Investin Residential

Project Overview

Property Type

Apartments

Developer

DAMAC Properties

Completion Date

30-09-2027

Start Price

AED 2.828M

Project general facts

Project Overview

Canal Heights 2 is the second phase of the prestigious Canal Heights residential project by Damac Properties, located in Business Bay, Dubai. The complex consists of a ground level, three podium levels, 44 residential floors, and a rooftop, offering a refined urban living experience in one of Dubai’s most dynamic districts.

The development features elegant studios and luxurious 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments. The interiors are designed with a light colour palette and high-quality materials, creating a spacious, warm, and sophisticated atmosphere.

Each residence is equipped with modern appliances, while panoramic windows provide breathtaking views of the city skyline. With its elegant design, premium finishes, and practical layouts, Canal Heights 2 offers a modern lifestyle shaped by comfort, style, and convenience.

Location & Amenities

Canal Heights 2 is located in Business Bay, one of Dubai’s most vibrant residential and commercial communities. The area is known for its modern skyline, canal-side setting, restaurants, cafés, retail spaces, and easy access to key destinations across the city.

Residents can enjoy a wide range of premium amenities, including a swimming pool, fitness centre, relaxation areas, barbecue spaces, children’s playgrounds, underground parking, concierge services, and 24/7 security.

The development also features cafés, restaurants, and retail spaces, while the Business Bay canal promenade is located nearby, offering residents a scenic place for walks, leisure, and waterfront relaxation.

Available Units

Unit Image Coming Soon

Apartments

1 Bedroom

971 - 1,077 sqft

AED 2.828M - AED 3.306M

Unit Image Coming Soon

Apartments

2 Bedrooms

1,315 - 4,091 sqft

AED 3.434M - AED 6.909M

Unit Image Coming Soon

Apartments

3 Bedrooms

3,097 - 3,319 sqft

AED 12.808M - AED 13.656M

Location

Nearby Places

Dubai Canal

5 min

Global Indian International School Dubai

7 min

Medcare Hospital

11 min

Dubai Opera

10 min

Dubai Institute of Design and Innovation

7 min

Dubai Aquarium & Underwater Zoo

13 min

Facilities & Amenities

BBQ
BBQ
Children’s pool
Children’s pool
Cinema
Cinema
Concierge Service
Concierge Service
Covered Parking
Covered Parking
Dining outlets (coffee houses & restaurants)
Dining outlets (coffee houses & restaurants)
Kids Play Area
Kids Play Area
Leisure areas
Leisure areas
Pets Allowed
Pets Allowed
Retail outlets
Retail outlets
SPA
SPA
Security and CCTV
Security and CCTV
Swimming Pool
Swimming Pool
Shared gym & fitness
Shared gym & fitness

Project Attachments

Payment Plans

5%
On Booking
2 payments
55%
During Construction
10 payments
40%
On Completion
0 payments
On Booking 5%
DLD Fee 4%

Developer Information

DAMAC Properties

DAMAC Properties

DAMAC Properties is a major developer specializing in luxury real estate development in Dubai and other regions. The company was founded in 2002 and has since earned a reputation as one of the leading real estate developers in the United Arab Emirates. The company is known for its ambitious projects that epitomize luxury, style and innovation. It specializes in creating high-end residential complexes, apartments, villas, hotel and commercial properties. The developer is known for its wide portfolio of projects of various formats, from modern skyscrapers to boutique villas in exclusive neighborhoods. One of the highlights of DAMAC Properties' success is its golf course projects, which include luxury residential complexes and villas located around first-class golf courses. The company also actively collaborates with global fashion and design brands such as Versace and Fendi to create unique interiors and design concepts. The developer stands out for its high quality construction, innovative design approaches and unique concepts that make its projects desirable to locals and foreign investors. The company continues to develop and strengthen its position in the real estate market, offering unmatched quality and comfort to its clients.

Carson Tower B, Damac Sales Centre, DAMAC Hills, Dubai

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This project in numbers

Price vs. areaIn the lower price range of its area

About AED 2,912/sqft. Projects on sale in Business Bay range from about AED 2,380 to 9,510/sqft.

Area rental yield6.5–7.5% gross

Area average from Dubai Land Department data; it may fall below or above this band. Net yield differs once service charges and costs are deducted.

Calculate your net yield →
Golden VisaAbove the AED 2M threshold

The starting price meets the 10-year Golden Visa threshold.

Threshold and conditions →
Expected handoverSeptember 2027

Off-plan, the down payment and instalments are paid until handover; this project's plan is below.

See the payment plan →

Other budgets in the same area

Source: current sales list (refreshed twice a day) · area yield from Dubai Land Department. Price per sqft uses the starting price and smallest unit size and is approximate. For information only, not binding.

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