P305, 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 P305, Canal Heights 2
What is P305 worth today?
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Source: Dubai Land Department. Updated 22 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.26M · August 2023
- Building
- Canal Heights 2
About P305, Canal Heights 2
P305 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 22 August 2023 for AED 1,259,000, or AED 2,796 per sqft, 5% below 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 P305 over time
P305 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P305 sits
All 256 studios →P305 last sold in August 2023 at AED 2,796 per sqft, 5% below 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
P305, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 22 August 2023 for AED 1,259,000, or AED 2,796 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 P305, Canal Heights 2
What did unit P305 last sell for?
AED 1,259,000 on 22 August 2023, sold by the developer: AED 2,796 per sqft for 450 sqft. It is the only registered sale of the unit.
How big is unit P305?
450 sqft (41.8 sqm): a studio of a 43-storey tower completed in 2027.
What is unit P305 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 P305? Put it on the OpenOffers board
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Mortgage on P305, Canal Heights 2
Starts from the last sale price (AED 1.26M, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,259,000
- Deposit, UAE resident (20%)
- AED 251,800
- Deposit, non-resident (40%)
- AED 503,600
- Monthly over 25 years at 3.7%
- AED 5,151
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →