Under Construction
Sales Started: 1 Mar 2023

Canal Heights 2

Launch price 2,624,000 AED*

*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

Key information

Delivery date

September 2027

Payment plan

Property types

Apartment, Duplex

Sale starts

March 1, 2023

Number of buildings

Location

Map preview

Payment plan

20%

Down payment
At sales launch

60%

During construction

20%

On handover

Project timeline

  • Project announcement

  • Booking Started

  • Construction Started

  • Expected Completion

Units

from developer

apartment

Layout typeSize (sqft)Floor plan
Type C1-C12
Type C13-C22
Type C13M-C22M
Type D13M-D22M
Type E5M-E12M
Type E13-E22
Type G1-G3
Type F1-F5
Type F1M-F5M
Type H1-H4
Type I1-I5
Type J1-J7
Type B13-B22
Type A13M-A22M
Type D5M-D12M
Type D1-D12
Type A13-A22
Type B1-B12
Layout typeSize (sqft)Floor plan
Type A5M
Type A6
Type A9M
Type A11
Type B1
Type B1M
Type B3
Type B3M
Type C1-C6
Type C1M-C6M
Type C7-C12
Type D1M-D7M
Type D1-D7
Type E1
Type E1M
Type E2
Type A11M
Type A8M
Type A7M
Type A8
Type C7M-C12M
Type A7
Layout typeSize (sqft)Floor plan
Type G1

duplex

Layout typeSize (sqft)Floor plan
Type A2M

available in this project.

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

Map preview
Community Image
Community Insights
Canal Heights 2

Price Range:

1.2M-5.8M AED

Amenities

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

Sold history for Canal Heights 2

TypeAEDArea (sqft)Date sold
Studio apartment1,120,00048431 Oct 2024
1 bed apartment2,311,82087723 Oct 2024
2 bed apartment1,633,0001,48516 Jul 2024
3 bed apartment5,371,6802,19627 Sep 2024

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 %105,626
2 bed apartment7 %155,893
3 bed apartment7 %250,958

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.

Authorised agencies

HOUSE & HEDGES REAL ESTATE Broker Image

HOUSE & HEDGES REAL ESTATE

Company profile
Stone House Real Estate LLC Broker Image

Stone House Real Estate LLC

Company profile

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Get in touch now for more information.
Get in touch now for more information.