Studio · 492 sqftCanal Heights 2, Business Bay · due 2027

P108, 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 P108 · DLD and Ejari recordsUpdated 29 August 2023
Last soldAED 1.23M29 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P108, Canal Heights 2

What is P108 worth today?

Last sold for AED 1,228,000 in 2023

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29 Aug 2023Sold by developerOff-plan
AED 1,228,000AED 2,498 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2023.

Key facts

Type
Studio apartment
Size
492 sqft
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.23M · August 2023

About P108, Canal Heights 2

P108 is a studio of 492 sqft 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 29 August 2023 for AED 1,228,000, or AED 2,498 per sqft, 14% below the AED 2,906 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P108 over time

Sales
Unit P108, each saleTypical studio in Canal Heights 2
1.3M1.4M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, August 2023: AED 1,228,000 (AED 2,498 per sqft)

P108 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where P108 sits

All 254 studios →

P108 last sold in August 2023 at AED 2,498 per sqft, 14% below what studios in Canal Heights 2 were fetching at the time (AED 2,906). 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 →

P108, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 29 August 2023 for AED 1,228,000, or AED 2,498 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 29 August 2023.

Questions about P108, Canal Heights 2

What did unit P108 last sell for?

AED 1,228,000 on 29 August 2023, sold by the developer: AED 2,498 per sqft for 492 sqft. It is the only registered sale of the unit.

How big is unit P108?

492 sqft (45.7 sqm): a studio of a 43-storey tower due for completion in 2027.

What is unit P108 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 P108, Canal Heights 2

Starts from the last sale price (AED 1.23M, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,228,000
Deposit, UAE resident (20%)
AED 245,600
Deposit, non-resident (40%)
AED 491,200
Monthly over 25 years at 3.7%
AED 5,024

Plus AED 56,586 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →