What is the handover date for Damac - Canal Heights I - Apartment?

Damac - Canal Heights I - Apartment is scheduled for handover in Q3 2027.

What is the starting price of Damac - Canal Heights I - Apartment?

Prices start from AED 3,538,000. Contact our team for current availability.

Who is the developer of Damac - Canal Heights I - Apartment?

Damac - Canal Heights I - Apartment is being developed by DAMAC Properties.

Where is Damac - Canal Heights I - Apartment located?

Damac - Canal Heights I - Apartment is located in Canal Heights 2, Business Bay, Dubai, UAE.

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Damac - Canal Heights I - Apartment

Canal Heights 2, Business Bay, Dubai, UAE

DeveloperDAMAC PropertiesView developer profile

DLD Waiver

—

Discount

—

Handover

Q3 2027

Post Handover

—

Payment Plan

64%

40%

24% down

Starting price

AED 3,538,000

64/40 · 24% down

Project documents

Brochures

Not available yet

Payment schedule

Main

Deposit: 24%
During construction: 40%
On handover: 40%

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 Damac - Canal Heights I - Apartment

Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.

• 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 Damac - Canal Heights I - Apartment

What is the handover date for Damac - Canal Heights I - Apartment?: Damac - Canal Heights I - Apartment is scheduled for handover in Q3 2027.
What is the starting price of Damac - Canal Heights I - Apartment?: Prices start from AED 3,538,000. Contact our team for current availability.
Who is the developer of Damac - Canal Heights I - Apartment?: Damac - Canal Heights I - Apartment is being developed by DAMAC Properties.
Where is Damac - Canal Heights I - Apartment located?: Damac - Canal Heights I - Apartment is located in Canal Heights 2, Business Bay, Dubai, UAE.