1408, 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 1408, Canal Heights 2
What is 1408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 648 sqft
- Floor
- 14th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.78M · August 2023
- Building
- Canal Heights 2
About 1408, Canal Heights 2
1408 is a one-bedroom apartment of 648 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 August 2023 for AED 1,784,000, or AED 2,754 per sqft, 4% below the AED 2,871 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Canal Heights 2, and where 1408 sits
All 156 1-beds →1408 last sold in August 2023 at AED 2,754 per sqft, 4% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,871). Over the last 12 months one-beds sold for AED 2,499,000, around AED 2,962 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 844 sqft | 2,499,000 | 2,962 | ||
| 31 Jul 202531 July 2025 | 942 sqft | 2,819,600 | 2,992 | ||
| 29 Jul 202529 July 2025 | 919 sqft | 2,715,840 | 2,953 | ||
| 10 Jul 202510 July 2025 | 1,013 sqft | 2,545,410 | 2,511 |
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 | ||
| 1402 | Studio | 455 sqft | AED 1.35MAED 1,353,000 · Jan 2024January 2024 | ||
| 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 | ||
| 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 |
1408, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 17 August 2023 for AED 1,784,000, or AED 2,754 per sqft.
- One-beds in Canal Heights 2 sold for AED 2,499,000–2,499,000 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 August 2023.
Questions about 1408, Canal Heights 2
What did unit 1408 last sell for?
AED 1,784,000 on 17 August 2023, sold by the developer: AED 2,754 per sqft for 648 sqft. It is the only registered sale of the unit.
How big is unit 1408?
648 sqft (60.2 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower due for completion in 2027.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Heights 2 sold for AED 2,499,000 to 2,499,000 in the last 12 months, around AED 2,962 per sqft.
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Mortgage on 1408, Canal Heights 2
Starts from the last sale price (AED 1.78M, 17 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,784,000
- Deposit, UAE resident (20%)
- AED 356,800
- Deposit, non-resident (40%)
- AED 713,600
- Monthly over 25 years at 3.7%
- AED 7,299
Plus AED 79,938 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →