1-bed · 913 sqftCanal Heights 2, Business Bay · 40th floor · completed 2027

4001, 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 4001 · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 2.49M28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Canal Heights 2

What is 4001 worth today?

Last sold for AED 2,493,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Aug 2023Sold by developerOff-plan
AED 2,493,000AED 2,731 per sqft

Source: Dubai Land Department. Updated 28 August 2023.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
40th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 2.49M · August 2023

About 4001, Canal Heights 2

4001 is a one-bedroom apartment of 913 sqft on the 40th 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 2,493,000, or AED 2,731 per sqft, 4% below the AED 2,859 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4001 over time

Sales
Unit 4001, 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, August 2023: AED 2,493,000 (AED 2,731 per sqft)

4001 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 4001 sits

All 162 1-beds →

4001 last sold in August 2023 at AED 2,731 per sqft, 4% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,859). 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 40th floor

All 457 units in Canal Heights 2
Value
4002StudioAED 1.51M · Oct 2023
4003StudioAED 1.37M · Sep 2023
4004StudioAED 1.28M · Oct 2023
4005StudioAED 1.29M · Aug 2023
4006StudioAED 1.31M · Sep 2023
4008StudioAED 1.3M · Aug 2023
40092-bedAED 3.61M · Mar 2024

4001, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 28 August 2023 for AED 2,493,000, or AED 2,731 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 28 August 2023.

Questions about 4001, Canal Heights 2

What did unit 4001 last sell for?

AED 2,493,000 on 28 August 2023, sold by the developer: AED 2,731 per sqft for 913 sqft. It is the only registered sale of the unit.

How big is unit 4001?

913 sqft (84.8 sqm): a one-bedroom apartment on the 40th floor of a 43-storey tower completed in 2027.

What is unit 4001 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.

Selling 4001? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4001, Canal Heights 2

Starts from the last sale price (AED 2.49M, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,493,000
Deposit, UAE resident (20%)
AED 498,600
Deposit, non-resident (40%)
AED 997,200
Monthly over 25 years at 3.7%
AED 10,200

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