![Avarra by Palace image of Avarra by Palace by Emaar Properties, Dubai,Business Bay,Avarra by Palace — [1]](https://new-projects-media.propertyfinder.com/project/4b93ef5b-25a3-448c-b6a7-63e36301166e/gallery/image/QoTEnWyO4lYdadxkl4wdY4jAuBtKSNbkweOM_2sQCWw=/medium.webp)

From: 2.8M AED
Dubai,Business Bay,Avarra by Palace
Launch price 2.8M AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

September 2027
June 10, 2023
Apartment, Duplex
4%
Freehold
![Avarra by Palace image of Avarra by Palace by Emaar Properties, Dubai,Business Bay,Avarra by Palace — [1]](https://new-projects-media.propertyfinder.com/project/4b93ef5b-25a3-448c-b6a7-63e36301166e/gallery/image/QoTEnWyO4lYdadxkl4wdY4jAuBtKSNbkweOM_2sQCWw=/medium.webp)

From: 2.8M AED
Dubai,Business Bay,Avarra by Palace
![Safa Two Tower B image of Safa Two Tower B by Damac Properties, Dubai,Business Bay,Safa Two — [1]](https://new-projects-media.propertyfinder.com/project/3fa4817e-5043-4c4c-9653-8dd0212b1286/gallery/image/pNbGwP9BQoe8B1BssGBUxPh8ApoQ8D6gUjgZ9QxVIqI=/medium.webp)

From: 3M AED
Dubai,Business Bay,Safa Two
![City Walk Crestlane Phase 5 image of City Walk Crestlane Phase 5 by Meraas Holding, Dubai,City Walk,City Walk Crestlane,City Walk Crestlane 5 — [1]](https://new-projects-media.propertyfinder.com/project/d7356e52-a954-4ba1-8343-722be388feb7/gallery/image/aYB_etCJyr7pX-7qmpUv5nurwArnoklSxbR2twSNBJA=/medium.webp)

From: 2.8M AED
Dubai,City Walk,City Walk Crestlane,City Walk Crestlane 5
![Club Place image of Club Place by Emaar Properties, Dubai,Dubai Hills Estate,Club Place — [1]](https://new-projects-media.propertyfinder.com/project/db06dcdb-3e87-4ad7-b906-a326a4c7316f/gallery/image/2LxLuQh0NPNgo3z8aSF6wGYLsIfM98qqMgBxGbX2dAI=/medium.webp)

From: 2.9M AED
Dubai,Dubai Hills Estate,Club Place
![Al Habtoor Tower image of Al Habtoor Tower by Al Habtoor Group, Dubai,Business Bay,Al Habtoor City,Al Habtoor Tower — [1]](https://new-projects-media.propertyfinder.com/project/f74891b0-33d1-4ac9-a268-f70e2a211959/gallery/image/e3XsT29MXAb55XI32GqWHtWgmkh_McAMZZ1hbXNMlWQ=/medium.webp)

From: 2.4M AED
Dubai,Business Bay,Al Habtoor City,Al Habtoor Tower
![Fairmont Residences Solara Tower By Sol image of Fairmont Residences Solara Tower By Sol by Sol Properties, Dubai,Downtown Dubai,Fairmont Residences Solara Tower — [1]](https://new-projects-media.propertyfinder.com/project/32d92cda-2e54-47bb-90e7-fe67cbf94c97/gallery/image/TaxK5kOV5e06gBTUuRUUVAqnzNH5P04xZNg7dLyGPaY=/medium.webp)

From: 2.7M AED
Dubai,Downtown Dubai,Fairmont Residences Solara Tower
20%
Down payment
At sales launch
60%
During construction
20%
On handover
Project announcement
Booking Started
Construction Started
Construction progress: 22.56%
Latest update: December 27, 2025
Expected Completion
Canal Heights 2, developed by the esteemed DAMAC Properties, is a magnificent high-rise in the heart of Business Bay, Dubai. Featuring studio, 1, 2-bedroom apartments, and 3, 4-bedroom duplexes, this development is set to transform luxury living through elegant architecture, a prime location, and a host of premium amenities.
Located in Business Bay, one of Dubai’s most dynamic and connected areas, Canal Heights 2 offers residents immediate access to prominent business districts, retail centers, and entertainment venues, providing a lively urban lifestyle balanced with convenience.
Canal Heights 2 is equipped with exceptional amenities for a comfortable, luxurious lifestyle:
Inspired by the tranquil beauty of blue topaz, the dynamic, curving facade of Canal Heights 2 reflects DAMAC’s commitment to creating a unique luxury environment. Its architecture seamlessly integrates aesthetics and function, creating a serene yet visually captivating experience.
Canal Heights 2 offers a variety of units, catering to different lifestyle needs:
The community at Canal Heights 2 provides an ideal setting for a life of comfort and style, featuring landscaped walkways, a modern Starlight Club, and various premium dining options. High-end boutiques and shopping options add to the luxury experience.
With a completion date set for Q3 2027, Canal Heights 2 presents an excellent investment opportunity. Its desirable location, luxurious amenities, and DAMAC’s reputation make this development appealing to both investors and prospective homeowners.
Canal Heights 2 by DAMAC Properties stands out as a sophisticated living option that exemplifies luxury. With its premium amenities, striking design, and ideal location in Business Bay, this development is an outstanding choice for professionals, families, and investors alike looking to experience an elevated lifestyle in one of Dubai’s most vibrant districts.

Business Bay features 396 buildings. Average sale prices have increased by 26.8% YoY, with 7,331 sale transactions recorded over the past 12 months.
I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.
Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views
Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.
One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.
Amazing
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type D | 920 | 2 | |
| Type A | 1,002 | 2 | |
| Type H | 1,054 | 2 | |
| Type C | 892 | 2 | |
| Type B | 1,033 | 2 | |
| Type G | 1,038 | 2 | |
| Type F | 942 | 2 | |
| Type E | 943 | 2 | |
| Type I | 1,072 | 2 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type J | 1,828 | 3 | |
| Type A | 1,338 | 3 | |
| Type L | 2,110 | 3 | |
| Type C | 1,346 | 2 | |
| Type E | 1,303 | 3 | |
| Type G | 1,363 | 3 | |
| Type M | 3,999 | 3 | |
| Type F | 1,319 | 3 | |
| Type H | 1,348 | 3 | |
| Type K | 1,867 | 3 | |
| Type B | 1,334 | 3 | |
| Type D | 1,327 | 3 | |
| Type I | 1,378 | 3 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type D | 3,357 | 5 | |
| Type B | 3,095 | 4 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A | 4,666 | 6 |
duplex
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A | 3,078 | 5 | |
| Type C | 3,309 | 5 |
available in this project.
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| Studio apartment | 1,313,000 | 458 | 26 Jun 2026 |
| 1 bed apartment | 2,291,000 | 823 | 15 Jul 2026 |
| 2 bed apartment | 3,627,100 | 1,330 | 29 Jul 2026 |
| 3 bed apartment | 5,761,000 | 2,207 | 13 Apr 2026 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 1 bed apartment | 7 % | 92,867 |
| 2 bed apartment | 7 % | 159,698 |
| 4 bed apartment | 6 % | 781,288 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
These brokers are verified by the Dubai Land Department (DLD) and authorized to advertise this project.