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
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
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
Based on 1,392 comparable transactions
Median sale price/sqft
Median sale price
Gross rental yield
Est. annual rent
Median price/sqft over time
Recent comparable transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-10-31 | Ahad ResidencesClosest match | Studio | 455 sqft | AED 1,250,000 | 2,750 |
| 2024-10-31 | Ahad Residences | Studio | 455 sqft | AED 1,250,000 | 2,750 |
| 2024-10-14 | Ahad Residences | Studio | 455 sqft | AED 1,280,000 | 2,813 |
| 2024-10-14 | Ahad Residences | Studio | 455 sqft | AED 1,280,000 | 2,813 |
| 2024-10-02 | Ahad Residences | Studio | 456 sqft | AED 1,285,000 | 2,817 |
| 2024-10-02 | Ahad Residences | Studio | 456 sqft | AED 1,285,000 | 2,817 |
Completed transactions in Canal Heights 2
Median sale price/sqft
Median sale price
Median price/sqft over time
Transaction activity
108 sales and 0 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-20 | Canal Heights 2 | 1 | 733 sqft | AED 2,139,340 | 2,919 |
| 2024-12-20 | Canal Heights 2 | 1 | 733 sqft | AED 2,139,340 | 2,919 |
| 2024-12-16 | Canal Heights 2 | 1 | 893 sqft | AED 2,474,000 | 2,770 |
| 2024-12-16 | Canal Heights 2 | 1 | 893 sqft | AED 2,474,000 | 2,770 |
| 2024-12-05 | Canal Heights 2 | Studio | 509 sqft | AED 1,629,000 | 3,201 |
| 2024-11-25 | Canal Heights 2 | Studio | 470 sqft | AED 1,330,000 | 2,827 |
Completed transactions in Business Bay
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Community activity
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
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.
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
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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