Studio · 454 sqftCanal Heights 1, Business Bay · 10th floor · completed 2026

1012, Canal Heights 1

Sold prices and rental history: sold 3 times, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 18 February 2026
Last soldAED 1.1M18 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Canal Heights 1

What is 1012 worth today?

Last sold for AED 1,100,000 in 2026

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18 Feb 2026SoldOff-plan
AED 1,100,000AED 2,438 per sqft
29 Jul 2024SoldOff-plan
AED 972,490AED 2,140 per sqft
23 Aug 2023Sold by developerOff-plan
AED 1,294,000AED 2,848 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2026.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
10th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1.1M · February 2026

About 1012, Canal Heights 1

1012 is a studio of 454 sqft on the 10th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development. It last sold on 18 February 2026 for AED 1,100,000, or AED 2,438 per sqft, 14% below the AED 2,821 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical studio in Canal Heights 1
1M1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,317,000; 2025 AED 1,387,000; 2026 AED 1,276,000Sold by developer, August 2023: AED 1,294,000 (AED 2,848 per sqft)Sold, July 2024: AED 972,490 (AED 2,140 per sqft)Sold, February 2026: AED 1,100,000 (AED 2,438 per sqft)

1012 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 1, and where 1012 sits

All 199 studios →

1012 last sold in February 2026 at AED 2,438 per sqft, 14% below what studios in Canal Heights 1 were fetching at the time (AED 2,821). Over the last 12 months studios sold for AED 1,100,000 to 1,327,000, around AED 2,812 per sqft.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 20261,274,000
12 Feb 20261,327,000
12 Feb 20261,278,000
21 Jul 20251,387,000
6 studio sales in the last 12 months

Canal Heights 1

Building

396 apartments, studios to 3-bed over 41 floors in Business Bay, completed in 2026 by Vesta Real Estate Development. 8 sold in the last 12 months.

Typical price per sqft
AED 2,842
Typical sale
AED 1.3M
Typical rent
Few contracts
Typical yield
Canal Heights 1, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 396 units in Canal Heights 1
Value
10011-bedAED 1.97M · Aug 2023
1002StudioAED 1.33M · Aug 2023
1003StudioAED 1.35M · Aug 2023
1004StudioAED 1.35M · Aug 2023
1005StudioAED 1.29M · Aug 2023
1006StudioAED 1.3M · Aug 2023
1007StudioAED 1.35M · Nov 2024
1–7 of 15

1012, Canal Heights 1 in numbers

  • Sold 3 times: first on 23 August 2023 for AED 1,294,000, last on 18 February 2026 for AED 1,100,000 (AED 2,438 per sqft).
  • Studios in Canal Heights 1 sold for AED 1,100,000–1,327,000 in the 12 months to November 2026; the building's median across all types is AED 2,842 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2026.

Questions about 1012, Canal Heights 1

What did unit 1012 last sell for?

AED 1,100,000 on 18 February 2026: AED 2,438 per sqft for 454 sqft. The unit has 3 registered sales; the first was AED 1,294,000 in August 2023.

How big is unit 1012?

454 sqft (42.2 sqm): a studio on the 10th floor of a 41-storey tower completed in 2026.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Canal Heights 1 sold for AED 1,100,000 to 1,327,000 in the last 12 months, around AED 2,812 per sqft.

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Mortgage on 1012, Canal Heights 1

Starts from the last sale price (AED 1.1M, 18 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →