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BuildingBusiness Bay · Resta Real Estate Development · 2027

Canal Heights 2

Studios to three-beds in Business Bay. 4 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 17 February 2026
Typical price per sqftAED 2,8174 sales
Typical saleAED 2.96M4 sales

About Canal Heights 2

Canal Heights 2 is a high‑rise, branded residential tower in Business Bay, set along the Dubai Canal with views across the water and the Downtown skyline. It is an off‑plan development scheduled for handover in Q1 2027, adding to the growing cluster of contemporary waterfront residences in the district. Homes range from studios and one- to four‑bedroom apartments to select duplex layouts, designed with floor‑to‑ceiling glazing and balconies oriented to canal or city vistas. As an under‑construction project, it targets modern urban living with a focus on light, outlook and efficient plans in a polished, contemporary finish. Lifestyle facilities are planned across leisure and wellness zones, including an infinity pool, gym, spa elements and landscaped relaxation areas. The tower concept also features lounges and children’s play spaces, with retail and café options envisioned at podium level to activate the canal promenade. Round‑the‑clock concierge and security, resident parking and controlled access are standard inclusions for the building. The location offers straightforward connectivity to core business and leisure hubs. From Business Bay, residents are a short drive from Downtown Dubai and Dubai Mall, with convenient links to major arteries such as Sheikh Zayed Road and Al Khail Road. This central setting places workplaces, dining and shopping clusters within easy reach while preserving the appeal of waterfront walks along the canal. As of late 2025, Canal Heights 2 remains under development with completion expected in early 2027, positioning it as a new addition to Business Bay’s canal‑side skyline upon handover.

460 apartments over 43 floors: 254 studios of 355 to 522 sqft, 156 one-beds of 513 to 1,036 sqft, 28 two-beds of 456 to 1,514 sqft and 6 three-beds of 470 to 2,207 sqft.

4 apartments sold in the 12 months to February 2026, at a median of AED 2,817 per sqft.

Developer
Resta Real Estate Development
Completion due
2027
Floors
43
Units
460
Unit types
Studio to 3-bed

Business Bay, Dubai

Average prices in Canal Heights 2

In Canal Heights 2, typical sale prices over the last 12 months were around AED 1,310,000 for studios, AED 2,500,000 for one-beds and AED 3,490,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Canal Heights 2

2,4002,6002,800May 2026Nov 20262025-11-17: AED 2,272, 2-bed, 1,507 sqft2025-11-28: AED 2,784, 2-bed, 1,281 sqft2025-12-30: AED 2,850, Studio, 459 sqft2026-02-17: AED 2,962, 1-bed, 844 sqftTrend: AED 2,510 to AED 2,962

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Canal Heights 2

  • Off-plan2-bed · 1,326 sqftNo unit no. 18 Feb 2026AED 3,795,0002,862 /sqft
  • Off-plan1-bed · 828 sqft 17 Feb 2026AED 2,499,0003,017 /sqft
  • Off-plan2-bed · 1,311 sqftNo unit no. 04 Feb 2026AED 3,476,1602,652 /sqft
  • Off-plan2-bed · 1,281 sqftNo unit no. 03 Feb 2026AED 3,642,6602,844 /sqft
  • Off-plan2-bed · 1,299 sqftNo unit no. 26 Jan 2026AED 3,456,9602,661 /sqft
  • Off-planStudio · 450 sqft 30 Dec 2025AED 1,308,0002,906 /sqft
  • Off-plan2-bed · 1,503 sqftNo unit no. 10 Dec 2025AED 4,005,0002,665 /sqft
  • Off-plan1,280 sqft 28 Nov 2025AED 3,566,4002,785 /sqft
  • Off-plan1,506 sqft 17 Nov 2025AED 3,422,8502,272 /sqft
  • Off-plan1,331 sqft 12 Nov 2025AED 4,314,0003,240 /sqft

Over the last 12 months, Canal Heights 2 has recorded 4 apartment sales. Typical homes sold for around AED 2.96M (about AED 2,817 per sqft) with a median size of 1,062 sqft; most were two-beds, from roughly AED 1.31M to AED 3.57M.

1–10 of 486

Units in Canal Heights 2

460 units
  • Unit 102Studio · 487 sqftSold AED 1.38M, Jan 2024
  • Unit 1031-bed · 1,009 sqftSold AED 2.43M, Jun 2025
  • Unit 104Studio · 448 sqftSold AED 1.27M, Apr 2024
  • Unit 105Studio · 451 sqftSold AED 1.28M, Nov 2023
  • Unit 106Studio · 458 sqftSold AED 1.3M, Nov 2023
  • Unit 107Studio · 464 sqftSold AED 1.31M, Oct 2023
  • Unit 108Studio · 461 sqftSold AED 1.31M, Nov 2023
  • Unit 202Studio · 487 sqftSold AED 1.38M, Jan 2024
  • Unit 2031,010 sqftSold AED 2.47M, Oct 2025
  • Unit 204Studio · 456 sqftSold AED 1.29M, Oct 2023
1–10 of 460
Every unit in Canal Heights 2, by number

By type: studios (254), one-beds (156), two-beds (28), three-beds (6).

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Canal Heights 1AED 2,842
Bay Square 1Few sales
Bay Square 8Few sales
Trillionaire Residences by BinghattiAED 2,4027.5%
Bay Square 7Few sales
1–5 of 169 · nearest first

Canal Heights 2 in numbers

  • Across 4 DLD sales in the 12 months to February 2026, the median price in Canal Heights 2 was AED 2,817 per sqft and the typical home sold for about AED 2.96M.
  • Due for completion in 2027 by Resta Real Estate Development; 43 floors of studios to three-beds.

Source: Dubai Land Department. Updated 17 February 2026.

Questions

How much does a two-bed in Canal Heights 2 cost?

2 two-beds sold in the 12 months to February 2026; the median was AED 3,494,625, or AED 2,528 per sqft.

Who built Canal Heights 2 and when?

Resta Real Estate Development; due for completion in 2027; 43 floors; 460 apartments.

How many apartments are there in Canal Heights 2?

460, studios to three-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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