704, Canal Heights 2
Sold prices and rental history: sold once, by the developer in December 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 704, Canal Heights 2
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 470 sqft
- Floor
- 7th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.36M · December 2023
- Building
- Canal Heights 2
About 704, Canal Heights 2
704 is a two-bedroom apartment of 470 sqft on the 7th 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 5 December 2023 for AED 1,359,000, or AED 2,890 per sqft, in line with the AED 2,870 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Canal Heights 2, and where 704 sits
All 28 2-beds →704 last sold in December 2023 at AED 2,890 per sqft, in line with what two-beds in Canal Heights 2 were fetching at the time (AED 2,870). Over the last 12 months two-beds sold for AED 3,422,850 to 3,566,400, around AED 2,528 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 1,287 sqft | 3,402,630 | 2,643 | ||
| 3 Jun 20253 June 2025 | 1,297 sqft | 3,712,500 | 2,861 | ||
| 20 May 202520 May 2025 | 1,311 sqft | 3,580,000 | 2,730 | ||
| 20 May 202520 May 2025 | 1,509 sqft | 4,498,000 | 2,980 |
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 7th floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 484 sqft | AED 1.4MAED 1,400,000 · Feb 2024February 2024 | ||
| 703 | 2-bed | 998 sqft | AED 2.74MAED 2,736,000 · Dec 2023December 2023 | ||
| 706 | Studio | 449 sqft | AED 1.29MAED 1,288,000 · Aug 2023August 2023 | ||
| 707 | Studio | 456 sqft | AED 1.31MAED 1,307,000 · Aug 2023August 2023 | ||
| 708 | Studio | 455 sqft | AED 1.31MAED 1,305,000 · Aug 2023August 2023 | ||
| 709 | Studio | 479 sqft | AED 1.37MAED 1,374,000 · Oct 2024October 2024 | ||
| 710 | 2,208 sqft | AED 5.83MAED 5,829,000 · Oct 2025October 2025 | |||
| 711 | 1-bed | 877 sqft | AED 2.4MAED 2,403,000 · Oct 2023October 2023 | ||
| 712 | 1-bed | 913 sqft | AED 2.5MAED 2,502,000 · Oct 2023October 2023 | ||
| 713 | Studio | 522 sqft | AED 1.51MAED 1,510,000 · Jan 2024January 2024 | ||
| 714 | Studio | 480 sqft | AED 1.39MAED 1,388,000 · Jan 2024January 2024 | ||
| 715 | Studio | 457 sqft | AED 1.28MAED 1,282,340 · Oct 2023October 2023 | ||
| 716 | Studio | 453 sqft | AED 980KAED 980,000 · Apr 2025April 2025 | ||
| 717 | Studio | 456 sqft | AED 1.31MAED 1,307,000 · Aug 2023August 2023 | ||
| 718 | Studio | 455 sqft | AED 1.3MAED 1,304,000 · Aug 2023August 2023 | ||
| 719 | Studio | 481 sqft | AED 1.38MAED 1,379,000 · Oct 2024October 2024 | ||
| 720 | 1-bed | 730 sqft | AED 2.08MAED 2,080,000 · Oct 2024October 2024 | ||
| 721 | 1-bed | 729 sqft | AED 2.08MAED 2,077,000 · Oct 2024October 2024 |
704, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 5 December 2023 for AED 1,359,000, or AED 2,890 per sqft.
- Two-beds in Canal Heights 2 sold for AED 3,422,850–3,566,400 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 5 December 2023.
Questions about 704, Canal Heights 2
What did unit 704 last sell for?
AED 1,359,000 on 5 December 2023, sold by the developer: AED 2,890 per sqft for 470 sqft. It is the only registered sale of the unit.
How big is unit 704?
470 sqft (43.7 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower due for completion in 2027.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Canal Heights 2 sold for AED 3,422,850 to 3,566,400 in the last 12 months, around AED 2,528 per sqft.
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Mortgage on 704, Canal Heights 2
Starts from the last sale price (AED 1.36M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,359,000
- Deposit, UAE resident (20%)
- AED 271,800
- Deposit, non-resident (40%)
- AED 543,600
- Monthly over 25 years at 3.7%
- AED 5,560
Plus AED 62,088 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →