Studio · 450 sqftCanal Heights 2, Business Bay · 32nd floor · completed 2027

3203, Canal Heights 2

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 1.05M12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Canal Heights 2

What is 3203 worth today?

Last sold for AED 1,050,000 in 2025

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12 Mar 2025SoldOff-plan
AED 1,050,000AED 2,330 per sqft
22 Aug 2023Sold by developerOff-plan
AED 1,421,000AED 3,184 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
32nd of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 1.05M · March 2025

About 3203, Canal Heights 2

3203 is a studio of 450 sqft on the 32nd floor of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . It last sold on 12 March 2025 for AED 1,050,000, or AED 2,330 per sqft, 20% below the AED 2,913 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3203 over time

Sales
Unit 3203, each saleTypical studio in Canal Heights 2
1M1.2M1.4M20232024202520262027Typical 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 1,421,000 (AED 3,184 per sqft)Sold, March 2025: AED 1,050,000 (AED 2,330 per sqft)

3203 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 3203 sits

All 256 studios →

3203 last sold in March 2025 at AED 2,330 per sqft, 20% below what studios in Canal Heights 2 were fetching at the time (AED 2,913). 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 32nd floor

All 457 units in Canal Heights 2
Value
32011-bedAED 1.84M · Aug 2023
32021-bedAED 2.21M · Aug 2023
32042-bedAED 4.32M · Aug 2023
32051-bedAED 1.84M · Aug 2023
32061-bedAED 2.16M · Aug 2023
3207StudioAED 1.42M · Aug 2023
32082-bedAED 4.22M · Mar 2026
1–7 of 8

3203, Canal Heights 2 in numbers

  • Sold twice: first on 22 August 2023 for AED 1,421,000, last on 12 March 2025 for AED 1,050,000 (AED 2,330 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 12 March 2025.

Questions about 3203, Canal Heights 2

What did unit 3203 last sell for?

AED 1,050,000 on 12 March 2025: AED 2,330 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 1,421,000 in August 2023.

How big is unit 3203?

450 sqft (41.8 sqm): a studio on the 32nd floor of a 43-storey tower completed in 2027.

What is unit 3203 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 3203, Canal Heights 2

Starts from the last sale price (AED 1.05M, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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