Project · Business Bay · Sale prices

Canal Heights 2 Apartments Prices 2026

The median sale price of an apartment in Canal Heights 2 was ⃃ 3,476,000 in the 12 months to 16 Oct 2026, based on 27 registered sales — 68.9% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 2,840 (−1.3% year on year). That is 181.5% 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: 27 salesUpdated: 17 Oct 2026
Median sale price
⃃ 3,476,000
+68.9% YoY
27 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,840
−1.3% YoY
27 sales · the 12 months to 16 Oct 2026
Registered sales
27
−72.2% YoY
worth ⃃ 85.6M · the 12 months to 16 Oct 2026

What are the key price figures for apartments in Canal Heights 2?

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⃃ 3,476,00012 months to 16 Oct 202627 sales; +68.9% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,84012 months to 16 Oct 202627 sales; −1.3% vs the same 12 months a year earlier
Number of sales2712 months to 16 Oct 2026−72.2% vs the same 12 months a year earlier
Total sales value⃃ 85,603,99012 months to 16 Oct 2026−66.4% vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.25M – ⃃ 5.76M12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range430 – 4,680 sq ftall units on record501 units
Capital appreciation+77.0%12 months to 16 Oct 2026change in property value over the period
Units on record501current27 sold in the 12 months to 16 Oct 2026 (5.4% of stock)
Active off-plan projects1current501 off-plan units
Developer (primary) median price⃃ 1,442,000all time474 developer sales; ⃃ 2,880 per sq ft
Launch date29/03/2023—project record
Completion / handover date31/03/2027—project record

How much does each bedroom size cost in Canal Heights 2?

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⃃ 1,306,000−7.0%⃃ 2,8504—
1-bedroom apartment⃃ 2,499,000+15.1%⃃ 2,7807—
2-bedroom apartment⃃ 3,748,000+4.7%⃃ 2,84015—
3-bedroom apartment⃃ 5,761,000−0.9%⃃ 2,6101—

How have apartment prices in Canal Heights 2 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 2 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
20233152,883
20241112,876
2025532,790
2026 YTD212,851
Registered sales and median price per sq ft by year, Canal Heights 2, 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)21part year⃃ 66.51M⃃ 3,476,160⃃ 2,851+2.2%
202553−52.3%⃃ 189.92M⃃ 2,819,600⃃ 2,790−3.0%
2024111−64.8%⃃ 195.8M⃃ 1,484,700⃃ 2,876−0.2%
2023315—⃃ 555.16M⃃ 1,393,000⃃ 2,883—

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

How does Canal Heights 2 compare with Business Bay and Dubai?

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

MetricCanal Heights 2Business BayDubai
Median sale price⃃ 3,476,000⃃ 2,000,000⃃ 1,235,000
Median price per sq ft⃃ 2,840⃃ 2,450⃃ 1,730
Price per sq ft YoY−1.3%+0.9%+1.7%
Sales276,304142,843
Gross rental yield—4.75%4.94%

What are the latest registered sales of apartments in Canal Heights 2?

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

DatePropertyTypeSizePricePer sq ftMarket
18/09/2026Canal Heights 21 bed · Apartment971 sq ft⃃ 2,683,120⃃ 2,763Primary · Off-plan
11/09/2026Canal Heights 2Studio Apartment477 sq ft⃃ 1,247,400⃃ 2,615Resale · Off-plan
20/08/2026Canal Heights 2Studio Apartment456 sq ft⃃ 1,304,000⃃ 2,860Resale · Off-plan
29/07/2026Canal Heights 22 beds · Apartment1,330 sq ft⃃ 3,627,100⃃ 2,727Primary · Off-plan
15/07/2026Canal Heights 21 bed · Apartment823 sq ft⃃ 2,291,000⃃ 2,784Resale · Off-plan
26/06/2026Canal Heights 2Studio Apartment458 sq ft⃃ 1,313,000⃃ 2,867Resale · Off-plan
03/06/2026Canal Heights 21 bed · Apartment809 sq ft⃃ 2,194,000⃃ 2,712Resale · Off-plan
16/04/2026Canal Heights 22 beds · Apartment1,326 sq ft⃃ 3,794,000⃃ 2,861Primary · Off-plan
13/04/2026Canal Heights 23 beds · Apartment2,207 sq ft⃃ 5,761,000⃃ 2,610Primary · Off-plan
13/04/2026Canal Heights 21 bed · Apartment965 sq ft⃃ 3,029,000⃃ 3,139Primary · 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-2/apartments
Canal Heights 2 Apartments Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/canal-heights-2/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 2 for apartments?
The median sale price of an apartment in Canal Heights 2 was ⃃ 3,476,000 in the 12 months to 16 Oct 2026, from 27 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 2 for apartments?
The median price per square foot of apartments in Canal Heights 2 was ⃃ 2,840 in the 12 months to 16 Oct 2026, −1.3% compared with the same 12 months a year earlier.
How many properties were sold in Canal Heights 2 in the last 12 months?
27 sales of apartments worth ⃃ 85,603,990 were registered in Canal Heights 2 in the 12 months to 16 Oct 2026 (−72.2% year on year).
Are property prices in Canal Heights 2 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of apartments in Canal Heights 2 changed −1.3%. In calendar year 2025 it was ⃃ 2,790 (−3.0% on 2024), and ⃃ 2,851 so far in 2026.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/canal-heights-2/apartments