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Canal Heights, Business Bay
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Off-Plan10 photos
2,828,000 – 17,543,000 AED

Canal Heights

Business Bay View on map
ApartmentsType
1 – 4Bedrooms
1,043 – 4,381 sq.ftArea

About this property

Canal Heights by DAMAC Properties is an elegant waterfront residential development located in the vibrant Business Bay district of Dubai.

Mortgage estimate

Pre-filled with this project’s starting price. Change any figure to model your own.

years
%
Estimated monthly payment
11,929 AED
per month · 25-year term
Loan amount2.26M AED
Total interest1.32M AED

Estimate only. Excludes DLD transfer, agency and bank fees, and your bank sets the final figure.

Speak to a mortgage specialistSee properties up to this price

Project facts

Handover
Q3 2027
Construction
Under Construction
Availability
On Sale
Available price range
2,828,000 – 17,543,000 AED
Available sizes
1,043 – 4,381 sq.ft
Available bedrooms
1 – 4
Unit type
Apartments
Units in project
48
Buildings
2
District
Business Bay
RERA escrow
0205837430102
Service charge
22-24 AED/sqft
Furnishing
No
DLD permit
1461046707
Dubai Land Department permit QR code, permit number 1461046707
Scan to verify this listing with the Dubai Land Department.
Open the exact location in Maps

Layouts, sizes and prices

1 Bedroom9 layouts949 – 1,077 sq.ft2,828,000 – 3,306,000 AED
LayoutSizeDeveloper price
1 bed1,070 sq.ft3,285,000 AED
1 bed1,077 sq.ft3,306,000 AED
1 bed1,052 sq.ft3,241,000 AED
1 bed1,059 sq.ft3,262,000 AED
1 bed1,043 sq.ft3,233,000 AED
1 bed965 sq.ft3,029,000 AED
1 bed971 sq.ft3,049,000 AED
1 bed949 sq.ft2,988,000 AED
1 bed1,063 sq.ft2,828,000 AED
2 Bedrooms26 layouts1,297 – 4,091 sq.ft3,434,000 – 6,909,000 AED
LayoutSizeDeveloper price
2 bed1,333 sq.ft3,639,000 AED
2 bed1,381 sq.ft3,895,000 AED
2 bed1,381 sq.ft3,895,000 AED
2 bed1,367 sq.ft3,868,000 AED
2 bed1,357 sq.ft3,556,000 AED
2 bed1,350 sq.ft3,538,000 AED
2 bed1,505 sq.ft4,441,000 AED
2 bed1,505 sq.ft4,439,000 AED
2 bed1,409 sq.ft4,201,000 AED
2 bed1,791 – 1,802 sq.ft4,375,000 – 4,478,000 AED
2 bed1,321 sq.ft3,476,000 AED
2 bed1,346 sq.ft3,837,000 AED
2 bed1,326 sq.ft3,794,000 AED
2 bed1,327 sq.ft3,795,000 AED
2 bed1,330 sq.ft3,818,000 AED
2 bed1,313 sq.ft3,783,000 AED
2 bed1,314 sq.ft3,784,000 AED
2 bed1,297 sq.ft3,748,000 AED
2 bed1,479 sq.ft4,393,000 AED
2 bed4,091 sq.ft6,909,000 AED
2 bed1,864 sq.ft4,414,000 AED
2 bed2,131 sq.ft4,847,000 AED
2 bed1,796 sq.ft4,330,000 AED
2 bed1,315 sq.ft3,434,000 AED
2 bed1,799 sq.ft4,353,000 AED
2 bed1,316 sq.ft3,447,000 AED
3 Bedrooms5 layouts2,207 – 3,319 sq.ft5,761,000 – 13,656,000 AED
LayoutSizeDeveloper price
3 bed2,207 sq.ft5,761,000 AED
3 bed3,113 sq.ft12,460,000 AED
3 bed3,319 sq.ft13,656,000 AED
3 bed3,135 sq.ft12,965,000 AED
3 bed3,097 sq.ft12,808,000 AED
4 Bedrooms1 layout4,381 sq.ft17,543,000 AED

Every layout the developer has released for this project, with its price on launch. Some configurations may already be sold out, so this can start below the available range above. Ask an advisor for live inventory.

Payment plan

Payment Plan 60/40
20%40%40%
On booking20%
During construction40%
Upon Handover40%

Documents and links

Brochure
pdf24 merged

Amenities

  • Cabanas
  • Swimming Pool
  • Gymnasium
  • Parks & Gardens
  • Bbq Areas
  • Meditation Decks
  • Wellness Space
  • Kids Play Area
  • Retail Outlets

Floor plans

1 bedTap to enlarge
1 bedTap to enlarge
1 bedTap to enlarge
1 bedTap to enlarge

Master plan

Location

Business Bay, DubaiOpen in Maps

What buyers actually paid

Registered sales at the Dubai Land Department, not asking prices.

2,819Median per sq.ft in this project+19.2% vs the community
6.2%Gross rental yield in the community
2,364Median per sq.ft in the community
5,096Registered sales, 12 months

Sales in Canal Heights

105 registered sales over the last 24 months.

DatePropertySizePricePer sq.ft
6 Oct 20262 B/R FlatOff-plan1,3573,378,2002,489
21 Aug 20262 B/R FlatOff-plan1,3333,493,4402,621
14 Aug 20262 B/R FlatOff-plan1,3503,290,3402,437
13 Aug 2026Studio FlatOff-plan4671,314,0002,811
4 Aug 2026Studio FlatOff-plan4601,295,0002,817
6 Jul 2026Studio FlatOff-plan4541,276,0002,808

Median price per sq.ft in Business Bay

By month, from registered sales. Portals chart asking prices here.

1,9002,1002,3002,5002,700Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Sep 26

Comparable sales in Business Bay

What Studio sells for

1,355 registered sales in 12 months, median 2,499 per sq.ft.

DatePropertySizePricePer sq.ft
9 Oct 2026Studio FlatReadyUPSIDE Living4711,250,0002,656
9 Oct 2026Studio FlatReadyTHE COURT471606,4601,288
8 Oct 2026Studio FlatReadyPeninsula Three4221,200,0002,847
8 Oct 2026Studio FlatReadyPeninsula One4371,050,0002,400
7 Oct 2026Studio FlatOff-planDG1 Living5011,277,8472,550
5 Oct 2026Studio FlatOff-planBinghatti Skyhall4241,299,8003,066
5 Oct 2026Studio FlatOff-planBinghatti Skyrise4621,277,2492,762
1 Oct 2026Studio FlatReadyPeninsula Four5131,265,0002,467

What Studio rents for

4,336 registered contracts in 12 months, median 137 per sq.ft a year, a gross yield of 6.6%.

ContractSizeAnnual rentPer sq.ft
9 Oct 202651293,750183
9 Oct 202652890,000171
8 Oct 202651590,000175
8 Oct 202637475,000200
7 Oct 202665190,000138
7 Oct 202642785,000199

What 1 B/R sells for

2,201 registered sales in 12 months, median 2,329 per sq.ft.

DatePropertySizePricePer sq.ft
9 Oct 20261 B/R FlatReadyDAMAC TOWERS BY PARAMOUNT9291,225,0001,319
8 Oct 20261 B/R FlatReadyPeninsula Four8292,350,0002,836
8 Oct 20261 B/R FlatReadyThe EDGE6961,660,0002,385
7 Oct 20261 B/R FlatOff-planBinghatti Aquarise9082,001,9992,205
7 Oct 20261 B/R FlatReadyPeninsula Four8591,950,0002,271
6 Oct 20261 B/R FlatOff-planOne by Binghatti1,1762,541,9992,161
6 Oct 20261 B/R FlatReadyTHE STERLING EAST HOUSE9722,171,0002,233
5 Oct 20261 B/R FlatReadyTHE OPUS BY OMNIYAT8873,753,6044,230

What 1 B/R rents for

7,025 registered contracts in 12 months, median 115 per sq.ft a year, a gross yield of 6.1%.

ContractSizeAnnual rentPer sq.ft
9 Oct 2026971150,000154
9 Oct 2026781100,000128
8 Oct 2026830130,000157
8 Oct 2026695120,000173
7 Oct 20261,123150,000134
7 Oct 2026827140,000169

What 2 B/R sells for

1,156 registered sales in 12 months, median 2,184 per sq.ft.

DatePropertySizePricePer sq.ft
9 Oct 20262 B/R FlatOff-planBugatti Residences by Binghatti3,68115,000,0004,075
9 Oct 20262 B/R FlatReadyNOBLES1,2592,100,0001,668
8 Oct 20262 B/R FlatReadyTHE VOGUE1,0131,400,0001,382
6 Oct 20262 B/R FlatOff-planBinghatti Aquarise1,3383,500,0002,617
6 Oct 20262 B/R FlatOff-planCANAL HEIGHTS1,3573,378,2002,489
5 Oct 20262 B/R FlatOff-planBinghatti Aquarise2,3643,749,9991,586
5 Oct 20262 B/R FlatOff-planBinghatti Aquarise1,0903,029,9992,781
1 Oct 20262 B/R FlatReadyPeninsula One9502,400,0002,527

What 2 B/R rents for

3,172 registered contracts in 12 months, median 96 per sq.ft a year, a gross yield of 5.6%.

ContractSizeAnnual rentPer sq.ft
9 Oct 20261,190125,000105
9 Oct 20261,254110,00088
8 Oct 20261,179170,000144
8 Oct 20261,190140,000118
7 Oct 20261,626240,000148
7 Oct 20261,785136,00076

What 3 B/R sells for

307 registered sales in 12 months, median 2,298 per sq.ft.

DatePropertySizePricePer sq.ft
5 Oct 20263 B/R FlatReadyPeninsula Four1,9325,000,0002,588
1 Oct 20263 B/R FlatOff-planRoyal Regency Suites2,9155,307,9001,821
1 Oct 20263 B/R FlatOff-planRoyal Regency Suites2,7304,677,8501,714
30 Sep 20263 B/R FlatReady6,1628,200,0001,331
29 Sep 20263 B/R FlatReadyTHE COSMOPOLITAN1,8162,000,0001,101
28 Sep 20263 B/R FlatReady2,1974,100,0001,866
28 Sep 20263 B/R FlatReady1,9053,150,0001,654
23 Sep 20263 B/R FlatReadyRegalia1,8243,350,0001,837

What 3 B/R rents for

745 registered contracts in 12 months, median 96 per sq.ft a year, a gross yield of 5.7%.

ContractSizeAnnual rentPer sq.ft
8 Oct 20261,900150,00079
7 Oct 20263,112620,000199
5 Oct 20262,178200,00092
5 Oct 20261,744160,00092
4 Oct 20261,420165,000116
2 Oct 20261,919170,00089

What 4 B/R sells for

60 registered sales in 12 months, median 2,558 per sq.ft.

DatePropertySizePricePer sq.ft
23 Sep 20264 B/R FlatReadyELITE BUSINESS BAY RESIDENCE2,1892,667,0001,218
23 Sep 20264 B/R FlatReadyELITE BUSINESS BAY RESIDENCE2,1682,661,2001,227
22 Sep 20264 B/R FlatReadyPeninsula Four2,5916,700,0002,586
22 Sep 20264 B/R FlatReady4,7896,000,0001,253
27 Aug 20264 B/R FlatReadyPeninsula Four2,5916,700,0002,586
20 Aug 20264 B/R FlatOff-planBurj Binghatti Jacob & Co. Residences4,22918,400,0004,350
17 Aug 20264 B/R FlatOff-planBugatti Residences by Binghatti6,78863,000,0009,282
6 Aug 20264 B/R FlatOff-planVela Viento by Omniyat6,18543,468,9977,028

What 4 B/R rents for

83 registered contracts in 12 months, median 83 per sq.ft a year, a gross yield of 5.9%.

ContractSizeAnnual rentPer sq.ft
2 Oct 20264,9221,800,000366
1 Oct 20264,755385,00081
25 Sep 20262,168180,00083
19 Sep 20264,333900,000208
15 Sep 20262,191165,00075
14 Sep 20262,189170,00078

Registered sale transactions published as open data by the Dubai Land Department, covering 12 months to 2026-10-09. Sizes are converted from the square metres DLD records. A registered price is what a buyer paid, which is not the same as an asking price. Gross yield is registered Ejari rent over registered sale price for the same twelve months, before service charge, agency fee, vacancy and management. It is the ceiling on a return, not the return.