409, Canal Heights 2
Sold prices and rental history: sold once, by the developer in July 2025, 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 409, Canal Heights 2
What is 409 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Floor
- 4th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.34M · July 2025
- Building
- Canal Heights 2
About 409, Canal Heights 2
409 is a studio of 472 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 10 July 2025 for AED 1,342,000, or AED 2,841 per sqft, in line with the AED 2,916 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 409 sits
All 254 studios →409 last sold in July 2025 at AED 2,841 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,916). 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 | ||
| 30 May 202530 May 2025 | 509 sqft | 1,629,000 | 3,201 | ||
| 22 May 202522 May 2025 | 446 sqft | 1,364,000 | 3,059 | ||
| 20 May 202520 May 2025 | 430 sqft | 1,195,100 | 2,778 |
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 | ||
| 405 | Studio | 440 sqft | AED 1.27MAED 1,272,000 · Sep 2023September 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 | ||
| 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 |
409, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 10 July 2025 for AED 1,342,000, or AED 2,841 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 10 July 2025.
Questions about 409, Canal Heights 2
What did unit 409 last sell for?
AED 1,342,000 on 10 July 2025, sold by the developer: AED 2,841 per sqft for 472 sqft. It is the only registered sale of the unit.
How big is unit 409?
472 sqft (43.9 sqm): a studio on the 4th floor of a 43-storey tower due for completion in 2027.
What is unit 409 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 409, Canal Heights 2
Starts from the last sale price (AED 1.34M, 10 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,342,000
- Deposit, UAE resident (20%)
- AED 268,400
- Deposit, non-resident (40%)
- AED 536,800
- Monthly over 25 years at 3.7%
- AED 5,491
Plus AED 61,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →