Studio · 448 sqftCanal Heights 2, Business Bay · 1st floor · due 2027

104, Canal Heights 2

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

Unit 104 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 1.27M24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Canal Heights 2

What is 104 worth today?

Last sold for AED 1,267,000 in 2024

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24 Apr 2024Sold by developerOff-plan
AED 1,267,000AED 2,830 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 April 2024.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
1st of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.27M · April 2024

About 104, Canal Heights 2

104 is a studio of 448 sqft on the 1st 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 24 April 2024 for AED 1,267,000, or AED 2,830 per sqft, in line with the AED 2,884 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical studio in Canal Heights 2
1.3M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, April 2024: AED 1,267,000 (AED 2,830 per sqft)

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

Studios in Canal Heights 2, and where 104 sits

All 254 studios →

104 last sold in April 2024 at AED 2,830 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,884). 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 1st floor

All 440 units in Canal Heights 2
Value
102StudioAED 1.38M · Jan 2024
1031-bedAED 2.43M · Jun 2025
105StudioAED 1.28M · Nov 2023
106StudioAED 1.3M · Nov 2023
107StudioAED 1.31M · Oct 2023
108StudioAED 1.31M · Nov 2023

104, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 24 April 2024 for AED 1,267,000, or AED 2,830 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 24 April 2024.

Questions about 104, Canal Heights 2

What did unit 104 last sell for?

AED 1,267,000 on 24 April 2024, sold by the developer: AED 2,830 per sqft for 448 sqft. It is the only registered sale of the unit.

How big is unit 104?

448 sqft (41.6 sqm): a studio on the 1st floor of a 43-storey tower due for completion in 2027.

What is unit 104 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 104, Canal Heights 2

Starts from the last sale price (AED 1.27M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,267,000
Deposit, UAE resident (20%)
AED 253,400
Deposit, non-resident (40%)
AED 506,800
Monthly over 25 years at 3.7%
AED 5,184

Plus AED 58,224 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →