Canal Heights
Business Bay, Dubai

Canal Heights

Canal Heights is a premium residential development by DAMAC Properties in collaboration with De Grisogono, in the coveted area of Business Bay.

Launch Price
1.25m
Handover
Q2 2027
Number of Units
376

Project Overview

Canal Heights is a premium residential development by DAMAC Properties in collaboration with De Grisogono, in the coveted area of Business Bay. Reminiscent of the blue pearl, the sleek complex features 376 branded studios and 1-2 bedroom apartments with chic interiors and spacious layouts. When residing in Canal Heights, you will be able to enjoy a stunning view of the Dubai Water Canal from the comfort of your own home. The property sizes in this gorgeous development range from 427 sq. ft to 1,559 sq. ft, with a floor-to-ceiling height of 11 ft. There are also full floors on offer with a total area varying between 5,915 sq. ft and 8,876 sq.

  • Location
  • Developer
  • Property type
    Apartments
  • Number of bedrooms
    1-2, Studios
  • Area from
  • Handover
    Q2 2027
  • Payment Plan
    80/20
  • Number of units
    376

Floor Plans

Studio

Apartments

Floor plan
Starting price: 1.25m
Living area:
Price per 2.92k

1 Bedroom

Apartments

Floor plan
Starting price: 2.17m
Living area:
Price per 2.55k

1 Bedroom

Apartments

Floor plan
Starting price: 1.67m
Living area:
Price per 2.73k

2 Bedrooms

Apartments

Floor plan
Starting price: 3.44m
Living area:
Price per 2.60k

2 Bedrooms

Apartments

Floor plan
Starting price: 3.42m
Living area:
Price per 2.74k

View All Floor Plans in One Click

Payment Plan

A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!

  • On Booking

    24%

    Payment
  • On construction

    56%

    Payment
  • On Handover

    Q2 2027

    20%

    Payment

Amenities

These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.

  • Yoga Area icon

    Yoga Area

  • Entertainment Centre icon

    Entertainment Centre

  • Infinity Pool icon

    Infinity Pool

  • Gaming Area icon

    Gaming Area

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    Business Bay , Dubai

    Business Bay offers a prime central location with excellent connectivity to key areas of the city. The area is well-served by public transportation, including the Business Bay metro station, and provides easy access to major attractions such as Dubai Mall and Safa Park. Its strategic position makes it ideal for professionals in Dubai’s financial sector, while also offering residents stunning views of the city’s skyline and proximity to world-class entertainment, shopping, and dining options in nearby Downtown Dubai.

    Click a pin to see route and travel time

    Explore the Area

    Explore all future developments around this property

    About the Developer

    DAMAC Logo

    DAMAC

    DAMAC Properties has been constructing significant real estate projects in the Middle East for over 20 years. In addition, the developer operates in Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom.

    • 203

      Completed projects

    • 2002

      Year of foundation

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    FAQ

    • What is the address of Canal Heights?

      Canal Heights will be located in Business Bay, at the junction of Marasi Dr and Al Asayel St.

    • What are the unit types on offer?

      The development offers a collection of studios and 1-2 bedroom apartments, as well as full floor units.

    • What are the unit types on offer?

      Currently, the project is under construction. The estimated completion date of Canal Heights is planned for Q2 2027.

    • What is the completion date of Canal Heights?

      Currently, the project is under construction. The estimated completion date of Canal Heights is planned for Q2 2027.

    • Can I obtain residency if I buy property in Canal Heights?

      Yes, you can obtain a long-term visa upon a property purchase in Canal Heights. Dubai has several residence-by-investment programmes depending on the real estate price.

    • Can I obtain residency if I buy property in Canal Heights?

      Yes, you can obtain a long-term visa upon a property purchase in Canal Heights. Dubai has several residence-by-investment programmes depending on the real estate price.

    • Can a foreigner buy property in Canal Heights?

      Any nationality is allowed to buy property in this complex, since it is freehold. This means that you are granted 100% property ownership for an unrestricted amount of time.

    • Is an apartment in Canal Heights a good investment?

      An apartment in Canal Heights is a highly lucrative investment option, since similar 1-bedroom units in Business Bay generate a gross yield of 6.3% on average. Additionally, buyers of full floor units can take advantage of a 2% discount as part of the promotion campaign. When living here, you will be granted full access to yoga domes, an underwater pearl museum, a shell-shaped waves pool and much more.

    • Is Canal Heights a good place for living in Dubai?

      Canal Heights is a fantastic place for residing in Dubai, especially for young business professionals, because the development will be surrounded by Grade-A offices and state-of-the-art business facilities.

    • What are the pros and cons of living in Business Bay?

      Business Bay is one of the most popular areas in Dubai, since it boasts an excellent social infrastructure, with nurseries, groceries, medical facilities and more. That being said, within walking distance you can reach Carrefour, Jumeirah International Nursery and Modern Vet Downtown, just to name a few.

    About Metropolitan Premium Properties

    Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.

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    About Metropolitan Premium Properties
    • 18+

      years of experience

    • 7000+

      listings in the database

    • 120+

      industry awards

    • 500+

      agents across all offices

    More about us

    Our Services

    01

    Property Management

    Full property management — from valuation and tenant sourcing to payment control and legal support.

    • Tenant selection and screening
    • EJARI registration and lease renewals
    • Handling technical and legal matters
    Learn more
    02

    Consulting

    Comprehensive corporate and legal support in the UAE — from company registration and bank account opening to visa processing, inheritance and notary services.

    • Company formation and licensing
    • Bank account opening
    • Property gifting & wills
    Learn more
    03

    Escrow and Conveyancing

    Escrow and conveyancing services — full due diligence of the property and parties, payment calculations, coordination with DLD, banks and developers, secure fund transfer and title deed registration.

    • Off-plan and secondary properties
    • Cash and mortgage transactions
    • Remote execution via Power of Attorney
    Learn more
    04

    Property Handover

    Property handover assistance — organizing the handover procedure, verifying property readiness and collecting all required documentation from the developer or seller.

    • Document and property verification
    • Utility connections
    • Collection of handover documents and warranties
    Learn more
    05

    Snagging Inspection

    Professional snagging inspection before handover — identification of construction defects and supervision of rectification within the warranty period.

    • Inspection of engineering systems
    • Quality control
    • Negotiation with the developer
    Learn more
    06

    Mortgage Assistance

    Full mortgage assistance in the UAE — from selecting the optimal program and obtaining pre-approval to bank coordination and transaction completion.

    • Ready property mortgages
    • Off-plan financing
    • Sharia-compliant programs
    Learn more
    07

    Interior Design

    Comprehensive interior design and furnishing services — from concept and 3D visualization to furniture selection, procurement and full project supervision.

    • Design project
    • Author supervision
    • Furnishing
    Learn more
    08

    Residence Visas

    Complete support with all types of residency visas — from document preparation and medical tests to obtaining the Emirates ID.

    • Property Investor Visa
    • Golden Visa
    • Family Visa
    Learn more

    Our Achievements

    1st place

    Arada Broker Awards 2025

    2nd place

    One Broker Group 2024

    1st place

    The Black Onyx Awards 2024

    2nd place

    Omniyat Broker Awards 2024

    3rd place

    Alhamra Top Broker of the Year 2023

    1st place

    TAG Top Partner 2023

    3rd place

    DAMAC Broker Awards 2023

    3rd place

    IRTH Broker Awards Q3 2024

    What Clients Say About Us

    4.7

    Star
    I had a really great experience with the purchase of two apartments as well as renting out especially with Maria Fuset who is extremely helpful and very communicative!!
    It is indeed very good
    We cannot recommend Vian highly enough! From the very beginning, she went above and beyond to make our dream of finding the perfect home a reality. Thanks to her dedication, we found our ideal home in Arabian Ranches. What truly sets Vian apart is that her support didn't stop once we...
    Excellent service from start to finish. Raghu was professional, responsive, and made the property buying process smooth and stress-free. Highly recommended!
    Excellent.
    Raghu’s service has been great.
    I have made very good experiences with Metropolitan Properties. I have worked with Raghu Nair - he is very responsive and available 24/7, he has the right instict for the best units and fights like a tiger to get them for his clients :-)
    Top company, I recommend
    Excellent service from Raghu Nair at Metropolitan Premium Properties. He was professional, responsive, and guided us smoothly throughout the entire process. Highly recommended!
    I recently bought a secondary unit with Raghu. I had a seamless experience and he tries to be as helpful as possible. Would 100% recommend working with them especially for secondary sales.
    Raghu is the best of the best sales person and always doing the close follow up Highly recommended
    I want to share my experience with Mr. Raghu Nair, his excellence in the way to bring exactly what the customer need , his support 24/7 , he can advice with any questions regarding documents, payments, locations . Thank you
    Had a great experience with Metropolitan properties especially with Mr Raghu Nair who is hardworking sincere and honest in his dealings with clients. From assisting in looking out for options to helping get tenants for my apartment to getting mortgage loans, he has been meticulously h...
    Mr Raghu Nair was extremely helpful, courteous, honest and guided us all along to complete the transaction. He answered all our queries and was available 24/7.
    They are the best I had deal with them many times Many Thanks Specifically mr Raghu Nair