Canal Heights 2

Studios & 1–4 BR Apartments

AED 1,00 mln Starting price
60/40 Payment Plan
Q4 2027 Handover
Canal Heights 2

Buy studios and apartments in Canal Heights 2 by DAMAC Properties, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,000,000
Location Business Bay
Developer DAMAC Properties
Handover Q4 2027
Living Area 436 sq. ft. - 4,666 sq. ft.
Payment Plan 60/40
Bedrooms 1-4 BR
ROI 7%

Canal Heights 2 is a luxurious 44-storey complex in Business Bay, developed by DAMAC Properties in collaboration with the jewellery house de GRISOGONO. The project will be completed in late 2027

Canal Heights 2 is a unique project in the prestigious area of Business Bay. It is located on the picturesque Dubai Water Canal. This exclusive complex is created by the famous developer DAMAC Properties with the artistic touch of a true style icon – the jewellery brand de GRISOGONO. The curved facade of the complex gives the building elegant touches and makes it a true architectural masterpiece. The design of the project is inspired by the sparkle of blue topaz. It harmoniously combines aesthetics and innovative technologies. The complex features various residences, including stylish studios and spacious 1–4 bedroom apartments. It is worth noting that 3–4 bedroom residences will be designed as duplexes. The area of residences varies from 436 sq.ft to 4,666 sq.ft. For future residents, there is an exclusive Elite Stars Club with a unique Jewelry Cafe, an ideal place for gatherings with friends and communication with business partners. The crown jewel of the project will be Star Lake – the infinity pool with a bioluminescent edge and luminous elements that will create the illusion of the night sky.

About Canal Heights 2

Overview of Canal Heights 2

Enjoy an atmosphere of elegant luxury in Canal Heights 2, located in the business district of Dubai. Among units on offer are studios and 1–4 bedroom residences

7%

Average ROI

8–9%

Maximum ROI

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Community

Business Bay is a dynamic and multifunctional area of Dubai, known for business activity, iconic dining venues, recreation spaces, and entertainment venues. This dynamic atmosphere attracts young professionals from all over the world. The proximity to Downtown Dubai, Sheikh Zayed Road, and Dubai International Financial Centre (DIFC) makes the location even more popular.

The area boasts a well-developed transport infrastructure, which provides easy access to key business centers and international airports. So, the area is a good option for businessmen and travellers. Families with children will appreciate a wide range of educational institutions and medical centers. In Business Bay, you can enjoy gourmet dining in the best restaurants, unwind in bars, stroll along the picturesque embankment, or spend time in cozy parks. Business Bay also features luxury hotels, elite real estate, and endless places for family-friendly activities.

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Interior

The interiors of Canal Heights 2 were created together with de GRISOGONO, and this collaboration is reflected in the sophisticated design with elements of jewellery art. The interiors are inspired by the radiance of blue topaz, and the design is dominated by cascading textures and a soft colour palette.

The residences are crafted with premium materials in light beige and white tones. The layouts include cozy bedrooms, stylish kitchens with branded appliances, bathrooms with elite fittings, built-in wardrobes, and exclusive designer furniture. Panoramic windows offer breathtaking views of the vibrant Business Bay and the legendary Burj Khalifa.

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Infrastructure

Canal Heights 2 is located in the popular area of Business Bay, known for its skyscrapers, business centers, recreation areas, and well-developed infrastructure. Within walking distance from the complex, you will find premium restaurants Maru Udon Restaurant, Namah 25 Degrees North Restaurant, Title Brew, Happy Noodles, and Suyaya Restaurant & Cafe, which offer international cuisines.

Within a 5-minute walk, you will get to First Path Montessori Nursery and City School Holdings International. Aspiring entrepreneurs will appreciate the business school of ATMS Education Group, which is reachable within a 10-minute walk. For medical help, you can visit J'Adore Medical Clinic, Covent Clinic, and The Practice Poly Clinic. These medical facilities are located within a 15-minute walk from the project. One of the benefits of the area is the well-developed public transport network. Bus stops Bay Square 1 and Bay Square 2 are reachable on foot. Numerous bus routes will allow you to move around the emirate, especially during rush hours.

Overview

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Amenities of
Canal Heights 2

Future residents of Canal Heights 2 will have access to world-class amenities. They include

Star Lake infinity pool

Star Lake infinity pool

Fitness center

Fitness center

Concierge service

Concierge service

Elite Stars Club
Jewelry Cafe
Gym
Spa
Relaxation area with exclusive treatments
BBQ areas
Children's playground
Promenade along the waterfront
Green gardens
Wellness complex
Multi-level parking with a smart access system
Cafes and restaurants
Lounge areas
Gallery

Floor Plans Canal Heights 2

Property Type
Bedrooms
Area
Starting Price
Apartments
1 Bedroom
Ask for Price
1 Bedroom Apartments
Ask for Price
Bedrooms Bedrooms1
Bathrooms Bathrooms2

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
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2 Bedrooms Apartments
Ask for Price
Bedrooms Bedrooms2
Bathrooms Bathrooms3

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
3 Bedrooms
Ask for Price
3 Bedrooms Apartments
Ask for Price
Bedrooms Bedrooms3
Bathrooms Bathrooms5

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
4 Bedrooms
Ask for Price
4 Bedrooms Apartments
Ask for Price
Bedrooms Bedrooms4

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

Payment Plan
Canal Heights 2

The developer offers a flexible 60/40 payment plan with a 20% booking fee. The next 40% is paid during the construction of the project, and the remaining 40% – after the complex is commissioned

0% Comission
Direct Sales

Types of Payment Plan

Down Payment 20% On Booking
1-16st Instalment 40% During construction
17st Instalment 40% Handover in Q4 2027
Learn More
Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
Canal Heights 2
About Us

Economic Attractiveness

Canal Heights 2 mixes luxury living and promising investment opportunities. The complex is surrounded by high-end restaurants and a picturesque waterfront

Get Full Investment Details

1,40 mln

Median price (AED)

2,860

Median price per sqft (AED)

443

Transactions

Source: Data taken from DXB for the last 3 years, overview - Canal Heights 2

ROI 7%

The proximity to business districts and developed infrastructure make the project attractive to entrepreneurs. Tourists and families with children are also attracted by this convenient location. The iconic sights of Dubai are just 10 minutes away by car. Real estate units in Canal Heights 2 are an excellent investment opportunity. The high demand for premium housing in Business Bay ensures a stable income from long-term rentals. In the future, the residence can be resold profitably, as there is a stable growth in the value of the property.

In Q1 2025, the starting price of a studio in Canal Heights 2 is AED 1M (USD 272K). A 1-bedroom apartment costs from AED 1.8M (USD 490K).

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For Rent

The projected ROI for a 1-bedroom apartment in Canal Heights 2 is 7%. The rental price of a residence will start from AED 100K (USD 27K) per year.

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For Living

Canal Heights 2 in Business Bay is the pinnacle of style and elegance. The project features modern architecture, luxurious amenities, and maximum comfort. Thanks to a convenient location and quick access to the key attractions and areas of Dubai, Canal Heights 2 is ideal for active people who value convenience, exclusivity, and an urban lifestyle.

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For Resale

Investing in off-plan property in Dubai can bring about 15–20% profit in case of resale upon completion of the project.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials Canal Heights 2

Project Materials

Developer Canal Heights 2

DAMAC Properties is one of the leading companies in the Dubai real estate market. It boasts over 20 years of experience and has made significant contributions not only to residential developments but also to the hospitality and entertainment sectors in the region

The company creates unique premium properties that combine style and exclusivity. Thanks to partnerships with global brands such as Versace, Fendi, Bugatti, and Lamborghini, DAMAC Properties offers residences with unique interiors and luxurious vibes. These partnerships transform projects into true works of art that meet the highest standards of quality and sophistication for the most discerning buyers and investors.

Location Canal Heights 2

Canal Heights 2 will be nestled in the southern part of Business Bay on Marasi Drive, just 5 minutes away from Downtown Dubai

The complex is located close to Al Khail Road, which provides easy access to key areas of the emirate. Travel time to Dubai International Airport will take about 20 minutes, and to Al Maktoum International Airport – about 40 minutes. Iconic locations such as Palm Jumeirah, The Walk at JBR, DIFC, Dubai Marina, and Meydan are reachable in 30 minutes. During rush hour, you can always use public transport. The Bay Square 2 bus stop is close to the complex.

Sights & Attractions

KidZania

icon 10 min

Dandelion Light Sculpture

15 min

Foundry art space

15 min

Healthcare facilities

Covent Clini

icon 5 min

J'Adore Medical Clinic

5 min

The Practice Poly Clinic

5 min

Educational institutions

First Path Montessori

icon 5 min

City School Holdings International

5 min

Eman School System

10 min

Transportation

Dubai Int’l Airport

icon 20 min

Bay Square 1 Bus Station

5 min

Bay Square 2 Bus Station

5 min

FAQ

Everything you need to know about the Canal Heights 2. Can't find an answer?

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Where is the location of Canal Heights 2?

The complex is located in Business Bay.

Who is the developer of Canal Heights 2?

The project is being developed by DAMAC Properties.

What are the property types for Canal Heights 2?

Canal Heights 2 offers studios and 1–4 bedroom apartments.

What is the property size in Canal Heights 2?

The area of the residences varies from 436 sq.ft to 4,666 sq.ft.

What are the available amenities in Canal Heights 2?

Occupants will have access to Star Lake infinity pool, Elite Stars Club, Jewelry Cafe, a gym, a fitness center, a spa, a relaxation area with exclusive treatments, BBQ areas, a children's playground, walking alleys along the waterfront, green gardens, multi-level parking with a smart access system, wellness areas, cafes, restaurants, lounge areas, and concierge service.

What are the available views in Canal Heights 2?

From the panoramic windows, you will enjoy stunning views of Business Bay and the iconic Burj Khalifa.

Is Canal Heights 2 a good investment in Dubai?

Canal Heights 2 is a great investment opportunity. The high demand for housing in Business Bay provides a stable rental income. The projected ROI for a 1-bedroom apartment in Canal Heights 2 is 7%. The potential rental income is from AED 100K (USD 27K) per year. Moreover, upon completion of the project, the residence can be resold profitably.

Is Canal Heights 2 a good place to live?

Canal Heights 2 in Business Bay features sophisticated style, elegance, and luxury. The project boasts modern architecture and premium amenities, which create an ideal environment for comfortable living. Thanks to a convenient location that provides quick access to Dubai's main attractions and famous areas, Canal Heights 2 is ideal for people who value comfort and high-class infrastructure. It is the best choice for those who are in search of urban dynamism, coziness, and exclusivity.

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Canal Heights 2
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

Canal Heights 2

Starting Price AED 1,00 mln

Payment Plan 60/40

Handover Q4 2027