SHOP 08, Canal Heights 2
Sold prices and rental history: sold twice, last in October 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 SHOP 08, Canal Heights 2
What is SHOP 08 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 457 sqft
- Floor
- Ground of 43
- Parking
- 1
- Developer
- Resta Real Estate Development
- Completion due
- 2027
- Last sold
- AED 900K · October 2024
- Building
- Canal Heights 2
About SHOP 08, Canal Heights 2
SHOP 08 is a studio of 457 sqft on the ground floor 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 25 October 2024 for AED 900,000, or AED 1,967 per sqft, 32% below the AED 2,890 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for SHOP 08 over time
SHOP 08 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Canal Heights 2, and where SHOP 08 sits
All 254 studios →SHOP 08 last sold in October 2024 at AED 1,967 per sqft, 32% below what studios in Canal Heights 2 were fetching at the time (AED 2,890). 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
Other units on the ground floor
All 440 units in Canal Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| SHOP 01 | Studio | 465 sqft | AED 1.32MAED 1,320,000 · Oct 2023October 2023 | ||
| SHOP 03 | 3-bed | 2,196 sqft | AED 5.69MAED 5,688,000 · Sep 2023September 2023 | ||
| SHOP 04 | 1-bed | 881 sqft | AED 2.31MAED 2,311,820 · Oct 2024October 2024 | ||
| SHOP 05 | 1-bed | 902 sqft | AED 2.43MAED 2,426,000 · Apr 2024April 2024 | ||
| SHOP 06 | Studio | 497 sqft | AED 1.41MAED 1,411,000 · Nov 2023November 2023 | ||
| SHOP 07 | Studio | 465 sqft | AED 1.28MAED 1,282,340 · Oct 2023October 2023 | ||
| SHOP 09 | Studio | 459 sqft | AED 1.29MAED 1,294,000 · Aug 2023August 2023 | ||
| SHOP 10 | Studio | 465 sqft | AED 1.32MAED 1,321,000 · Oct 2023October 2023 | ||
| SHOP 11 | Studio | 462 sqft | AED 1.3MAED 1,303,000 · Aug 2023August 2023 | ||
| SHOP 12 | Studio | 467 sqft | AED 1.32MAED 1,317,000 · Oct 2024October 2024 | ||
| SHOP 13 | Studio | 463 sqft | AED 1.32MAED 1,320,000 · Nov 2023November 2023 |
SHOP 08, Canal Heights 2 in numbers
- Sold twice: first on 26 September 2023 for AED 1,272,000, last on 25 October 2024 for AED 900,000 (AED 1,967 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 25 October 2024.
Questions about SHOP 08, Canal Heights 2
What did unit SHOP 08 last sell for?
AED 900,000 on 25 October 2024: AED 1,967 per sqft for 457 sqft. The unit has 2 registered sales; the first was AED 1,272,000 in September 2023.
How big is unit SHOP 08?
457 sqft (42.5 sqm): a studio on the ground floor of a 43-storey tower due for completion in 2027.
What is unit SHOP 08 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 SHOP 08, Canal Heights 2
Starts from the last sale price (AED 900K, 25 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →