Studio · 467 sqftCanal Heights 2, Business Bay · 3rd floor · due 2027

304, Canal Heights 2

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

Unit 304 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 1.32M26 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Canal Heights 2

What is 304 worth today?

Last sold for AED 1,319,000 in 2023

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26 Sep 2023Sold by developerOff-plan
AED 1,319,000AED 2,826 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2023.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
3rd of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.32M · September 2023

About 304, Canal Heights 2

304 is a studio of 467 sqft on the 3rd 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 26 September 2023 for AED 1,319,000, or AED 2,826 per sqft, in line with the AED 2,900 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Canal Heights 2
1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, September 2023: AED 1,319,000 (AED 2,826 per sqft)

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

Studios in Canal Heights 2, and where 304 sits

All 254 studios →

304 last sold in September 2023 at AED 2,826 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,900). 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 3rd floor

All 440 units in Canal Heights 2
Value
302StudioAED 1.39M · Jan 2024
3031-bedAED 2.55M · Jul 2025
305StudioAED 1.27M · Aug 2023
306StudioAED 1.29M · Aug 2023
308StudioAED 800K · Mar 2024
309StudioAED 1.33M · Nov 2024
310AED 5.75M · Aug 2025
1–7 of 10

304, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 26 September 2023 for AED 1,319,000, 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 26 September 2023.

Questions about 304, Canal Heights 2

What did unit 304 last sell for?

AED 1,319,000 on 26 September 2023, sold by the developer: AED 2,826 per sqft for 467 sqft. It is the only registered sale of the unit.

How big is unit 304?

467 sqft (43.4 sqm): a studio on the 3rd floor of a 43-storey tower due for completion in 2027.

What is unit 304 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 304, Canal Heights 2

Starts from the last sale price (AED 1.32M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,319,000
Deposit, UAE resident (20%)
AED 263,800
Deposit, non-resident (40%)
AED 527,600
Monthly over 25 years at 3.7%
AED 5,396

Plus AED 60,408 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →