Project profile
Canal Heights 2 Project · Business Bay · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Resta Real Estate Development
Data to 5 November 2026
- Registered sales
- 28
- Last 12 months
- Median off-plan price
- AED 2,850
- Per sq ft
- Construction progress
- 36.4%
- DLD end date Mar 2027
Dubai Land Department lists the project as under construction, 36.4% complete, with a DLD end date of 31 March 2027. In the last 12 months, Dubai Land Department registered 28 sales in Canal Heights 2, worth AED 87.9M in total. The median off-plan price was 2,850 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
- 10 June 2023
- DLD end date
- 31 March 2027
- Units
- 505
- Buildings
- 1
DLD progress 36.4% (register read on 1 November 2026); 89% of the registered period (10 June 2023 to 31 March 2027) has passed.
Launch and latest registrations.
- Launch price
- AED 2,870
- First 90 days from Aug 2023, 287 home sales
- Last 12 months
- AED 2,850
- 28 home sales
- Change
- -0.2%
- 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 2 registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Off-plan (registered sales) |
|---|---|
| Nov 2023 | 2,832 AED/sqft 28 sales |
| Dec 2023 | 2,860 AED/sqft 7 sales |
| Jan 2024 | 2,840 AED/sqft 26 sales |
| Feb 2024 | 2,871 AED/sqft 13 sales |
| Mar 2024 | 2,725 AED/sqft 6 sales |
| Apr 2024 | 2,700 AED/sqft 5 sales |
| May 2024 | — 2 sales |
| Jun 2024 | — |
| Jul 2024 | — 1 sale |
| Aug 2024 | — |
| Sep 2024 | — 2 sales |
| Oct 2024 | 2,885 AED/sqft 48 sales |
| Nov 2024 | — 4 sales |
| Dec 2024 | — 3 sales |
| Jan 2025 | — 4 sales |
| Feb 2025 | 2,750 AED/sqft 10 sales |
| Mar 2025 | — 2 sales |
| Apr 2025 | — 3 sales |
| May 2025 | 2,843 AED/sqft 9 sales |
| Jun 2025 | 2,669 AED/sqft 6 sales |
| Jul 2025 | — 3 sales |
| Aug 2025 | — 4 sales |
| Sep 2025 | 2,911 AED/sqft 5 sales |
| Oct 2025 | — 3 sales |
| Nov 2025 | — 2 sales |
| Dec 2025 | — 3 sales |
| Jan 2026 | — 1 sale |
| Feb 2026 | 2,841 AED/sqft 6 sales |
| Mar 2026 | — 2 sales |
| Apr 2026 | 2,881 AED/sqft 5 sales |
| May 2026 | — |
| Jun 2026 | — 2 sales |
| Jul 2026 | — 2 sales |
| Aug 2026 | — 1 sale |
| Sep 2026 | — 2 sales |
| Oct 2026 | — 1 sale |
What does each home type sell and rent for in Canal Heights 2?
Apartment · Studio
- Median price, all sales
- AED 1.3M
- AED/sqft
- 2,850
- Sales
- 5
Apartment · 1 bed
- Median price, all sales
- AED 2.5M
- AED/sqft
- 2,784
- Sales
- 6
Apartment · 2 beds
- Median price, all sales
- AED 3.7M
- AED/sqft
- 2,841
- Sales
- 16
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 2.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 2 Nov 2026 | Apartment · Studio · Off-plan | 492 sqft | AED 1,402,000 | 2,850 |
| 20 Oct 2026 | Apartment · 2 beds · Off-plan | 771 sqft | AED 3,334,000 | 4,324 |
| 18 Sep 2026 | Apartment · 1 bed · Off-plan | 971 sqft | AED 2,683,120 | 2,763 |
| 11 Sep 2026 | Apartment · Studio · Off-plan | 477 sqft | AED 1,247,400 | 2,615 |
| 20 Aug 2026 | Apartment · Studio · Off-plan | 456 sqft | AED 1,304,000 | 2,860 |
| 29 Jul 2026 | Apartment · 2 beds · Off-plan | 1,330 sqft | AED 3,627,100 | 2,727 |
| 16 Jul 2026 | Apartment · 1 bed · Off-plan | 823 sqft | AED 2,291,000 | 2,784 |
| 29 Jun 2026 | Apartment · Studio · Off-plan | 458 sqft | AED 1,313,000 | 2,867 |
| 3 Jun 2026 | Apartment · 1 bed · Off-plan | 809 sqft | AED 2,194,000 | 2,712 |
| 16 Apr 2026 | Apartment · 2 beds · Off-plan | 1,326 sqft | AED 3,794,000 | 2,861 |
2 Nov 2026
ApartmentStudioOff-plan492 sqft
AED 1,402,0002,850 AED/sqft
20 Oct 2026
Apartment2 bedsOff-plan771 sqft
AED 3,334,0004,324 AED/sqft
18 Sep 2026
Apartment1 bedOff-plan971 sqft
AED 2,683,1202,763 AED/sqft
11 Sep 2026
ApartmentStudioOff-plan477 sqft
AED 1,247,4002,615 AED/sqft
20 Aug 2026
ApartmentStudioOff-plan456 sqft
AED 1,304,0002,860 AED/sqft
29 Jul 2026
Apartment2 bedsOff-plan1,330 sqft
AED 3,627,1002,727 AED/sqft
16 Jul 2026
Apartment1 bedOff-plan823 sqft
AED 2,291,0002,784 AED/sqft
29 Jun 2026
ApartmentStudioOff-plan458 sqft
AED 1,313,0002,867 AED/sqft
3 Jun 2026
Apartment1 bedOff-plan809 sqft
AED 2,194,0002,712 AED/sqft
16 Apr 2026
Apartment2 bedsOff-plan1,326 sqft
AED 3,794,0002,861 AED/sqft
Questions about Canal Heights 2
What is the price per sq ft in Canal Heights 2?
In the 12 months to 5 November 2026, the median registered off-plan sale price was 2,850 AED/sqft.
How many homes were sold in Canal Heights 2 in the last 12 months?
In the last 12 months, Dubai Land Department registered 28 sales in Canal Heights 2, worth AED 87.9M in total. The median off-plan price was 2,850 AED/sqft. Registered sales to 5 November 2026.
When is Canal Heights 2 due to be completed?
Dubai Land Department lists the project as under construction, 36.4% complete, with a DLD end date of 31 March 2027. 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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