Studio · 463 sqftCanal Heights 2, Business Bay · 28th floor · completed 2027

2803, 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.

Unit 2803 · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 1.45M28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Canal Heights 2

What is 2803 worth today?

Last sold for AED 1,450,000 in 2023

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28 Aug 2023Sold by developerOff-plan
AED 1,450,000AED 3,129 per sqft

Source: Dubai Land Department. Updated 28 August 2023.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
28th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 1.45M · August 2023

About 2803, Canal Heights 2

2803 is a studio of 463 sqft on the 28th 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 1,450,000, or AED 3,129 per sqft, 8% above the AED 2,907 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2803 over time

Sales
Unit 2803, each saleTypical studio in Canal Heights 2
1.3M1.4M20232024202520262027Typical 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, August 2023: AED 1,450,000 (AED 3,129 per sqft)

2803 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 2803 sits

All 256 studios →

2803 last sold in August 2023 at AED 3,129 per sqft, 8% above what studios in Canal Heights 2 were fetching at the time (AED 2,907). 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 28th floor

All 457 units in Canal Heights 2
Value
28011-bedAED 2.22M · Aug 2023
28021-bedAED 2.2M · Sep 2023
2804StudioAED 1.58M · Oct 2024
28051-bedAED 2.22M · Aug 2023
28061-bedAED 2.2M · Aug 2023
2807StudioAED 1.45M · Sep 2023
2808StudioAED 1.58M · Oct 2024
1–7 of 8

2803, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 28 August 2023 for AED 1,450,000, or AED 3,129 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 28 August 2023.

Questions about 2803, Canal Heights 2

What did unit 2803 last sell for?

AED 1,450,000 on 28 August 2023, sold by the developer: AED 3,129 per sqft for 463 sqft. It is the only registered sale of the unit.

How big is unit 2803?

463 sqft (43.0 sqm): a studio on the 28th floor of a 43-storey tower completed in 2027.

What is unit 2803 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 2803, Canal Heights 2

Starts from the last sale price (AED 1.45M, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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