Studio · 461 sqftCanal Heights 2, Business Bay · 3rd floor · due 2027

308, Canal Heights 2

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 800K28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Canal Heights 2

What is 308 worth today?

Last sold for AED 800,000 in 2024

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28 Mar 2024SoldOff-plan
AED 800,000AED 1,736 per sqft
28 Aug 2023Sold by developerOff-plan
AED 1,303,000AED 2,827 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2024.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
3rd of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 800K · March 2024

About 308, Canal Heights 2

308 is a studio of 461 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. It last sold on 28 March 2024 for AED 800,000, or AED 1,736 per sqft, 40% below the AED 2,886 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Canal Heights 2
1M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,303,000 (AED 2,827 per sqft)Sold, March 2024: AED 800,000 (AED 1,736 per sqft)

308 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 308 sits

All 254 studios →

308 last sold in March 2024 at AED 1,736 per sqft, 40% below what studios in Canal Heights 2 were fetching at the time (AED 2,886). 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
304StudioAED 1.32M · Sep 2023
305StudioAED 1.27M · Aug 2023
306StudioAED 1.29M · Aug 2023
309StudioAED 1.33M · Nov 2024
310AED 5.75M · Aug 2025
1–7 of 10

308, Canal Heights 2 in numbers

  • Sold twice: first on 28 August 2023 for AED 1,303,000, last on 28 March 2024 for AED 800,000 (AED 1,736 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 March 2024.

Questions about 308, Canal Heights 2

What did unit 308 last sell for?

AED 800,000 on 28 March 2024: AED 1,736 per sqft for 461 sqft. The unit has 2 registered sales; the first was AED 1,303,000 in August 2023.

How big is unit 308?

461 sqft (42.8 sqm): a studio on the 3rd floor of a 43-storey tower due for completion in 2027.

What is unit 308 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 308, Canal Heights 2

Starts from the last sale price (AED 800K, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →