P204, Canal Heights 2
Sold prices and rental history: sold twice, last in May 2025, 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 P204, Canal Heights 2
What is P204 worth today?
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Source: Dubai Land Department. Updated 20 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.2M · May 2025
- Building
- Canal Heights 2
About P204, Canal Heights 2
P204 is a studio of 430 sqft of Canal Heights 2, a 43-storey tower in Business Bay completed in 2027 by Resta Real Estate Development . It last sold on 20 May 2025 for AED 1,195,100, or AED 2,778 per sqft, 5% below the AED 2,913 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for P204 over time
P204 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P204 sits
All 256 studios →P204 last sold in May 2025 at AED 2,778 per sqft, 5% below what studios in Canal Heights 2 were fetching at the time (AED 2,913). 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
P204, Canal Heights 2 in numbers
- Sold twice: first on 5 September 2024 for AED 1,195,100, last on 20 May 2025 for AED 1,195,100 (AED 2,778 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 20 May 2025.
Questions about P204, Canal Heights 2
What did unit P204 last sell for?
AED 1,195,100 on 20 May 2025: AED 2,778 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 1,195,100 in September 2024.
How big is unit P204?
430 sqft (39.9 sqm): a studio of a 43-storey tower completed in 2027.
What is unit P204 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 P204, Canal Heights 2
Starts from the last sale price (AED 1.2M, 20 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,195,100
- Deposit, UAE resident (20%)
- AED 239,020
- Deposit, non-resident (40%)
- AED 478,040
- Monthly over 25 years at 3.7%
- AED 4,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →