Developer Deal
From
AED 2,754,000
Handover
Q1 2027
Payment Plan
70/30
Down Payment
20%
Back to Developer DealsDeveloperDamacView developer profile
Canal Heights I
Business Bay, Dubai, UAE
DeveloperDamacView developer profileDLD Waiver
—
Discount
—
Handover
Q3 2027
Post Handover
—
Payment Plan
50%
50%
10% down
About Canal Heights I
Damac Canal Heights is the new rise of luxury development byDamac Properties atBusiness Bay, Dubai offering studios, 1 and 2 bedroom apartments with exclusiveCanal views. A new height addition in the success of the first Chic Tower, which offers users an iconic lifestyle. Where you simply get to explore the most of life with pleasures and fun.
Floor Plans
Master plans
Project documents
Brochures
Payment schedule
Main
- Deposit
- 10%
- During construction
- 40%
- On handover
- 50%
Market Intelligence
Completed transactions in Business Bay
Median sale price/sqft
AED 2,226/sqft+9.1%
Median sale price
AED 1,540,000
Gross rental yield
6.2%
Median annual rent
AED 95,040
Median price/sqft over time
Jan 24Range AED 1,993 – AED 2,291Dec 24
Community activity
LiquidityStrongPrice momentumRising
16,111 sales and 26,031 rentals in the last 12 months
Primary vs resale
Primary 52.9%Resale 47%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Al Habtoor Tower | 2 | 1,468 sqft | AED 4,166,752 | 2,838 |
| 2024-12-31 | Al Habtoor Tower | 3 | 1,820 sqft | AED 6,143,158 | 3,376 |
| 2024-12-31 | Al Habtoor Tower | 3 | 1,820 sqft | AED 6,143,158 | 3,376 |
| 2024-12-31 | Al Habtoor Tower | 2 | 1,468 sqft | AED 4,166,752 | 2,838 |
| 2024-12-30 | Binghatti Skyrise Tower B | Studio | 434 sqft | AED 975,000 | 2,247 |
| 2024-12-30 | Binghatti Skyrise Tower C | 2 | 1,397 sqft | AED 3,241,000 | 2,319 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Canal Heights I
Our team will send you the complete payment schedule, floor plans and current offer from Damac.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Canal Heights I
- What is the handover date for Canal Heights I?
- Canal Heights I is scheduled for handover in Q3 2027.
- What is the starting price of Canal Heights I?
- Prices start from AED 3,538,000. Contact our team for current availability.
- Who is the developer of Canal Heights I?
- Canal Heights I is being developed by Damac.
- Where is Canal Heights I located?
- Canal Heights I is located in Business Bay, Dubai, UAE.