Project · Business Bay · Sale prices

Canal Heights 1 Apartments Prices 2026

The median sale price of an apartment in Canal Heights 1 was ⃃ 3,290,000 in the 12 months to 16 Oct 2026, based on 31 registered sales — 46.5% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 2,810 (−2.7% year on year). That is 166.4% above the Dubai-wide median of ⃃ 1,235,000 for the same apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 31 salesUpdated: 17 Oct 2026
Median sale price
⃃ 3,290,000
+46.5% YoY
31 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,810
−2.7% YoY
31 sales · the 12 months to 16 Oct 2026
Registered sales
31
−56.9% YoY
worth ⃃ 87.21M · the 12 months to 16 Oct 2026

What are the key price figures for apartments in Canal Heights 1?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 3,290,00012 months to 16 Oct 202631 sales; +46.5% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,81012 months to 16 Oct 202631 sales; −2.7% vs the same 12 months a year earlier
Number of sales3112 months to 16 Oct 2026−56.9% vs the same 12 months a year earlier
Total sales value⃃ 87,213,67012 months to 16 Oct 2026−45.5% vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.1M – ⃃ 4.44M12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range430 – 4,380 sq ftall units on record411 units
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record411current31 sold in the 12 months to 16 Oct 2026 (7.5% of stock)
Active off-plan projects1current411 off-plan units
Developer (primary) median price⃃ 1,572,000all time408 developer sales; ⃃ 2,860 per sq ft
Launch date16/03/2023—project record
Completion / handover date31/12/2026—project record

How much does each bedroom size cost in Canal Heights 1?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
UnitMedian priceYoYPer sq ftSalesGross yield
Studio apartment⃃ 1,294,000−3.8%⃃ 2,81010—
1-bedroom apartment⃃ 2,481,000+7.8%⃃ 3,0105—
2-bedroom apartment⃃ 3,837,000+5.2%⃃ 2,76016—

How have apartment prices in Canal Heights 1 changed since 2023?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2023–2026 (to 16 Oct 2026)
Canal Heights 1 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
20233412,864
2024542,879
2025462,830
2026 YTD232,814
Registered sales and median price per sq ft by year, Canal Heights 1, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)23part year⃃ 61.05M⃃ 2,527,000⃃ 2,814−0.6%
202546−14.8%⃃ 119M⃃ 2,513,000⃃ 2,830−1.7%
202454−84.2%⃃ 106.82M⃃ 2,124,420⃃ 2,879+0.5%
2023341—⃃ 647.52M⃃ 1,384,000⃃ 2,864—

Transactions by year: 2026 · 2025 · 2024 · 2023 · all years

How does Canal Heights 1 compare with Business Bay and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricCanal Heights 1Business BayDubai
Median sale price⃃ 3,290,000⃃ 2,000,000⃃ 1,235,000
Median price per sq ft⃃ 2,810⃃ 2,450⃃ 1,730
Price per sq ft YoY−2.7%+0.9%+1.7%
Sales316,304142,843
Gross rental yield—4.75%4.94%

What are the latest registered sales of apartments in Canal Heights 1?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
05/10/2026Canal Heights 12 beds · Apartment1,357 sq ft⃃ 3,378,200⃃ 2,489Primary · Off-plan
21/08/2026Canal Heights 12 beds · Apartment1,333 sq ft⃃ 3,493,440⃃ 2,621Primary · Off-plan
14/08/2026Canal Heights 12 beds · Apartment1,350 sq ft⃃ 3,290,340⃃ 2,437Primary · Off-plan
12/08/2026Canal Heights 1Studio Apartment467 sq ft⃃ 1,314,000⃃ 2,814Resale · Off-plan
04/08/2026Canal Heights 1Studio Apartment460 sq ft⃃ 1,295,000⃃ 2,815Resale · Off-plan
06/07/2026Canal Heights 1Studio Apartment454 sq ft⃃ 1,276,000⃃ 2,811Resale · Off-plan
28/04/2026Canal Heights 12 beds · Apartment1,409 sq ft⃃ 4,032,960⃃ 2,862Primary · Off-plan
30/03/2026Canal Heights 11 bed · Apartment818 sq ft⃃ 2,527,000⃃ 3,089Resale · Off-plan
27/03/2026Canal Heights 1Studio Apartment473 sq ft⃃ 1,359,000⃃ 2,873Resale · Off-plan
27/03/2026Canal Heights 11 bed · Apartment716 sq ft⃃ 1,927,000⃃ 2,691Resale · Off-plan

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/canal-heights-1/apartments
Canal Heights 1 Apartments Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/canal-heights-1/apartments

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Canal Heights 1 for apartments?
The median sale price of an apartment in Canal Heights 1 was ⃃ 3,290,000 in the 12 months to 16 Oct 2026, from 31 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Canal Heights 1 for apartments?
The median price per square foot of apartments in Canal Heights 1 was ⃃ 2,810 in the 12 months to 16 Oct 2026, −2.7% compared with the same 12 months a year earlier.
How many properties were sold in Canal Heights 1 in the last 12 months?
31 sales of apartments worth ⃃ 87,213,670 were registered in Canal Heights 1 in the 12 months to 16 Oct 2026 (−56.9% year on year).
Are property prices in Canal Heights 1 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of apartments in Canal Heights 1 changed −2.7%. In calendar year 2025 it was ⃃ 2,830 (−1.7% on 2024), and ⃃ 2,814 so far in 2026.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/canal-heights-1/apartments