Studio · 461 sqftCanal Heights 2, Business Bay · due 2027

P307, Canal Heights 2

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P307 · DLD and Ejari recordsUpdated 23 October 2023
Last soldAED 1.3M23 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P307, Canal Heights 2

What is P307 worth today?

Last sold for AED 1,300,000 in 2023

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23 Oct 2023Sold by developerOff-plan
AED 1,300,000AED 2,820 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 October 2023.

Key facts

Type
Studio apartment
Size
461 sqft
Parking
1
Developer
Resta Real Estate Development
Completion due
2027
Last sold
AED 1.3M · October 2023

About P307, Canal Heights 2

P307 is a studio of 461 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 23 October 2023 for AED 1,300,000, or AED 2,820 per sqft, in line with the AED 2,887 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P307 over time

Sales
Unit P307, each saleTypical studio in Canal Heights 2
1.3M1.35M2023202420252026Typical sale price by year: 2023 AED 1,320,000; 2024 AED 1,379,000; 2025 AED 1,322,000Sold by developer, October 2023: AED 1,300,000 (AED 2,820 per sqft)

P307 has sold once; the dashed line is the studio median of each year in the building.

Studios in Canal Heights 2, and where P307 sits

All 254 studios →

P307 last sold in October 2023 at AED 2,820 per sqft, in line with what studios in Canal Heights 2 were fetching at the time (AED 2,887). 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 →

P307, Canal Heights 2 in numbers

  • Sold once: by Resta Real Estate Development on 23 October 2023 for AED 1,300,000, or AED 2,820 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 23 October 2023.

Questions about P307, Canal Heights 2

What did unit P307 last sell for?

AED 1,300,000 on 23 October 2023, sold by the developer: AED 2,820 per sqft for 461 sqft. It is the only registered sale of the unit.

How big is unit P307?

461 sqft (42.8 sqm): a studio of a 43-storey tower due for completion in 2027.

What is unit P307 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 P307, Canal Heights 2

Starts from the last sale price (AED 1.3M, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →