409, Canal Heights 2
Sold prices and rental history: sold once, by the developer in February 2025, 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 409, Canal Heights 2
What is 409 worth today?
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Source: Dubai Land Department. Updated 4 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Floor
- 4th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.34M · February 2025
- Building
- Canal Heights 2
About 409, Canal Heights 2
409 is a studio of 472 sqft on the 4th 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 4 February 2025 for AED 1,342,000, or AED 2,841 per sqft, in line with the AED 2,916 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 409 sits
All 256 studios →409 last sold in February 2025 at AED 2,841 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,916). Over the last 12 months studios sold for AED 1,247,400 to 1,402,000, around AED 2,851 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 492 sqft | 1,402,000 | 2,851 | ||
| 11 Sep 202611 September 2026 | 477 sqft | 1,247,400 | 2,616 | ||
| 20 Aug 202620 August 2026 | 456 sqft | 1,304,000 | 2,859 | ||
| 26 Jun 202626 June 2026 | 458 sqft | 1,313,000 | 2,864 |
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 4th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 486 sqft | AED 1.39MAED 1,391,000 · Oct 2023October 2023 | ||
| 403 | 1-bed | 1,013 sqft | AED 2.75MAED 2,747,000 · Jan 2025January 2025 | ||
| 404 | Studio | 483 sqft | AED 1.38MAED 1,382,000 · Oct 2023October 2023 | ||
| 405 | Studio | 440 sqft | AED 1.27MAED 1,272,000 · Sep 2023September 2023 | ||
| 406 | Studio | 455 sqft | AED 1.29MAED 1,291,000 · Aug 2023August 2023 | ||
| 408 | Studio | 459 sqft | AED 1.31MAED 1,314,000 · Oct 2023October 2023 | ||
| 410 | 3-bed | 2,207 sqft | AED 5.76MAED 5,761,000 · Apr 2026April 2026 | ||
| 420 | 1-bed | 734 sqft | AED 2.06MAED 2,062,000 · Feb 2025February 2025 | ||
| 421 | 1-bed | 733 sqft | AED 2MAED 2,000,015 · Feb 2025February 2025 |
409, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 4 February 2025 for AED 1,342,000, or AED 2,841 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 4 February 2025.
Questions about 409, Canal Heights 2
What did unit 409 last sell for?
AED 1,342,000 on 4 February 2025, sold by the developer: AED 2,841 per sqft for 472 sqft. It is the only registered sale of the unit.
How big is unit 409?
472 sqft (43.9 sqm): a studio on the 4th floor of a 43-storey tower completed in 2027.
What is unit 409 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 409, Canal Heights 2
Starts from the last sale price (AED 1.34M, 4 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,342,000
- Deposit, UAE resident (20%)
- AED 268,400
- Deposit, non-resident (40%)
- AED 536,800
- Monthly over 25 years at 3.7%
- AED 5,491
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →