1-bed · 877 sqftCanal Heights 2, Business Bay · 20th floor · due 2027

2001, 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 2001 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 2.37M31 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Canal Heights 2

What is 2001 worth today?

Last sold for AED 2,368,000 in 2023

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31 Oct 2023Sold by developerOff-plan
AED 2,368,000AED 2,700 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2023.

Key facts

Type
1-bed apartment
Size
877 sqft
Floor
20th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 2.37M · October 2023

About 2001, Canal Heights 2

2001 is a one-bedroom apartment of 877 sqft on the 20th 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 31 October 2023 for AED 2,368,000, or AED 2,700 per sqft, 5% below the AED 2,849 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical one-bed in Canal Heights 2
2.25M2.5M2023202420252026Typical sale price by year: 2023 AED 2,254,000; 2024 AED 2,175,000; 2025 AED 2,620,500Sold by developer, October 2023: AED 2,368,000 (AED 2,700 per sqft)

2001 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 2001 sits

All 156 1-beds →

2001 last sold in October 2023 at AED 2,700 per sqft, 5% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,849). Over the last 12 months one-beds sold for AED 2,499,000, around AED 2,962 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20262,499,000
31 Jul 20252,819,600
29 Jul 20252,715,840
10 Jul 20252,545,410
1 1-bed 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 20th floor

All 440 units in Canal Heights 2
Value
20021-bedAED 2.47M · Apr 2024
20032-bedAED 1.42M · Nov 2023
2004StudioAED 1.3M · Apr 2024
2005StudioAED 1.28M · Oct 2023
2006StudioAED 1.29M · Sep 2023
2008StudioAED 1.31M · Oct 2023
2009StudioAED 1.3M · Sep 2023

2001, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 31 October 2023 for AED 2,368,000, or AED 2,700 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 31 October 2023.

Questions about 2001, Canal Heights 2

What did unit 2001 last sell for?

AED 2,368,000 on 31 October 2023, sold by the developer: AED 2,700 per sqft for 877 sqft. It is the only registered sale of the unit.

How big is unit 2001?

877 sqft (81.5 sqm): a one-bedroom apartment on the 20th floor of a 43-storey tower due for completion in 2027.

What is unit 2001 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 2001, Canal Heights 2

Starts from the last sale price (AED 2.37M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,368,000
Deposit, UAE resident (20%)
AED 473,600
Deposit, non-resident (40%)
AED 947,200
Monthly over 25 years at 3.7%
AED 9,688

Plus AED 104,466 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →