Studio · 445 sqftCanal Heights 2, Business Bay · 13th floor · due 2027

1306, Canal Heights 2

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 1.28M16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Canal Heights 2

What is 1306 worth today?

Last sold for AED 1,279,880 in 2024

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16 Oct 2024SoldOff-plan
AED 1,279,880AED 2,879 per sqft
15 Aug 2023Sold by developerOff-plan
AED 1,279,880AED 2,880 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2024.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
13th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.28M · October 2024

About 1306, Canal Heights 2

1306 is a studio of 445 sqft on the 13th floor of Canal Heights 2, a 43-storey tower in Business Bay due for completion in 2027 by Resta Real Estate Development. It last sold on 16 October 2024 for AED 1,279,880, or AED 2,879 per sqft, in line with the AED 2,871 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical studio in Canal Heights 2
1.3M1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,279,880 (AED 2,880 per sqft)Sold, October 2024: AED 1,279,880 (AED 2,879 per sqft)

1306 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 1306 sits

All 254 studios →

1306 last sold in October 2024 at AED 2,879 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,871). 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 13th floor

All 440 units in Canal Heights 2
Value
13011-bedAED 1.95M · Sep 2023
1302StudioAED 1.39M · Oct 2023
1303StudioAED 1.4M · Sep 2023
1304StudioAED 1.4M · Aug 2023
1305StudioAED 1.36M · Sep 2023
13081-bedAED 1.95M · Aug 2023
1309StudioAED 1.39M · Aug 2023
1–7 of 12

1306, Canal Heights 2 in numbers

  • Sold twice: first on 15 August 2023 for AED 1,279,880, last on 16 October 2024 for AED 1,279,880 (AED 2,879 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 16 October 2024.

Questions about 1306, Canal Heights 2

What did unit 1306 last sell for?

AED 1,279,880 on 16 October 2024: AED 2,879 per sqft for 445 sqft. The unit has 2 registered sales; the first was AED 1,279,880 in August 2023.

How big is unit 1306?

445 sqft (41.3 sqm): a studio on the 13th floor of a 43-storey tower due for completion in 2027.

What is unit 1306 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 1306, Canal Heights 2

Starts from the last sale price (AED 1.28M, 16 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,279,880
Deposit, UAE resident (20%)
AED 255,976
Deposit, non-resident (40%)
AED 511,952
Monthly over 25 years at 3.7%
AED 5,236

Plus AED 58,765 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →