Reemah Elite Real Estate
AI Advisor
Projects·Dubai·Business Bay
Canal Heights 2, apartments in Business Bay, Dubai, by DAMAC Properties
Off-PlanApartments

Canal Heights 2

Business Bay · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
5 photos of Canal Heights 2. Renders and photography supplied by DAMAC Properties.
Price from
AED 1.23M
entry price
Bedrooms
Studio-4BR
Apartments
Handover
Q1 2027
Off-Plan
Est. gross yield
On ask

In Business Bay, Dubai, DAMAC Properties has Canal Heights 2, an apartment project across Studio-4BR homes. Booking takes 20 percent, AED 246,000, and the Land Department takes AED 49,200 on transfer, so AED 295,200 starts it, registration charges aside. Q1 2027 is the stated handover, some 6 months off, and 40 percent of the price, AED 492,000, sits on the far side of it. Asking prices across 43 live units ran AED 981,400 to AED 17,000,000 when we last looked in September 2026. Among 61 priced projects in Business Bay, its AED 1,230,000 start is the 29th lowest, against a AED 1,256,777 median.

Why it makes the list
  • Launch price from AED 1,230,000
  • 60/40 payment plan
  • Handover Q1 2027
  • Studio-4BR homes
Payment structure
60/40
Modelled on entry price AED 1.23M
Booking / down payment20% · AED 246,000
During construction40% · AED 492,000
On handover40% · AED 492,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Canal Heights 2: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 246,000
DLD fee4%
AED 49,200
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 299,700
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Business Bay · Dubai
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DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Track record →
Data provenance

Details for Canal Heights 2 are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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