Studio · 481 sqftCanal Heights 2, Business Bay · 40th floor · due 2027

4003, 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 4003 · DLD and Ejari recordsUpdated 8 September 2023
Last soldAED 1.37M8 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Canal Heights 2

What is 4003 worth today?

Last sold for AED 1,374,000 in 2023

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8 Sep 2023Sold by developerOff-plan
AED 1,374,000AED 2,856 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2023.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
40th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.37M · September 2023

About 4003, Canal Heights 2

4003 is a studio of 481 sqft on the 40th 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 8 September 2023 for AED 1,374,000, or AED 2,856 per sqft, in line with the AED 2,906 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4003 over time

Sales
Unit 4003, 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 1,374,000 (AED 2,856 per sqft)

4003 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 4003 sits

All 254 studios →

4003 last sold in September 2023 at AED 2,856 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,906). 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 40th floor

All 440 units in Canal Heights 2
Value
40011-bedAED 2.49M · Aug 2023
4002StudioAED 1.51M · Oct 2023
4004StudioAED 1.28M · Oct 2023
4005StudioAED 1.29M · Aug 2023
4006StudioAED 1.31M · Sep 2023
4008StudioAED 1.3M · Aug 2023
40092-bedAED 3.61M · Mar 2024

4003, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 8 September 2023 for AED 1,374,000, or AED 2,856 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 8 September 2023.

Questions about 4003, Canal Heights 2

What did unit 4003 last sell for?

AED 1,374,000 on 8 September 2023, sold by the developer: AED 2,856 per sqft for 481 sqft. It is the only registered sale of the unit.

How big is unit 4003?

481 sqft (44.7 sqm): a studio on the 40th floor of a 43-storey tower due for completion in 2027.

What is unit 4003 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 4003, Canal Heights 2

Starts from the last sale price (AED 1.37M, 8 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,374,000
Deposit, UAE resident (20%)
AED 274,800
Deposit, non-resident (40%)
AED 549,600
Monthly over 25 years at 3.7%
AED 5,621

Plus AED 62,718 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →