Canal Heights, Business Bay: sale prices and transactions
Canal Heights is a project registered with the Dubai Land Department (project no. 2602) in Business Bay. Since August 2023, 464 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 32 sales closed at a median AED 30,243 per m² (AED 2,810 per sq ft).
- AED 30,243median price per m²
- AED 2,810median price per sq ft
- 464sales since 2023
- 32sales in 12 months
- -2.9%change year on year
Its price per m² is 18.5% above the Business Bay median (AED 25,523/m²). All sales were registered off-plan: the project is sold before completion.
Canal Heights prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 10 | AED 1,293,500 | 42 m² |
| Apartment · 1 bedroom | 5 | AED 2,481,000 | 77 m² |
| Apartment · 2 bedrooms | 17 | AED 3,817,100 | 128 m² |
Canal Heights price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2023 | 341 | AED 30,473 | AED 2,831 | — |
| 2024 | 54 | AED 30,997 | AED 2,880 | +1.7% |
| 2025 | 46 | AED 30,464 | AED 2,830 | -1.7% |
| 2026 (to mid-October) | 23 | AED 30,256 | AED 2,811 | -0.7% |
Canal Heights off-plan: official sheet, progress and price list
Developer: Vesta Real Estate Development L.L.C, all projects
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Fairmont Palm Residence, Palm Jumeirah — AED 30,219/m²
- Lia, Palm Deira — AED 30,269/m²
- Ellington Sands II, Palm Deira — AED 30,129/m²
- Elmora, Jumeirah Garden City — AED 30,089/m²
Other projects in Business Bay
- Canal Heights 2 — AED 30,285/m²
- Canal Crown — AED 29,977/m²
- Peninsula One — AED 29,873/m²
- Downtown Residences — AED 29,800/m²
- One.B Tower — AED 29,795/m²
- Canal Crown 2 — AED 31,048/m²
- Al Habtoor Tower — AED 29,416/m²
- Binghatti Skyrise — AED 31,090/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Canal Heights?
Over the last 12 months the median is AED 2,810 per sq ft (AED 30,243 per m²) across 32 DLD sales.
How much is a studio at Canal Heights?
Median sale price AED 1,293,500 for a median 42 m², across 10 sales over the last 12 months.
How many sales have been registered at Canal Heights?
464 residential sales registered with the DLD between August 2023 and October 2026, 100% of them off-plan.
Where is Canal Heights?
In Business Bay, Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.