718, 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.
Property timeline for 718, Canal Heights 2
What is 718 worth today?
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Source: Dubai Land Department. Updated 22 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 455 sqft
- Floor
- 7th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.3M · August 2023
- Building
- Canal Heights 2
About 718, Canal Heights 2
718 is a studio of 455 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 August 2023 for AED 1,304,000, or AED 2,867 per sqft, in line with the AED 2,932 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 718 over time
718 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 718 sits
All 256 studios →718 last sold in August 2023 at AED 2,867 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,932). 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 7th floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 484 sqft | AED 1.4MAED 1,400,000 · Feb 2024February 2024 | ||
| 703 | 2-bed | 998 sqft | AED 2.74MAED 2,736,000 · Dec 2023December 2023 | ||
| 704 | 2-bed | 470 sqft | AED 1.36MAED 1,359,000 · Dec 2023December 2023 | ||
| 706 | Studio | 449 sqft | AED 1.29MAED 1,288,000 · Aug 2023August 2023 | ||
| 707 | Studio | 456 sqft | AED 1.31MAED 1,307,000 · Aug 2023August 2023 | ||
| 708 | Studio | 455 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 | ||
| 709 | Studio | 479 sqft | AED 1.37MAED 1,374,000 · Oct 2024October 2024 | ||
| 710 | 3-bed | 2,208 sqft | AED 5.83MAED 5,829,000 · Oct 2025October 2025 | ||
| 711 | 1-bed | 877 sqft | AED 2.4MAED 2,403,000 · Oct 2023October 2023 | ||
| 712 | 1-bed | 913 sqft | AED 2.5MAED 2,502,000 · Oct 2023October 2023 | ||
| 713 | Studio | 522 sqft | AED 1.51MAED 1,510,000 · Jan 2024January 2024 | ||
| 714 | Studio | 480 sqft | AED 1.39MAED 1,388,000 · Jan 2024January 2024 | ||
| 715 | Studio | 457 sqft | AED 1.28MAED 1,282,340 · Oct 2023October 2023 | ||
| 716 | Studio | 453 sqft | AED 980KAED 980,000 · Apr 2025April 2025 | ||
| 717 | Studio | 233 sqft | AED 1.31MAED 1,307,000 · Aug 2023August 2023 | ||
| 719 | Studio | 481 sqft | AED 1.38MAED 1,379,000 · Oct 2024October 2024 | ||
| 720 | 1-bed | 730 sqft | AED 2.08MAED 2,080,000 · Oct 2024October 2024 | ||
| 721 | 1-bed | 729 sqft | AED 2.08MAED 2,077,000 · Oct 2024October 2024 |
718, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 22 August 2023 for AED 1,304,000, or AED 2,867 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 22 August 2023.
Questions about 718, Canal Heights 2
What did unit 718 last sell for?
AED 1,304,000 on 22 August 2023, sold by the developer: AED 2,867 per sqft for 455 sqft. It is the only registered sale of the unit.
How big is unit 718?
455 sqft (42.3 sqm): a studio on the 7th floor of a 43-storey tower completed in 2027.
What is unit 718 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.
Selling 718? Put it on the OpenOffers board
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Mortgage on 718, Canal Heights 2
Starts from the last sale price (AED 1.3M, 22 August 2023). 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 →