503, Canal Heights 2
Sold prices and rental history: sold once, by the developer in January 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 503, Canal Heights 2
What is 503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,012 sqft
- Floor
- 5th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 2.75M · January 2025
- Building
- Canal Heights 2
About 503, Canal Heights 2
503 is a one-bedroom apartment of 1,012 sqft on the 5th 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 13 January 2025 for AED 2,753,000, or AED 2,720 per sqft, in line with the AED 2,803 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 503 over time
503 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Canal Heights 2, and where 503 sits
All 156 1-beds →503 last sold in January 2025 at AED 2,720 per sqft, in line with what one-beds in Canal Heights 2 were fetching at the time (AED 2,803). Over the last 12 months one-beds sold for AED 2,499,000, around AED 2,962 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 844 sqft | 2,499,000 | 2,962 | ||
| 31 Jul 202531 July 2025 | 942 sqft | 2,819,600 | 2,992 | ||
| 29 Jul 202529 July 2025 | 919 sqft | 2,715,840 | 2,953 | ||
| 10 Jul 202510 July 2025 | 1,013 sqft | 2,545,410 | 2,511 |
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 5th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 486 sqft | AED 1.38MAED 1,384,000 · Sep 2023September 2023 | ||
| 504 | Studio | 474 sqft | AED 1.36MAED 1,361,000 · Feb 2024February 2024 | ||
| 505 | Studio | 457 sqft | AED 1.3MAED 1,301,000 · Aug 2023August 2023 | ||
| 506 | Studio | 453 sqft | AED 1.3MAED 1,301,000 · Jan 2024January 2024 | ||
| 508 | Studio | 458 sqft | AED 1.3MAED 1,304,000 · Sep 2023September 2023 | ||
| 509 | 2-bed | 1,353 sqft | AED 3.61MAED 3,613,000 · Apr 2024April 2024 | ||
| 510 | 3-bed | 2,207 sqft | AED 5.8MAED 5,797,000 · Jul 2025July 2025 | ||
| 519 | 2-bed | 1,287 sqft | AED 3.4MAED 3,402,630 · Jul 2025July 2025 |
503, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 13 January 2025 for AED 2,753,000, or AED 2,720 per sqft.
- One-beds in Canal Heights 2 sold for AED 2,499,000–2,499,000 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 13 January 2025.
Questions about 503, Canal Heights 2
What did unit 503 last sell for?
AED 2,753,000 on 13 January 2025, sold by the developer: AED 2,720 per sqft for 1,012 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,012 sqft (94.0 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower due for completion in 2027.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Heights 2 sold for AED 2,499,000 to 2,499,000 in the last 12 months, around AED 2,962 per sqft.
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Mortgage on 503, Canal Heights 2
Starts from the last sale price (AED 2.75M, 13 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,753,000
- Deposit, UAE resident (20%)
- AED 550,600
- Deposit, non-resident (40%)
- AED 1,101,200
- Monthly over 25 years at 3.7%
- AED 11,263
Plus AED 120,636 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →