PropertyIndex

Canal Heights

Under Construction · Due Q4 2026 · 18%|415 units · 1 building

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Canal Heights is an under-construction apartment development by VESTA REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 415 registered units. 463 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,831 per sqft. At AED 2,831 per sqft, Canal Heights prices 16% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 7.0% YoY
2.08MAED
Typical
2,831AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
463
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Canal Heights

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
430 – 4,381 sqft
4152.08M2,8317.0%
Residential
Studio · Apartment
430 – 479 sqft
204
1 Bed · Apartment
583 – 923 sqft
142
2 Bed · Apartment
1,286 – 1,597 sqft
62
3 Bed · Apartment
3,090 – 3,113 sqft
2
4 Bed · Apartment
4,381 sqft
1
Commercial
Shop
1,584 – 1,815 sqft
4
No rental contracts registered — the project has not handed over.
Sales — Project-Wide463 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 108 sales
Floors 2-33 · 71 sales
Floors 34-40 · 37 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Aug 20262 BedFloor 31,3503,290,3402,437Entry LevelOff-Plan Sale
12 Aug 2026StudioFloor 54671,314,0002,8110.0%StandardOff-Plan Sale
4 Aug 2026StudioFloor 64601,295,0002,8170.0%StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Canal Heights

Answered from Dubai Land Department registered transactions.

How much does a property in Canal Heights cost?

Property in Canal Heights sells at a current PIX© price of AED 2,831 per sqft, or about AED 2,076,119 for a typical unit, based on 463 sales registered with the Dubai Land Department.

When is Canal Heights handing over?

Canal Heights is under construction, due q4 2026, and is 18% complete against the Dubai Land Department's reported progress.

Who is the developer of Canal Heights?

Canal Heights is developed by VESTA REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Canal Heights?

Canal Heights holds 415 registered units, per the Dubai Land Department unit register.

Have prices in Canal Heights gone up or down?

Price per sqft has risen +7.0% over the last 12 months, to AED 2,831, across 463 registered sales.