1-bed · 969 sqftCanal Heights 2, Business Bay · 22nd floor · completed 2027

2205, Canal Heights 2

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

Unit 2205 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 2.47M1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, Canal Heights 2

What is 2205 worth today?

Last sold for AED 2,472,960 in 2024

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1 May 2024Sold by developerOff-plan
AED 2,472,960AED 2,698 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
22nd of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 2.47M · May 2024

About 2205, Canal Heights 2

2205 is a one-bedroom apartment of 969 sqft on the 22nd 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 1 May 2024 for AED 2,472,960, or AED 2,698 per sqft, 5% below the AED 2,836 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2205 over time

Sales
Unit 2205, each saleTypical one-bed in Canal Heights 2
2.25M2.5M20232024202520262027Typical sale price by year: 2023 AED 2,254,000; 2024 AED 2,178,500; 2025 AED 2,620,500; 2026 AED 2,591,060Sold by developer, May 2024: AED 2,472,960 (AED 2,698 per sqft)

2205 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 2205 sits

All 162 1-beds →

2205 last sold in May 2024 at AED 2,698 per sqft, 5% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,836). 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 salesUnit no.Price (AED)Summary
18 Sep 20262,683,120
15 Jul 20262,291,000
3 Jun 20262,194,000
13 Apr 20263,029,000
6 1-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 22nd floor

All 457 units in Canal Heights 2
Value
22011-bedAED 2.59M · Feb 2024
22021-bedAED 2.24M · Jan 2024
22031-bedAED 2.27M · Feb 2024
22042-bedAED 3.79M · Apr 2026
22061-bedAED 2.12M · Feb 2024
22071-bedAED 2.25M · Mar 2024
22082-bedAED 3.8M · Feb 2026
1–7 of 8

2205, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 1 May 2024 for AED 2,472,960, or AED 2,698 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 1 May 2024.

Questions about 2205, Canal Heights 2

What did unit 2205 last sell for?

AED 2,472,960 on 1 May 2024, sold by the developer: AED 2,698 per sqft for 969 sqft. It is the only registered sale of the unit.

How big is unit 2205?

969 sqft (90.0 sqm): a one-bedroom apartment on the 22nd floor of a 43-storey tower completed in 2027.

What is unit 2205 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 2205, Canal Heights 2

Starts from the last sale price (AED 2.47M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,472,960
Deposit, UAE resident (20%)
AED 494,592
Deposit, non-resident (40%)
AED 989,184
Monthly over 25 years at 3.7%
AED 10,118

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