Canal Heights 2
Floor Plans & Unit Types
How much you pay, and when
Amounts for each layout · 4
1 Bedroom
892-1,072 sqft
from AED 2.83M
AED 3,170 per sqft
AskBooking
AED 566K
Construction
AED 1.7M
3 × AED 566K
Handover
AED 566K
2 Bedrooms
1,303-3,999 sqft
from AED 3.45M
AED 2,645 per sqft
AskBooking
AED 689K
Construction
AED 2.07M
3 × AED 689K
Handover
AED 689K
3 Bedrooms
3,078-3,357 sqft
from AED 12.81M
AED 4,161 per sqft
AskBooking
AED 2.56M
Construction
AED 7.68M
3 × AED 2.56M
Handover
AED 2.56M
4 Bedrooms
4,666 sqft
from AED 19.24M
AED 4,124 per sqft
AskBooking
AED 3.85M
Construction
AED 11.55M
3 × AED 3.85M
Handover
AED 3.85M
Payment schedule by quarter
On the cheapest layout (1 bed from AED 2,828,000): what leaves your account and when. By handover you will have paid AED 2,262,400, with the rest due on keys.
| When | Payment | Paid to date | Left to pay | Share of the flat |
|---|---|---|---|---|
| Q1 2027 | AED 565,600 | AED 1,131,200 | AED 1,696,800 | 40% |
| Q2 2027 | AED 565,600 | AED 1,696,800 | AED 1,131,200 | 60% |
| Q3 2027 | AED 565,600 | AED 2,262,400 | AED 565,600 | 80% |
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
Compared with the area
- Price per sqft
- AED 3,525 per sqft - 12% below the Business Bay average of AED 3,997.
- Entry price
- The entry price is lower than for 18 of the 41 projects in Business Bay in our catalogue.
- Handover
- Handover is earlier than for most projects in the area. Projects in Business Bay hand over between 2023 and 2032.
- Payment plan
- Differs from the usual plan of Damac Properties: most of the developer's 131 projects in our catalogue use 20/55/25.
- Smallest unit
- The smallest unit is 30% larger than is typical for Business Bay (684 sqft).
Calculated across the 41 projects we track in Business Bay. Figures come from our own catalogue, not from a market index.
Amenities
- Health Club
- Gymnasium
- Restaurants
- Shared Pool
- Security
About Canal Heights 2
Canal Heights 2 is Damac Properties's latest residential development in the heart of Business Bay, Dubai.
Buyers can choose from 1, 2, 3 and 4-bedroom apartments, with starting prices from AED 2.8M. Handover is scheduled for Q3 2027 with a 20%/60%/20% payment plan.
Amenities at Canal Heights 2 include Health Club, Gymnasium, Restaurants, Shared Pool. Canal Heights 2 represents a strong investment opportunity in one of Dubai's growing communities.
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
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
Frequently Asked Questions
What is the starting price of Canal Heights 2?
What is the payment plan for Canal Heights 2?
When is the handover date for Canal Heights 2?
What types of units are available at Canal Heights 2?
Where is Canal Heights 2 located in Dubai?
Is Canal Heights 2 available for foreign buyers?
What amenities does Canal Heights 2 offer?
Similar in price
Off-plan projects from AED 2M to AED 4M - in Business Bay first, then elsewhere in Dubai
