2-bed · 998 sqftCanal Heights 2, Business Bay · 7th floor · completed 2027

703, Canal Heights 2

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 2.74M22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Canal Heights 2

What is 703 worth today?

Last sold for AED 2,736,000 in 2023

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22 Dec 2023Sold by developerOff-plan
AED 2,736,000AED 2,740 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
2-bed apartment
Size
998 sqft
Floor
7th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 2.74M · December 2023

About 703, Canal Heights 2

703 is a two-bedroom apartment of 998 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 22 December 2023 for AED 2,736,000, or AED 2,740 per sqft, 3% below the AED 2,836 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Canal Heights 2
3M3.5M20232024202520262027Typical sale price by year: 2023 AED 3,556,135; 2024 AED 3,610,500; 2025 AED 3,573,200; 2026 AED 3,748,000Sold by developer, December 2023: AED 2,736,000 (AED 2,740 per sqft)

703 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 703 sits

All 47 2-beds →

703 last sold in December 2023 at AED 2,740 per sqft, 3% below what two-beds in Canal Heights 2 were fetching at the time (AED 2,836). 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 salesUnit no.Price (AED)Summary
29 Jul 20263,627,100
16 Apr 20263,794,000
13 Apr 20263,783,000
12 Mar 20264,011,040
15 2-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 7th floor

All 457 units in Canal Heights 2
Value
702StudioAED 1.4M · Feb 2024
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

703, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 22 December 2023 for AED 2,736,000, or AED 2,740 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 22 December 2023.

Questions about 703, Canal Heights 2

What did unit 703 last sell for?

AED 2,736,000 on 22 December 2023, sold by the developer: AED 2,740 per sqft for 998 sqft. It is the only registered sale of the unit.

How big is unit 703?

998 sqft (92.7 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2027.

What is unit 703 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 703, Canal Heights 2

Starts from the last sale price (AED 2.74M, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,736,000
Deposit, UAE resident (20%)
AED 547,200
Deposit, non-resident (40%)
AED 1,094,400
Monthly over 25 years at 3.7%
AED 11,194

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