By DAMAC Properties · Apartments · Updated 07 Sep 2026

Canal Heights 2 sits in Business Bay, Dubai. The Dubai Land Department has registered 4,594 sales in Business Bay so far in 2026 at an average of AED 2,757 per sqft, which is the benchmark to hold this launch against. See every project currently selling in Business Bay.






Launch pricing starts at AED 2,828,000 and runs to about AED 13,656,000 for 1 – 3 bed apartments of 970–4,090 sqft. That is roughly AED 2,915 per sqft at entry, against a Dubai Land Department registered average of AED 2,757 per sqft across 4,594 sales in Business Bay this year.
The developer's stated completion is Q3 2027. Off-plan instalments are construction-linked and paid into a regulated escrow account, so your money is released to the developer only as build milestones are certified.
Yes. Business Bay is a designated freehold zone in Dubai; buyers of any nationality can hold full title registered at the Dubai Land Department. A purchase of AED 2 million or more also qualifies for the 10-year UAE Golden Visa.
DAMAC Properties. They currently have 80 other projects on sale that we track. Check their delivery record and RERA registration on our developer scorecard before paying a booking deposit.
Floor plans, payment schedule and registration costs, same day. RERA 41793.