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Published

Elegant Canal Front Studio | High ROI Below Op

Canal Heights 2, Business Bay, Dubai, UAE

Listed: 13 Jul 2026

Bedrooms

Studio

Bathrooms

1

Built-up Area

453 ft²

Type

Apartment

Asking price

AED 1,250,000

Property Details

ReferenceDD-000862
ContractSale
CategoryApartment
TypeResidential
StatusPublished
StateLive
BedroomsStudio
Bathrooms1
Built-up Area453 ft²
CompletionOff-Plan Secondary
Availability2029-08-31
Permit No.71529014236
Listed13 Jul 2026

Description

AX CAPITAL Real Estate is proud to present this Studio apartment in Canal Heights - Business Bay.

This brand-new studio apartment is located in RESTA DEVELOPMENTS newest luxury development in Business Bay. Thoughtfully designed with contemporary finishes and a spacious open-plan layout, this elegant residence offers comfort, style, and exceptional investment potential in one of Dubai’s most sought-after locations.
Large floor-to-ceiling windows fill the apartment with natural light while showcasing beautiful views of the Dubai Canal. The private balcony creates the perfect setting to relax and enjoy the vibrant skyline atmosphere.


Property Features:

Brand-new studio in a premium DAMAC development
Stylish interiors with luxury-quality finishes
Bright and spacious open-concept living and dining area
Floor-to-ceiling glass windows with canal views
Modern fitted kitchen with high-end cabinetry and appliances
Private balcony with relaxing outdoor space


Building & Community Amenities:

Infinity-edge swimming pool overlooking the canal
Fully equipped modern fitness center
Luxury spa, wellness facilities, and yoga studio
Children’s play area and family-friendly leisure spaces
24-hour security and concierge services
Retail outlets, cafés, and fine dining within the tower
Prime Business Bay address with quick access to Downtown Dubai, DIFC, and Sheikh Zayed Road

Perfect for professionals, investors, and those seeking a premium urban lifestyle in the heart of Dubai.
AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency and it is this passion and dedication that marks the foundation of AX CAPITAL and makes us different.

Explore Our Services:

- AX MANAGEMENT
- AX CORPORATE

Regulation

RERA Permit No.: 71529014236|Listed: 13 Jul 2026

Market Intelligence

How this home compares to recent transactions in Business Bay

Estimated market value

AED 1,040,102

Range AED 828,455 – AED 1,197,432

Confidence: HighListed 20.2% above the market estimate

Based on 1,392 comparable transactions

Median sale price/sqft

AED 2,297/sqft+12.1%

Median sale price

AED 1,000,000

Gross rental yield

5.2%

Est. annual rent

AED 64,566

Median price/sqft over time

Dec 23Range AED 1,952 – AED 2,486Dec 24

Recent comparable transactions

DateBuildingBedsAreaPriceAED/sqft
2024-10-31Ahad ResidencesClosest matchStudio455 sqftAED 1,250,0002,750
2024-10-31Ahad ResidencesStudio455 sqftAED 1,250,0002,750
2024-10-14Ahad ResidencesStudio455 sqftAED 1,280,0002,813
2024-10-14Ahad ResidencesStudio455 sqftAED 1,280,0002,813
2024-10-02Ahad ResidencesStudio456 sqftAED 1,285,0002,817
2024-10-02Ahad ResidencesStudio456 sqftAED 1,285,0002,817

Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-20.

Mortgage calculator

Estimate your monthly payment and the cash you need upfront.

Residency status
AED 250,000 · 20%
AED 250,000AED 1,000,000
AED 1,000,000 · 80%
AED 250,000AED 1,000,000
25 years
1 year25 years
3.75%
1%10%

Estimated monthly payment

AED 5,141

at 3.75% over 25 years

Down payment
AED 250,000
Loan amount
AED 1,000,000
Total interest
AED 542,394
Total cost
AED 1,792,394

Payment breakdown

Principal 65%Interest 35%

Estimates for guidance only. Your bank sets the actual rates, fees and eligibility. The down payment is capped at 80% of the purchase price.

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