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DAMAC Properties
Canal Heights by DAMAC, Business Bay
Business Bay, Dubai
de GRISOGONO-inspired DAMAC towers on the Dubai Canal in Business Bay, with studios from AED 1.2M and 40% on completion.
- Price from
- AED 1.20M
- Payment plan
- 60/40
- Handover
- Q2 2027
- Unit mix
- Studio to 4 BR Apartments
- Type
- Apartments
Overview
About this project
Canal Heights is a DAMAC development on the Dubai Canal in Business Bay, inspired by de GRISOGONO jewellery and the image of the blue pearl. Canal Heights 2 adds a 44-floor second tower.
It offers studios to 4-bedroom homes with an infinity pool, floating sun deck, bar and beauty salon.
Studios start from about AED 1.2M (around 474 sq ft), 1-bedroom from AED 2.67M and 2-bedroom from AED 3.43M. The plan is 60% during construction and 40% on completion.
- From
- AED 1.20M
- Payment
- 60/40
- Handover
- Q2 2027

Highlights
What stands out
The points buyers usually ask about first.
02
de GRISOGONO-inspired design
03
Studios from AED 1.2M
04
Infinity pool and floating deck
05
40% on completion
06
Handover from Q2 2027
Amenities
What the building offers
Shared spaces saved on this project.
- Infinity pool
- Floating sun deck
- Bar
- Beauty salon
- Cafés
- Leisure areas

Layouts
Unit types
This project offers one bedroom configuration. Size and price below are the starting figures for that layout.
Available layout
4 Bedroom
Apartments
- Size from
- 474 ft²
- Price from
- AED 1.20M
- Price per ft²
- AED 3K
Payment plan
60/40
Each stage is a share of the starting price. The developer confirms the final schedule.
- 1
5%
On booking
AED 60K of the starting price
- 2
10%
1 month after booking
AED 120K of the starting price
- 3
45%
Monthly instalments over about 2 years
AED 540K of the starting price
- 4
40%
On completion
AED 480K of the starting price
- Handover
- Q2 2027
- Price / ft²
- AED 2,532
- On booking
- 5%
Buying context
How to read Business Bay
These are market context notes, not a forecast for this project. The entry price is the only figure taken from the listing.
Entry price
AED 1.20M
Starting price on this listing
Ownership
Freehold
Foreign buyers can hold the title
Buyer protection
DLD escrow
Off-plan funds sit in a regulated account
Typical yield
6–8%
Dubai range. Not this project’s return
Costs
What sits on top of the price
Standard Dubai purchase costs. The exact fee is confirmed in the reservation.
DLD registration
4%
of purchase price
Oqood / admin
AED 3K–5.2K
off-plan registration
Agency fee
0%
paid by developer
Service charge
AED 16–22
estimated per ft²
Buying journey
Four steps to keys
One adviser stays with you from the reservation through handover.
- 1
Select and reserve
Choose a layout and sign the reservation form.
- 2
Secure the unit
5 plus DLD fees confirms the allocation.
- 3
Sign the agreement
Complete the sale agreement and Oqood registration.
- 4
Inspect and collect
Snagging, the final payment and keys in Q2 2027.
Location
Business Bay
Canal Heights by DAMAC, Business Bay is plotted in Business Bay. Open a pin to see what sits nearby.
Apartments · Off Plan
Map pin is searched from the project name and area — no coordinates to maintain.
Open in Google MapsCanal Heights by DAMAC, Business Bay, Business Bay, Dubai, United Arab Emirates
Questions
Before you enquire
On the Dubai Canal in Business Bay, near Downtown Dubai.
Brochure
Floor plans and the payment schedule
We send the Canal Heights by DAMAC, Business Bay pack to your inbox after a short enquiry.
The content is for information purpose only.
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