Studio · 465 sqftCanal Heights 1, Business Bay · 3rd floor · completed 2026

313, Canal Heights 1

Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 1.29M18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Canal Heights 1

What is 313 worth today?

Last sold for AED 1,291,000 in 2023

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18 Sep 2023Sold by developerOff-plan
AED 1,291,000AED 2,774 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2023.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
3rd of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 1.29M · September 2023

About 313, Canal Heights 1

313 is a studio of 465 sqft on the 3rd 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 18 September 2023 for AED 1,291,000, or AED 2,774 per sqft, in line with the AED 2,852 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical studio in Canal Heights 1
1.3M1.4M20232024202520262027Typical 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, September 2023: AED 1,291,000 (AED 2,774 per sqft)

313 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 1, and where 313 sits

All 199 studios →

313 last sold in September 2023 at AED 2,774 per sqft, in line with what studios in Canal Heights 1 were fetching at the time (AED 2,852). 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
18 Feb 20261,100,000
16 Feb 20261,274,000
12 Feb 20261,327,000
12 Feb 20261,278,000
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 3rd floor

All 396 units in Canal Heights 1
Value
3011-bedAED 2.14M · Aug 2023
302StudioAED 1.29M · Sep 2023
303StudioAED 1.26M · Sep 2023
304StudioAED 1.28M · Feb 2026
305StudioAED 1.3M · Sep 2023
306StudioAED 1.29M · Aug 2023
3081-bedAED 2.14M · Aug 2023
1–7 of 11

313, Canal Heights 1 in numbers

  • Sold once: by Vesta Real Estate Development on 18 September 2023 for AED 1,291,000, or AED 2,774 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 September 2023.

Questions about 313, Canal Heights 1

What did unit 313 last sell for?

AED 1,291,000 on 18 September 2023, sold by the developer: AED 2,774 per sqft for 465 sqft. It is the only registered sale of the unit.

How big is unit 313?

465 sqft (43.2 sqm): a studio on the 3rd floor of a 41-storey tower completed in 2026.

What is unit 313 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 313, Canal Heights 1

Starts from the last sale price (AED 1.29M, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,291,000
Deposit, UAE resident (20%)
AED 258,200
Deposit, non-resident (40%)
AED 516,400
Monthly over 25 years at 3.7%
AED 5,282

Plus AED 59,232 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →