1402, Canal Heights 2
Sold prices and rental history: sold once, by the developer in January 2024, 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 1402, Canal Heights 2
What is 1402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 455 sqft
- Floor
- 14th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.35M · January 2024
- Building
- Canal Heights 2
About 1402, Canal Heights 2
1402 is a studio of 455 sqft on the 14th 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 17 January 2024 for AED 1,353,000, or AED 2,970 per sqft, 3% above the AED 2,882 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1402 over time
1402 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 1402 sits
All 254 studios →1402 last sold in January 2024 at AED 2,970 per sqft, 3% above what studios in Canal Heights 2 were fetching at the time (AED 2,882). 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 14th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 648 sqft | AED 1.78MAED 1,784,000 · Aug 2023August 2023 | ||
| 1403 | Studio | 463 sqft | AED 1.38MAED 1,376,000 · Jan 2024January 2024 | ||
| 1404 | Studio | 470 sqft | AED 1.4MAED 1,397,000 · Nov 2023November 2023 | ||
| 1405 | Studio | 466 sqft | AED 1.39MAED 1,385,000 · Feb 2024February 2024 | ||
| 1406 | Studio | 443 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 | ||
| 1408 | 1-bed | 648 sqft | AED 1.78MAED 1,784,000 · Aug 2023August 2023 | ||
| 1409 | Studio | 455 sqft | AED 1.35MAED 1,352,000 · Feb 2024February 2024 | ||
| 1410 | Studio | 463 sqft | AED 1.38MAED 1,376,000 · Nov 2023November 2023 | ||
| 1411 | Studio | 470 sqft | AED 1.4MAED 1,397,000 · Jan 2024January 2024 | ||
| 1412 | Studio | 466 sqft | AED 1.37MAED 1,374,000 · Aug 2023August 2023 | ||
| 1413 | Studio | 442 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 |
1402, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 17 January 2024 for AED 1,353,000, or AED 2,970 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 17 January 2024.
Questions about 1402, Canal Heights 2
What did unit 1402 last sell for?
AED 1,353,000 on 17 January 2024, sold by the developer: AED 2,970 per sqft for 455 sqft. It is the only registered sale of the unit.
How big is unit 1402?
455 sqft (42.3 sqm): a studio on the 14th floor of a 43-storey tower due for completion in 2027.
What is unit 1402 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 1402, Canal Heights 2
Starts from the last sale price (AED 1.35M, 17 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,353,000
- Deposit, UAE resident (20%)
- AED 270,600
- Deposit, non-resident (40%)
- AED 541,200
- Monthly over 25 years at 3.7%
- AED 5,536
Plus AED 61,836 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →