Area view, not a building-specific photograph
Canal Heights 2, Dubai
Homes sold for a median AED 2,785 per sq ft. There were 29 sales in the last 12 months.
Mostly off-plan sales in Business Bay. A typical 2-bedroom home sold for AED 3,748,000.
Get a price for Canal Heights 2- Median sold price
- AED 2,785
- Per sq ft, 12 months to 5 Oct 2026
- Change in a year
- -3.4%
- ↓ −3.4%
- Registered sales
- 29
- 12 months
- Lowest recent sale
- AED 1,247,400
- Recent sales shown below
- Typical price
- StudioAED 1.3M1BRAED 2.5M2BRAED 3.75M
- Rounded registered medians, the last 12 months to 5 Oct 2026
Price per sq ft over five years
Median sold price each quarter, against the Business Bay median. Gaps mean fewer than 3 sales that quarter.
Canal Heights 22,764Last recorded: 2026 Q3
Business Bay median2,097Last recorded: 2026 Q3
Exact registered values are available in the data table below.
- Business Bay median, 2023 Q2: Mix of homes sold changed this quarter
View chart data
| Period | Canal Heights 2 | Business Bay median |
|---|---|---|
| 2021 Q4 | Not reported | 1,436 |
| 2022 Q1 | Not reported | 1,595 |
| 2022 Q2 | Not reported | 1,715 |
| 2022 Q3 | Not reported | 1,838 |
| 2022 Q4 | Not reported | 2,044 |
| 2023 Q1 | Not reported | 2,111 |
| 2023 Q2 | Not reported | 1,812 |
| 2023 Q3 | 2,878 | 2,380 |
| 2023 Q4 | 2,844 | 2,181 |
| 2024 Q1 | 2,837 | 2,276 |
| 2024 Q2 | 2,701 | 2,459 |
| 2024 Q3 | 2,446 | 2,466 |
| 2024 Q4 | 2,899 | 2,309 |
| 2025 Q1 | 2,750 | 2,369 |
| 2025 Q2 | 2,851 | 2,368 |
| 2025 Q3 | 2,932 | 2,634 |
| 2025 Q4 | 2,705 | 2,558 |
| 2026 Q1 | 2,852 | 2,626 |
| 2026 Q2 | 2,865 | 2,464 |
| 2026 Q3 | 2,764 | 2,097 |
Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.
By number of bedrooms
Compare the median price paid for each home size.
| Home | Sales | Median price, rounded | Size, sq ft | AED per sq ft | Area rent a year | Rent-to-price comparison |
|---|---|---|---|---|---|---|
| Studio | 5 | AED 1.3M | 459 | 2,841 | AED 65,000 | 5.0% |
| 1 bedroom | 7 | AED 2.5M | 949 | 2,633 | AED 85,000 | 3.4% |
| 2 bedrooms | 15 | AED 3.75M | 1,326 | 2,827 | AED 130,000 | 3.5% |
Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Business Bay.
Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.
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Latest registered sales
Compare the recorded prices, sizes and dates of the Canal Heights 2 sales shown below.
| 2026-09-18 | 1 bedroom | Off-Plan | 971 | 2,683,120 | 2,763 |
| 2026-09-11 | Studio | Off-Plan | 477 | 1,247,400 | 2,615 |
| 2026-08-20 | Studio | Off-Plan | 456 | 1,304,000 | 2,860 |
| 2026-07-29 | 2 bedrooms | Off-Plan | 1,330 | 3,627,100 | 2,727 |
| 2026-07-15 | 1 bedroom | Off-Plan | 823 | 2,291,000 | 2,784 |
| 2026-06-26 | Studio | Off-Plan | 458 | 1,313,000 | 2,867 |
| 2026-06-03 | 1 bedroom | Off-Plan | 809 | 2,194,000 | 2,712 |
| 2026-04-16 | 2 bedrooms | Off-Plan | 1,326 | 3,794,000 | 2,861 |
Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.
What a 2-bedroom home in Canal Heights 2 really costs
Use your purchase price, rent and charges to compare the cash needed and income after costs.
These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.
Where your purchase costs go
The chart shows how the one-off purchase fees are divided for your inputs.
- Cash you need on day one
- AED 3,980,868
- Net yield after costs
- Add your service charge
| DLD transfer fee | AED 149,920 |
|---|---|
| DLD admin fee | AED 40 |
| Registration trustee fee (incl. VAT) | AED 4,200 |
| Agent commission (incl. VAT) | AED 78,708 |
| Total fees | AED 232,868 |
- Monthly mortgage payment
- AED 0
- Service charge a year
- Add your service charge
- Gross yield
- 3.5%
Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.
Open these figures in the full calculator
Price and size are this building's medians. Rent is the area-level Ejari median for a 2-bedroom home in Business Bay. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.
Other buildings in Business Bay
Compare registered prices and sales, busiest first.
Downtown Residences
Developer render of Binghatti Skyhall
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Project render from Select Group.
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One by Binghatti
HQ by Rove
Location: Business Bay
This map marks the parent area. It does not show the entrance or exact building position.
Questions people ask
These answers explain the prices and registered sales shown for Canal Heights 2.
What is the price per sq ft in Canal Heights 2?
The median sold price was AED 2,785 per sq ft. There were 29 sales over the last 12 months to 5 Oct 2026. Prices changed by -3.4% from the 12 months before. The last sale was on 18 Sept 2026.
How much does a 2-bedroom home in Canal Heights 2 cost?
The median price for a 2-bedroom home was AED 3,748,000. The median size was about 1,326 sq ft. This covers 15 sales in the last 12 months.
What rent does a 2-bedroom home near Canal Heights 2 get?
The median rent for that home size in Business Bay was AED 130,000 a year. The publisher sample has 3,126 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 3.5%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.
Is Canal Heights 2 expensive for Business Bay?
Canal Heights 2 sells at 11.8% above the Business Bay median of AED 2,492 per sq ft, comparing both over the last 12 months.
Sources
Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.