Unit 3203, Canal Heights 2: what it sold for and what it is worth now

Unit 3203 at Canal Heights 2 is a studio of 450 sq ft. It last sold for AED 1,050,000 on 12 Mar 2025. At AED 2,778 per sq ft, from 17 sales of units ending 03 (same position in the tower), it is worth about AED 1,250,000 today.

Value todayAED 1,250,000AED 1,197,000 to AED 1,440,000
Last saleAED 1,050,00012 Mar 2025 · Off-plan
Change since last sale+19.0%Building trend alone: AED 1,038,867
Bedroomsstudio
Size450 sq ft
Floor32 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingCanal Heights 2 by DAMAC Properties, handed over 2027
Registered sales of this unit2

Every registered sale of unit 3203

DatePriceSizeAED/sq ftType
12 Mar 2025AED 1,050,000450 sq ft2,333Off-plan
22 Aug 2023AED 1,421,000450 sq ft3,158Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
240315 Jul 2026AED 2,291,000823 sq ft2,784Off-plan
390312 Nov 2025AED 4,314,0001,331 sq ft3,241Off-plan
20323 Oct 2025AED 2,473,3801,010 sq ft2,449Off-plan
10323 Jun 2025AED 2,433,6001,009 sq ft2,412Off-plan
P3034 Jun 2025AED 2,624,000983 sq ft2,669Off-plan
P2033 Jun 2025AED 2,617,000984 sq ft2,660Off-plan
330320 May 2025AED 4,498,0001,509 sq ft2,981Off-plan
3031 Feb 2025AED 2,545,4101,013 sq ft2,513Off-plan

Latest studio sales in Canal Heights 2

UnitDatePriceSizeAED/sq ftType
110411 Sep 2026AED 1,247,400477 sq ft2,615Off-plan
51820 Aug 2026AED 1,304,000456 sq ft2,860Off-plan
20826 Jun 2026AED 1,313,000458 sq ft2,867Off-plan
101030 Dec 2025AED 1,308,000459 sq ft2,850Off-plan
P20714 Oct 2025AED 1,296,000472 sq ft2,746Off-plan
350630 May 2025AED 1,629,000509 sq ft3,200Off-plan
180622 May 2025AED 1,364,000446 sq ft3,058Off-plan
P20420 May 2025AED 1,195,100430 sq ft2,779Off-plan

How we worked out the value

We took the 17 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,778). We multiplied it by the size of this unit (450 sq ft). The range uses the middle half of those sales (AED 2,660 to AED 3,200 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,038,867. Floor, view, condition and upgrades can move the price either way. Sales data to 18 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 3203 at Canal Heights 2 worth?

About AED 1,250,000 (range AED 1,197,000 to AED 1,440,000), based on AED 2,778 per sq ft from registered sales up to 18 Sep 2026.

When did unit 3203 last sell?

12 Mar 2025, for AED 1,050,000 (off-plan). It has 2 registered sales.

Sales alert for Canal Heights 2All sales in Canal Heights 2

Unit 3202 · Unit 3204