518, Canal Heights 2
Sold prices and rental history: sold once, by the developer in August 2026, 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 518, Canal Heights 2
What is 518 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 456 sqft
- Floor
- 5th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.3M · August 2026
- Building
- Canal Heights 2
About 518, Canal Heights 2
518 is a studio of 456 sqft on the 5th 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 20 August 2026 for AED 1,304,000, or AED 2,859 per sqft, in line with the AED 2,855 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 518 over time
518 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 518 sits
All 256 studios →518 last sold in August 2026 at AED 2,859 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,855). 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 | ||
| 26 Jun 202626 June 2026 | 458 sqft | 1,313,000 | 2,864 | ||
| 30 Dec 202530 December 2025 | 459 sqft | 1,308,000 | 2,850 |
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 5th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 486 sqft | AED 1.38MAED 1,384,000 · Sep 2023September 2023 | ||
| 503 | 1-bed | 1,012 sqft | AED 2.75MAED 2,753,000 · Jan 2025January 2025 | ||
| 504 | Studio | 474 sqft | AED 1.36MAED 1,361,000 · Feb 2024February 2024 | ||
| 505 | Studio | 457 sqft | AED 1.3MAED 1,301,000 · Aug 2023August 2023 | ||
| 506 | Studio | 453 sqft | AED 1.3MAED 1,301,000 · Jan 2024January 2024 | ||
| 508 | Studio | 458 sqft | AED 1.3MAED 1,304,000 · Sep 2023September 2023 | ||
| 509 | 2-bed | 1,353 sqft | AED 3.61MAED 3,613,000 · Apr 2024April 2024 | ||
| 510 | 3-bed | 2,207 sqft | AED 5.8MAED 5,797,000 · Jul 2025July 2025 | ||
| 519 | 2-bed | 1,287 sqft | AED 3.4MAED 3,402,630 · Jul 2025July 2025 |
518, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 20 August 2026 for AED 1,304,000, or AED 2,859 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 20 August 2026.
Questions about 518, Canal Heights 2
What did unit 518 last sell for?
AED 1,304,000 on 20 August 2026, sold by the developer: AED 2,859 per sqft for 456 sqft. It is the only registered sale of the unit.
How big is unit 518?
456 sqft (42.4 sqm): a studio on the 5th floor of a 43-storey tower completed in 2027.
What is unit 518 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 518, Canal Heights 2
Starts from the last sale price (AED 1.3M, 20 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,304,000
- Deposit, UAE resident (20%)
- AED 260,800
- Deposit, non-resident (40%)
- AED 521,600
- Monthly over 25 years at 3.7%
- AED 5,335
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →