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Canal Heights
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Canal Heights

Damac Properties
Starting from
3.54M AED
Handover
Q2 2027
Stage
Under construction · 23%
Payment Plan
20/60/20
Property Type
Apartment

Floor Plans & Unit Types

Studio
1 Bathroom
from 3.54M AED
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1 Bedroom
1 Bathroom
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2 Bedrooms
2 Bathrooms
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How much you pay, and when

20%
Booking
now
60%
Construction
2 quarters
20%
Handover
Q2 2027
Amounts for each layout · 3
  • Studio

    from AED 3.54M

    Booking

    AED 708K

    Construction

    AED 2.12M

    2 × AED 1.06M

    Handover

    AED 708K

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  • 1 Bedroom

    Price on request

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  • 2 Bedrooms

    Price on request

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Payment schedule by quarter

On the cheapest layout (studio from AED 3,538,000): what leaves your account and when. By handover you will have paid AED 2,830,400, with the rest due on keys.

WhenPaymentPaid to dateLeft to payShare of the flat
Q1 2027AED 1,061,400AED 1,769,000AED 1,769,00050%
Q2 2027AED 1,061,400AED 2,830,400AED 707,60080%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

Location & Nearby Places

Google Maps

Compared with the area

Entry price
11 of 41
The entry price is lower than for 11 of the 41 projects in Business Bay in our catalogue.
Handover
2027
Handover is earlier than for most projects in the area. Projects in Business Bay hand over between 2023 and 2032.
Payment plan
20/60/20
Differs from the usual plan of Damac Properties: most of the developer's 131 projects in our catalogue use 20/55/25.

Calculated across the 41 projects we track in Business Bay. Figures come from our own catalogue, not from a market index.

Amenities

  • Gymnasium
  • Restaurants
  • Shared Pool
  • Children's Play Area

About Canal Heights

Canal Heights is Damac Properties's latest residential development in the heart of Business Bay, Dubai.

Buyers can choose from studios and 1 and 2-bedroom apartments, with starting prices from AED 3.5M. The project is expected to be completed by Q2 2027, offering a 20%/60%/20% payment plan.

Residents have access to Gymnasium, Restaurants, Shared Pool, Children's Play Area and more. The project is ideal for both end-users and investors looking at Dubai's off-plan market.

About the developer

Damac Properties

Luxury-focused branded residence pioneer - Cavalli, Versace, Trump golf, Just Cavalli villas. Founded by Hussain Sajwani in 2002.

Founded
2002
Projects with us
151
Areas
27
Handover
2025-30

Projects by handover year

9
2025
15
2026
41
2027
25
2028
25
2029
14
2030

About the area

Business Bay

Dubai's central business and lifestyle district along the Water Canal - minutes from Downtown and DIFC, with strong rental demand and waterfront views.

New projects
43
Prices from
AED 650K
Deals a year (DLD)
7,134
AED per sqft in deals
2,367

Price per sqft by year, AED

1,537
2019
1,388
2020
1,415
2021
1,759
2022
2,114
2023
2,217
2024
2,446
2025
2,275
2026

Frequently Asked Questions

What is the starting price of Canal Heights?
Canal Heights by Damac Properties offers apartment in Business Bay, Dubai starting from AED 3.5M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.
What is the payment plan for Canal Heights?
Canal Heights offers a flexible off-plan payment plan: 20% down payment, 60% during construction, 20% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.
When is the handover date for Canal Heights?
Canal Heights is scheduled for handover in Q2 2027. Damac Properties is one of Dubai's leading developers with a strong track record of on-time delivery.
What types of units are available at Canal Heights?
Canal Heights features studios, 1-bedroom apartments and 2-bedroom apartments in Business Bay, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.
Where is Canal Heights located in Dubai?
Canal Heights is situated in Business Bay, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.
Is Canal Heights available for foreign buyers?
Yes. Canal Heights is a freehold development in Business Bay, Dubai, which means it is open for purchase by non-UAE nationals and foreign investors with 100% ownership rights.
What amenities does Canal Heights offer?
Canal Heights features a full range of lifestyle amenities including Gymnasium, Restaurants, Shared Pool, Children's Play Area. The development is designed to offer resort-style living within Business Bay, Dubai.
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