36%complete
Planned handover2026-12-31
SourceDLD · daily
The road to keys — registry facts, our forecast
Registered start
2023-05-25
in the DLD registry
Today
36.3%
last inspected 2026-08-12
At the current pace
…
…
Planned handover
2026-12-31
developer's official date
Investor snapshot — estimated yield
3.9%estimated gross rental yield
2,814/sqft median sale price (this project)
110/sqft/yr median rent in Business Bay
Estimate: area-wide median rent ÷ this project’s median sale price, from Dubai Land Department records. Actual rent varies by unit, floor and finish.
How CANAL HEIGHTS compares
Similar off-plan projects in Business Bay — compare progress, handover and developer.
Binghatti SkyriseBinghatti Developers FZE · Business BayActive100%Handover 2026-12Al Habtoor TowerAL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · Business BayActive90%Handover 2026-12Urban LifeURBAN PROPERTIES DEVELOPMENT L.L.C · Business BayActive71%Handover 2026-06Royal Regency SuitesALSEEB REAL ESTATE DEVELOPMENT L.L.C · Business BayActive68%Handover 2026-12
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Talk to a verified agent about CANAL HEIGHTS
Considering buying in CANAL HEIGHTS? Register your interest and we’ll connect you with a RERA-licensed Dubai agent who can walk you through availability, payment plans and resale value — alongside the honest, registry-backed data you see on this page. No obligation.
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Watch it rise — one frame per DLD inspection
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2023-03-01 · 0.0% complete
1 / 8
Building & unit mix — from DLD project records
50
Floors
415
Total units
1
Building
| Usage | Unit type | Units |
|---|---|---|
| Commercial | Unspecified | 4 |
| Residential | Studio | 204 |
| Residential | 1 B/R | 142 |
| Residential | 2 B/R | 62 |
| Residential | 3 B/R | 2 |
| Residential | 4 B/R | 1 |
Source: DLD project register — floors, buildings and the developer's registered unit mix.
Real sale prices — 22 registered DLD sales since 2026-01-12
AED 2,814/sqft
Median sale price
22
Registered sales
22
Sales, last 12 months
| Unit type | Sales | Median AED/sqft | Median price |
|---|---|---|---|
| 2 B/R | 9 | 2,765 | AED 3.9M |
| Studio | 8 | 2,814 | AED 1.3M |
| 1 B/R | 5 | 3,006 | AED 2.5M |
Source: DLD registered sale transactions for this project.
Prices by unit size — vs the Business Bay average
| Beds | Units sold | Size range | Median price | AED/sqft | Area avg | Premium vs area |
|---|---|---|---|---|---|---|
| Studio | 8 | 451–473 sqft | AED 1.3M | 2,814 | 2,410 | +17% |
| 1 B/R | 5 | 716–871 sqft | AED 2.5M | 3,006 | 2,400 | +25% |
| 2 B/R | 9 | 1,333–1,597 sqft | AED 3.9M | 2,765 | 2,358 | +17% |
Median AED/sqft of DLD-registered sales in this project vs all sales in Business Bay for the same unit type. “Premium vs area” is how much more (or less) buyers pay here than the neighbourhood average.
Sale price history — 462 sales, median AED/sqft by year
+0% median price growth from 2023 to 2026 · 100% of sales were off-plan
2,8312,831 AED/sqft2023 · 342 sales
2,8802,880 AED/sqft2024 · 54 sales
2,8302,830 AED/sqft2025 · 46 sales
2,8192,819 AED/sqft2026 · 20 sales
2023202420252026| Year | Median AED/sqft | Sales | Year-on-year | Since launch |
|---|---|---|---|---|
| 2023launch | 2,831 | 342 | — | — |
| 2024 | 2,880 | 54 | +2% | +2% |
| 2025 | 2,830 | 46 | -2% | +0% |
| 2026 | 2,819 | 20 | +0% | +0% |
Median AED/sqft of DLD-registered sales each year (years with 3+ sales); the earliest year on record approximates launch pricing. “Year-on-year” compares each year to the one before it, “since launch” to the first year. Source: Dubai Land Department transaction records.
Available layouts — check current availability & price
Layouts registered in CANAL HEIGHTS, grouped by size. We’ll confirm current availability, floor and price with a RERA-licensed agent — we don’t hold live developer inventory, so these are representative configurations, not a live unit list.
| Beds | Size | Typical price | AED/sqft | Registered | |
|---|---|---|---|---|---|
| Studio | 455 sqft | AED 1.3M | 2,813 | 6 | |
| Studio | 470 sqft | AED 1.3M | 2,842 | 2 | |
| 1 B/R | 716 sqft | AED 1.9M | 2,690 | 1 | |
| 1 B/R | 825 sqft | AED 2.5M | 3,007 | 3 | |
| 1 B/R | 871 sqft | AED 2.5M | 2,906 | 1 | |
| 2 B/R | 1,333 sqft | AED 3.5M | 2,621 | 1 | |
| 2 B/R | 1,350 sqft | AED 3.3M | 2,437 | 1 | |
| 2 B/R | 1,381 sqft | AED 3.8M | 2,764 | 3 | |
| 2 B/R | 1,409 sqft | AED 4.0M | 2,861 | 1 | |
| 2 B/R | 1,505 sqft | AED 4.4M | 2,950 | 2 | |
| 2 B/R | 1,597 sqft | AED 4.4M | 2,765 | 1 |
Recent registered sales — individual DLD transactions, newest first
| Date | Beds | Size | Price | AED/sqft | Type |
|---|---|---|---|---|---|
| 2026-08-21 | 2 B/R | 1,333 sqft | AED 3.5M | 2,621 | Off-plan |
| 2026-08-14 | 2 B/R | 1,350 sqft | AED 3.3M | 2,437 | Off-plan |
| 2026-08-12 | Studio | 467 sqft | AED 1.3M | 2,811 | Off-plan |
| 2026-08-04 | Studio | 460 sqft | AED 1.3M | 2,817 | Off-plan |
| 2026-07-06 | Studio | 454 sqft | AED 1.3M | 2,808 | Off-plan |
| 2026-04-28 | 2 B/R | 1,409 sqft | AED 4.0M | 2,861 | Off-plan |
| 2026-03-30 | 1 B/R | 818 sqft | AED 2.5M | 3,091 | Off-plan |
| 2026-03-27 | Studio | 473 sqft | AED 1.4M | 2,873 | Off-plan |
| 2026-03-27 | 1 B/R | 716 sqft | AED 1.9M | 2,690 | Off-plan |
| 2026-03-13 | 1 B/R | 871 sqft | AED 2.5M | 2,906 | Off-plan |
| 2026-03-12 | 2 B/R | 1,505 sqft | AED 4.4M | 2,950 | Off-plan |
| 2026-03-03 | 2 B/R | 1,505 sqft | AED 4.4M | 2,950 | Off-plan |
| 2026-02-25 | 2 B/R | 1,381 sqft | AED 3.8M | 2,764 | Off-plan |
| 2026-02-19 | 1 B/R | 825 sqft | AED 2.5M | 3,006 | Off-plan |
| 2026-02-18 | 1 B/R | 825 sqft | AED 2.5M | 3,007 | Off-plan |
| 2026-02-18 | Studio | 451 sqft | AED 1.1M | 2,438 | Off-plan |
| 2026-02-16 | Studio | 452 sqft | AED 1.3M | 2,821 | Off-plan |
| 2026-02-12 | Studio | 456 sqft | AED 1.3M | 2,908 | Off-plan |
| 2026-02-12 | Studio | 458 sqft | AED 1.3M | 2,788 | Off-plan |
| 2026-02-02 | 2 B/R | 1,381 sqft | AED 3.9M | 2,792 | Off-plan |
| 2026-01-21 | 2 B/R | 1,597 sqft | AED 4.4M | 2,765 | Off-plan |
| 2026-01-12 | 2 B/R | 1,367 sqft | AED 3.7M | 2,717 | Off-plan |
Source: DLD registered sale transactions. Floor and unit numbers aren’t published in the public transaction feed, so they’re not shown.
Construction photos — official DLD inspection uploads, newest first
2026-08-1736.3% at inspection· 10 photos
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2026-04-2231.2% at inspection· 10 photos
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2025-12-2723.6% at inspection· 6 photos
2025-08-1918.1% at inspection· 7 photos
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2025-04-1112.8% at inspection· 4 photos
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2024-07-058.5% at inspection· 2 photos
Project facts
Developer
VESTA REAL ESTATE DEVELOPMENT L.L.C
Area
Business Bay
Master project
—
Project type
Normal
Start date
2023-05-25
Planned handover
2026-12-31
Last inspection
2026-08-12
Project value
AED 297.4M
Units
426
Villas
0
Buildings
0
DLD project number
2602
Registration & escrow — verify before you pay anyone
DLD / RERA project no.
2602
Registered with DLD
2023-03-16
Regulator
Dubai Development Authority (DDA)
Escrow account no.
0205837430102
Under Law 8 of 2007, off-plan payments for this project belong only in the escrow account above — a developer or agent directing your money anywhere else is a serious red flag. How escrow protects you →
Location — official site coordinates from DLD inspection records
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Business Bay · See every project on the construction map →
CANAL HEIGHTS: frequently asked questions — answers update daily from registry data
When will CANAL HEIGHTS be handed over?
The developer's planned handover for CANAL HEIGHTS is 2026-12-31; construction is currently 36% complete. At the observed construction pace, our independent forecast is 2028-04-28.
How far along is construction on CANAL HEIGHTS?
CANAL HEIGHTS is 36.3% complete according to the Dubai Land Department's inspection of 2026-08-12.
Is CANAL HEIGHTS delayed?
As of today, CANAL HEIGHTS has not passed its planned handover date of 2026-12-31. We compare the official date against the calendar daily and record every change on this page.
Who is the developer of CANAL HEIGHTS, and do they deliver on time?
CANAL HEIGHTS is developed by VESTA REAL ESTATE DEVELOPMENT L.L.C. On our Developer Reliability Index they score 89/100 (A — On schedule), based on how much of their active portfolio is past its planned handover in the official registry.
What are real sale prices in CANAL HEIGHTS?
Registered DLD sales in CANAL HEIGHTS show a median of AED 2,814/sqft across 22 transactions since 2026-01-12. These are actual registered sales, not asking prices — the full breakdown is on this page.
Where is CANAL HEIGHTS located?
CANAL HEIGHTS is located in Business Bay, Dubai. See every project in the area, plus prices and rents, on the area page.
How many homes are in CANAL HEIGHTS?
CANAL HEIGHTS comprises 426 units (normal), per the DLD registry.
Can I see real construction photos of CANAL HEIGHTS?
Yes — this page carries 47 official construction photos taken during Dubai Land Department inspections, newest from 2026-08-17, plus a time-lapse of the build. These are government inspection uploads, not marketing renders.
Is my money safe if I buy in CANAL HEIGHTS?
Payments for registered Dubai off-plan projects go into a project-specific escrow account under Law No. 8 of 2007; the developer can only draw funds against certified construction milestones.
Where should payments for CANAL HEIGHTS go?
Only into the project's DLD-registered escrow account (no. 0205837430102). Under Law 8 of 2007 every off-plan payment must go to this account, where the developer can only draw funds as construction milestones are certified. Anyone directing payments elsewhere is a serious warning sign.
How do I get alerts when something changes on CANAL HEIGHTS?
Use the free Track this project form on this page. We check the official registry every day and email you the moment CANAL HEIGHTS's progress, status, or planned handover date changes.
Progress history — one row per official DLD snapshot
| Snapshot date | Status | Complete | Planned handover |
|---|---|---|---|
| 2026-08-04 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-05 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-06 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-08 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-09 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-10 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-11 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-12 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-13 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-14 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-15 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-16 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-17 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-18 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-19 | ACTIVE | 31.2% | 2026-12-31 |
| 2026-08-20 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-21 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-22 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-23 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-24 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-25 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-26 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-27 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-28 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-29 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-30 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-08-31 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-01 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-02 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-03 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-04 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-05 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-06 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-07 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-08 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-09 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-10 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-11 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-12 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-13 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-14 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-15 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-16 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-17 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-18 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-19 | ACTIVE | 36.3% | 2026-12-31 |
| 2026-09-20 | ACTIVE | 36.3% | 2026-12-31 |
Change events
| Detected | Event | Change |
|---|---|---|
| 2026-08-20 | PROGRESS | 31.22 → 36.30 |
Don't check back — we'll tell you.Progress moves, dates slip, statuses change. One email the moment it happens.
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