1-bed · 984 sqftCanal Heights 2, Business Bay · completed 2027

P203, Canal Heights 2

Sold prices and rental history: sold once, by the developer in June 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P203 · DLD and Ejari recordsUpdated 3 June 2025
Last soldAED 2.62M3 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P203, Canal Heights 2

What is P203 worth today?

Last sold for AED 2,617,000 in 2025

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3 Jun 2025Sold by developerOff-plan
AED 2,617,000AED 2,660 per sqft

Source: Dubai Land Department. Updated 3 June 2025.

Key facts

Type
1-bed apartment
Size
984 sqft
Parking
1
Developer
Resta Real Estate Development
Completed
2027
Last sold
AED 2.62M · June 2025

About P203, Canal Heights 2

P203 is a one-bedroom apartment of 984 sqft of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . The developer sold it on 3 June 2025 for AED 2,617,000, or AED 2,660 per sqft, 7% below the AED 2,854 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P203 over time

Sales
Unit P203, each saleTypical one-bed in Canal Heights 2
2.25M2.5M20232024202520262027Typical 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, June 2025: AED 2,617,000 (AED 2,660 per sqft)

P203 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 P203 sits

All 162 1-beds →

P203 last sold in June 2025 at AED 2,660 per sqft, 7% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,854). 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 →

P203, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 3 June 2025 for AED 2,617,000, or AED 2,660 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 3 June 2025.

Questions about P203, Canal Heights 2

What did unit P203 last sell for?

AED 2,617,000 on 3 June 2025, sold by the developer: AED 2,660 per sqft for 984 sqft. It is the only registered sale of the unit.

How big is unit P203?

984 sqft (91.4 sqm): a one-bedroom apartment of a 43-storey tower completed in 2027.

What is unit P203 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 P203, Canal Heights 2

Starts from the last sale price (AED 2.62M, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,617,000
Deposit, UAE resident (20%)
AED 523,400
Deposit, non-resident (40%)
AED 1,046,800
Monthly over 25 years at 3.7%
AED 10,707

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