P205, 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.
Property timeline for P205, Canal Heights 2
What is P205 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.27M · January 2024
- Building
- Canal Heights 2
About P205, Canal Heights 2
P205 is a studio of 450 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 9 January 2024 for AED 1,265,000, or AED 2,810 per sqft, in line with the AED 2,883 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for P205 over time
P205 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P205 sits
All 254 studios →P205 last sold in January 2024 at AED 2,810 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,883). 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
P205, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 9 January 2024 for AED 1,265,000, or AED 2,810 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 9 January 2024.
Questions about P205, Canal Heights 2
What did unit P205 last sell for?
AED 1,265,000 on 9 January 2024, sold by the developer: AED 2,810 per sqft for 450 sqft. It is the only registered sale of the unit.
How big is unit P205?
450 sqft (41.8 sqm): a studio of a 43-storey tower due for completion in 2027.
What is unit P205 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 P205, Canal Heights 2
Starts from the last sale price (AED 1.27M, 9 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,265,000
- Deposit, UAE resident (20%)
- AED 253,000
- Deposit, non-resident (40%)
- AED 506,000
- Monthly over 25 years at 3.7%
- AED 5,176
Plus AED 58,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →