Studio · 456 sqftCanal Heights 2, Business Bay · 7th floor · due 2027

707, Canal Heights 2

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 17 August 2023
Last soldAED 1.31M17 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Canal Heights 2

What is 707 worth today?

Last sold for AED 1,307,000 in 2023

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17 Aug 2023Sold by developerOff-plan
AED 1,307,000AED 2,864 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 August 2023.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
7th of 43
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.31M · August 2023

About 707, Canal Heights 2

707 is a studio of 456 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 17 August 2023 for AED 1,307,000, or AED 2,864 per sqft, in line with the AED 2,930 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in Canal Heights 2
1.3M1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,307,000 (AED 2,864 per sqft)

707 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where 707 sits

All 254 studios →

707 last sold in August 2023 at AED 2,864 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,930). Over the last 12 months studios sold for AED 1,308,000, around AED 2,850 per sqft.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 20251,308,000
10 Jul 20251,342,000
30 May 20251,629,000
22 May 20251,364,000
1 studio sale in the last 12 months

Canal Heights 2

Building

440 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
Canal Heights 2, Business Bay: prices, sales and rents →

Other units on the 7th floor

All 440 units in Canal Heights 2
Value
702StudioAED 1.4M · Feb 2024
7032-bedAED 2.74M · Dec 2023
7042-bedAED 1.36M · Dec 2023
706StudioAED 1.29M · Aug 2023
708StudioAED 1.31M · Aug 2023
709StudioAED 1.37M · Oct 2024
710AED 5.83M · Oct 2025
1–7 of 18

707, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 17 August 2023 for AED 1,307,000, or AED 2,864 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 17 August 2023.

Questions about 707, Canal Heights 2

What did unit 707 last sell for?

AED 1,307,000 on 17 August 2023, sold by the developer: AED 2,864 per sqft for 456 sqft. It is the only registered sale of the unit.

How big is unit 707?

456 sqft (42.4 sqm): a studio on the 7th floor of a 43-storey tower due for completion in 2027.

What is unit 707 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 707, Canal Heights 2

Starts from the last sale price (AED 1.31M, 17 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,307,000
Deposit, UAE resident (20%)
AED 261,400
Deposit, non-resident (40%)
AED 522,800
Monthly over 25 years at 3.7%
AED 5,347

Plus AED 59,904 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →