1606, 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 1606, Canal Heights 2
What is 1606 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 444 sqft
- Floor
- 16th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.32M · August 2023
- Building
- Canal Heights 2
About 1606, Canal Heights 2
1606 is a studio of 444 sqft on the 16th 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 16 August 2023 for AED 1,318,000, or AED 2,969 per sqft, in line with the AED 2,957 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1606 over time
1606 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 1606 sits
All 254 studios →1606 last sold in August 2023 at AED 2,969 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,957). 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 16th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 643 sqft | AED 1.78MAED 1,782,000 · Aug 2023August 2023 | ||
| 1602 | Studio | 451 sqft | AED 1.34MAED 1,337,000 · Aug 2023August 2023 | ||
| 1603 | Studio | 460 sqft | AED 1.37MAED 1,365,000 · Aug 2023August 2023 | ||
| 1604 | Studio | 467 sqft | AED 1.39MAED 1,386,000 · Aug 2023August 2023 | ||
| 1605 | Studio | 472 sqft | AED 1.4MAED 1,401,000 · Sep 2023September 2023 | ||
| 1607 | 2-bed | 1,328 sqft | AED 3.71MAED 3,705,000 · Dec 2023December 2023 | ||
| 1608 | 1-bed | 642 sqft | AED 1.78MAED 1,782,000 · Aug 2023August 2023 | ||
| 1609 | Studio | 451 sqft | AED 1.34MAED 1,337,000 · Sep 2023September 2023 | ||
| 1610 | Studio | 460 sqft | AED 1.37MAED 1,365,000 · Aug 2023August 2023 | ||
| 1611 | Studio | 467 sqft | AED 1.39MAED 1,386,000 · Aug 2023August 2023 | ||
| 1612 | Studio | 472 sqft | AED 1.4MAED 1,401,000 · Aug 2023August 2023 | ||
| 1613 | Studio | 444 sqft | AED 1.32MAED 1,318,000 · Aug 2023August 2023 | ||
| 1614 | 2-bed | 1,319 sqft | AED 3.63MAED 3,629,000 · Aug 2023August 2023 |
1606, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 16 August 2023 for AED 1,318,000, or AED 2,969 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 August 2023.
Questions about 1606, Canal Heights 2
What did unit 1606 last sell for?
AED 1,318,000 on 16 August 2023, sold by the developer: AED 2,969 per sqft for 444 sqft. It is the only registered sale of the unit.
How big is unit 1606?
444 sqft (41.2 sqm): a studio on the 16th floor of a 43-storey tower due for completion in 2027.
What is unit 1606 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.
Selling 1606? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1606, Canal Heights 2
Starts from the last sale price (AED 1.32M, 16 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,318,000
- Deposit, UAE resident (20%)
- AED 263,600
- Deposit, non-resident (40%)
- AED 527,200
- Monthly over 25 years at 3.7%
- AED 5,392
Plus AED 60,366 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →