Overview

Damac Canal Heights Luxury Residences — Business Bay

Damac Canal Heights, branded by de Grisogono, is a newly launched waterfront residential development on the Dubai Water Canal, Business Bay. Comprising two high-rise towers of 37 floors and 376 exclusive residences, the project offers studio, 1 and 2 bedroom apartments from 427 to 1,559 sq.ft, close to Burj Khalifa with modern architecture surrounded by lush green grounds. The waterfront design recreates an Amazonian rainforest with a cascading waterfall facade.

Damac Canal Heights studio prices start from AED 1.25 Million, with 1-bedroom apartments from AED 1.637 Million (610 sq.ft) and larger 2-bedroom homes up to AED 4.49 Million. Buyers book with a 20% down payment plus 4% DLD under an 80/20 payment plan, with completion by Q2 2027. Developed by DAMAC Properties — one of the Middle East's leading luxury developers with branded collaborations including Cavalli, de Grisogono, Trump and Zuhair Murad — this project offers world-class amenities, a signature clubhouse, swimming pools, gym and premium services, with strong ROI potential in one of Dubai's most sought-after addresses.

View full details, floor plans and the current price list for Damac Damac Canal Heights in Business Bay. You can also explore all Damac properties.

At a Glance

Canal Heights Project Highlights

Project Damac Canal Heights by de Grisogono — Business Bay

Developer Damac

Property Type Studio, 1 & 2 Bedroom Apartments

Built-up / Unit Sizes 427 – 1,559 sq.ft

No. of Floors 2 Towers, 37 Floors

Starting Price AED 1.25 Million

Booking Amount 20% Down Payment

Payment Plan 80 / 20 Installment Plan

Location Business Bay, Dubai

Handover Q2 2027

Golden Visa Eligible — AED 2M+ investment

Pricing

Canal Heights Price

Damac Canal Heights price starts at AED 1.25 Million. Buy with a 20% Down Payment booking amount. Request the latest sales offer pricing for the larger layouts, up to the 2 bedroom at Damac Canal Heights. Invest in Dubai real estate — waterfront apartments and marina residences in Business Bay. Visit our experience sales centre, or request the full price list today.

Studios From AED 1.25 Million

Unit Types	Built-up Area	Booking Amount
Studio	427 Sq.ft	20% Down Payment
1 Bedroom	610 – 779 Sq.ft	20% Down Payment
2 Bedroom	1,248 Sq.ft	20% Down Payment
2 Bedroom	1,559 Sq.ft	20% Down Payment

Layouts

Canal Heights Floor Plans

Apartment layouts at Damac Canal Heights run from 427 – 1,559 sq.ft. Orientation matters more than square footage here — the water-facing units are released first and priced accordingly. Click any locked plan to unlock the full gallery, or ask us for the layout of a specific unit.

Master Plan — Community Layout — **Master Plan**Community Layout

1 Bedroom — Floor Plan — **1 Bedroom**Floor Plan

2 Bedroom — Floor Plan — **2 Bedroom**Floor Plan

3 Bedroom — Floor Plan — **3 Bedroom**Floor Plan

Layout A — Floor Plan — **Layout A**Floor Plan

Layout B — Floor Plan — **Layout B**Floor Plan

Gallery

Canal Heights Gallery

Flexible Payments

Flexible Installment Payment Plan

Damac Canal Heights is sold on a 80/20 construction-linked plan — 80% across the build and 20% due on handover. Damac ties each instalment to a construction milestone rather than a calendar date, so payments track real progress on site. Reservation is a 20% Down Payment.

20% Down Payment on Booking

60% During Construction

20% On Handover

Payment plans vary by unit and release. Contact us for the current schedule on the unit you want.

FAQ's

Canal Heights — Frequently Asked Questions

Damac Canal Heights price starts from AED 1.25 Million for a studio (427 sq.ft), with 1-bedroom apartments from AED 1.637 Million (610 sq.ft) and 2-bedroom homes up to AED 4.49 Million. Buyers book with a 20% deposit under an 80/20 plan. Contact us for the current price list.

Damac Canal Heights offers studio (427 sq.ft), 1-bedroom (610–779 sq.ft) and 2-bedroom (1,248–1,559 sq.ft) apartments across two 37-floor towers of 376 residences. Select canal-view units are available on request.

Damac offers a flexible 80/20 payment plan on Canal Heights, with the stated booking amount and the balance across construction and on handover. Ask our advisors for the full schedule.

Canal Heights is located at Business Bay, Dubai, with excellent connectivity to Downtown Dubai, Business Bay, Dubai Marina and Dubai International Airport.

This off-plan development is expected to be completed by Q2 2027.

Canal Heights is developed by DAMAC Properties, a leading Middle East luxury developer since 2002, known for branded residences with Cavalli, de Grisogono, Trump and other global names.

Residents enjoy a signature clubhouse, swimming pools, a fully-equipped gym, indoor and outdoor recreation, children's play areas, landscaped spaces and premium concierge and lifestyle services.

Yes — property investments of AED 2 Million and above qualify buyers and their families for the 10-year UAE Golden Visa, subject to prevailing rules.

Location

Business Bay Location Address

Canal Heights is located at Business Bay, Dubai, a prime Dubai address with excellent connectivity to Downtown Dubai, Business Bay, Dubai Marina and Dubai International Airport.