P205, Canal Heights 2
Sold prices and rental history: sold once, by the developer in January 2024, 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 P205, Canal Heights 2
What is P205 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.27M · January 2024
- Building
- Canal Heights 2
About P205, Canal Heights 2
P205 is a studio of 450 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 9 January 2024 for AED 1,265,000, or AED 2,810 per sqft, in line with the AED 2,882 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for P205 over time
P205 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P205 sits
All 256 studios →P205 last sold in January 2024 at AED 2,810 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,882). 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
P205, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 9 January 2024 for AED 1,265,000, or AED 2,810 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 9 January 2024.
Questions about P205, Canal Heights 2
What did unit P205 last sell for?
AED 1,265,000 on 9 January 2024, sold by the developer: AED 2,810 per sqft for 450 sqft. It is the only registered sale of the unit.
How big is unit P205?
450 sqft (41.8 sqm): a studio of a 43-storey tower completed in 2027.
What is unit P205 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 P205? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on P205, Canal Heights 2
Starts from the last sale price (AED 1.27M, 9 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,265,000
- Deposit, UAE resident (20%)
- AED 253,000
- Deposit, non-resident (40%)
- AED 506,000
- Monthly over 25 years at 3.7%
- AED 5,176
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →