Studio · 449 sqftCanal Heights 2, Business Bay · 17th floor · due 2027

1702, 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.

Unit 1702 · DLD and Ejari recordsUpdated 11 August 2023
Last soldAED 1.34M11 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Canal Heights 2

What is 1702 worth today?

Last sold for AED 1,336,000 in 2023

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11 Aug 2023Sold by developerOff-plan
AED 1,336,000AED 2,976 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 August 2023.

Key facts

Type
Studio apartment
Size
449 sqft
Floor
17th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.34M · August 2023

About 1702, Canal Heights 2

1702 is a studio of 449 sqft on the 17th 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 11 August 2023 for AED 1,336,000, or AED 2,976 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical studio in Canal Heights 2
1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,336,000 (AED 2,976 per sqft)

1702 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 1702 sits

All 254 studios →

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 17th floor

All 440 units in Canal Heights 2
Value
17011-bedAED 1.78M · Sep 2023
1703StudioAED 1.36M · Aug 2023
1704StudioAED 1.39M · Aug 2023
1705StudioAED 1.4M · Sep 2023
1706StudioAED 1.31M · Oct 2024
1707StudioAED 1.42M · Oct 2024
17081-bedAED 1.78M · Sep 2023
1–7 of 15

1702, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 11 August 2023 for AED 1,336,000, or AED 2,976 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 11 August 2023.

Questions about 1702, Canal Heights 2

What did unit 1702 last sell for?

AED 1,336,000 on 11 August 2023, sold by the developer: AED 2,976 per sqft for 449 sqft. It is the only registered sale of the unit.

How big is unit 1702?

449 sqft (41.7 sqm): a studio on the 17th floor of a 43-storey tower due for completion in 2027.

What is unit 1702 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 1702, Canal Heights 2

Starts from the last sale price (AED 1.34M, 11 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,336,000
Deposit, UAE resident (20%)
AED 267,200
Deposit, non-resident (40%)
AED 534,400
Monthly over 25 years at 3.7%
AED 5,466

Plus AED 61,122 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →