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Canal Heights

What people actually paid in Canal Heights: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

464 sales are on record at the Dubai Land Department, below.

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in Canal Heights? Our team can walk you through what these numbers mean for you.

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Community
Business Bay
First on record
2023 — an off-plan sale
Sales on record
464 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
100% — 464 bought off-plan from the developer, 0 resales of a completed home

Recorded rents and gross yield for Canal Heights →

How Canal Heights compares — every tower in Business Bay, ranked by recorded price →

Living in Business Bay — the area guide →

What a mortgage on a home in Canal Heights costs a month — and the cash you need on the day →

Median sale price
AED 3.29M
31 sales · the last 12 months
Mean AED 2.81M
Median per sq ft
AED 2,811
-2.8% on the year before
Mean AED 2,799
Against Business Bay
19 of 100
Community median AED 2,500 / sq ft
Activity, 90 days
No sales
below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

2,831
2,880
2,830
2,811
2023202420252026

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio459 sqft1,313,0001,257,6632,82952
1 B/R779 sqft2,301,0002,249,9012,90745
2 B/R1,359 sqft3,666,6003,813,4272,72335

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Canal Heights

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
6 Oct 20262 B/R1,3573,378,2002,489
21 Aug 20262 B/R1,3333,493,4402,621
14 Aug 20262 B/R1,3503,290,3402,437
13 Aug 2026Studio4671,314,0002,811
4 Aug 2026Studio4601,295,0002,817
6 Jul 2026Studio4541,276,0002,808
28 Apr 20262 B/R1,4094,032,9602,861
31 Mar 20261 B/R8182,527,0003,091
30 Mar 2026Studio4731,359,0002,873
30 Mar 20261 B/R7161,927,0002,690
16 Mar 20261 B/R8712,530,0002,906
12 Mar 20262 B/R1,5054,441,0002,950

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

341
54
46
23
2023202420252026

Of the 464 sales on record, 464 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Canal Heights is the 19th most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
16Binghatti Skyrise Tower C1222,855
17Damac Towers by Paramount Tower A2082,849
18Canal Heights 2272,842
19Canal Heights312,811
20Canal Crown 1152,785
21One B Tower242,768
22Downtown Residences3612,767

Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Canal Heights sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Business Bay.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Four57New to resale
2Regalia By Deyaar37New to resale
3Peninsula Three321.2×
4Peninsula Two225.9×
5Aykon City Tower C181.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Business Bay

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Skyparksnewest8320264,250
Avarra by Palacenewest15620263,490
UPSIDE Living55620232,895
Rove Home Marasi Drive79720242,891
Canal Crown 234920242,875
Canal Heights 249920232,862
Canal Crown 134220232,816
Downtown Residences39920252,763
Binghatti Aquarise - TOWER E2520252,750
The Crestmark19020242,716

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Questions about Canal Heights? Our team is a message away.

Sam McCone

Sam McCone

Buying off-plan