Canal Heights 2

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by DAMAC
505
Total Units
475
Sold
AED 1,442,000
Median Price
AED 2,880
Median Price /sqft
Construction progress: 36%
Start: Mar, 2023Completion: Mar, 2027

Canal Heights 2 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio262430 sqft - 560 sqftAED 1.3M (2,850 /sqft)AED 2,500 /sqft
13.92
1 Bed171640 sqft - 1,080 sqftAED 2.5M (2,780 /sqft)AED 2,420 /sqft
14.96
2 Beds551,260 sqft - 4,090 sqftAED 3.7M (2,840 /sqft)AED 2,420 /sqft
17.55
3 Beds112,210 sqft - 3,340 sqftAED 5.8M (2,630 /sqft)AED 2,430 /sqft
8.02
4 Beds24,430 sqft - 4,680 sqftAED 2,560 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
2Apartment, 10111,802 sqft50.39 sqft Check Availability
2Apartment, 10911,321 sqft20.52 sqft Check Availability
2Apartment, 1414141,279 sqft21.2 sqft Check Availability
2Apartment, 20121,795 sqft50.34 sqft Check Availability
1Apartment, 2809281,077 sqft20.51 sqft Check Availability
1Apartment, 2909291,059 sqft20.26 sqft Check Availability
2Apartment, 30131,795 sqft50.36 sqft Check Availability
1Apartment, 3009301,043 sqft20.3 sqft Check Availability
2Apartment, 40141,795 sqft50.4 sqft Check Availability
3Apartment, 4103413,319 sqft81.98 sqft Check Availability
3Apartment, 4301433,135 sqft72.35 sqft Check Availability
3Apartment, 4303433,097 sqft70.65 sqft Check Availability
2Apartment, 50151,794 sqft50.31 sqft Check Availability
2Apartment, 60161,791 sqft50.02 sqft Check Availability
2Apartment, 70171,794 sqft50.39 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment1,009 sqft19.6 sqft 1AED 2,433,600AED 2,412 /sqft 23, Jun 2025
StudioApartment496 sqft11.01 sqft 1AED 1,378,000AED 2,830 /sqft 09, Jan 2024
StudioApartment472 sqft9.4 sqft 1AED 1,312,000AED 2,828 /sqft 25, Oct 2023
StudioApartment450 sqft8.28 sqft 1AED 1,305,000AED 2,900 /sqft 29, Nov 2023
StudioApartment458 sqft7.68 sqft 1AED 1,296,000AED 2,830 /sqft 22, Nov 2023
StudioApartment462 sqft8.57 sqft 1AED 1,276,000AED 2,829 /sqft 20, Nov 2023
StudioApartment430 sqft7.11 sqft 1AED 1,267,000AED 2,947 /sqft 24, Apr 2024
1Apartment738 sqft16.01 sqft 10AED 2,035,000AED 2,772 /sqft 23, Jan 2024
1Apartment739 sqft15.92 sqft 10AED 1,989,000AED 2,706 /sqft 15, Aug 2023
2Apartment1,290 sqft22.56 sqft 10AED 3,683,000AED 2,855 /sqft 13, May 2024
2Apartment1,311 sqft22.23 sqft 10AED 3,580,000AED 2,731 /sqft 20, May 2025
StudioApartment473 sqft8.98 sqft 10AED 1,372,000AED 2,932 /sqft 09, Feb 2024
StudioApartment479 sqft10.05 sqft 10AED 1,361,000AED 2,908 /sqft 21, Aug 2023
StudioApartment479 sqft10.21 sqft 10AED 1,361,000AED 2,908 /sqft 28, Aug 2023
StudioApartment473 sqft9.1 sqft 10AED 1,361,000AED 2,908 /sqft 28, Aug 2023

Canal Heights 2 Real Estate Data – FAQ

  • What is the current property supply in Canal Heights 2?

    Canal Heights 2 has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Canal Heights 2?

    Canal Heights 2 recorded 29 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Canal Heights 2?

    The median transaction price in Canal Heights 2 is AED 2,780 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Canal Heights 2?

    The gross rental yield in Canal Heights 2 is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Canal Heights 2?

    Property prices in Canal Heights 2 have shown a capital appreciation of 86% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Canal Heights 2?

    There are currently 1 active off-plan projects in Canal Heights 2, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Canal Heights 2?

    The total off-plan pipeline in Canal Heights 2 includes approximately 505 units, which will significantly impact future supply and pricing dynamics.

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  • Is Canal Heights 2 a good area for property investment?

    Canal Heights 2 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Canal Heights 2, this is %, indicating relatively strong income performance compared to global markets.

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