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RESTA REAL ESTATE DEVELOPMENT L.L.C

Canal Heights 2

Under Construction · Date not reported|505 units · 1 tower
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Canal Heights 2 is an under-construction development by RESTA REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 505 registered units. 498 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,761 per sqft. At AED 2,761 per sqft, Canal Heights 2 prices 6% above the Business Bay median of AED 2,593 per sqft on registered sales.

PIX© price · ↓8.9% YoY
2.06MAED
Typical
2,761AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
498
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 19
…

Studio on Floor 19, Canal Heights 2

Size
Record
Aug 2023 to Apr 2025
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 322 Apr 202517 mo
Current owner
2Owner 220 Feb 20252 mo
1Owner 122 Aug 202318 mo
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 19 · Canal Heights 2
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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
5052.06M2,761↓8.9%
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-Wide498 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
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Sep 2026StudioCanal Heights 2 · Floor 114771,247,4002,617-10.0%StandardOff-Plan Sale
20 Aug 2026StudioCanal Heights 2 · Floor 54561,304,0002,8590.0%StandardOff-Plan Sale
29 Jul 20262 BedCanal Heights 2 · Floor 231,3303,627,1002,727-Entry LevelOff-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 2,761 per sqft, or about AED 2,059,189 for a typical unit, based on 498 sales registered with the Dubai Land Department.

When is Canal Heights 2 handing over?

Canal Heights 2 is under construction in the Dubai Land Department project register. No handover date is on record.

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 -8.9% over the last 12 months, to AED 2,761, across 498 registered sales.