Studio · 468 sqftCanal Heights 2, Business Bay · 10th floor · due 2027

1004, Canal Heights 2

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 1.37M9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Canal Heights 2

What is 1004 worth today?

Last sold for AED 1,372,000 in 2024

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9 Feb 2024Sold by developerOff-plan
AED 1,372,000AED 2,930 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2024.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
10th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.37M · February 2024

About 1004, Canal Heights 2

1004 is a studio of 468 sqft on the 10th floor of Canal Heights 2, a 43-storey tower in Business Bay due for completion in 2027 by Resta Real Estate Development. The developer sold it on 9 February 2024 for AED 1,372,000, or AED 2,930 per sqft, in line with the AED 2,886 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical studio in Canal Heights 2
1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, February 2024: AED 1,372,000 (AED 2,930 per sqft)

1004 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 1004 sits

All 254 studios →

1004 last sold in February 2024 at AED 2,930 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,886). Over the last 12 months studios sold for AED 1,308,000, around AED 2,850 per sqft.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 20251,308,000
10 Jul 20251,342,000
30 May 20251,629,000
22 May 20251,364,000
1 studio sale in the last 12 months

Canal Heights 2

Building

440 apartments, studios to 3-bed over 43 floors in Business Bay, due for completion in 2027 by Resta Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 2,817
Typical sale
AED 2.96M
Typical rent
Few contracts
Typical yield
Canal Heights 2, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 440 units in Canal Heights 2
Value
10011-bedAED 1.99M · Aug 2023
1002StudioAED 1.27M · Aug 2023
1003StudioAED 1.36M · Aug 2023
1005StudioAED 1.24M · Aug 2023
1006StudioAED 1.24M · Aug 2023
10072-bedAED 3.58M · May 2025
10082-bedAED 3.68M · May 2024
1–7 of 13

1004, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 9 February 2024 for AED 1,372,000, or AED 2,930 per sqft.
  • Studios in Canal Heights 2 sold for AED 1,308,000–1,308,000 in the 12 months to November 2026; the building's median across all types is AED 2,817 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2024.

Questions about 1004, Canal Heights 2

What did unit 1004 last sell for?

AED 1,372,000 on 9 February 2024, sold by the developer: AED 2,930 per sqft for 468 sqft. It is the only registered sale of the unit.

How big is unit 1004?

468 sqft (43.5 sqm): a studio on the 10th floor of a 43-storey tower due for completion in 2027.

What is unit 1004 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 1,308,000 to 1,308,000 in the last 12 months, around AED 2,850 per sqft.

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Mortgage on 1004, Canal Heights 2

Starts from the last sale price (AED 1.37M, 9 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,372,000
Deposit, UAE resident (20%)
AED 274,400
Deposit, non-resident (40%)
AED 548,800
Monthly over 25 years at 3.7%
AED 5,613

Plus AED 62,634 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →