P204, Canal Heights 2
Sold prices and rental history: sold twice, last in May 2025, 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 P204, Canal Heights 2
What is P204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.2M · May 2025
- Building
- Canal Heights 2
About P204, Canal Heights 2
P204 is a studio of 430 sqft of Canal Heights 2, a 43-storey tower in Business Bay due for completion in 2027 by Resta Real Estate Development. It last sold on 20 May 2025 for AED 1,195,100, or AED 2,778 per sqft, 5% below the AED 2,915 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for P204 over time
P204 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P204 sits
All 254 studios →P204 last sold in May 2025 at AED 2,778 per sqft, 5% below what studios in Canal Heights 2 were fetching at the time (AED 2,915). Over the last 12 months studios sold for AED 1,308,000, around AED 2,850 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 459 sqft | 1,308,000 | 2,850 | ||
| 10 Jul 202510 July 2025 | 472 sqft | 1,342,000 | 2,841 | ||
| 30 May 202530 May 2025 | 509 sqft | 1,629,000 | 3,201 | ||
| 22 May 202522 May 2025 | 446 sqft | 1,364,000 | 3,059 |
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
P204, Canal Heights 2 in numbers
- Sold twice: first on 5 September 2024 for AED 1,195,100, last on 20 May 2025 for AED 1,195,100 (AED 2,778 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 20 May 2025.
Questions about P204, Canal Heights 2
What did unit P204 last sell for?
AED 1,195,100 on 20 May 2025: AED 2,778 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 1,195,100 in September 2024.
How big is unit P204?
430 sqft (39.9 sqm): a studio of a 43-storey tower due for completion in 2027.
What is unit P204 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 P204, Canal Heights 2
Starts from the last sale price (AED 1.2M, 20 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,195,100
- Deposit, UAE resident (20%)
- AED 239,020
- Deposit, non-resident (40%)
- AED 478,040
- Monthly over 25 years at 3.7%
- AED 4,890
Plus AED 55,204 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →