1-bed · 729 sqftCanal Heights 2, Business Bay · 7th floor · completed 2027

721, Canal Heights 2

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

Unit 721 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 2.08M28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Canal Heights 2

What is 721 worth today?

Last sold for AED 2,077,000 in 2024

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28 Oct 2024Sold by developerOff-plan
AED 2,077,000AED 2,848 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
7th of 43
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 2.08M · October 2024

About 721, Canal Heights 2

721 is a one-bedroom apartment of 729 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 28 October 2024 for AED 2,077,000, or AED 2,848 per sqft, in line with the AED 2,798 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical one-bed in Canal Heights 2
2M2.25M2.5M20232024202520262027Typical sale price by year: 2023 AED 2,254,000; 2024 AED 2,178,500; 2025 AED 2,620,500; 2026 AED 2,591,060Sold by developer, October 2024: AED 2,077,000 (AED 2,848 per sqft)

721 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Canal Heights 2, and where 721 sits

All 162 1-beds →

721 last sold in October 2024 at AED 2,848 per sqft, in line with what one-beds in Canal Heights 2 were fetching at the time (AED 2,798). Over the last 12 months one-beds sold for AED 2,194,000 to 3,029,000, around AED 2,872 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Sep 20262,683,120
15 Jul 20262,291,000
3 Jun 20262,194,000
13 Apr 20263,029,000
6 1-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
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
1–7 of 18

721, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 28 October 2024 for AED 2,077,000, or AED 2,848 per sqft.
  • One-beds in Canal Heights 2 sold for AED 2,194,000–3,029,000 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 28 October 2024.

Questions about 721, Canal Heights 2

What did unit 721 last sell for?

AED 2,077,000 on 28 October 2024, sold by the developer: AED 2,848 per sqft for 729 sqft. It is the only registered sale of the unit.

How big is unit 721?

729 sqft (67.7 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2027.

What is unit 721 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Heights 2 sold for AED 2,194,000 to 3,029,000 in the last 12 months, around AED 2,872 per sqft.

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Mortgage on 721, Canal Heights 2

Starts from the last sale price (AED 2.08M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,077,000
Deposit, UAE resident (20%)
AED 415,400
Deposit, non-resident (40%)
AED 830,800
Monthly over 25 years at 3.7%
AED 8,498

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