Apr 2024
2004StudioAED 1.3M · Apr 2024
2005StudioAED 1.28M · Oct 2023
2006StudioAED 1.29M · Sep 2023
2008StudioAED 1.31M · Oct 2023
2009StudioAED 1.3M · Sep 2023

2003, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 20 November 2023 for AED 1,421,000, or AED 2,850 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 20 November 2023.

Questions about 2003, Canal Heights 2

What did unit 2003 last sell for?

AED 1,421,000 on 20 November 2023, sold by the developer: AED 2,850 per sqft for 499 sqft. It is the only registered sale of the unit.

How big is unit 2003?

499 sqft (46.4 sqm): a two-bedroom apartment on the 20th floor of a 43-storey tower completed in 2027.

What is unit 2003 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 2003, Canal Heights 2

Starts from the last sale price (AED 1.42M, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,000
Deposit, UAE resident (20%)
AED 284,200
Deposit, non-resident (40%)
AED 568,400
Monthly over 25 years at 3.7%
AED 5,814

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