PropertyIndex

Canal Heights 2

Under Construction · Due Q1 2027 · 18%|505 units · 1 building

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Canal Heights 2 is an under-construction apartment development by RESTA REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 505 registered units. 496 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,832 per sqft. At AED 2,832 per sqft, Canal Heights 2 prices 16% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 4.7% YoY
2.09MAED
Typical
2,832AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
496
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Canal Heights 2

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 – 4,676 sqft
5052.09M2,8324.7%
Residential
Studio · Apartment
430 – 563 sqft
262
1 Bed · Apartment
638 – 1,077 sqft
171
2 Bed · Apartment
1,263 – 2,131 sqft
55
3 Bed · Apartment
2,205 – 3,341 sqft
11
4 Bed · Apartment
4,432 – 4,676 sqft
2
Commercial
Shop
1,305 – 3,819 sqft
4
No rental contracts registered — the project has not handed over.
Sales — Project-Wide496 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 · 123 sales
Floors 1-27 · 89 sales
Floors 28-43 · 34 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
29 Jul 20262 BedFloor 231,3303,627,1002,727Entry LevelOff-Plan Sale
15 Jul 20261 BedFloor 248232,291,0002,7830.0%Entry LevelOff-Plan Sale
26 Jun 2026StudioFloor 24581,313,0002,8650.0%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 2

Answered from Dubai Land Department registered transactions.

How much does a property in Canal Heights 2 cost?

Property in Canal Heights 2 sells at a current PIX© price of AED 2,832 per sqft, or about AED 2,090,064 for a typical unit, based on 496 sales registered with the Dubai Land Department.

When is Canal Heights 2 handing over?

Canal Heights 2 is under construction, due q1 2027, and is 18% complete against the Dubai Land Department's reported progress.

Who is the developer of Canal Heights 2?

Canal Heights 2 is developed by RESTA 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 2?

Canal Heights 2 holds 505 registered units, per the Dubai Land Department unit register.

Have prices in Canal Heights 2 gone up or down?

Price per sqft has fallen -4.7% over the last 12 months, to AED 2,832, across 496 registered sales.