P308, 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.
Property timeline for P308, Canal Heights 2
What is P308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 1.24M · October 2023
- Building
- Canal Heights 2
About P308, Canal Heights 2
P308 is a studio of 440 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 10 October 2023 for AED 1,243,000, or AED 2,822 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 P308 over time
P308 has sold once; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where P308 sits
All 254 studios →P308 last sold in October 2023 at AED 2,822 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 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
P308, Canal Heights 2 in numbers
- Sold once: by Resta Real Estate Development on 10 October 2023 for AED 1,243,000, or AED 2,822 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 10 October 2023.
Questions about P308, Canal Heights 2
What did unit P308 last sell for?
AED 1,243,000 on 10 October 2023, sold by the developer: AED 2,822 per sqft for 440 sqft. It is the only registered sale of the unit.
How big is unit P308?
440 sqft (40.9 sqm): a studio of a 43-storey tower due for completion in 2027.
What is unit P308 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 P308, Canal Heights 2
Starts from the last sale price (AED 1.24M, 10 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,243,000
- Deposit, UAE resident (20%)
- AED 248,600
- Deposit, non-resident (40%)
- AED 497,200
- Monthly over 25 years at 3.7%
- AED 5,085
Plus AED 57,216 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →