Studio · 509 sqftCanal Heights 2, Business Bay · 35th floor · due 2027

3503, Canal Heights 2

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 1.63M5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Canal Heights 2

What is 3503 worth today?

Last sold for AED 1,629,000 in 2024

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5 Dec 2024Sold by developerOff-plan
AED 1,629,000AED 3,200 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Key facts

Type
Studio apartment
Size
509 sqft
Floor
35th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.63M · December 2024

About 3503, Canal Heights 2

3503 is a studio of 509 sqft on the 35th 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 5 December 2024 for AED 1,629,000, or AED 3,200 per sqft, 10% above 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 3503 over time

Sales
Unit 3503, each saleTypical studio in Canal Heights 2
1.4M1.6M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, December 2024: AED 1,629,000 (AED 3,200 per sqft)

3503 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 3503 sits

All 254 studios →

3503 last sold in December 2024 at AED 3,200 per sqft, 10% above 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 35th floor

All 440 units in Canal Heights 2
Value
35011-bedAED 2.57M · Aug 2023
35021-bedAED 2.43M · Aug 2023
35041-bedAED 2.57M · Aug 2023
35051-bedAED 2.43M · Aug 2023
3506StudioAED 1.63M · May 2025
3508StudioAED 1.5M · Oct 2023
3509StudioAED 1.33M · Sep 2023
1–7 of 8

3503, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 5 December 2024 for AED 1,629,000, or AED 3,200 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 5 December 2024.

Questions about 3503, Canal Heights 2

What did unit 3503 last sell for?

AED 1,629,000 on 5 December 2024, sold by the developer: AED 3,200 per sqft for 509 sqft. It is the only registered sale of the unit.

How big is unit 3503?

509 sqft (47.3 sqm): a studio on the 35th floor of a 43-storey tower due for completion in 2027.

What is unit 3503 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 3503, Canal Heights 2

Starts from the last sale price (AED 1.63M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,629,000
Deposit, UAE resident (20%)
AED 325,800
Deposit, non-resident (40%)
AED 651,600
Monthly over 25 years at 3.7%
AED 6,665

Plus AED 73,428 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →