Studio · 451 sqftCanal Heights 2, Business Bay · 2nd floor · due 2027

205, 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 205 · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 1.27M28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Canal Heights 2

What is 205 worth today?

Last sold for AED 1,269,000 in 2023

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28 Aug 2023Sold by developerOff-plan
AED 1,269,000AED 2,816 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2023.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
2nd of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.27M · August 2023

About 205, Canal Heights 2

205 is a studio of 451 sqft on the 2nd 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 28 August 2023 for AED 1,269,000, or AED 2,816 per sqft, 3% below the AED 2,907 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical studio in Canal Heights 2
1.25M1.3M1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,269,000 (AED 2,816 per sqft)

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

Studios in Canal Heights 2, and where 205 sits

All 254 studios →

205 last sold in August 2023 at AED 2,816 per sqft, 3% below what studios in Canal Heights 2 were fetching at the time (AED 2,907). 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 2nd floor

All 440 units in Canal Heights 2
Value
202StudioAED 1.38M · Jan 2024
203AED 2.47M · Oct 2025
204StudioAED 1.29M · Oct 2023
206StudioAED 1.3M · Nov 2023
208StudioAED 1.31M · Oct 2023
209StudioAED 1.32M · May 2025
2201-bedAED 2.04M · Feb 2025
1–7 of 8

205, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 28 August 2023 for AED 1,269,000, or AED 2,816 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 28 August 2023.

Questions about 205, Canal Heights 2

What did unit 205 last sell for?

AED 1,269,000 on 28 August 2023, sold by the developer: AED 2,816 per sqft for 451 sqft. It is the only registered sale of the unit.

How big is unit 205?

451 sqft (41.9 sqm): a studio on the 2nd floor of a 43-storey tower due for completion in 2027.

What is unit 205 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 205, Canal Heights 2

Starts from the last sale price (AED 1.27M, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,269,000
Deposit, UAE resident (20%)
AED 253,800
Deposit, non-resident (40%)
AED 507,600
Monthly over 25 years at 3.7%
AED 5,192

Plus AED 58,308 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →