504, Canal Heights 2
Sold prices and rental history: sold once, by the developer in February 2024, 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 504, Canal Heights 2
What is 504 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 5th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.36M · February 2024
- Building
- Canal Heights 2
About 504, Canal Heights 2
504 is a studio of 474 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 21 February 2024 for AED 1,361,000, or AED 2,870 per sqft, in line with the AED 2,886 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 504 over time
504 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where 504 sits
All 254 studios →504 last sold in February 2024 at AED 2,870 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,886). 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 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 | ||
| 503 | 1-bed | 1,012 sqft | AED 2.75MAED 2,753,000 · Jan 2025January 2025 | ||
| 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 |
504, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 21 February 2024 for AED 1,361,000, or AED 2,870 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 21 February 2024.
Questions about 504, Canal Heights 2
What did unit 504 last sell for?
AED 1,361,000 on 21 February 2024, sold by the developer: AED 2,870 per sqft for 474 sqft. It is the only registered sale of the unit.
How big is unit 504?
474 sqft (44.0 sqm): a studio on the 5th floor of a 43-storey tower due for completion in 2027.
What is unit 504 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.
Selling 504? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 504, Canal Heights 2
Starts from the last sale price (AED 1.36M, 21 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,361,000
- Deposit, UAE resident (20%)
- AED 272,200
- Deposit, non-resident (40%)
- AED 544,400
- Monthly over 25 years at 3.7%
- AED 5,568
Plus AED 62,172 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →