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Project

Canal Heightson sale

Business Bay·DAMAC

Price (AED)

2,828,000-17,543,000USD 770,064 – 4,776,959

Bedrooms

1, 2, 3, 4

Handover

Sep 2027

Size (sqft)

1043-4381

AED / sqft

645-16,824

Inventory

48 units · 2 buildings

Construction

under construction

Readiness

31.22%

Compliance & specs

DLD escrow #

0205837430102

Service charge

22-24 AED/sqft

Furnishing

Semi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.

Post-handover plan

None

About

Project general facts

Canal Heights by DAMAC Properties is an elegant waterfront residential development located in the vibrant Business Bay district of Dubai. Created in collaboration with the luxury jewelry brand de GRISOGONO, the project introduces a sophisticated design concept inspired by contemporary luxury and the beauty of waterfront living. The development features an exclusive collection of canal-facing studios, as well as 1- and 2-bedroom apartments, thoughtfully designed to combine comfort, style, and panoramic city views in one of Dubai’s most prestigious urban destinations.

Residents of Canal Heights enjoy a curated lifestyle centered around relaxation, wellness, and modern convenience. The project offers a range of premium amenities, including resort-style swimming pools, wellness and leisure spaces, landscaped areas, and exclusive social zones designed to enhance everyday living. Positioned directly along the Dubai Canal and close to Downtown Dubai, DIFC, and major lifestyle destinations, Canal Heights delivers a seamless balance between dynamic city life and tranquil waterfront surroundings.

The interiors at Canal Heights reflect a refined contemporary aesthetic with carefully selected materials and spacious open-plan layouts. Large windows fill the residences with natural light while emphasizing the surrounding canal and skyline views. Each apartment features a fully equipped kitchen with integrated appliances, creating a practical and elegant living environment. The residences are delivered unfurnished, allowing owners the flexibility to personalize their homes according to their individual tastes and lifestyle preferences.

Location description and benefits

Business Bay is one of Dubai’s most dynamic and fast-paced neighborhoods, known as the city's central business, commercial, and residential hub. Located just minutes from Downtown Dubai and the iconic Burj Khalifa, it offers a strategic location with seamless access to Sheikh Zayed Road and Al Khail Road. Business Bay is a prime destination for professionals, entrepreneurs, and investors looking to be at the heart of Dubai’s thriving economy, with a skyline defined by high-rise towers, luxury hotels, and modern office spaces.

Beyond its corporate appeal, Business Bay has evolved into a vibrant lifestyle destination. The area features a wide range of residential options, from upscale studios to spacious penthouses, many with stunning views of the Dubai Canal. Residents enjoy an urban lifestyle with access to fine dining, boutique cafes, waterfront promenades, gyms, and art spaces, all set against a backdrop of architectural elegance. The Dubai Water Canal also adds a touch of serenity, perfect for walks, boat rides, or simply enjoying the city lights by the water.

As one of the most well-connected and sought-after areas in Dubai, Business Bay continues to grow as a leading hub for luxury living and commercial innovation. Whether you're working, living, or investing, it offers the perfect blend of modern convenience, cosmopolitan energy, and high-end urban living — all in one prime location.

Available unit types

4 bedroom configurations

These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 2 buildings , the developer's full floor-plan pack below covers every variant.

1 bedroom floor plan

1 bedroom

949-1077 sqft

AED 2,828,000 – 3,306,000USD 770,064 – 900,224

Range across 9 layout variants

2 bedrooms floor plan

2 bedrooms

1297-4091 sqft

AED 3,434,000 – 6,909,000USD 935,078 – 1,881,321

Range across 26 layout variants

3 bedrooms floor plan

3 bedrooms

2207-3319 sqft

AED 5,761,000 – 13,656,000USD 1,568,720 – 3,718,529

Range across 5 layout variants

4 bedrooms floor plan

4 bedrooms

4381 sqft

AED 17,543,000USD 4,776,959

Office spaces

Layouts and pricing released on request.

Talk to a broker

Payment plans

Payment Plan 60/40Interest-free during construction

20%
40%
40%
BookingDuring constructionOn handover (Sep 2027)
  1. 1.

    On booking

    20%
  2. 2.

    During construction

    40%
  3. 3.

    Upon Handover (Sep 2027)

    40%
CASADIOR

Calculate your payments

Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.

Include fees:
#WhenStep%Amount (AED)Amount (USD)Cumulative (USD)
1Upon bookingReservation20%565,600154,013154,013
2Between booking and Sep 2027During construction40%1,131,200308,026462,039
3Sep 2027Upon Handover (Sep 2027)40%1,131,200308,026770,064
Total100%AED 2,828,000USD 770,064

Cash-flow shape: 60% during the construction period (20% upon booking, 40% across milestones), 40% at handover (Sep 2027).

0% interest during construction , no APR, no compounding.

Opens directly in Excel, Numbers, or Google Sheets.

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Amenities

9 features

Location

Business Bay

25.18364, 55.27855

Nearby

  • The Dubai Mall1.8 km · 7 min
  • Burj Park by Emaar3.8 km · 10 min
  • Scholars International Group2.3 km · 5 min
  • Jumeirah Beach9.2 km · 13 min
  • Burj Khalifa3.2 km · 9 min
  • Dubai International Airport15.4 km · 20 min

About Business Bay

Business Bay is Dubai's central commercial and residential district, strategically positioned along Sheikh Zayed Road and Al Khail Road. The area offers convenient access to key Dubai destinations: approximately 9 minutes by car to Dubai Mall, 20 minutes to Burj Al Arab, 21 minutes to Palm Jumeirah, and 32 minutes to Dubai International Airport. Well-established infrastructure includes improved parallel roads with enhanced connectivity completed in 2018.

Explore Business Bay

About DAMAC

DAMAC

Damac Properties LLC, established in 1982, is a tier-1 UAE developer specializing in luxury residential communities and branded residences across Dubai's prime locations including Business Bay, Damac Hills, and Safa Park. The developer maintains a portfolio of 62 projects in our catalogue, with notable developments including Chic Tower, Damac Islands, and properties under the Autograph Collection brand.

Building details

Tower II

Tower II

Studio, 1, 2, 3 bedroom apartments & 3, 4 bedroom superluxury duplexes

Tower I

Tower I

Studio, 1 & 2 bedroom apartments

Parking allocation

Unit typeBedroomsSpaces
Apartment32
Apartment21
Apartment11
Apartment01

Marketing brochure

Download brochure (PDF)

Frequently asked questions

About Canal Heights

What is the starting price for Canal Heights?

Prices at Canal Heights start from AED 2,828,000. Off-plan inventory moves with availability, so confirm the current entry price with a Casadior broker before deciding.

What is the payment plan for Canal Heights?

Canal Heights is offered with the Payment Plan 60/40. The full instalment schedule, what is due at booking, during construction, and at handover, is published on this page.

When does Canal Heights hand over?

Handover of Canal Heights is planned for Sep 2027. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.

Where is Canal Heights located?

Canal Heights is located in Business Bay, Dubai. The location section on this page has the map and nearby points of interest.

Who is the developer behind Canal Heights?

Canal Heights is developed by DAMAC. The developer's track record and full project list are on our DAMAC page.

More answers in the full Dubai buying FAQ

Why Dubai off-plan

The macro case for buying off-plan in Dubai

These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.

0% interest, ever

Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.

No income or capital-gains tax on property

Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.

20% usually opens the unit

Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.

Post-handover plans extend the runway

Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.

Golden Visa from AED 2M

A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.

Freehold ownership for foreigners

Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.

Price

from AED 2,828,000

≈ USD 770,064

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Currency

Budget range

AED 500kAED 3M

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Upfront to reserve: AED 120kAED 720k (≈20% down + 4% DLD)

Bedrooms

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Timeline

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