![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 "Avarra by Palace")
From: 2.8M AED
Dubai, Business Bay, Avarra by Palace
Off-plan
Delivery Date: Q3 2027
Canal Heights 2
Launch price 2.8M AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.
Developer
Damac Properties
Key information
- Delivery date
September 2027
- Sale starts
June 10, 2023
- Location
- Payment plan
- Number of buildings
- Property types
Apartment, Duplex
- Government fee
4%
- Ownership type
Freehold
Similar projects like this
![image of Sobha Skyparks by Sobha Realty, Dubai, Business Bay, Sobha Skyparks — [1]](https://new-projects-media.propertyfinder.com/project/a1f34fcf-aa63-4440-9806-0cf9a5fbb39f/gallery/image/X5H7yAmtn8rLdCwNoZLUCo1fwEys9oiMA73klDPQ0TU=/medium.webp "Sobha Skyparks")
![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 "Safa Two Tower B")
![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 "Club Place")
![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 "City Walk Crestlane Phase 5")
![image of Golf Hillside by Emaar Properties, Dubai, Dubai Hills Estate, Golf Hillside — [1]](https://new-projects-media.propertyfinder.com/project/95b2c926-61cd-4d05-93fc-b21071762d9b/gallery/image/H0aj4WhnEBrEH2RdUo8HYrPoiJd_BBjaOg5mWnsErFQ=/medium.webp "Golf Hillside")
Payment plan
20%
Down payment
At sales launch
60%
During construction
20%
On handover
Project timeline
Project announcement
Booking Started
Construction Started
Construction progress: 22.56%
Latest update: December 27, 2025
Expected Completion
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
Amenities
- • Health Club
- • Gymnasium
- • Restaurants
- • Shared Pool
- • Security
Units
from developer
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type D | 920 | 2 | |
| Type A | 1,002 | 2 | |
| Type B | 1,033 | 2 | |
| Type C | 892 | 2 | |
| Type E | 943 | 2 | |
| Type F | 942 | 2 | |
| Type G | 1,038 | 2 | |
| Type H | 1,054 | 2 | |
| Type I | 1,072 | 2 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A | 1,338 | 3 | |
| Type F | 1,319 | 3 | |
| Type H | 1,348 | 3 | |
| Type K | 1,867 | 3 | |
| Type C | 1,346 | 2 | |
| Type E | 1,303 | 3 | |
| Type G | 1,363 | 3 | |
| Type B | 1,334 | 3 | |
| Type D | 1,327 | 3 | |
| Type I | 1,378 | 3 | |
| Type J | 1,828 | 3 | |
| Type L | 2,110 | 3 | |
| Type M | 3,999 | 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.
Sold history for Canal Heights 2
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| Studio apartment | 1,308,000 | 459 | 30 Dec 2025 |
| 1 bed apartment | 2,958,120 | 949 | 9 Apr 2026 |
| 2 bed apartment | 4,011,040 | 1,314 | 12 Mar 2026 |
| 3 bed apartment | 5,829,000 | 2,208 | 16 Oct 2025 |
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.| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 1 bed apartment | 8 % | 97,899 |
| 2 bed apartment | 7 % | 168,767 |
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.
This project might be sold out. Contact an agency for more information or similar projects.