4005, Canal Heights 2
Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4005, Canal Heights 2
What is 4005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 451 sqft
- Floor
- 40th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.29M · August 2023
- Building
- Canal Heights 2
About 4005, Canal Heights 2
4005 is a studio of 451 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 22 August 2023 for AED 1,289,000, or AED 2,856 per sqft, in line with the AED 2,932 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 4005 over time
4005 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 4005 sits
All 254 studios →4005 last sold in August 2023 at AED 2,856 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,932). Over the last 12 months studios sold for AED 1,308,000, around AED 2,850 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 459 sqft | 1,308,000 | 2,850 | ||
| 10 Jul 202510 July 2025 | 472 sqft | 1,342,000 | 2,841 | ||
| 30 May 202530 May 2025 | 509 sqft | 1,629,000 | 3,201 | ||
| 22 May 202522 May 2025 | 446 sqft | 1,364,000 | 3,059 |
Canal Heights 2
Building440 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
Other units on the 40th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 913 sqft | AED 2.49MAED 2,493,000 · Aug 2023August 2023 | ||
| 4002 | Studio | 522 sqft | AED 1.51MAED 1,505,000 · Oct 2023October 2023 | ||
| 4003 | Studio | 481 sqft | AED 1.37MAED 1,374,000 · Sep 2023September 2023 | ||
| 4004 | Studio | 443 sqft | AED 1.28MAED 1,276,000 · Oct 2023October 2023 | ||
| 4006 | Studio | 458 sqft | AED 1.31MAED 1,308,000 · Sep 2023September 2023 | ||
| 4008 | Studio | 456 sqft | AED 1.3MAED 1,304,000 · Aug 2023August 2023 | ||
| 4009 | 2-bed | 1,346 sqft | AED 3.61MAED 3,608,000 · Mar 2024March 2024 |
4005, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 22 August 2023 for AED 1,289,000, 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 22 August 2023.
Questions about 4005, Canal Heights 2
What did unit 4005 last sell for?
AED 1,289,000 on 22 August 2023, sold by the developer: AED 2,856 per sqft for 451 sqft. It is the only registered sale of the unit.
How big is unit 4005?
451 sqft (41.9 sqm): a studio on the 40th floor of a 43-storey tower due for completion in 2027.
What is unit 4005 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 4005, Canal Heights 2
Starts from the last sale price (AED 1.29M, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,289,000
- Deposit, UAE resident (20%)
- AED 257,800
- Deposit, non-resident (40%)
- AED 515,600
- Monthly over 25 years at 3.7%
- AED 5,274
Plus AED 59,148 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →