SHOP 05, Canal Heights 2
Sold prices and rental history: sold once, by the developer in April 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 SHOP 05, Canal Heights 2
What is SHOP 05 worth today?
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Source: Dubai Land Department. Updated 5 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 902 sqft
- Floor
- Ground of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 2.43M · April 2024
- Building
- Canal Heights 2
About SHOP 05, Canal Heights 2
SHOP 05 is a one-bedroom apartment of 902 sqft on the ground 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 5 April 2024 for AED 2,426,000, or AED 2,690 per sqft, 5% below the AED 2,837 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for SHOP 05 over time
SHOP 05 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 SHOP 05 sits
All 162 1-beds →SHOP 05 last sold in April 2024 at AED 2,690 per sqft, 5% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,837). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 971 sqft | 2,683,120 | 2,763 | ||
| 15 Jul 202615 July 2026 | 823 sqft | 2,291,000 | 2,782 | ||
| 3 Jun 20263 June 2026 | 809 sqft | 2,194,000 | 2,711 | ||
| 13 Apr 202613 April 2026 | 965 sqft | 3,029,000 | 3,140 |
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
Other units on the ground floor
All 457 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| SHOP 01 | Studio | 465 sqft | AED 1.32MAED 1,320,000 · Oct 2023October 2023 | ||
| SHOP 03 | 3-bed | 2,196 sqft | AED 5.69MAED 5,688,000 · Sep 2023September 2023 | ||
| SHOP 04 | 1-bed | 881 sqft | AED 2.31MAED 2,311,820 · Oct 2024October 2024 | ||
| SHOP 06 | Studio | 497 sqft | AED 1.41MAED 1,411,000 · Nov 2023November 2023 | ||
| SHOP 07 | Studio | 465 sqft | AED 1.28MAED 1,282,340 · Oct 2023October 2023 | ||
| SHOP 08 | Studio | 457 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | ||
| SHOP 09 | Studio | 459 sqft | AED 1.29MAED 1,294,000 · Aug 2023August 2023 | ||
| SHOP 10 | Studio | 465 sqft | AED 1.32MAED 1,321,000 · Oct 2023October 2023 | ||
| SHOP 11 | Studio | 462 sqft | AED 1.3MAED 1,303,000 · Aug 2023August 2023 | ||
| SHOP 12 | Studio | 467 sqft | AED 1.32MAED 1,317,000 · Oct 2024October 2024 | ||
| SHOP 13 | Studio | 463 sqft | AED 1.32MAED 1,320,000 · Nov 2023November 2023 |
SHOP 05, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 5 April 2024 for AED 2,426,000, or AED 2,690 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 5 April 2024.
Questions about SHOP 05, Canal Heights 2
What did unit SHOP 05 last sell for?
AED 2,426,000 on 5 April 2024, sold by the developer: AED 2,690 per sqft for 902 sqft. It is the only registered sale of the unit.
How big is unit SHOP 05?
902 sqft (83.8 sqm): a one-bedroom apartment on the ground floor of a 43-storey tower completed in 2027.
What is unit SHOP 05 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 SHOP 05, Canal Heights 2
Starts from the last sale price (AED 2.43M, 5 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,426,000
- Deposit, UAE resident (20%)
- AED 485,200
- Deposit, non-resident (40%)
- AED 970,400
- Monthly over 25 years at 3.7%
- AED 9,926
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →