Under Construction
Sales Started: 1 Mar 2023
apartment

Canal Heights from 1,250,000 AED

Delivery Date Q2 2027

Damac Canal Heights: A New Benchmark in Premium Living

Dubai is well-known for its stunning architectural wonders and opulent way of life. Now, DAMAC Properties, a renowned developer, introduces you to Damac Canal Heights, their most recent luxury development. This building, located in the vibrant Business Bay, offers a wonderful selection of studios and 1- and 2-bedroom apartments with luxurious amenities and an unrivaled canal view. It is a continuation of the renowned Chic Tower and hence promises an improved living environment.

Location: The Vibrant Business Bay

The placement of Damac Canal Heights is unquestionably a distinguishing trait. This property, located in Dubai's thriving Business Bay, gives residents unparalleled access to important monuments and hotspots. Everything, from the breathtaking Burj Khalifa to the thriving Downtown Dubai, is a short distance away. At Damac Canal Heights, enjoy a first-class lifestyle that perfectly combines excellent connectivity with close proximity to necessary amenities.

Unique Features and Benefits

Every unit has a stunning view of the canal and the city skyline, setting it apart from the competition with its iconic, fashionable, and unsurpassed design.

It provides access to a calm river that is perfect for a relaxing getaway.

Sub-Communities and Amenities

- It offers customized services to fit your lifestyle and personality. 

- It is close to important facilities, including schools, hospitals, and shopping centers.

The subdivision includes a number of smaller communities, each of which provides a particular set of amenities, such as:

-Children's Playground

-Gymnasium

-Restaurants

-Retail shops and outlets

-Swimming Pool

Project Details

Construction on the Damac Canal Heights project is now ongoing, and it should be finished in the second quarter of 2027. The number of bedrooms in each type of home ranges from a minimum of one to a maximum of two. The price range begins at 1,250,000 AED.

Damac Canal Heights offers an opulent way of living. It is the perfect alternative for individuals looking for a high-end living experience in the center of Dubai because of its excellent location, variety of housing options, and cutting-edge amenities.

Payment plan

20%

Down payment
At sales launch

60%

During construction

20%

On handover

Project timeline

  • Project announcement

  • Booking Started

  • Construction Started

  • Expected Completion

Units

from developer

apartment

Studio

0-0

sqft

from

1,233,820 AED

1 Bed

0-0

sqft

from

1,668,940 AED

2 Beds

0-0

sqft

from

3,418,240 AED

Amenities

  • Gymnasium
  • Restaurants
  • Shared Pool
  • Children's Play Area

Sold history for Canal Heights

TypeAEDArea (sqft)Date sold
Studio apartment1,274,00045316 Apr 2024
1 bed apartment2,216,76088323 Jan 2024
2 bed apartment3,589,0001,3591 May 2024
3 bed apartment12,600,0003,12617 Oct 2023

We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

Estimated rent you could get

This rental estimate is calculated based on the current ROI of Business Bay. The estimated rental price represents the ROI percentage of the average sale price.
TypeRental YieldEstimated rent (AED/year)
1 bed apartment8 %106,948
2 bed apartment7 %166,269
3 bed apartment7 %262,928

We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

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