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 II
Business Bay, Dubai, UAE
DeveloperDamacView developer profileDLD Waiver
—
Discount
—
Handover
Q3 2027
Post Handover
—
Payment Plan
50%
50%
10% down
About Canal Heights II
Welcome to Damac - Canal Heights, branded by de GRISOGONO, a luxurious waterfront living experience that embodies the beauty and perfection of nature's most wondrous creation.... the blue pearl. Outstanding water features such as infinity lap and shell-shaped pools, as well as the essence of the blue pearl, create a timeless, flowing energy throughout the property, transforming it into a multiface…
Floor Plans
Master plans
Project documents
Brochures
Payment schedule
Main
- Deposit
- 10%
- During construction
- 40%
- On handover
- 50%
Market Intelligence
Completed transactions in Canal Heights II
Median sale price/sqft
AED 2,845/sqft
Median sale price
AED 2,306,670
Transaction activity
LiquidityLimited
2 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-20 | Canal Heights II | 1 | 733 sqft | AED 2,139,340 | 2,919 |
| 2024-12-16 | Canal Heights II | 1 | 893 sqft | AED 2,474,000 | 2,770 |
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 II
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 II
- What is the handover date for Canal Heights II?
- Canal Heights II is scheduled for handover in Q3 2027.
- What is the starting price of Canal Heights II?
- Prices start from AED 2,828,000. Contact our team for current availability.
- Who is the developer of Canal Heights II?
- Canal Heights II is being developed by Damac.
- Where is Canal Heights II located?
- Canal Heights II is located in Business Bay, Dubai, UAE.