Studio · 464 sqftCanal Heights 2, Business Bay · 19th floor · due 2027

1904, Canal Heights 2

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

Unit 1904 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 1.4M19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1904, Canal Heights 2

What is 1904 worth today?

Last sold for AED 1,403,000 in 2023

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19 Oct 2023Sold by developerOff-plan
AED 1,403,000AED 3,020 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 October 2023.

Key facts

Type
Studio apartment
Size
464 sqft
Floor
19th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.4M · October 2023

About 1904, Canal Heights 2

1904 is a studio of 464 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 19 October 2023 for AED 1,403,000, or AED 3,020 per sqft, 5% above the AED 2,887 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1904 over time

Sales
Unit 1904, each saleTypical studio in Canal Heights 2
1.35M1.4M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, October 2023: AED 1,403,000 (AED 3,020 per sqft)

1904 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 1904 sits

All 254 studios →

1904 last sold in October 2023 at AED 3,020 per sqft, 5% above what studios in Canal Heights 2 were fetching at the time (AED 2,887). 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 19th floor

All 440 units in Canal Heights 2
Value
19011-bedAED 1.7M · Nov 2023
1902StudioAED 1.34M · Nov 2023
19032-bedAED 1.38M · Nov 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

1904, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 19 October 2023 for AED 1,403,000, or AED 3,020 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 19 October 2023.

Questions about 1904, Canal Heights 2

What did unit 1904 last sell for?

AED 1,403,000 on 19 October 2023, sold by the developer: AED 3,020 per sqft for 464 sqft. It is the only registered sale of the unit.

How big is unit 1904?

464 sqft (43.1 sqm): a studio on the 19th floor of a 43-storey tower due for completion in 2027.

What is unit 1904 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 1904, Canal Heights 2

Starts from the last sale price (AED 1.4M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,403,000
Deposit, UAE resident (20%)
AED 280,600
Deposit, non-resident (40%)
AED 561,200
Monthly over 25 years at 3.7%
AED 5,740

Plus AED 63,936 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →