Business Bay · DAMAC Properties
Canal Heights 2
Canal Heights 2 by DAMAC Properties is a 49-storey residential development in Business Bay, Dubai, offering 1-3 bedroom apartments and duplexes. Located along the Dubai Canal with Q1 2027 handover, the project features curved architecture, pool, gym, spa and children's facilities. Starting from AED 2.8 million.
Key facts
- Price from
- AED 1.2M
- ≈ $334.9K
- Handover
- Q1 2027
- Bedrooms
- 1–3
- Payment plan
- 20/60/20
- Property type
- Apartments
- Size
- 1,063–4,091 sqft
- Status
- Available
- Ownership
- Freehold
Payment plan
20 / 60 / 20
- Down payment
- 20%
- During construction
- 60%
- On handover
- 20%
Buy with confidence
- DLD registration pending verification
- You buy directly from DAMAC Properties — we charge you nothing.
Construction status
Under construction
Units & prices
1BR
1,063–1,077 sqft
AED 2.8M
≈ AED 2,660 per sqft
2BR
1,315–4,091 sqft
AED 3.4M
≈ AED 2,610 per sqft
3BR
2,207+ sqft
AED 5.8M
≈ AED 2,610 per sqft
3BR DPLX
3,097–3,319 sqft
AED 12.8M
≈ AED 4,140 per sqft
Amenities
- Swimming pool
- Gym
- Spa Wellness
- Kids play area
Overview
Canal Heights 2 by DAMAC Properties is a 49-storey residential development in Business Bay, Dubai, positioned along the Dubai Canal. The project offers 1-3 bedroom apartments and duplexes, designed to accommodate diverse buyer profiles from investors and professionals to families.
Unit Options
Available residences include 1-bedroom apartments starting at AED 2,828,000 (1,063–1,077 sqft), 2-bedroom apartments from AED 3,434,000 (1,315–4,091 sqft), 3-bedroom apartments from AED 5,761,000 (2,207+ sqft), and 3-bedroom duplexes from AED 12,808,000 (3,097–3,319 sqft).
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Location & Connectivity
Business Bay offers proximity to Downtown Dubai, Sheikh Zayed Road, DIFC and Dubai International Airport. The Dubai Canal waterfront location provides a distinctive setting within the city's financial and commercial hub.
Amenities & Lifestyle
The development features a pool, gym, spa and wellness facilities, a children's play area, and the Elite Stars Club—a dedicated social and leisure space for residents.
Payment & Handover
The payment plan is structured as 20% down payment, 60% during construction, and 20% at handover. Handover is scheduled for Q1 2027.
Location
Nearby landmarks
- Burj Khalifa1.6 km
- Meydan Racecourse3.9 km
- Dubai Frame6.1 km
- Dubai Creek Harbour7.4 km
Straight-line distances
Nearby
- DoubleTree by Hilton Dubai - Business Bay0.3 km
Floor plans
About the developer
DAMAC Properties
51 projects listed
DAMAC Properties, established in 2002, is a Dubai-based luxury residential developer. The company builds apartments, villas, penthouses and townhouses in master communities including DAMAC Hills, DAMAC Islands, DAMAC Lagoons and Sheikh Zayed Road. Flagship projects include Damac District, Canal Heights and Damac Islands 2 - Maui. The developer describes itself as creating projects blending innovative design with exceptional amenities. Handovers span 2026 to 2030.
All projects by DAMAC PropertiesFrequently asked questions
What are the payment terms for Canal Heights 2?
The payment structure is 20% down payment upon booking, 60% during construction, and 20% at handover. Handover is scheduled for Q1 2027.
What unit types are available at Canal Heights 2?
The project offers 1-bedroom apartments from AED 2,828,000, 2-bedroom apartments from AED 3,434,000, 3-bedroom apartments from AED 5,761,000, and 3-bedroom duplexes from AED 12,808,000.
What amenities does Canal Heights 2 include?
Residents have access to a pool, gym, spa and wellness facilities, a children's play area, and the Elite Stars Club with dedicated social spaces.
Where is Canal Heights 2 located?
The development is in Business Bay along the Dubai Canal, with proximity to Downtown Dubai, Sheikh Zayed Road, DIFC and Dubai International Airport.
When is the handover date?
Canal Heights 2 is scheduled to hand over in Q1 2027.
Who is the developer?
Canal Heights 2 is developed by DAMAC Properties.
Listing updated Oct 4, 2026
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