Studio · 450 sqftCanal Heights 2, Business Bay · 32nd floor · due 2027

3203, Canal Heights 2

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 1.05M12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Canal Heights 2

What is 3203 worth today?

Last sold for AED 1,050,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Mar 2025SoldOff-plan
AED 1,050,000AED 2,330 per sqft
22 Aug 2023Sold by developerOff-plan
AED 1,421,000AED 3,184 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
32nd of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.05M · March 2025

About 3203, Canal Heights 2

3203 is a studio of 450 sqft on the 32nd 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 12 March 2025 for AED 1,050,000, or AED 2,330 per sqft, 20% below the AED 2,915 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3203 over time

Sales
Unit 3203, each saleTypical studio in Canal Heights 2
1M1.2M1.4M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,421,000 (AED 3,184 per sqft)Sold, March 2025: AED 1,050,000 (AED 2,330 per sqft)

3203 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 3203 sits

All 254 studios →

3203 last sold in March 2025 at AED 2,330 per sqft, 20% below what studios in Canal Heights 2 were fetching at the time (AED 2,915). 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 32nd floor

All 440 units in Canal Heights 2
Value
32011-bedAED 1.84M · Aug 2023
32021-bedAED 2.21M · Aug 2023
32042-bedAED 4.32M · Aug 2023
32051-bedAED 1.84M · Aug 2023
32061-bedAED 2.16M · Aug 2023
3207StudioAED 1.42M · Aug 2023
3209StudioAED 1.34M · Oct 2024

3203, Canal Heights 2 in numbers

  • Sold twice: first on 22 August 2023 for AED 1,421,000, last on 12 March 2025 for AED 1,050,000 (AED 2,330 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 12 March 2025.

Questions about 3203, Canal Heights 2

What did unit 3203 last sell for?

AED 1,050,000 on 12 March 2025: AED 2,330 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 1,421,000 in August 2023.

How big is unit 3203?

450 sqft (41.8 sqm): a studio on the 32nd floor of a 43-storey tower due for completion in 2027.

What is unit 3203 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.

Selling 3203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3203, Canal Heights 2

Starts from the last sale price (AED 1.05M, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →