
1607, Canal Heights 1
Sold prices and rental history: sold once, by the developer in September 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 1607, Canal Heights 1
What is 1607 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 16th of 41
- Parking
- 1
- Developer
- Vesta Real Estate Development
- Completed
- 2026
- Last sold
- AED 3.62M · September 2024
- Building
- Canal Heights 1
About 1607, Canal Heights 1
1607 is a two-bedroom apartment of 1,338 sqft on the 16th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development. The developer sold it on 24 September 2024 for AED 3,619,140, or AED 2,705 per sqft, in line with the AED 2,719 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1607 over time
1607 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Heights 1, and where 1607 sits
All 41 2-beds →1607 last sold in September 2024 at AED 2,705 per sqft, in line with what two-beds in Canal Heights 1 were fetching at the time (AED 2,719). Over the last 12 months two-beds sold for AED 4,266,000, around AED 2,862 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 1,490 sqft | 4,266,000 | 2,862 | ||
| 15 Jul 202515 July 2025 | 1,351 sqft | 3,527,000 | 2,610 | ||
| 1 Jul 20251 July 2025 | 1,596 sqft | 3,953,420 | 2,476 | ||
| 11 Jun 202511 June 2025 | 1,331 sqft | 3,647,000 | 2,740 |
Canal Heights 1
Building396 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
Other units on the 16th floor
All 396 units in Canal Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 688 sqft | AED 1.76MAED 1,763,000 · Aug 2023August 2023 | ||
| 1602 | Studio | 457 sqft | AED 1.35MAED 1,352,000 · Oct 2023October 2023 | ||
| 1603 | Studio | 464 sqft | AED 1.35MAED 1,351,000 · Aug 2023August 2023 | ||
| 1604 | Studio | 472 sqft | AED 1.37MAED 1,372,000 · Aug 2023August 2023 | ||
| 1605 | Studio | 477 sqft | AED 1.39MAED 1,387,000 · Aug 2023August 2023 | ||
| 1606 | Studio | 450 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 | ||
| 1608 | 1-bed | 688 sqft | AED 1.76MAED 1,763,000 · Aug 2023August 2023 | ||
| 1609 | Studio | 456 sqft | AED 1.32MAED 1,324,000 · Sep 2023September 2023 | ||
| 1610 | Studio | 465 sqft | AED 1.35MAED 1,351,000 · Aug 2023August 2023 | ||
| 1611 | Studio | 472 sqft | AED 1.34MAED 1,344,560 · Sep 2023September 2023 | ||
| 1612 | Studio | 474 sqft | AED 1.39MAED 1,387,000 · Jul 2025July 2025 | ||
| 1613 | Studio | 450 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 |
1607, Canal Heights 1 in numbers
- Sold once: by Vesta Real Estate Development on 24 September 2024 for AED 3,619,140, or AED 2,705 per sqft.
- Two-beds in Canal Heights 1 sold for AED 4,266,000–4,266,000 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 24 September 2024.
Questions about 1607, Canal Heights 1
What did unit 1607 last sell for?
AED 3,619,140 on 24 September 2024, sold by the developer: AED 2,705 per sqft for 1,338 sqft. It is the only registered sale of the unit.
How big is unit 1607?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 16th floor of a 41-storey tower completed in 2026.
What is unit 1607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Heights 1 sold for AED 4,266,000 to 4,266,000 in the last 12 months, around AED 2,862 per sqft.
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Mortgage on 1607, Canal Heights 1
Starts from the last sale price (AED 3.62M, 24 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,619,140
- Deposit, UAE resident (20%)
- AED 723,828
- Deposit, non-resident (40%)
- AED 1,447,656
- Monthly over 25 years at 3.7%
- AED 14,807
Plus AED 157,014 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →