Canal Heights by DAMAC Properties

Studios, 1-2 Bedroom Apartments, and Whole Floors in Business Bay

Canal Heights features a collection of 1-2 bedroom apartments, spacious studios, and full-floor residences.

AED 1,25M

Starting Price

Q4 2027

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Canal Heights is a luxurious residential complex located in the heart of Dubai by DAMAC Properties. The complex features tall buildings with an elegant design and modern amenities. The project offers contemporary and stylish apartments with stunning views of the Dubai Canal and the city skyline.

Available for purchase are 1-2 bedroom apartments. The 1-bedroom apartments range in size from 603 to 926 sq. ft, the 2-bedroom apartments range from 1,238 to 1,561 sq. ft, and the luxurious studios range from 420 to 473 sq. ft. The developer has also introduced an exclusive opportunity to own an entire floor in Canal Heights.

The apartments in Canal Heights offer spacious layouts that maximise the available space and create a comfortable atmosphere. The interior finishes are made of high-quality materials, adding unique charm and luxury to each residence.

1–2 Bedrooms

Apartments

About Canal Heights

Top project for life and investment

GALLERY

In the second quarter of 2023, the minimum price for a 1-bedroom apartment in Canal Heights is AED 1.2M (USD 326K). The starting price for a studio in the project is AED 1.14M (USD 310K). To become the owner of an entire floor, the price starts from AED 18.2M (USD 5M).

AED 1.2M

The minimumprice for a 1-bedroom apartment

AED 1.14M

The starting price for a studio

Property Prices

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Canal Heights is located in one of the most rapidly developing areas of Dubai — Business Bay. There are numerous social and entertainment facilities in the vicinity. The complex is connected to the city's main highway, Sheikh Zayed Road, providing convenient access to other areas and major city attractions.

Residents of Canal Heights can utilise public transportation for convenient city commuting. Bay Square 2 bus stop is just a 5-minute walk away, and Business Bay Metro Station is a 15-minute walk away.

There is a wide range of shops and amenities near the complex, accessible within a 5-minute walk:

Allday Market, Q Mini Mart, Westzone Fresh Supermarket and Walk Way Grocery;
Circle and 25 Degrees North;
Title Brew Speciality Coffee and Caribou Coffee;
London Base Barbershop, Papito Styling, Artistic Hair & Beauty Salon and Smart Wellness;
SafeFit, Waterbike and The Lab Studios;
Zoga Yoga;
GEMS Our Own Indian School, Global Indian International School Dubai, Horizon English School Dubai, Jumeirah English Speaking School.

Business Bay is located near Downtown Dubai, and major attractions such as Burj Khalifa, Dubai Fountain, Dubai Mall, and other notable places in the area can be reached within 15 minutes. Medical facilities, including Medcare Hospital and Emirates Hospital, are located within a 20-minute drive. Dubai International Airport can be reached from the complex in 15 minutes, while Al Maktoum International Airport is a 40-minute drive away.

Location

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Complex Facilities

Canal Heights offers a wide range of modern amenities, including:

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Yoga zones

Pearl museum

Zorbing balls

Scrub bar

Interactive fountain, Playground with a fountain

Shell-shaped wave pool with blue pearls underwater

Infinity pool with rainbow tiles at the bottom

The construction of the complex is planned to be completed in 2027. During the construction phase, apartments and full-floor properties can be booked with a 20% down payment. Investors who buy full-floor properties can expect a discount of 2-3% from the developer.

Investing in Canal Heights apartments will yield a minimum ROI of 5.8 % annually. The residences are suitable for both living and setting up a home office. The property's location in the city's business centre makes it attractive to tourists, ensuring constant demand for rental accommodation. Business professionals will appreciate its convenient transportation connectivity to other areas of the emirate, while families will have a wide selection of educational institutions and entertainment activities.

Purchasing property in Canal Heights qualifies buyers for a residence visa. Owners of properties valued at AED 750K (USD 204K) or more can obtain a two-year visa. Apartment owners with a property value of AED 2M (USD 545K) or more can apply for a 10-year Golden Visa, which can include family members and household staff as well.

Economic Attractiveness

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