Under Construction
Sales Started: 1 Mar 2023
apartment, duplex

Canal Heights 2 from 1,221,700 AED

Delivery Date Q3 2027
Developer
Damac Properties

Canal Heights 2: A New Era of Luxury Living by DAMAC Properties

Summary

Get ready to be astounded by the truly spectacular way of life offered by the brand-new Canal Heights 2 property, created by the renowned DAMAC Properties. With its selection of studios, 1, 2 -bedroom apartments, and 3, 4- bedroom duplexes, this stunning high-rise in the centre of Business Bay, Dubai, is set to revolutionise luxury living.

Outstanding Location

Business Bay, where Canal Heights 2 is located, is a thriving, busy area with lots of places to go and things to do. With easy access to major business districts, retail areas, and entertainment venues, this advantageous location offers inhabitants an unmatched urban lifestyle.

Amenities:

  • F&B outlets
  • Gymnasium
  • Kids play area
  • Canal views 
  • Outstanding Design and Architecture

Captivating designs and decor set Canal Heights 2's dynamic and curving facade apart. The architecture's flawless integration of the aesthetic, which was inspired by the essence of blue topaz, creates a tranquil setting that speaks volumes about DAMAC's unique brand of luxury.

Housing Alternatives

There are several different housing options in Canal Heights 2, ranging from small studio apartments to enormous 4-bedroom duplexes:

-Studio flats:These apartments are perfect for single people or couples who want a small, comfortable accommodation with first-rate amenities.

- Apartments with one bedroom: These slightly larger apartments are ideal for professionals who want to work from home or for small families.

- Apartments with 2, 3, and 4 bedrooms and duplexes: Larger families can stay in these spacious flats, which also provide beautiful views of the surrounding countryside and a magnificent living environment.

Characteristics of the Community

You can live a life of luxury and pleasure with Canal Heights 2's special community features. Landscaped walkways, a stunning, ultra-modern starlight club, and a range of excellent dining alternatives are available to locals. There are many upscale boutiques nearby, so you might perhaps indulge in some retail therapy.

A Valuable Investment

Considering that Canal Heights 2 is currently being developed and is anticipated to be finished in Q3 2027, this is a great time to invest in the property.which is a fair investment given the project's many facilities, excellent location, and the good track record of developer DAMAC Properties.

Conclusion

More than just another housing development, Canal Heights 2 exemplifies DAMAC Properties' commitment to offering a superior standard of living. It is a fantastic choice for professionals, families, and investors alike due to its outstanding location and interesting style.

Payment plan

20%

Down payment
At sales launch

60%

During construction

20%

On handover

Units

from developer

apartment

Studio

0-0

sqft

from

1,221,700 AED

1 Bed

0-0

sqft

from

1,749,000 AED

2 Beds

0-0

sqft

from

3,483,270 AED

duplex

3 Beds

0-0

sqft

from

5,777,000 AED

4 Beds

0-0

sqft

from

5,777,000 AED

available in this project.

Project masterplan

Amenities

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

Sold history for Canal Heights 2

TypeAEDArea (sqft)Date sold
Studio apartment1,267,00044824 Apr 2024
1 bed apartment2,472,9609161 May 2024
2 bed apartment3,683,0001,34913 May 2024
3 bed apartment5,688,0002,19618 Sep 2023

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 %105,364
2 bed apartment7 %168,909
3 bed apartment7 %253,471
4 bed apartment6 %355,055

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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