Studio · 487 sqftCanal Heights 2, Business Bay · 2nd floor · completed 2027

202, Canal Heights 2

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 1.38M16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Canal Heights 2

What is 202 worth today?

Last sold for AED 1,383,000 in 2024

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16 Jan 2024Sold by developerOff-plan
AED 1,383,000AED 2,841 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
2nd of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 1.38M · January 2024

About 202, Canal Heights 2

202 is a studio of 487 sqft on the 2nd 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 16 January 2024 for AED 1,383,000, or AED 2,841 per sqft, in line with the AED 2,882 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical studio in Canal Heights 2
1.3M1.35M20232024202520262027Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,315,000; 2026 AED 1,308,500Sold by developer, January 2024: AED 1,383,000 (AED 2,841 per sqft)

202 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 202 sits

All 256 studios →

202 last sold in January 2024 at AED 2,841 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,882). Over the last 12 months studios sold for AED 1,247,400 to 1,402,000, around AED 2,851 per sqft.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 20261,402,000
11 Sep 20261,247,400
20 Aug 20261,304,000
26 Jun 20261,313,000
5 studio 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 2nd floor

All 457 units in Canal Heights 2
Value
2031-bedAED 2.47M · Oct 2025
204StudioAED 1.29M · Oct 2023
205StudioAED 1.27M · Aug 2023
206StudioAED 1.3M · Nov 2023
208StudioAED 1.31M · Jun 2026
209StudioAED 1.32M · May 2025
2201-bedAED 2.04M · Feb 2025
1–7 of 8

202, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 16 January 2024 for AED 1,383,000, or AED 2,841 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 January 2024.

Questions about 202, Canal Heights 2

What did unit 202 last sell for?

AED 1,383,000 on 16 January 2024, sold by the developer: AED 2,841 per sqft for 487 sqft. It is the only registered sale of the unit.

How big is unit 202?

487 sqft (45.2 sqm): a studio on the 2nd floor of a 43-storey tower completed in 2027.

What is unit 202 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 202, Canal Heights 2

Starts from the last sale price (AED 1.38M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,383,000
Deposit, UAE resident (20%)
AED 276,600
Deposit, non-resident (40%)
AED 553,200
Monthly over 25 years at 3.7%
AED 5,658

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