Project profile
Canal Heights Project · Business Bay · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Vesta Real Estate Development
Data to 5 November 2026
- Registered sales
- 29
- Last 12 months
- Median off-plan price
- AED 2,811
- Per sq ft
- Construction progress
- 36.3%
- DLD end date Dec 2026
Dubai Land Department lists the project as under construction, 36.3% complete, with a DLD end date of 31 December 2026. In the last 12 months, Dubai Land Department registered 29 sales in Canal Heights, worth AED 78.8M in total. The median off-plan price was 2,811 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Under construction
- Start
- 25 May 2023
- DLD end date
- 31 December 2026
- Units
- 415
- Buildings
- 1
DLD progress 36.3% (register read on 1 November 2026); 96% of the registered period (25 May 2023 to 31 December 2026) has passed.
Launch and latest registrations.
- Launch price
- AED 2,830
- First 90 days from Aug 2023, 337 home sales
- Last 12 months
- AED 2,811
- 29 home sales
- Change
- +0.8%
- Same home types, AED/sqft
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Canal Heights registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Off-plan (registered sales) |
|---|---|
| Nov 2023 | 2,888 AED/sqft 6 sales |
| Dec 2023 | — 1 sale |
| Jan 2024 | — 2 sales |
| Feb 2024 | — |
| Mar 2024 | — 3 sales |
| Apr 2024 | — 1 sale |
| May 2024 | — 3 sales |
| Jun 2024 | — |
| Jul 2024 | — 4 sales |
| Aug 2024 | — 1 sale |
| Sep 2024 | — 4 sales |
| Oct 2024 | — 3 sales |
| Nov 2024 | 2,922 AED/sqft 30 sales |
| Dec 2024 | — 3 sales |
| Jan 2025 | — |
| Feb 2025 | — 3 sales |
| Mar 2025 | — 4 sales |
| Apr 2025 | — 2 sales |
| May 2025 | — 3 sales |
| Jun 2025 | — 4 sales |
| Jul 2025 | 2,477 AED/sqft 6 sales |
| Aug 2025 | 2,586 AED/sqft 6 sales |
| Sep 2025 | 2,814 AED/sqft 6 sales |
| Oct 2025 | 2,877 AED/sqft 6 sales |
| Nov 2025 | — 1 sale |
| Dec 2025 | 2,760 AED/sqft 5 sales |
| Jan 2026 | — 2 sales |
| Feb 2026 | 2,792 AED/sqft 8 sales |
| Mar 2026 | 2,905 AED/sqft 6 sales |
| Apr 2026 | — 1 sale |
| May 2026 | — |
| Jun 2026 | — |
| Jul 2026 | — 1 sale |
| Aug 2026 | — 4 sales |
| Sep 2026 | — |
| Oct 2026 | — 1 sale |
What does each home type sell and rent for in Canal Heights?
Apartment · Studio
- Median price, all sales
- AED 1.3M
- AED/sqft
- 2,814
- Sales
- 10
Apartment · 1 bed
- Median price, all sales
- AED 2.5M
- AED/sqft
- 3,007
- Sales
- 5
Apartment · 2 beds
- Median price, all sales
- AED 3.7M
- AED/sqft
- 2,760
- Sales
- 14
Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.
Service charges.
In the area report.
The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Business Bay area reportThe latest registered sales in Canal Heights.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 6 Oct 2026 | Apartment · 2 beds · Off-plan | 1,357 sqft | AED 3,378,200 | 2,489 |
| 21 Aug 2026 | Apartment · 2 beds · Off-plan | 1,333 sqft | AED 3,493,440 | 2,621 |
| 14 Aug 2026 | Apartment · 2 beds · Off-plan | 1,350 sqft | AED 3,290,340 | 2,437 |
| 13 Aug 2026 | Apartment · Studio · Off-plan | 467 sqft | AED 1,314,000 | 2,814 |
| 4 Aug 2026 | Apartment · Studio · Off-plan | 460 sqft | AED 1,295,000 | 2,815 |
| 6 Jul 2026 | Apartment · Studio · Off-plan | 454 sqft | AED 1,276,000 | 2,811 |
| 28 Apr 2026 | Apartment · 2 beds · Off-plan | 1,409 sqft | AED 4,032,960 | 2,862 |
| 31 Mar 2026 | Apartment · 1 bed · Off-plan | 818 sqft | AED 2,527,000 | 3,089 |
| 30 Mar 2026 | Apartment · 1 bed · Off-plan | 716 sqft | AED 1,927,000 | 2,691 |
| 30 Mar 2026 | Apartment · Studio · Off-plan | 473 sqft | AED 1,359,000 | 2,873 |
6 Oct 2026
Apartment2 bedsOff-plan1,357 sqft
AED 3,378,2002,489 AED/sqft
21 Aug 2026
Apartment2 bedsOff-plan1,333 sqft
AED 3,493,4402,621 AED/sqft
14 Aug 2026
Apartment2 bedsOff-plan1,350 sqft
AED 3,290,3402,437 AED/sqft
13 Aug 2026
ApartmentStudioOff-plan467 sqft
AED 1,314,0002,814 AED/sqft
4 Aug 2026
ApartmentStudioOff-plan460 sqft
AED 1,295,0002,815 AED/sqft
6 Jul 2026
ApartmentStudioOff-plan454 sqft
AED 1,276,0002,811 AED/sqft
28 Apr 2026
Apartment2 bedsOff-plan1,409 sqft
AED 4,032,9602,862 AED/sqft
31 Mar 2026
Apartment1 bedOff-plan818 sqft
AED 2,527,0003,089 AED/sqft
30 Mar 2026
Apartment1 bedOff-plan716 sqft
AED 1,927,0002,691 AED/sqft
30 Mar 2026
ApartmentStudioOff-plan473 sqft
AED 1,359,0002,873 AED/sqft
Questions about Canal Heights
What is the price per sq ft in Canal Heights?
In the 12 months to 5 November 2026, the median registered off-plan sale price was 2,811 AED/sqft.
How many homes were sold in Canal Heights in the last 12 months?
In the last 12 months, Dubai Land Department registered 29 sales in Canal Heights, worth AED 78.8M in total. The median off-plan price was 2,811 AED/sqft. Registered sales to 5 November 2026.
When is Canal Heights due to be completed?
Dubai Land Department lists the project as under construction, 36.3% complete, with a DLD end date of 31 December 2026. An end date is the date in the DLD register, not a handover forecast.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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