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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
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DLD project no. 2615Under construction505 units

Canal Heights 2 قنال هايتس 2 Business Bay by Resta Real Estate Development L.L.CAll phases of Business Bay 36.4% built (DLD register as of 1 November 2026) DLD end date Mar 2027 4 months to go DLD register as of 1 November 2026. The end date is the one registered with DLD, not a handover forecast.

Business Bay towers along the Dubai Water Canal from above
Area photo: Business Bay, not this project
% built
36.4%
DLD register, 1 November 2026
Period elapsed
89%
Jun 2023 → Mar 2027
Latest sales
2,850 AED/sqft
28 sales
1 BR estimate
2.29–2.45 M AED
Automated estimate, not a valuation
Developer
1 project
0 completed · 0 units delivered

CompletionDLD readings of % built, beside the share of the planned period gone

% built and period elapsed

1 November 2026
Built
36.4%Elapsed
89%

Two separate measures: one is DLD's % built, the other is time on the calendar.

Latest DLD register reading: 36.4% built on 1 November 2026 (register readings: 3). Latest DLD inspection: 36.4% built on 14 August 2026 (inspections: 9).
Every DLD inspection and every change in the register %, newest first
Date % built Source
14 August 2026 36.4% DLD inspection
22 April 2026 28.1% DLD inspection
27 December 2025 22.6% DLD inspection
20 August 2025 18.1% DLD inspection
11 April 2025 13.4% DLD inspection
20 November 2024 8.5% DLD inspection
5 July 2024 3.2% DLD inspection
12 May 2024 0% DLD register, archived export
21 September 2023 0.1% DLD inspection
16 March 2023 0% DLD inspection

Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗ Period elapsed: our calculation from DLD’s start and end dates.

Our completion calculation

Pace since the last two DLD readings: —

Our calculation from DLD readings. It describes the recent pace only; it is not a forecast of the completion date.

Site timeline

± 6 months
Works startedJan 2023 ± 6 months
Structure risingSep 2025 ± 6 months
Topped outNot seen yet
FinishedNot seen yet

Each date is ± 6 months. This is our reading, not DLD's; no image is shown. Read from imagery dated 27 March 2021 to 25 May 2026; method imagery-v1.

Changes in the DLD register

1 Nov 2026Construction completed: 36.4% → 36.4%.

Source: DLD projects register exports, compared by CraneScore. Dates and progress are those in the Dubai Land Department projects register on each register date, not inspection dates. DLD can revise the end date; we keep every register reading from 28 October 2026 on and list the changes here.

Inspection photos and reports

DLD’s Project Status service (Mashrooi) shows inspection details and site photos. Look the project up by its number.

CraneScore links to DLD and does not copy or host its photos or reports.

DLD registration

DLD services ↗
DLD project number
2615
Escrow agent
Emirates Nbd Bank (P.J.S.C)
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
DLD area
Business Bay
Units · villas
505 · 0
Start → DLD end
Jun 2023 → Mar 2027
Registered unitsStudio 262 · 1 bed 171 · 2 bed 55 · 3 bed 11 · 4 bed 2; sizes 466–873 sqft

Also registered: shops and showrooms 4.

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

Description in the DLD register: 4B+G+3P+43F+2MECH+R Residential+Commercal.The project designed to have a concrete structure and block with internal and external finishes.

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft
Launch price
2,870 AED/sqft
Median of 287 off-plan sales in the 90 days from the first one (Aug 2023)
Latest registered sales
2,850 AED/sqft
Median of 28 home sales in the last 12 months, ready and off-plan
Change
-0.2%
Same home types on both sides, weighted by the later sales

Dubai Statistics Center residential price index (flats), 2023-Q3 to 2026-Q2: +14.6%.

Prices are over apartments, the type most sales in this project are.

Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest off-plan sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
Studio 21 2,850 (5) Nov 2025 – Nov 2026
1 BR 28 2,784 (6) Nov 2025 – Nov 2026
2 BR 27 2,841 (16) Nov 2025 – Nov 2026
3 BR 5 — —

Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.

Median AED/sqft by quarter

2023-Q3 → 2026-Q4

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Business Bay, median AED/sqft of off-plan sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

Rents in DLD area Business Bay

New Ejari rent contracts for apartments across DLD area Business Bay, 12 months to 5 November 2026, against the 12 months before: the rent level around this project. No yield is shown before the project is completed.

Bedrooms Median annual rent New contracts Change on a year earlier
Studio AED 65,000 3,188 -7.1%
1 BR AED 90,000 5,050 -5.3%
2 BR AED 135,000 2,535 -3.6%
3 BR AED 185,000 607 -7.5%
4 BR AED 300,000 62 -3.2%

New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.

Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.

Service charges

What owners pay a year in completed buildings of the project’s master community, from their owners’ association budgets. A building’s own charge is set by its own budget.

Apartment buildings’ budgets; villa and townhouse budgets are left out.
19.98 AED/sqft a year
Business Bay: median of 71 developments’ owners’ association budgets, 2026

Median AED per sq ft a year of residential owners’ association budgets, each development counted once, in the newest budget year with at least 10 developments. Plots, shared areas and hotel rooms are left out. A budget is not any one owner’s bill.

Source: Dubai Land Department, owners’ association budgets (service charges).

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 28 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
2 November 2026off-planApartment · Studio 492 1,402,000 2,850
20 October 2026off-planApartment · 2 BR 771 3,334,000 4,324
18 September 2026off-planApartment · 1 BR 971 2,683,120 2,763
11 September 2026off-planApartment · Studio 477 1,247,400 2,615
20 August 2026off-planApartment · Studio 456 1,304,000 2,860
29 July 2026off-planApartment · 2 BR 1,330 3,627,100 2,727
16 July 2026off-planApartment · 1 BR 823 2,291,000 2,784
29 June 2026off-planApartment · Studio 458 1,313,000 2,867
3 June 2026off-planApartment · 1 BR 809 2,194,000 2,712
16 April 2026off-planApartment · 2 BR 1,326 3,794,000 2,861

Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

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Bedrooms

Estimated value range

Estimated value range
Bedrooms Range, AED Based on Compared at
Studio 1,250,000 – 1,300,000 15 sales, 12 months This project
1 BR 2,290,000 – 2,450,000 11 sales, 12 months This project
2 BR 3,520,000 – 3,880,000 30 sales, 12 months This project
Automated estimate, not a valuation

Estimate as of 5 November 2026 Track this unit

Automated estimate from registered off-plan sales (developer sales and resales mixed); not a valuation by a registered valuer; not for mortgage or court use.

Resale asking prices against the original price

Median asking premium in this project: 0% (middle half -8.9% to 0%, 5 offers).

Across all Dubai off-plan resale offers we track: -3.9% (1,105 offers).

Portal asking median for off-plan units here: 2,868 AED/sqft (64 asks, last 30 days), against 2,784 AED/sqft in the latest registered sales.

Median asking premium by share of the price already paid (number of offers); shown from 5 offers
Paid to the developer This project All Dubai
0–30% paid—0% (9)
30–50% paid—-5% (51)
50–70% paid—-1.5% (65)
70% paid or more—-3.5% (45)

Asking prices of off-plan resale offers we track, compared with each offer's original price, with the 4% DLD fee removed on both sides. A negative value means asking below the original price. Only aggregates of at least 5 offers are shown; no individual offer, seller or agent is.

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Payment scenarioEnter the developer’s plan to see what you pay and when. Handover starts at the DLD end date (Mar 2027); move it with the slider.

A scenario from your own inputs, not this project's verified payment plan.

Common plans

Plan shares add up to 100% (must be 100%).

Handover
Mar 2027
Paid by handover
AED 1,045,000
Fees included
Price paid at handover
100%
Total cost
AED 1,045,000
Fees: AED 45,000

Payments per quarter

AED

Payments per quarter, AED, fees included. Illustration from your inputs.

The DLD fee (4% of the price) and the fees above are paid at booking. With a resale price, the unit is sold at handover and the buyer takes over any unpaid balance; agent fees, mortgage costs and service charges are left out. An illustration from your inputs, not financial advice.

Mortgage for a unit here

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LocationBusiness Bay · Dubai Municipality community

Park · 210 mQ Mini Mart · 280 mBayside Park 3 · 290 mBayside Park 3 · 310 mSupermarket · 320 mSpinneys · 410 mSouk Al Bahar · 1.3 kmBeach · 1.4 kmBIOS CLINIC · 1.4 kmBeach · 1.5 kmThe Dubai Mall · 1.5 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationBusiness Bay Metro Station · Red Metro line · 2.1 km
MallSouk Al Bahar · 1.3 km
SupermarketQ Mini Mart · 280 m
HospitalBIOS CLINIC · 1.4 km
SchoolDubai International School · 2.3 km
ParkPark · 210 m
BeachBeach · 1.4 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors · RTA

New homes within 1.5 km

Open projects within 1.5 km of the pin: 46, with 15,939 units and villas.

2023: 1452025: 1052026: 8,3532027: 3,9672028: 6892029: 4142030: 4762031: 484No end date: 1,306

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Business Bay: 52

Open projects in the same DLD area with a DLD end year from 2026 to 2028, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Binghatti Skyrise 35.9% Dec 2026 3,040 3,281
Binghatti Aquarise 21% Oct 2026 2,621 1,348
Al Habtoor Tower 90% Dec 2026 2,771 779
Binghatti Skyhall 31.1% Aug 2026 2,430 648
One by Binghatti 50.2% May 2026 2,921 574
Onda By Kasco 61.1% Aug 2027 1,820 299
Rove Home Marasi Drive 10% Aug 2027 3,299 283
One.B Tower 10.1% Dec 2028 2,725 180
One River Point 35.4% Jun 2027 2,643 175
Aykon City 3 31.4% Dec 2027 2,482 168
Royal Regency Suites 56.2% Dec 2026 2,156 130
Urban Life 80% Jun 2026 — 115

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Business Bay

Developer in DLD data Resta Real Estate Development L.L.C · DLD developer no. 1555

Projects registered
1
0 completed · 1 under construction · 0 not started
Units delivered
0
505 in the pipeline
Past the DLD end date
0
of 1 under construction with a DLD end date

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Other projects in Business Bay

DLD lists 150 projects in the master project Business Bay.

Burj PacificUnder construction · 98.8% · Jan 2023
West Bay TowerUnder construction · 82.5% · Feb 2024
Luxury Family Residence IIIUnder construction · 50.6% · Jun 2025
Chic TowerUnder construction · 84% · Jul 2025
Bugatti Residences by BinghattiUnder construction · 65.6% · Dec 2025
The QuaysideUnder construction · 54.6% · Mar 2026
Eywa DubaiUnder construction · 65.7% · Apr 2026
One by BinghattiUnder construction · 50.2% · May 2026
Urban LifeUnder construction · 80% · Jun 2026
Burj Binghatti Jacob & Co. ResidencesUnder construction · 52.1% · Jun 2026
Binghatti SkyhallUnder construction · 31.1% · Aug 2026
Binghatti AquariseUnder construction · 21% · Oct 2026

Questions about Canal Heights 2

When is Canal Heights 2's handover?

DLD lists an end date of Mar 2027 (register of 1 November 2026); the SPA sets the handover terms.

Is Canal Heights 2 past its DLD end date?

No. Its DLD end date is Mar 2027, 4 months after the register of 1 November 2026.

How far along is Canal Heights 2?

36.4% built in the DLD register of 1 November 2026.

Who is the developer of Canal Heights 2?

Resta Real Estate Development L.L.C, as registered with DLD.

What is the DLD project number of Canal Heights 2?

2615.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error