1-bed · 877 sqftCanal Heights 2, Business Bay · 24th floor · due 2027

2409, 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 2409 · DLD and Ejari recordsUpdated 22 August 2023
Last soldAED 2.29M22 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Canal Heights 2

What is 2409 worth today?

Last sold for AED 2,288,230 in 2023

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22 Aug 2023Sold by developerOff-plan
AED 2,288,230AED 2,609 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2023.

Key facts

Type
1-bed apartment
Size
877 sqft
Floor
24th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 2.29M · August 2023

About 2409, Canal Heights 2

2409 is a one-bedroom apartment of 877 sqft on the 24th 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 22 August 2023 for AED 2,288,230, or AED 2,609 per sqft, 9% below the AED 2,861 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2409 over time

Sales
Unit 2409, 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, August 2023: AED 2,288,230 (AED 2,609 per sqft)

2409 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 2409 sits

All 156 1-beds →

2409 last sold in August 2023 at AED 2,609 per sqft, 9% below what one-beds in Canal Heights 2 were fetching at the time (AED 2,861). 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 24th floor

All 440 units in Canal Heights 2
Value
24011-bedAED 2.4M · Sep 2023
24021-bedAED 2.2M · Aug 2023
24031-bedAED 2.29M · Nov 2023
24051-bedAED 2.44M · Aug 2023
24061-bedAED 2.2M · Oct 2023
24071-bedAED 2.28M · Aug 2023

2409, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 22 August 2023 for AED 2,288,230, or AED 2,609 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 22 August 2023.

Questions about 2409, Canal Heights 2

What did unit 2409 last sell for?

AED 2,288,230 on 22 August 2023, sold by the developer: AED 2,609 per sqft for 877 sqft. It is the only registered sale of the unit.

How big is unit 2409?

877 sqft (81.5 sqm): a one-bedroom apartment on the 24th floor of a 43-storey tower due for completion in 2027.

What is unit 2409 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 2409, Canal Heights 2

Starts from the last sale price (AED 2.29M, 22 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,288,230
Deposit, UAE resident (20%)
AED 457,646
Deposit, non-resident (40%)
AED 915,292
Monthly over 25 years at 3.7%
AED 9,362

Plus AED 101,115 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →