720, Canal Heights 2
Sold prices and rental history: sold once, by the developer in October 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 720, Canal Heights 2
What is 720 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 730 sqft
- Floor
- 7th of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 2.08M · October 2024
- Building
- Canal Heights 2
About 720, Canal Heights 2
720 is a one-bedroom apartment of 730 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 25 October 2024 for AED 2,080,000, or AED 2,847 per sqft, in line with the AED 2,788 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 720 over time
720 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 720 sits
All 156 1-beds →720 last sold in October 2024 at AED 2,847 per sqft, in line with what one-beds in Canal Heights 2 were fetching at the time (AED 2,788). 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 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 | ||
| 704 | 2-bed | 470 sqft | AED 1.36MAED 1,359,000 · 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 | ||
| 721 | 1-bed | 729 sqft | AED 2.08MAED 2,077,000 · Oct 2024October 2024 |
720, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 25 October 2024 for AED 2,080,000, or AED 2,847 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 25 October 2024.
Questions about 720, Canal Heights 2
What did unit 720 last sell for?
AED 2,080,000 on 25 October 2024, sold by the developer: AED 2,847 per sqft for 730 sqft. It is the only registered sale of the unit.
How big is unit 720?
730 sqft (67.8 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower due for completion in 2027.
What is unit 720 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 720, Canal Heights 2
Starts from the last sale price (AED 2.08M, 25 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,080,000
- Deposit, UAE resident (20%)
- AED 416,000
- Deposit, non-resident (40%)
- AED 832,000
- Monthly over 25 years at 3.7%
- AED 8,510
Plus AED 92,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →