Project · Business Bay · Sale prices

Studio Apartment Prices in Canal Heights 1 2026

The median sale price of a studio apartment in Canal Heights 1 was ⃃ 1,294,000 in the 12 months to 16 Oct 2026, based on 10 registered sales — 3.8% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 2,810 (−3.5% year on year). That is 87.8% above the Dubai-wide median of ⃃ 689,000 for the same studio apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 10 salesUpdated: 17 Oct 2026
Median sale price
⃃ 1,294,000
−3.8% YoY
10 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,810
−3.5% YoY
10 sales · the 12 months to 16 Oct 2026
Registered sales
10
−58.3% YoY
worth ⃃ 12.83M · the 12 months to 16 Oct 2026

What are the key price figures for studio 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⃃ 1,294,00012 months to 16 Oct 202610 sales; −3.8% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,81012 months to 16 Oct 202610 sales; −3.5% vs the same 12 months a year earlier
Number of sales1012 months to 16 Oct 2026−58.3% vs the same 12 months a year earlier
Total sales value⃃ 12,827,00012 months to 16 Oct 2026−59.2% vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.1M – ⃃ 1.36M12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range430 – 480 sq ftall units on record204 units
Capital appreciation+8.0%12 months to 16 Oct 2026change in property value over the period
Units on record204current10 sold in the 12 months to 16 Oct 2026 (4.9% of stock)
Active off-plan projects1current204 off-plan units
Developer (primary) median price⃃ 1,323,000all time204 developer sales; ⃃ 2,880 per sq ft
Launch date16/03/2023—project record
Completion / handover date31/12/2026—project record

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

Calendar-year figures for all apartments in Canal Heights 1 (a bedroom-level yearly series is not published).

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⃃ 1,294,000⃃ 1,122,000⃃ 689,000
Median price per sq ft⃃ 2,810⃃ 2,500⃃ 1,750
Price per sq ft YoY−3.5%−3.4%+3.4%
Sales101,53043,486
Gross rental yield—5.79%5.81%

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

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

DatePropertyTypeSizePricePer sq ftMarket
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
27/03/2026Canal Heights 1Studio Apartment473 sq ft⃃ 1,359,000⃃ 2,873Resale · Off-plan
18/02/2026Canal Heights 1Studio Apartment451 sq ft⃃ 1,100,000⃃ 2,439Resale · Off-plan
16/02/2026Canal Heights 1Studio Apartment452 sq ft⃃ 1,274,000⃃ 2,819Resale · Off-plan
12/02/2026Canal Heights 1Studio Apartment456 sq ft⃃ 1,327,000⃃ 2,910Resale · Off-plan
12/02/2026Canal Heights 1Studio Apartment458 sq ft⃃ 1,278,000⃃ 2,790Resale · Off-plan

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Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

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 with studio layouts, 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/studio
Studio Apartment Prices in Canal Heights 1 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/canal-heights-1/apartments/studio

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 studio apartments?
The median sale price of a studio apartment in Canal Heights 1 was ⃃ 1,294,000 in the 12 months to 16 Oct 2026, from 10 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 studio apartments in Canal Heights 1 was ⃃ 2,810 in the 12 months to 16 Oct 2026, −3.5% compared with the same 12 months a year earlier.
How many properties were sold in Canal Heights 1 in the last 12 months?
10 sales of studio apartments worth ⃃ 12,827,000 were registered in Canal Heights 1 in the 12 months to 16 Oct 2026 (−58.3% 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 studio apartments in Canal Heights 1 changed −3.5%. 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/studio