Canal Heights by DAMAC Properties
Business Bay, Dubai
project Overview for Canal Heights
AED 1,250,000
Starting Price
80/20%
Payment Plan
20%
Booking Fee
Under Construction
30 Jun 2027
Hisham Alibraheem
Agent
Development Details & Types
376
427 - 8,876 sq.ft
1 Bedroom-2 Bedrooms
About Canal Heights
Experience Exquisite Living at Canal Heights, Business Bay
Canal Heights, a prestigious residential development by DAMAC Properties in collaboration with De Grisogono, sets a new standard for luxury living in Dubai's coveted Business Bay. This sleek, pearl-inspired complex offers 376 branded studios and 1-2 bedroom apartments, each boasting chic interiors and expansive layouts. Imagine waking up to breathtaking views of the Dubai Water Canal from your private balcony.
Beyond the stunning residences, Canal Heights offers a unique blend of modern design and luxurious amenities designed to elevate your lifestyle. From expansive living spaces to the finest finishes, every detail has been meticulously considered to ensure an unparalleled living experience.
Unrivaled Location and Amenities
Nestled along the banks of the Dubai Water Canal, Canal Heights provides seamless access to the city's vibrant pulse. Enjoy easy commutes to Dubai Marina, Dubai International Airport, and Palm Jumeirah, all within a 20-minute drive. The development is also conveniently located near public transportation hubs, making exploration effortless. Step outside and discover a world of amenities within a short walk, including Choithrams Bay Square, Carrefour, and several nurseries and fitness centers.
Experience the best of Business Bay and Downtown Dubai's iconic attractions, including the Dubai Mall, Dubai Opera, and the Burj Khalifa, all easily accessible.
Explore the Lifestyle & Amenities at Canal Heights
Gym
Fitness Center
Basketball Court
Explore the premium amenities and features
Check how they align with your lifestyle and investment goal.
A Closer Look at the Features of Canal Heights
Balcony
Built-in Wardrobes
Central A/C
Experience the Views from Canal Heights
Indulge in a world of unparalleled leisure and wellness at Canal Heights. Our exceptional amenities are designed to enhance your lifestyle and provide moments of tranquility and rejuvenation. Unwind in our tranquil yoga domes, explore the wonders of our underwater pearl museum, or take a refreshing dip in our unique shell-shaped wave pool. Let the vibrant energy of the interactive fountain captivate you, and discover the fun of zorb balls and our infinity lap pool.
For the ultimate relaxation, visit the scrubs bar, enjoy family fun at the Bubbles arena, and marvel at the mesmerizing glass bubble fountain. Canal Heights offers an exceptional array of amenities designed to transform your daily routine into a blissful escape.
Property Layout & Floor Plan for Canal Heights
Studio
Studio
427 - 469 sq.ft
AED 1,250,000
Flexible Payment Plan Details For Canal Heights
AED 1,250,000
Starting Price
Studio
Bedroom
Down Payment
AED 250,000
Under Construction
AED 687,500
Handover
AED 312,500
Download the payment plan for Canal Heights
Detailed Payment breakdown for Studio
On Booking
AED 250,000
On Construction
AED 687,500
Handover in Q2 2027
AED 312,500
About DAMAC Properties Developer
DAMAC Properties is a leading real estate developer in the Middle East, established in 2002. They have transformed the luxury property market in the region with iconic projects across the UAE, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the UK. With a portfolio of over 35,000 completed projects and 30,000 more underway, DAMAC is renowned for its innovative designs, high-quality construction, and partnerships with global luxury brands like Versace, Cavalli, Paramount, and Fendi. Their mission is to position the UAE as a global hub for trade, hospitality, and lifestyle.
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About Business Bay
Urban Living
Dubai Water Canal

A dynamic hub of commerce and luxury living, Business Bay is Dubai’s answer to Manhattan and Ginza.
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Project Status and Details for Canal Heights
Status
Completion Date
Total Units
Developer
Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
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FAQ
Who is the developer of Canal Heights?
DAMAC Properties, in collaboration with De Grisogono, is the developer of Canal Heights.
Where is Canal Heights located?
Canal Heights is situated in Business Bay, Dubai, at the intersection of Marasi Dr and Al Asayel St.
What types of properties are available?
Canal Heights offers studios, 1-bedroom, and 2-bedroom apartments, as well as exclusive full-floor units.
When will Canal Heights be completed?
The estimated completion date is Q2 2027.
What payment plans are available?
An 80/20 payment plan is offered. Full-floor unit buyers receive a 2% discount.
What are the price ranges for apartments and full-floor units?
1-bedroom apartments start at AED 1.25M (USD 340K), while full-floor units start at AED 18.22M (USD 4.96M).
Can I obtain residency by purchasing property here?
Yes, investments of AED 750,000 (USD 204,000) or more qualify for a 2-year visa, and investments of AED 2,000,000 (USD 545,000) or more qualify for a 10-year Golden Visa.
Can foreigners buy property at Canal Heights?
Yes, Canal Heights offers freehold ownership, allowing buyers of any nationality to own the property outright.
Is Canal Heights a good investment?
Yes, 1-bedroom apartments in Business Bay offer an average gross ROI of 6.3%, with starting rental prices at AED 60K (USD 16K) per year.
Is Canal Heights a good place for living in Dubai?
Canal Heights is a fantastic place for residing in Dubai, especially for young business professionals, because the development will be surrounded by Grade-A offices and state-of-the-art business facilities
Contact Us
Profound Properties
team@profoundproperties.com
1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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