CANAL HEIGHTS

In DAMAC Canal Heights, prices from the developer start at AED 3.52 million (USD 958,500). The project will be completed in Q4 2027.

Canal Heights in Business Bay

The development will be situated within the bustling business community, home to the headquarters of major local and international corporations. It is an appealing neighbourhood for professionals who seek proximity to work without enduring lengthy commutes.

Adjacent to the new development runs Marasi Drive, offering seamless access to all parts of the community and key thoroughfares like Sheikh Zayed (E11) and Ras Al Khor (E 44). The district shares borders with the city centre, a mere 10-minute drive from the building. Downtown Dubai boasts some of the Emirates’ iconic landmarks—the towering Burj Khalifa, the enchanting Dubai Fountain, and the magnificent Dubai Opera. Dubai Mall, with its vast array of shops, including prestigious luxury boutiques, adds to the allure.

The city’s financial hub, DIFC, housing over 5,500 companies, is just a 15-minute drive away. The Jumeirah waterfront community and Dubai International Airport are accessible within a 20-minute drive. Dubai Marina is 25 minutes away.

The community has several nurseries, such as Blossom, Canadian Kids, and Learning Tree. Local medical centres include Covent Clinic and Aster Clinic. The nearest schools, Horizon English School, Dubai International School, and JSS Private School, are within a 15-minute drive of the project. South Ridge Park is just a 10-minute walk away. The well-developed infrastructure makes this area ideal for families looking to minimise travel time around the city.

The district offers a variety of restaurants along the waterfront, where residents can enjoy evenings with views of the landmarks. Pedestrian and cycling paths cater to those who enjoy an active lifestyle.

Apartments in Canal Heights

The project will comprise a total of 376 residences, including studios and 1- and 2-bedroom apartments. The area of the units ranges from 40 to 145 m². They will be complemented by spacious balconies and panoramic windows, offering views of the emirate centre, the Burj Khalifa tower, and the water. The residences will be equipped with kitchen units, built-in wardrobes, and sanitary ware.

Studios will feature open-plan layouts with kitchen, bedroom, and living areas, as well as bathrooms. Larger options will include separate bedrooms with en-suite bathrooms. 2-bedroom apartments will feature walk-in closets. In total, buyers can choose from 22 different layouts.

Canal Heights by DAMAC Properties

DAMAC Properties is one of the largest developers of property in Dubai and the UAE, creating complexes in the emirate’s most sought-after locations. The company’s reliability, advantageous location in the business district, infrastructure facilities within walking distance, and numerous unique amenities directly affect the project’s investment potential.

Business Bay stands out as one of the most sought-after locales for acquiring upmarket apartments. In 2023, the value of off-plan units surged by 27%, soaring to AED 24,760 (USD 6,740) per 1 m². Such appreciation makes purchasing properties in Canal Heights for investment purposes appealing for future resale endeavours.

The district is also renowned as one of the most desirable spots to rent high-end accommodations. In 2023, the average price for such prestigious properties increased by 11%, with a 16% increase observed for apartments in general. Return on investment in the area reaches an impressive 6.6%.