Studio · 484 sqftCanal Heights 2, Business Bay · 7th floor · completed 2027

702, Canal Heights 2

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 1.4M9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Canal Heights 2

What is 702 worth today?

Last sold for AED 1,400,000 in 2024

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9 Feb 2024Sold by developerOff-plan
AED 1,400,000AED 2,890 per sqft

Source: Dubai Land Department. Updated 9 February 2024.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
7th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 1.4M · February 2024

About 702, Canal Heights 2

702 is a studio of 484 sqft on the 7th 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 9 February 2024 for AED 1,400,000, or AED 2,890 per sqft, in line with the AED 2,884 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Canal Heights 2
1.3M1.35M1.4M20232024202520262027Typical 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, February 2024: AED 1,400,000 (AED 2,890 per sqft)

702 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 702 sits

All 256 studios →

702 last sold in February 2024 at AED 2,890 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,884). 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 7th floor

All 457 units in Canal Heights 2
Value
7032-bedAED 2.74M · Dec 2023
7042-bedAED 1.36M · Dec 2023
706StudioAED 1.29M · Aug 2023
707StudioAED 1.31M · Aug 2023
708StudioAED 1.31M · Aug 2023
709StudioAED 1.37M · Oct 2024
7103-bedAED 5.83M · Oct 2025
1–7 of 18

702, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 9 February 2024 for AED 1,400,000, or AED 2,890 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 9 February 2024.

Questions about 702, Canal Heights 2

What did unit 702 last sell for?

AED 1,400,000 on 9 February 2024, sold by the developer: AED 2,890 per sqft for 484 sqft. It is the only registered sale of the unit.

How big is unit 702?

484 sqft (45.0 sqm): a studio on the 7th floor of a 43-storey tower completed in 2027.

What is unit 702 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 702, Canal Heights 2

Starts from the last sale price (AED 1.4M, 9 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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