Unit 503, Canal Heights 2: what it sold for and what it is worth now

Unit 503 at Canal Heights 2 is a 1 bed of 1,012 sq ft. It last sold for AED 2,753,000 on 13 Jan 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 2,812,000 today.

Value todayAED 2,812,000AED 2,691,000 to AED 3,239,000
Last saleAED 2,753,00013 Jan 2025 · Off-plan
Change since last sale+2.1%Building trend alone: AED 2,723,915
Bedrooms1 bed
Size1,012 sq ft
Floor5 (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 unit1

Every registered sale of unit 503

DatePriceSizeAED/sq ftType
13 Jan 2025AED 2,753,0001,012 sq ft2,720Off-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
320312 Mar 2025AED 1,050,000450 sq ft2,333Off-plan

Latest 1 bed sales in Canal Heights 2

UnitDatePriceSizeAED/sq ftType
340718 Sep 2026AED 2,683,120971 sq ft2,763Off-plan
240315 Jul 2026AED 2,291,000823 sq ft2,784Off-plan
25023 Jun 2026AED 2,194,000809 sq ft2,712Off-plan
3403A13 Apr 2026AED 3,029,000965 sq ft3,139Off-plan
35079 Apr 2026AED 2,958,120949 sq ft3,117Off-plan
340517 Feb 2026AED 2,499,000844 sq ft2,961Off-plan
20323 Oct 2025AED 2,473,3801,010 sq ft2,449Off-plan
370713 Aug 2025AED 2,936,000898 sq ft3,269Off-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 (1,012 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 2,723,915. 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 503 at Canal Heights 2 worth?

About AED 2,812,000 (range AED 2,691,000 to AED 3,239,000), based on AED 2,778 per sq ft from registered sales up to 18 Sep 2026.

When did unit 503 last sell?

13 Jan 2025, for AED 2,753,000 (off-plan). It has 1 registered sale.

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

Unit 502 · Unit 504