Off-plan
Sales Started: 10 Jun 2023

Canal Heights 2

Launch price 2M AED*

*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

Key information

  • Delivery date

    September 2027

  • Sale starts

    June 10, 2023

  • Location
  • Payment plan
  • Number of buildings
  • Property types

    Apartment, Duplex

  • Government fee

    4%

Payment plan

  • 20%

    Down payment

    At sales launch

  • 60%

    During construction

  • 20%

    On handover

  • Project timeline

    • Project announcement

    • Booking Started

    • Construction Started

    • Expected Completion

    Units

    from developer

    apartment

    Layout typeSize (sqft)Floor plan
    Type D920
    Type A1,002
    Type C892
    Type I1,072
    Type E943
    Type B1,033
    Type F942
    Type G1,038
    Type H1,054
    Layout typeSize (sqft)Floor plan
    Type A1,338
    Type K1,867
    Type F1,319
    Type E1,303
    Type M3,999
    Type C1,346
    Type G1,363
    Type H1,348
    Type L2,110
    Type J1,828
    Type B1,334
    Type D1,327
    Type I1,378
    Layout typeSize (sqft)Floor plan
    Type B3,095
    Type D3,357
    Layout typeSize (sqft)Floor plan
    Type A4,666

    duplex

    Layout typeSize (sqft)Floor plan
    Type A3,078
    Type C3,309

    available in this project.

    About the project

    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.


    Prime Location in Business Bay


    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.


    Amenities


    Canal Heights 2 is equipped with exceptional amenities for a comfortable, luxurious lifestyle:


    • F&B Outlets: A range of dining options available within the complex.
    • Gymnasium: State-of-the-art fitness facilities.
    • Kids’ Play Area: A secure and fun space for children.
    • Canal Views: Breathtaking views of the Dubai Canal.


    Striking Design and Architecture


    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.


    Housing Options


    Canal Heights 2 offers a variety of units, catering to different lifestyle needs:


    • Studio Apartments: Ideal for singles or couples seeking a cozy yet stylish space.
    • 1-Bedroom Apartments: Perfect for professionals and small families looking for more room.
    • 2, 3, and 4-Bedroom Apartments and Duplexes: Spacious options with stunning views, designed for larger families or those desiring more space and luxury.


    Community Features


    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.


    Investment Opportunity


    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.

    Location

    Map preview
    Community Image
    Community Insights
    Canal Heights 2

    Price Range:

    994K-3.6M AED

    Amenities

    • Health Club
    • Gymnasium
    • Restaurants
    • Shared Pool
    • Security

    Sold history for Canal Heights 2

    TypeAEDArea (sqft)Date sold
    Studio apartment1,412,00047722 Apr 2025
    1 bed apartment2,545,4101,0131 Feb 2025
    2 bed apartment3,547,0001,2908 Feb 2025
    3 bed apartment5,371,6802,19627 Sep 2024

    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.

    Estimated rent you could get

    This rental estimate is calculated based on the current ROI of Business Bay. The estimated rental price represents the ROI percentage of the average sale price.
    TypeRental YieldEstimated rent (AED/year)
    1 bed apartment8 %105,095
    2 bed apartment7 %177,863

    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.

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    Frequently asked questions

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