Studio · 487 sqftCanal Heights 2, Business Bay · due 2027

P202, Canal Heights 2

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P202 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 1.37M16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P202, Canal Heights 2

What is P202 worth today?

Last sold for AED 1,368,000 in 2024

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16 Jan 2024Sold by developerOff-plan
AED 1,368,000AED 2,811 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 January 2024.

Key facts

Type
Studio apartment
Size
487 sqft
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.37M · January 2024

About P202, Canal Heights 2

P202 is a studio of 487 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 16 January 2024 for AED 1,368,000, or AED 2,811 per sqft, in line with the AED 2,882 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P202 over time

Sales
Unit P202, each saleTypical studio in Canal Heights 2
1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, January 2024: AED 1,368,000 (AED 2,811 per sqft)

P202 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where P202 sits

All 254 studios →

P202 last sold in January 2024 at AED 2,811 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,882). 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 →

P202, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 16 January 2024 for AED 1,368,000, or AED 2,811 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 16 January 2024.

Questions about P202, Canal Heights 2

What did unit P202 last sell for?

AED 1,368,000 on 16 January 2024, sold by the developer: AED 2,811 per sqft for 487 sqft. It is the only registered sale of the unit.

How big is unit P202?

487 sqft (45.2 sqm): a studio of a 43-storey tower due for completion in 2027.

What is unit P202 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 P202, Canal Heights 2

Starts from the last sale price (AED 1.37M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,000
Deposit, UAE resident (20%)
AED 273,600
Deposit, non-resident (40%)
AED 547,200
Monthly over 25 years at 3.7%
AED 5,597

Plus AED 62,466 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →