2005, 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.
Property timeline for 2005, Canal Heights 2
What is 2005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 453 sqft
- Floor
- 20th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.28M · October 2023
- Building
- Canal Heights 2
About 2005, Canal Heights 2
2005 is a studio of 453 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 3 October 2023 for AED 1,280,000, or AED 2,826 per sqft, in line with 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 2005 over time
2005 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 2005 sits
All 254 studios →2005 last sold in October 2023 at AED 2,826 per sqft, in line with 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 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 20th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 877 sqft | AED 2.37MAED 2,368,000 · Oct 2023October 2023 | ||
| 2002 | 1-bed | 913 sqft | AED 2.47MAED 2,465,000 · Apr 2024April 2024 | ||
| 2003 | 2-bed | 499 sqft | AED 1.42MAED 1,421,000 · Nov 2023November 2023 | ||
| 2004 | Studio | 465 sqft | AED 1.3MAED 1,298,500 · Apr 2024April 2024 | ||
| 2006 | Studio | 458 sqft | AED 1.29MAED 1,294,000 · Sep 2023September 2023 | ||
| 2008 | Studio | 463 sqft | AED 1.31MAED 1,308,000 · Oct 2023October 2023 | ||
| 2009 | Studio | 460 sqft | AED 1.3MAED 1,302,000 · Sep 2023September 2023 |
2005, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 3 October 2023 for AED 1,280,000, or AED 2,826 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 3 October 2023.
Questions about 2005, Canal Heights 2
What did unit 2005 last sell for?
AED 1,280,000 on 3 October 2023, sold by the developer: AED 2,826 per sqft for 453 sqft. It is the only registered sale of the unit.
How big is unit 2005?
453 sqft (42.1 sqm): a studio on the 20th floor of a 43-storey tower due for completion in 2027.
What is unit 2005 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 2005, Canal Heights 2
Starts from the last sale price (AED 1.28M, 3 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,280,000
- Deposit, UAE resident (20%)
- AED 256,000
- Deposit, non-resident (40%)
- AED 512,000
- Monthly over 25 years at 3.7%
- AED 5,237
Plus AED 58,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →