Canal Heights
The facts, verified
About the project
Project general facts Canal Heights by DAMAC Properties is an elegant waterfront residential development located in the vibrant Business Bay district of Dubai. Created in collaboration with the luxury jewelry brand de GRISOGONO, the project introduces a sophisticated design concept inspired by contemporary luxury and the beauty of waterfront living. The development features an exclusive collection of canal-facing studios, as well as 1- and 2-bedroom apartments, thoughtfully designed to combine comfort, style, and panoramic city views in one of Dubai’s most prestigious urban destinations. Residents of Canal Heights enjoy a curated lifestyle centered around relaxation, wellness, and modern convenience. The project offers a range of premium amenities, including resort-style swimming pools, wellness and leisure spaces, landscaped areas, and exclusive social zones designed to enhance everyday living. Positioned directly along the Dubai Canal and close to Downtown Dubai, DIFC, and major lifestyle destinations, Canal Heights delivers a seamless balance between dynamic city life and tranquil waterfront surroundings. The interiors at Canal Heights reflect a refined contemporary aesthetic
Amenities
Canal Heights payment plan
| Milestone | Share | On AED 2.83M |
|---|---|---|
| On booking | 20% | AED 566K |
| During construction | 40% | AED 1.13M |
| Upon Handover | 40% | AED 1.13M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 565,600 |
| During construction (40%) | ≈ AED 47,133 equivalent per month over 24 months | AED 1,131,200 |
| Handover (40%) | On completion | AED 1,131,200 |
| DLD fee (4%) | On booking | AED 113,120 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Canal Heights prices and unit mix
Project documents
Business Bay masterplan
Canal Heights location and connectivity
- The Dubai Mall7 min
- Burj Park by Emaar10 min
- Scholars International Group5 min
- Jumeirah Beach13 min
- Burj Khalifa9 min
Business Bay registered prices, against Canal Heights
Compare against another launch →About DAMAC
All their projects →
DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Attractions within reach
Getting there
All lines →Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Canal Heights
What is the starting price at Canal Heights?
Canal Heights starts from AED 2.83M and runs to AED 17.54M, across 1 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
What is the Canal Heights payment plan?
20% on booking, 40% during construction, 40% upon handover, worked in dirhams on AED 2.83M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Canal Heights handover?
DAMAC lists handover for SEP 2027, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Canal Heights?
In Business Bay, Dubai: The Dubai Mall 7 min, Burj Park by Emaar 10 min, Scholars International Group 5 min. The Business Bay community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 0205837430102. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.