SHOP 12, Canal Heights 2
Sold prices and rental history: sold once, by the developer in October 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 12, Canal Heights 2
What is SHOP 12 worth today?
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Source: Dubai Land Department. Updated 25 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- Ground of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completed
- 2027
- Last sold
- AED 1.32M · October 2024
- Building
- Canal Heights 2
About SHOP 12, Canal Heights 2
SHOP 12 is a studio of 467 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 25 October 2024 for AED 1,317,000, or AED 2,819 per sqft, in line with the AED 2,890 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for SHOP 12 over time
SHOP 12 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where SHOP 12 sits
All 256 studios →SHOP 12 last sold in October 2024 at AED 2,819 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,890). 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
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 05 | 1-bed | 902 sqft | AED 2.43MAED 2,426,000 · Apr 2024April 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 13 | Studio | 463 sqft | AED 1.32MAED 1,320,000 · Nov 2023November 2023 |
SHOP 12, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 25 October 2024 for AED 1,317,000, or AED 2,819 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 25 October 2024.
Questions about SHOP 12, Canal Heights 2
What did unit SHOP 12 last sell for?
AED 1,317,000 on 25 October 2024, sold by the developer: AED 2,819 per sqft for 467 sqft. It is the only registered sale of the unit.
How big is unit SHOP 12?
467 sqft (43.4 sqm): a studio on the ground floor of a 43-storey tower completed in 2027.
What is unit SHOP 12 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 SHOP 12, Canal Heights 2
Starts from the last sale price (AED 1.32M, 25 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,317,000
- Deposit, UAE resident (20%)
- AED 263,400
- Deposit, non-resident (40%)
- AED 526,800
- Monthly over 25 years at 3.7%
- AED 5,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →