Who is the developer of Canal Heights?

Canal Heights is being created by DAMAC Properties, who is one of the most well-known developers in Dubai, and is also the author of DAMAC Lagoons, DAMAC Hills and Chic Tower. The project is being built in collaboration with the famous jewellery brand de GRISOGONO.

What is the address of Canal Heights?

Canal Heights will boast a strategic location in Business Bay. Travel time to Downtown Dubai will take about 5-10 minutes and Dubai International Airport will be reachable within 15 minutes.

What are the unit types on offer?

Future residents of Canal Heights can choose a unit from studios and 1-2 bedroom apartments. There is also an option to purchase a full floor for renting units out or creating a spacious home for your own family.

What is the completion date of Canal Heights?

It’s planned that Canal Heights will be completed in Q3 2027 which means you will be able to follow an attractive payment plan from the developer.

What are the Payment Plans for Canal Heights?

DAMAC Properties offers an 80/20 payment plan with a 24% down payment.

How much does an apartment cost in Canal Heights?

The starting cost of a studio in Canal Heights is AED 1,250,000 (USD 340,000) and a 1-bedroom unit will cost from AED 1,670,000 (USD 455,000). Moreover, there is an opportunity to purchase a full floor which will cost AED 18,220,000 (USD 4,960,000).

Can I obtain residency if I buy property in Canal Heights?

Yes, purchasing a real estate property in Dubai provides you and your family members with an opportunity to apply for a residence visa.

What type of visa can I get when I buy a property?

Yes, due to the fact that Canal Heights is a freehold property, both UAE citizens and foreigners can become owners of the property in this project.

Is an apartment in Canal Heights a good investment?

Becoming an owner of an apartment in Canal Heights will be a good investment, as units here are always in demand for short and long-term periods among business professionals coming here for business trips. Moreover, you will always be able to resell a property at a higher price after its completion. The opportunity to purchase a full floor will also attract investors.

Is an apartment in Canal Heights a good investment?

Becoming an owner of an apartment in Canal Heights will be a good investment, as units here are always in demand for short and long-term periods among business professionals coming here for business trips. Moreover, you will always be able to resell a property at a higher price after its completion. The opportunity to purchase a full floor will also attract investors.

Is Canal Heights a good place for living in Dubai?

Canal Heights will be appreciated by single professionals and couples wishing to easily get to key locations and other areas of Dubai. Families with children might be interested in more spacious 2-bedroom units or full floors which can be turned into large penthouses. A range of exclusive amenities is another reason why you should make Canal Heights your choice to reside in.

What are the pros and cons of living in Business Bay?

Business Bay is considered to be the business centre of the emirate. It’s the perfect location for business professionals, office workers and those wishing to live within close proximity to Downtown Dubai. The area is known for educational and medical institutions, as well as dining venues.

DAMAC x de GRISOGONO Canal Heights Apartments for Sale in Business Bay, Dubai

Canal Heights is an ultra-luxury project, located in the business centre of Dubai called
Business Bay. The project, which is considered to be the sequel to Chic Tower by DAMAC
and de GRISOGONO, will offer studios and 1-2 bedroom apartments. All residents will
benefit from exclusive amenities and close proximity to key locations within the emirate

Branded Residences in Business Bay

Designed by DAMAC x de GRISOGONO

AED 1,250,000

Starting Price

Easy 80/20

Payment Plan

Q4 2027

Handover

The total number of residences within the project is 376, and each floor offers 14 apartments. Among the units to choose from in Canal Heights are studios and 1-2 bedroom apartments. Moreover, there is an opportunity to purchase a full floor, which might interest investors wishing to rent properties out and generate a stable income. From the balconies you will be able to enjoy views of the Dubai Water Canal and the famous Dubai skyline. You will be able to soak up the luxury right from the moment you enter the lobby of Canal Heights, with a waterfall feature that is possible to pass through. Fluid forms, vibrant colours and effervescent textures will make you fall in love with the development from the moment you lay your eyes on the building.

Residents of the tower will be provided with premium amenities which include yoga domes that are ideal for meditation, as well as dining experiences and private parties, a waves pool with an organic form which is inspired by shells, a Snorkelling Pearl Museum which will enable you to learn more about pearls during a snorkeling experience, an infinity lap pool, a scrubs bar, zorb balls in the water, a glass bubble fountain and much more.

Canal Heights is an residential project in Business Bay that is the perfect option for those wishing to experience a harmonious lifestyle on the banks of the Dubai Water Canal. The project is expected to be the shimmering sequel to the amazing Chic Tower. The development, created by DAMAC, is branded by de GRISOGONO, who is a well-known Swiss luxury jeweller.

The total number of residences within the project is 376, and each floor offers 14 apartments. Among the units to choose from in DAMAC Canal Heights are studios and 1-2 bedroom apartments. Moreover, there is an opportunity to purchase a full floor, which might interest investors wishing to rent properties out and generate a stable income. From the balconies you will be able to enjoy views of the Dubai Water Canal. You will be able to soak up the luxury right from the moment you enter the lobby of Canal Heights by DAMAC, with a waterfall feature that is possible to pass through. Fluid forms, vibrant colours and effervescent textures will make you fall in love with the tower from the moment you lay your eyes on the building.

DAMAC Canal Heights is located in Business Bay along the banks of the Dubai Water Canal and is surrounded by other luxury towers, including hotels and apartment buildings. In terms of the closest leisure facilities that are accessible within a 10-minute drive, residents of Canal Heights might be interested in Dubai Mall with over 1,200 retail stores, 200 dining options, Dubai Aquarium & Underwater Zoo, Souk Al Bahar and other entertainment venues, as well as Dubai Opera.

Among the closest educational institutions are Jumeirah International Nursery, Learning Tree Nursery, Old Safa British School, Global Indian International School and Dubai Institute of Design and Innovation. As for medical clinics, future residents will be able to receive professional help in Aster Clinic – Business Bay and Emirates Hospital Clinics – Business Bay.

Buying a residence or a full floor in Canal Heights will provide you with an opportunity to apply for a 2-year investor visa or a 10-year UAE Golden Visa. Residence visas will allow you and your family members to stay in the country without any time limits, obtain an Emirates ID and enjoy many other benefits. Business Bay is a popular area among tenants both for short and long term rentals. The average ROI for a 1-bedroom apartment here is 6.4%, and the average price of renting this type of residence is AED 90,000 per year. Therefore, you will always be able to rent a unit out.

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DAMAC Canal Heights in Business Bay Dubai

Amenities

DAMAC Canal Heights Located in

What's Near?

Floor Plans of DAMAC Canal Heights Business Bay

Studio Units

1-Bedroom Units

2-Bedroom Units

Handover in Q4 2027

Easy 80/20 Payment Plan from DAMAC Properties

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