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Canal Heights
Canal HeightsBusiness Bay
1,280,000 AEDstarting
2,798 AED/ft²
Delivery Date: Q4 2026
4 units31%Available Now
DAMAC Properties

Canal Heights

Business Bay

Studio, 1 - 3 BedsApartment

Launch price

1,280,000 AED

Payment Plan: 20/60/20
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Buildings
Business Bay
Canal Heights
DAMAC Properties

Canal Heights

Business Bay

Studio, 1 - 3 BedsApartment

Launch price

1,280,000 AED

Payment Plan: 20/60/20

Canal Heights

Business Bay

by DAMAC Properties

Booking
20%

Booking

Construction
60%

Construction

Handover
20%

Handover

Local Information

MapSchoolsShop & Eat
-- to

Description

Canal Heights offers apartments for sale in Business Bay, a luxury off-plan development by DAMAC Properties in collaboration with de GRISOGONO. Two towers, one rising 34 floors and the other 40 floors, comprise 399 apartments. This project includes studios, 1-bedroom, and 2-bedroom units. Anticipated completion is set for 2027. The payment plan involves a 20% deposit, 60% during construction, and 20% upon handover. Located directly on the Dubai Canal, the development is a short distance from Downtown Dubai, Burj Khalifa, and the Dubai Mall. It also offers convenient access to Sheikh Zayed Road and the Dubai Metro.

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Price Analysis for Canal Heights

Apartment

Studio

1%
204 units
429 – 479 ft²
No market history available yet

Starting price

1.28M

2,798 /ft²

Current price

1.29M

2,819 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Canal Heights

DatePriceTypeBeds
30 Mar 20261,359,000ApartmentStudio473 ft²—2,873
18 Feb 20261,100,000ApartmentStudio451 ft²—2,439
17 Feb 20261,274,000ApartmentStudio452 ft²—2,819
12 Feb 20261,278,000ApartmentStudio458 ft²—2,790
12 Feb 20261,327,000ApartmentStudio456 ft²—2,910
30 Mar 2026
1,359,000
StudioApartment

473 ft²

—

2,873

18 Feb 2026
1,100,000
StudioApartment

451 ft²

—

2,439

17 Feb 2026
1,274,000
StudioApartment

452 ft²

—

2,819

12 Feb 2026
1,278,000
StudioApartment

458 ft²

—

2,790

12 Feb 2026
1,327,000
StudioApartment

456 ft²

—

2,910

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 5 most recent sales transactions

What's Available for Canal Heights

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

No units to display

Price Trends

For units in Business Bay

Comparable Buildings in Business Bay

Assigned Schools

Affordability

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FAQ

Canal Heights features unique lifestyle offerings including an underwater pearl museum, a shell-shaped swimming pool, and multipurpose domes designed as wellness cocoons. The development also includes an infinity lap pool equipped with floating zorb balls, reflecting its branded design concept.
The building is tailored for investors and professionals seeking a high-end, branded residence in a central business district. Its location in Business Bay and focus on luxury amenities make it suitable for those prioritizing proximity to Downtown Dubai and the Dubai Canal.
This development is situated in Business Bay, providing residents with road connections to Sheikh Zayed Road and Al Khail Road. The project is positioned near the Dubai Canal, with the Business Bay Metro Station accessible for those utilizing public transport.
The tower is currently under construction with an expected completion and handover scheduled for 2027. Progress is monitored against this timeline as the developer, DAMAC Properties, advances the project.
The property offers a payment plan consisting of a 20% down payment, 60% paid during the construction phase, and a final 20% due upon handover. This structure is standard for the project's current off-plan delivery stage.
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Price Trends

For units in Business Bay

AED/ft²

Mean Studio value
Canal Heights: 2,819

AED/ft²

Mean value
Canal Heights:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Business Bay

BuildingPrice per ft²ConstructionHandoverDeveloper
The Peninsula Five 1Select Group
1,913 AED/ft²
32.1%
100%
Q4 2024
The Peninsula Five 1
1,913 AED/ft²32.1%
100%
Q4 2024
Select Group logo
The Sterling East HouseOmniyat
2,616 AED/ft²
7.2%
100%
Q3 2023
The Sterling East House
2,616 AED/ft²7.2%
100%
Q3 2023
Omniyat logo
Peninsula OneSelect Group
2,984 AED/ft²
5.9%
100%
Q2 2024
Peninsula One
2,984 AED/ft²5.9%
100%
Q2 2024
Select Group logo
Binghatti Aquarise Tower CBinghatti
2,631 AED/ft²
6.7%
21%
Q4 2026
Binghatti Aquarise Tower C
2,631 AED/ft²6.7%
21%
Q4 2026
Binghatti logo
15 Northside Tower 1Select Group
2,741 AED/ft²
2.8%
100%
Q2 2023
15 Northside Tower 1
2,741 AED/ft²2.8%
100%
Q2 2023
Select Group logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Business Bay neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Business Bay
247 Buildings For You
Buy: AED 112K - 550.0M
YoY Price Change: +5.4%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.