2-bed · 456 sqftCanal Heights 2, Business Bay · 19th floor · due 2027

1903, Canal Heights 2

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.38M1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Canal Heights 2

What is 1903 worth today?

Last sold for AED 1,377,000 in 2023

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1 Nov 2023Sold by developerOff-plan
AED 1,377,000AED 3,022 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
456 sqft
Floor
19th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.38M · November 2023

About 1903, Canal Heights 2

1903 is a two-bedroom apartment of 456 sqft on the 19th 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 1 November 2023 for AED 1,377,000, or AED 3,022 per sqft, 4% above the AED 2,916 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical two-bed in Canal Heights 2
2M4M2023202420252026Typical sale price by year: 2023 AED 3,556,135; 2024 AED 3,610,500; 2025 AED 3,553,500Sold by developer, November 2023: AED 1,377,000 (AED 3,022 per sqft)

1903 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Canal Heights 2, and where 1903 sits

All 28 2-beds →

1903 last sold in November 2023 at AED 3,022 per sqft, 4% above what two-beds in Canal Heights 2 were fetching at the time (AED 2,916). Over the last 12 months two-beds sold for AED 3,422,850 to 3,566,400, around AED 2,528 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20253,402,630
3 Jun 20253,712,500
20 May 20253,580,000
20 May 20254,498,000
2 2-bed sales 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 19th floor

All 440 units in Canal Heights 2
Value
19011-bedAED 1.7M · Nov 2023
1902StudioAED 1.34M · Nov 2023
1904StudioAED 1.4M · Oct 2023
1905StudioAED 1.42M · Sep 2023
19062-bedAED 1.4M · Oct 2023
1907StudioAED 1.35M · Oct 2024
19081-bedAED 1.72M · Sep 2023
1–7 of 15

1903, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 1 November 2023 for AED 1,377,000, or AED 3,022 per sqft.
  • Two-beds in Canal Heights 2 sold for AED 3,422,850–3,566,400 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 1 November 2023.

Questions about 1903, Canal Heights 2

What did unit 1903 last sell for?

AED 1,377,000 on 1 November 2023, sold by the developer: AED 3,022 per sqft for 456 sqft. It is the only registered sale of the unit.

How big is unit 1903?

456 sqft (42.4 sqm): a two-bedroom apartment on the 19th floor of a 43-storey tower due for completion in 2027.

What is unit 1903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Heights 2 sold for AED 3,422,850 to 3,566,400 in the last 12 months, around AED 2,528 per sqft.

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Mortgage on 1903, Canal Heights 2

Starts from the last sale price (AED 1.38M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,377,000
Deposit, UAE resident (20%)
AED 275,400
Deposit, non-resident (40%)
AED 550,800
Monthly over 25 years at 3.7%
AED 5,634

Plus AED 62,844 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →