405, 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.
Property timeline for 405, Canal Heights 2
What is 405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 4th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.27M · September 2023
- Building
- Canal Heights 2
About 405, Canal Heights 2
405 is a studio of 440 sqft on the 4th 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 18 September 2023 for AED 1,272,000, or AED 2,891 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 405 over time
405 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 405 sits
All 254 studios →405 last sold in September 2023 at AED 2,891 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 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 4th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 486 sqft | AED 1.39MAED 1,391,000 · Oct 2023October 2023 | ||
| 403 | 1-bed | 1,013 sqft | AED 2.75MAED 2,747,000 · Jan 2025January 2025 | ||
| 404 | Studio | 483 sqft | AED 1.38MAED 1,382,000 · Oct 2023October 2023 | ||
| 406 | Studio | 455 sqft | AED 1.29MAED 1,291,000 · Aug 2023August 2023 | ||
| 408 | Studio | 459 sqft | AED 1.31MAED 1,314,000 · Oct 2023October 2023 | ||
| 409 | Studio | 472 sqft | AED 1.34MAED 1,342,000 · Jul 2025July 2025 | ||
| 420 | 1-bed | 734 sqft | AED 2.06MAED 2,062,000 · Jul 2025July 2025 | ||
| 421 | 1-bed | 733 sqft | AED 2MAED 2,000,015 · Feb 2025February 2025 |
405, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 18 September 2023 for AED 1,272,000, or AED 2,891 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 18 September 2023.
Questions about 405, Canal Heights 2
What did unit 405 last sell for?
AED 1,272,000 on 18 September 2023, sold by the developer: AED 2,891 per sqft for 440 sqft. It is the only registered sale of the unit.
How big is unit 405?
440 sqft (40.9 sqm): a studio on the 4th floor of a 43-storey tower due for completion in 2027.
What is unit 405 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 405, Canal Heights 2
Starts from the last sale price (AED 1.27M, 18 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,272,000
- Deposit, UAE resident (20%)
- AED 254,400
- Deposit, non-resident (40%)
- AED 508,800
- Monthly over 25 years at 3.7%
- AED 5,204
Plus AED 58,434 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →