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Starting from
AED 1,225,780
Property Type Studios, Apartments, Duplexes
Bedrooms
1 2 3
Handover 2027
Payment Plan 70/30
Capital Growth (12 months) +8.50%
Area Rental Yield 5.20%
Available Damac Properties

Canal Heights 2

Business Bay, Dubai

Canal Heights 2 by Damac Properties is a high-rise waterfront development in Business Bay, positioned as a refined lifestyle destination for discerning investors and residents seeking premium urban living.

Unit Configuration and Smart Infrastructure

The development offers a diverse unit mix spanning studios through 4-bedroom residences. This range accommodates varied investor strategies, from yield-focused studio portfolios to premium family-unit capital appreciation plays. Each unit is designed with modern interior planning and contemporary finishes.

Smart infrastructure integration supports operational efficiency and enhances tenant appeal in a competitive market.

Lifestyle and Recreational Amenities

On-site amenities include curated recreational facilities designed to support resident retention and rental competitiveness. These features reinforce the property's positioning as a lifestyle destination rather than commodity housing. Waterfront location and high-rise architecture create distinctive environmental appeal.

Premium amenities strengthen both occupancy rates and long-term capital value.

Strategic Connectivity

Business Bay location positions the development within Dubai's primary commercial and mixed-use hub. Proximity to corporate offices and business districts supports strong tenant demand from working professionals. The waterfront setting provides direct access to major arterial roads and public transit corridors.

Strategic positioning minimizes commute friction for tenants across the emirate. Nearby retail, dining, and entertainment precincts enhance lifestyle appeal and tenant satisfaction. Established commercial ecosystem supports sustained rental demand and property appreciation.

Investment Profile

Damac Properties brings established track record and market credibility to waterfront development. Developer reputation and Business Bay positioning support investor confidence and market positioning. Premium unit mix and waterfront amenities support above-market rental yields and capital appreciation potential.

High-rise architecture and refined finishes justify premium positioning within competitive segment. Diversity of unit types—from studios to 4-bedrooms—enables flexible investment strategies and portfolio diversification. Varied price points accommodate entry across multiple investor segments and risk profiles.

Floor Plans & Pricing

Studio

--

1 Bedroom

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2 Bedroom

--

3 Bedroom Duplex

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Flexible Payment Plan

20%
Down Payment
On Booking
50%
During Construction
Installments Available
30%
On Completion
Final Payment
Starting from
AED 1,225,780
Property Type Studios
Apartments
Duplexes
Bedrooms
1 2 3
Handover 2027
Payment Plan 70/30
Capital Growth (12 months) +8.50%
Area Rental Yield 5.20%

About the Developer

DA

Since its founding in 2002 by Hussain Sajwani, DAMAC Properties has cemented its reputation as a powerhouse in Middle Eastern real estate, delivering over 27,000 homes across two decades. Known for pushing the boundaries of luxury living, DAMAC consistently sets itself apart through meticulous attention to detail, premium finishes, and world-class amenities. Each development reflects a bold commitment to innovation and distinctive architectural design.

Among its landmark projects is Dubai Hills, an prestigious golf community offering an exceptional collection of luxury apartments and villas — a testament to DAMAC's vision of creating iconic, lifestyle-driven destinations that continue to redefine modern urban living.

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