Off-plan

DAMAC Canal Heights, Dubai

Business Bay, Dubai

Priced from

$340,000

DAMAC Canal Heights, Dubai — photo 1
DAMAC Canal Heights, Dubai — photo 2
DAMAC Canal Heights, Dubai — photo 3
  • 1-4 Beds
  • Handover 2003
  • 376 units
  • DAMAC

Overview

Canal Heights is an ultra-luxury project, located in the business centre of Dubai called Business Bay. The project, which is considered to be the sequel to Chic Tower by DAMAC and de GRISOGONO, will offer studios and 1-2 bedroom apartments. All residents will benefit from exclusive amenities and close proximity to key locations within the emirate.

Canal Heights is an residential project in Business Bay that is the perfect option for those wishing to experience a harmonious lifestyle on the banks of the Dubai Water Canal. The project is expected to be the shimmering sequel to the amazing Chic Tower. The development, created by DAMAC, is branded by de GRISOGONO, who is a well-known Swiss luxury jeweller.

The total number of residences within the project is 376, and each floor offers 14 apartments. Among the units to choose from in DAMAC Canal Heights are studios and 1-2 bedroom apartments. Moreover, there is an opportunity to purchase a full floor, which might interest investors wishing to rent properties out and generate a stable income. From the balconies you will be able to enjoy views of the Dubai Water Canal. You will be able to soak up the luxury right from the moment you enter the lobby of Canal Heights by DAMAC, with a waterfall feature that is possible to pass through. Fluid forms, vibrant colours and effervescent textures will make you fall in love with the tower from the moment you lay your eyes on the building.

Location

Business Bay, Dubai, drive times to key landmarks

  • Burj Khalifa5 min
  • Dubai Mall6 min
  • DIFC8 min
  • Dubai Canal2 min
  • Jumeirah Beach10 min
  • Dubai International Airport20 min

Gallery

DAMAC Canal Heights, Dubai — photo 4
DAMAC Canal Heights, Dubai — photo 5
DAMAC Canal Heights, Dubai — photo 6
DAMAC Canal Heights, Dubai — photo 7
DAMAC Canal Heights, Dubai — photo 8
DAMAC Canal Heights, Dubai — photo 9
DAMAC Canal Heights, Dubai — photo 10

Run your numbers

Payment plan (pre-handover / handover)

Booking (20%)$68,000

12 quarterly installments$11,333 each

On handover (40%)$136,000

Est. gross annual rent$23,800

Projected value in 5 yrs$413,662

5-yr total return (rent + growth)$192,662

Projected 5-yr ROI57%

Illustrative estimates from your own assumptions. Rental returns and appreciation vary significantly by project, location, and market conditions, and none of this is financial advice. GG’s team can walk you through real project numbers.

Explore the Business Bay area guide.

Continue exploring

More in Business Bay