Canal Heights
By DAMAC Properties · Apartments, Duplex · Updated 07 Sep 2026
About Canal Heights
Project general facts
Welcome to Canal Heights, a remarkable residential development by Damac Properties in the bustling Business Bay district of Dubai. Canal Heights offers exclusive canal-facing residences designed in collaboration with de GRISOGONO. Here, you can choose from a selection of spacious studios, as well as 1 and 2-bedroom apartments.
These holistic apartments redefine urban living by bringing you the essence of a pure and fulfilling life. With a brilliant natural environment that fulfills all your wishes, Canal Heights is where you'll discover a harmonious blend of modern living and serene waterfront views. It's more than just a residence; it's a lifestyle that embodies the essence of contemporary Dubai living.
Kitchen and appliances
Equipped kitchen
Furnishing
No
Location description and benefits
Business Bay, Dubai, can be confusing due to its name. However, it’s not just office spaces and buildings. There are hotel towers, amazing restaurants and wonderful residential properties here as well. It is known to be a very stylish and up-to-date in the latest trends and gadgets kind of community. The life here is face-paced. Business Bay is on the south side of Downtown Dubai. This area usually hosts plenty of events to keep things lively. There are music festivals, Mother’s Day celebrations, New Year’s celebrations and many others as well. The lifestyle that Business Bay offers has many advantages.
Famous and international schools, medicals, supermarkets, banks and finance centers are a few minutes from your space. The place simply elevates your life standard and way of living with easy and intuitive options in the proximity. Come and seek refuge in this wonderful place full of potential elements of pleasures, success and fun.
Developer-supplied project description; verify specifications against the SPA and RERA-registered brochure.
Location: Business Bay
Canal Heights 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.
Sector: Business Bay · Open in Google Maps
Construction & payment
Construction start: 2023-05-25. Scheduled completion: 2027-06-30. Typical off-plan plans in this segment are 60/40 or 70/30 construction-linked, with a 10–20% booking amount and 4% registration fee. Ask us for the current plan on this project, including any post-handover option. Full cost breakdown: DLD fees guide.
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Other projects on sale in Business Bay
Buyer questions
How much does Canal Heights cost?
Launch pricing starts at AED 3,556,000 and runs to about AED 17,543,000 for 2 – 4 bed apartments of 1,332–4,381 sqft. That is roughly AED 2,669 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.
When is Canal Heights handing over?
The developer's stated completion is Q2 2027. Status: under construction. 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.
Can foreigners buy in Canal Heights?
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.
Who is the developer of Canal Heights?
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.
Check live availability in Canal Heights
Floor plans, payment schedule and registration costs, same day. RERA 41793.