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Head office: Office – 403 – Park Heights Square 2, Dubai Hills Estate
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Canal Heights by Damac | House & Hedges

Canal Heights by Damac

Name: Canal Heights by Damac
Brand: DAMAC Properties
Price: 1250000 AED
Availability: InStock
Rating: 4.95 (112 reviews)

Business Bay

Apartments

Studio1 Bedroom Apartment2 Bedroom Apartment3 Bedroom Apartment4 Bedroom Apartment

Project Overview

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Canal Heights is a high-end residential development by DAMAC Properties, created in partnership with the world-famous jewelry brand De Grisogono. Located in the heart of Business Bay, right by the Dubai Water Canal, this project offers a stunning collection of branded apartments. With a striking architectural design inspired by blue pearls, Canal Heights brings a unique blend of modern aesthetics and waterfront luxury. This residential tower aims to redefine urban living through elegant interiors, premium amenities, and direct canal views, making it one of the most desirable addresses in Business Bay.

Project Detail

Starting Price

AED1,250,000

Owner Type

Freehold

Size Range

427 - 1,559

Handover Date

Q2 2027

Project Description

Canal Heights is not just another residential tower; it is a lifestyle destination. Designed for those who value elegance, privacy, and wellness, every detail in Canal Heights is curated to enhance comfort and elevate living standards. Residents can enjoy breathtaking views of the Dubai Water Canal, a tranquil yet vibrant part of Business Bay. The tower’s architecture and interiors reflect a luxurious modern style while offering expansive living spaces. Each unit comes with large windows that allow natural light to pour in, and private balconies provide a perfect retreat with sweeping views. The residential units range from compact, well-designed studios to larger 2-bedroom homes suitable for couples, small families, or investors looking for high ROI properties in a prime Dubai location. With a strong focus on lifestyle and relaxation, Canal Heights includes wellness amenities like yoga domes, a lap pool with iridescent tiles, a shell-shaped wave pool, and even an underwater pearl museum — an experience found nowhere else in Dubai.

Economic Appeal

Canal Heights presents an excellent investment opportunity in Business Bay, a location known for high rental demand and prime connectivity. As of Q1 2023, 1-bedroom apartments in Business Bay generate an average gross ROI of 6.3%. Rental prices start from AED 60,000 per year. Buyers who invest a minimum of AED 750,000 in the project become eligible for a 2-year UAE residency visa. Investors spending AED 2,000,000 or more can apply for a 10-year Golden Visa, making this project attractive not only for lifestyle seekers but also for long-term investors.

Location

Dubai Water Canal- 1.8km

About the Develoepr

DAMAC Properties is one of the most recognized luxury real estate developers in the UAE, known for delivering iconic residential, commercial, and leisure properties. With over two decades of experience and a track record of delivering high-end projects, DAMAC is synonymous with innovation, luxury, and quality. Their collaboration with the luxury jewelry brand De Grisogono further enhances the artistic and luxurious flair of Canal Heights, creating a project that blends design excellence with functionality.