Canal Heights
Canal Heights Offered by Buy Dubai Off-Plan
Canal Heights

Canal Heights

by DAMAC in Business Bay View on map Handover soon

Starting price
AED 1,250,000
Payment plan
50/50
Handover
Q2 2027

≈ € 300,000

Project details

Starting price AED 1,250,000 ≈ € 300,000 What will my monthly payments be?
Payment plan 50/50 50% during construction, 50% at handover
Handover Q2 2027 Handover soon
Bedrooms Studio
Property type
Apartment
Floor area
41 to 418 m²
Developer
DAMAC
Location
Business Bay
Project brochure
Free, with no obligation

The Canal Heights brochure

Download the brochure for Damac Canal Heights van Damac Properties in Business Bay for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Canal Heights

  • Luxury apartments with views of the canal and the skyline

  • Prime location in the heart of Business Bay, Dubai

  • Modern amenities and exclusive services

  • Easy access to top destinations such as the Burj Khalifa and Downtown Dubai

  • Favourable payment plan with flexible terms

Canal Heights at Business Bay (Dubai): Luxury homes by Damac

Damac Canal Heights is a prestigious real estate project in the vibrant Business Bay, developed by the renowned Damac Properties. This project offers a unique blend of luxury, comfort, and style, with apartments ranging from studios to two-bedrooms. The residences are designed with an eye for detail and offer breathtaking views of the canal and Dubai’s iconic skyline. The project builds on the success of the first Chic Tower and introduces a new standard in luxurious living. Residents can enjoy a carefree lifestyle, surrounded by high-quality amenities and excellent connectivity to key landmarks such as the Burj Khalifa and Downtown Dubai. The handover is scheduled for the second quarter of 2027, making this an attractive investment for both residents and investors.

Residences and Types

Damac Canal Heights offers a diverse portfolio of residences, including studios, and one and two-bedroom apartments. The areas range from 41.34 m2 to 417.88 m2, ensuring there is a suitable option for every need. The apartments feature high-quality finishes and modern design elements that guarantee a luxurious aesthetic. Each residence is designed so that occupants can enjoy maximum comfort and functionality. The large windows allow for abundant natural light and offer beautiful views of the canal and the skyline. The layout of the homes is optimised, with spacious living areas and practical features. This makes Damac Canal Heights an ideal choice for both young professionals and families looking for a stylish home in a lively environment.

About the developer Damac and the Canal Heights design

Damac Properties is known for its high-quality real estate projects, and Damac Canal Heights is no exception. The building combines modern architecture with functionality, making it a standout in the Business Bay area. The developer has paid great attention to detail, from the luxurious common areas to the high-quality materials used in the apartments. Damac Properties has a proven track record in Dubai and is synonymous with quality and innovation. The project offers not only comfortable homes but also a range of exclusive amenities such as a swimming pool, fitness room, and walking paths along the canal. These elements contribute to an unrivalled living experience where luxury and convenience go hand in hand.

Prime location in Business Bay (Dubai) near key Dubai destinations

The location of Damac Canal Heights in Business Bay is one of the project’s greatest assets. Business Bay is a dynamic area known for its business and residential opportunities, offering a perfect blend of work and leisure. The Burj Khalifa and The Dubai Mall are just a seven-minute drive away, while Dubai International Airport is reachable within sixteen minutes. Furthermore, the Ras Al Khor Wildlife Sanctuary is a fifteen-minute drive away, which is perfect for nature lovers. The area is equipped with numerous restaurants, cafes, and shops, ensuring residents have everything within easy reach. The excellent infrastructure provides simple access to other parts of the city, making Damac Canal Heights an ideal base for both locals and expatriates.

Flexible payment plan for Canal Heights homes

The payment plan for Damac Canal Heights is designed with flexibility and ease in mind. Investors can rely on a transparent and clear payment structure, where 50% of the purchase price is paid during the construction phase and the remaining 50% is due upon handover. This makes the project financially accessible to a wide range of buyers. The payment plan is structured to minimise financial pressure, making it an attractive option for both first-time buyers and experienced investors. For more information on the payment terms or other details, you can contact our property advisor in Dubai, who will be happy to assist you with any questions. This project offers not only a luxurious living experience but also a solid investment opportunity in one of Dubai’s most sought-after locations.

Amenities

Payment plan for Canal Heights

50%50%
50%
During construction, in instalments
AED 625,000
≈ € 150,000
50%
After handover
AED 625,000
≈ € 150,000

Monthly payments and your own funds

How much do you need for Canal Heights, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,163

≈ € 760 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 625,000≈ € 150,000
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 625,000≈ € 150,000
Purchase costs4% DLD fee and mortgage costs
AED 58,683≈ € 14,100
Total funds required
AED 683,683≈ € 164,100
Request finance guidance for Canal Heights
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Canal Heights

Location

Business Bay, Dubai Burj Khalifa: 07 minutes (car) · Dubai Healthcare City: 14 minutes (car)
Open in Google Maps

Travel times from Canal Heights

  • Burj Khalifa: 07 minutes (car)
  • Dubai Healthcare City: 14 minutes (car)
  • Dubai International Airport: 16 minutes (car)
  • Ras Al Khor Wildlife Sanctuary: 15 minutes (car)
  • The Dubai Mall: 07 minutes (car)

About DAMAC

Damac offers an extensive portfolio of off-plan real estate projects in Dubai, ranging from luxury apartments to exclusive villas. These projects are located in prestigious areas such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Off-plan investing with Damac means purchasing a property before construction is completed, which often brings financial advantages. The developer is known for its timely handovers and quality finishes.

On this page, you will find a complete overview of all current off-plan projects by Damac, including details on location, floor area, and payment terms. Contact us for more information on specific projects.

All projects by DAMAC

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.