Canal Heights in Business Bay - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Canal Heights
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
41
31,428
1,292,000
2
129
29,848
3,835,987
The price of an apartment in Canal Heights is 30,000 AED/sqm on average.
Price for off-plan Studio apartment in Canal Heights is 1,292,000 AED or 31,428 AED/sqm. Price for off-plan 2 bedroom apartment in Canal Heights is 3,835,987 AED or 29,848 AED/sqm.
About Canal Heights
'Canal Heights' in 'Business Bay' area project description
Canal Heights is a luxury residential tower developed by DAMAC Properties and branded by Swiss luxury jeweler de GRISOGONO, located directly on the banks of the Dubai Water Canal in the heart of Business Bay. This 43-floor project offers 376 residences, including studios, 1-, 2-, and 3-bedroom apartments, plus penthouses on the top floor, with unit sizes ranging from 427 sq ft for studios to 1,248 sq ft for 2-bedroom units. Luxury floors feature 8-14 units per floor, while ultra-luxury floors provide more exclusive configurations. Construction is underway, with estimated completion in mid-2027.
The architecture draws inspiration from nature's blue pearl, featuring fluid forms, vibrant colors, and effervescent textures. The lobby welcomes residents with a striking walk-through waterfall feature, complemented by multipurpose wellness domes for serene experiences, intimate dining, and private gatherings. Outstanding water elements include infinity lap pools and shell-shaped pools, evoking timeless energy and waterfront serenity.
Amenities elevate daily living with an infinity swimming pool, gymnasium, kids play area, basketball and tennis courts, marina and yacht club, health care center, restaurants, dining outlets, retail outlets, supermarket, 24/7 security, and lush green surroundings. These facilities create a resort-style environment right at home.
Its prime location in Business Bay ensures seamless connectivity to key landmarks like Burj Khalifa and Downtown Dubai. Positioned behind the Business Bay office cluster, it offers canal views from balconies and easy access to a nearby lazy river. To reach the beach, drive 10-15 minutes via Al Khail Road to Jumeirah Beach or Umm Suqeim Beach, or take Sheikh Zayed Road (15-20 minutes) to public beaches like Kite Beach.
Nearby projects include the adjacent Chic Tower, serving as a precursor to Canal Heights, along with other DAMAC developments in the vibrant Business Bay district.
The market positions Canal Heights as a shimmering sequel to Chic Tower, blending harmonious waterfront living with Business Bay's dynamic commercial hub. It appeals to those seeking premium canal-side residences amid Dubai's evolving skyline, with exclusive branding and cutting-edge design setting new luxury standards.