Market bulletin · Thu, 22 Oct 2026
Canal Heights 1: 0 sales worth AED 0 in 30 days
Canal Heights 1 recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: developer off-plan sales 47.8%, off-plan resales 52.2%. Off-plan resales traded at a median 4.7% premium to developer prices per sqft.
In Business Bay, Canal Heights 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties. Its first registered sale was on 8 August 2023.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 2,807 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 2,929 |
| Sept 25 | AED 2,815 |
| Aug 25 | AED 2,674 |
| Jul 25 | AED 2,611 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 2,923 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 2 | 1 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 2 | 2 | 0 |
| Feb 26 | 2 | 4 | 0 |
| Jan 26 | 2 | 0 | 0 |
| Dec 25 | 2 | 2 | 0 |
| Nov 25 | 0 | 2 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 3 | — | AED 8.10M | — | — |
| Last 6 months | 3 | down 84.2% | AED 8.10M | — | — |
| Last 12 months | 23 | down 69.3% | AED 71.0M | 2,811 | down 2.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 11 | 48% | AED 3.71M | 2,760 | down 4.6% |
| Off-plan resale | 12 | 52% | AED 2.48M | 2,891 | up 0.8% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 5 | 22% | AED 1.29M | 2,811 | down 3.4% |
| 1 bedroom | 4 | 17% | — | — | — |
| 2 bedrooms | 14 | 61% | AED 3.84M | 2,764 | up 1.8% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 5 | 22% | AED 1.29M | 2,811 | down 2.5% |
| AED 2M–10M | 18 | 78% | AED 3.69M | 2,828 | down 1.9% |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.49M | 2 BR Apartment · 1,333 sqftCanal Heights 1 · Business Bay | 21 Aug |
| AED 3.29M | 2 BR Apartment · 1,350 sqftCanal Heights 1 · Business Bay | 14 Aug |
| AED 1.31M | Studio Apartment · 467 sqftCanal Heights 1 · Business Bay | 12 Aug |
Questions about Canal Heights 1
How many properties were sold in Canal Heights 1 in the last year?
23 sales worth AED 71.0M were registered in the last 12 months: 48% developer off-plan, 52% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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