Project · Transactions · 2023

Canal Heights 1 Property Transactions 2023

342 property sales worth ⃃ 813.16M were registered in Canal Heights 1 in 2023, with no comparable figure for 2022 by number of sales. The median sale price was ⃃ 1,384,000 and the median price per square foot ⃃ 2,864.

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 342 salesUpdated: 17 Oct 2026
Property sales
342
1 Jan – 31 Dec 2023
Total value
⃃ 813.16M
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,384,000
342 sales
Median price per sq ft
⃃ 2,864
342 sales

What types of property sold in Canal Heights 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments34199.7%⃃ 647.52M⃃ 1,384,000⃃ 2,864

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)34099.4%⃃ 810.84M⃃ 1,385,500⃃ 2,864
Resale (secondary)20.6%⃃ 2.32M⃃ 1,160,500⃃ 2,598
Off-plan34199.7%⃃ 647.52M⃃ 1,384,000⃃ 2,864
Ready10.3%⃃ 165.64M⃃ 165,640,000⃃ 3,389

What were the most expensive property sales in Canal Heights 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/02/2023Canal Heights 1Plot48,879 sq ft⃃ 165,640,000Primary · Ready
17/10/2023Canal Heights 13 beds · Apartment3,090 sq ft⃃ 12,600,000Primary · Off-plan
21/08/2023Canal Heights 12 beds · Apartment1,572 sq ft⃃ 4,441,000Primary · Off-plan
15/08/2023Canal Heights 12 beds · Apartment1,573 sq ft⃃ 4,441,000Primary · Off-plan
15/08/2023Canal Heights 12 beds · Apartment1,550 sq ft⃃ 4,391,000Primary · Off-plan
21/08/2023Canal Heights 12 beds · Apartment1,549 sq ft⃃ 4,391,000Primary · Off-plan
21/08/2023Canal Heights 12 beds · Apartment1,525 sq ft⃃ 4,350,000Primary · Off-plan
14/08/2023Canal Heights 12 beds · Apartment1,525 sq ft⃃ 4,350,000Primary · Off-plan
15/08/2023Canal Heights 12 beds · Apartment1,522 sq ft⃃ 4,281,620Primary · Off-plan
15/08/2023Canal Heights 12 beds · Apartment1,522 sq ft⃃ 4,281,620Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
08/12/2023Canal Heights 1Studio · Apartment463 sq ft⃃ 1,000,000Resale · Off-plan
14/11/2023Canal Heights 1Studio · Apartment452 sq ft⃃ 1,372,000Primary · Off-plan
08/11/2023Canal Heights 1Studio · Apartment472 sq ft⃃ 1,372,000Primary · Off-plan
07/11/2023Canal Heights 1Studio · Apartment435 sq ft⃃ 1,321,000Resale · Off-plan
03/11/2023Canal Heights 11 bed · Apartment716 sq ft⃃ 1,927,000Primary · Off-plan
02/11/2023Canal Heights 1Studio · Apartment460 sq ft⃃ 1,279,000Primary · Off-plan
02/11/2023Canal Heights 1Studio · Apartment450 sq ft⃃ 1,373,000Primary · Off-plan
25/10/2023Canal Heights 1Studio · Apartment452 sq ft⃃ 1,352,000Primary · Off-plan
25/10/2023Canal Heights 11 bed · Apartment864 sq ft⃃ 2,256,000Primary · Off-plan
17/10/2023Canal Heights 13 beds · Apartment3,090 sq ft⃃ 12,600,000Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

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-transactions/canal-heights-1/2023
Canal Heights 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/canal-heights-1/2023

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

Frequently asked questions

How many properties were sold in Canal Heights 1 in 2023?
342 property sales worth ⃃ 813,162,020 were registered in Canal Heights 1 in 2023. That is with no comparable figure for 2022.
What was the median property price in Canal Heights 1 in 2023?
The median sale price was ⃃ 1,384,000 and the median price per square foot ⃃ 2,864 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Canal Heights 1 were off-plan or from developers?
Developer (primary) sales were 99.4% of the 342 sales and resales 0.6%. Off-plan units made up 99.7% and ready units 0.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/canal-heights-1/2023