Unit 518, Canal Heights 2: what it sold for and what it is worth now

Unit 518 at Canal Heights 2 is a studio of 456 sq ft. It last sold for AED 1,304,000 on 20 Aug 2026. At AED 2,850 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 1,299,000 today.

Value todayAED 1,299,000AED 1,252,000 to AED 1,304,000
Last saleAED 1,304,00020 Aug 2026 · Off-plan
Change since last sale-0.4%Building trend alone: AED 1,299,427
Bedroomsstudio
Size456 sq ft
Floor5 (from the unit number)
Position in the towerStack 18: units ending 18 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 518

DatePriceSizeAED/sq ftType
20 Aug 2026AED 1,304,000456 sq ft2,860Off-plan
2 Oct 2023AED 1,304,000456 sq ft2,860Off-plan

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
81823 Nov 2023AED 1,315,000451 sq ft2,916Off-plan
31818 Sep 2023AED 1,302,000457 sq ft2,849Off-plan
61828 Aug 2023AED 1,304,000454 sq ft2,872Off-plan
21822 Aug 2023AED 1,303,000459 sq ft2,839Off-plan
71822 Aug 2023AED 1,304,000452 sq ft2,885Off-plan
41822 Aug 2023AED 1,307,000457 sq ft2,860Off-plan

Latest studio sales in Canal Heights 2

UnitDatePriceSizeAED/sq ftType
110411 Sep 2026AED 1,247,400477 sq ft2,615Off-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
20916 May 2025AED 1,322,000465 sq ft2,843Off-plan

How we worked out the value

We took the 5 sales in Canal Heights 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,850). We multiplied it by the size of this unit (456 sq ft). The range uses the middle half of those sales (AED 2,746 to AED 2,860 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,299,427. 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 518 at Canal Heights 2 worth?

About AED 1,299,000 (range AED 1,252,000 to AED 1,304,000), based on AED 2,850 per sq ft from registered sales up to 18 Sep 2026.

When did unit 518 last sell?

20 Aug 2026, for AED 1,304,000 (off-plan). It has 2 registered sales.

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

Unit 517 · Unit 519