1111, Canal Heights 2
Sold prices and rental history: sold once, by the developer in August 2023, 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 1111, Canal Heights 2
What is 1111 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 475 sqft
- Floor
- 11th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.39M · August 2023
- Building
- Canal Heights 2
About 1111, Canal Heights 2
1111 is a studio of 475 sqft on the 11th 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 28 August 2023 for AED 1,386,000, or AED 2,917 per sqft, in line with the AED 2,907 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1111 over time
1111 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 1111 sits
All 254 studios →1111 last sold in August 2023 at AED 2,917 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,907). Over the last 12 months studios sold for AED 1,308,000, around AED 2,850 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 459 sqft | 1,308,000 | 2,850 | ||
| 10 Jul 202510 July 2025 | 472 sqft | 1,342,000 | 2,841 | ||
| 30 May 202530 May 2025 | 509 sqft | 1,629,000 | 3,201 | ||
| 22 May 202522 May 2025 | 446 sqft | 1,364,000 | 3,059 |
Canal Heights 2
Building440 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
Other units on the 11th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 737 sqft | AED 1.7MAED 1,700,000 · Feb 2024February 2024 | ||
| 1102 | Studio | 464 sqft | AED 1.31MAED 1,313,380 · Sep 2023September 2023 | ||
| 1103 | Studio | 471 sqft | AED 1.33MAED 1,331,810 · Sep 2023September 2023 | ||
| 1104 | Studio | 475 sqft | AED 1.39MAED 1,386,000 · Oct 2023October 2023 | ||
| 1105 | Studio | 451 sqft | AED 1.25MAED 1,248,300 · Aug 2023August 2023 | ||
| 1106 | Studio | 449 sqft | AED 1.31MAED 1,310,000 · Sep 2023September 2023 | ||
| 1107 | Studio | 482 sqft | AED 1.41MAED 1,405,000 · Oct 2024October 2024 | ||
| 1108 | 1-bed | 736 sqft | AED 2MAED 2,002,000 · Aug 2023August 2023 | ||
| 1109 | Studio | 464 sqft | AED 1.37MAED 1,365,000 · Oct 2023October 2023 | ||
| 1110 | Studio | 471 sqft | AED 1.37MAED 1,373,000 · Aug 2023August 2023 | ||
| 1112 | Studio | 451 sqft | AED 1.25MAED 1,248,300 · Aug 2023August 2023 | ||
| 1113 | Studio | 448 sqft | AED 1.24MAED 1,244,500 · Aug 2023August 2023 | ||
| 1114 | Studio | 482 sqft | AED 1.4MAED 1,403,000 · Oct 2024October 2024 | ||
| 1115 | 1-bed | 729 sqft | AED 2.11MAED 2,112,000 · Oct 2024October 2024 | ||
| 1107A | 1-bed | 729 sqft | AED 2.09MAED 2,090,880 · Oct 2024October 2024 |
1111, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 28 August 2023 for AED 1,386,000, or AED 2,917 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 28 August 2023.
Questions about 1111, Canal Heights 2
What did unit 1111 last sell for?
AED 1,386,000 on 28 August 2023, sold by the developer: AED 2,917 per sqft for 475 sqft. It is the only registered sale of the unit.
How big is unit 1111?
475 sqft (44.1 sqm): a studio on the 11th floor of a 43-storey tower due for completion in 2027.
What is unit 1111 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 1111, Canal Heights 2
Starts from the last sale price (AED 1.39M, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,386,000
- Deposit, UAE resident (20%)
- AED 277,200
- Deposit, non-resident (40%)
- AED 554,400
- Monthly over 25 years at 3.7%
- AED 5,671
Plus AED 63,222 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →