3406, Canal Heights 2
Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3406, Canal Heights 2
What is 3406 worth today?
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Source: Dubai Land Department. Updated 16 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,485 sqft
- Floor
- 34th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.63M · July 2024
- Building
- Canal Heights 2
About 3406, Canal Heights 2
3406 is a two-bedroom apartment of 1,485 sqft on the 34th 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 July 2024 for AED 1,633,000, or AED 1,099 per sqft, 61% below the AED 2,818 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 3406 over time
3406 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 3406 sits
All 47 2-beds →3406 last sold in July 2024 at AED 1,099 per sqft, 61% below what two-beds in Canal Heights 2 were fetching at the time (AED 2,818). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 1,330 sqft | 3,627,100 | 2,726 | ||
| 16 Apr 202616 April 2026 | 1,326 sqft | 3,794,000 | 2,860 | ||
| 13 Apr 202613 April 2026 | 1,313 sqft | 3,783,000 | 2,880 | ||
| 12 Mar 202612 March 2026 | 1,314 sqft | 4,011,040 | 3,052 |
Canal Heights 2
Building457 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
Other units on the 34th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 1-bed | 890 sqft | AED 2.62MAED 2,620,000 · Aug 2023August 2023 | ||
| 3402 | 1-bed | 828 sqft | AED 2.44MAED 2,438,000 · Aug 2023August 2023 | ||
| 3403 | Studio | 513 sqft | AED 1.63MAED 1,633,000 · Oct 2024October 2024 | ||
| 3404 | 1-bed | 890 sqft | AED 2.62MAED 2,620,000 · Aug 2023August 2023 | ||
| 3405 | 1-bed | 844 sqft | AED 2.5MAED 2,499,000 · Feb 2026February 2026 | ||
| 3407 | 1-bed | 971 sqft | AED 2.68MAED 2,683,120 · Sep 2026September 2026 | ||
| 3408 | 1-bed | 877 sqft | AED 2.3MAED 2,295,990 · Aug 2023August 2023 | ||
| 3409 | 1-bed | 913 sqft | AED 2.48MAED 2,483,000 · Nov 2023November 2023 | ||
| 3403A | 1-bed | 965 sqft | AED 3.03MAED 3,029,000 · Apr 2026April 2026 |
3406, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 16 July 2024 for AED 1,633,000, or AED 1,099 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 16 July 2024.
Questions about 3406, Canal Heights 2
What did unit 3406 last sell for?
AED 1,633,000 on 16 July 2024, sold by the developer: AED 1,099 per sqft for 1,485 sqft. It is the only registered sale of the unit.
How big is unit 3406?
1,485 sqft (138.0 sqm): a two-bedroom apartment on the 34th floor of a 43-storey tower completed in 2027.
What is unit 3406 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 3406, Canal Heights 2
Starts from the last sale price (AED 1.63M, 16 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,633,000
- Deposit, UAE resident (20%)
- AED 326,600
- Deposit, non-resident (40%)
- AED 653,200
- Monthly over 25 years at 3.7%
- AED 6,681
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →