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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
Dubai Land Department permit QR code
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.

2,821Median per sq.ft in this project+14.4% vs the community
6.2%Gross rental yield in the community
2,466Median per sq.ft in the community
6,120Registered sales, 12 months

Sales in Canal Heights

108 registered sales over the last 24 months.

DatePropertySizePricePer sq.ft
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
28 Apr 20262 B/R FlatOff-plan1,4094,032,9602,861

Median price per sq.ft in Business Bay

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

1,9002,1002,3002,5002,700Sep 24Jan 25May 25Sep 25Jan 26May 26Aug 26

Comparable sales in Business Bay

What Studio sells for

1,985 registered sales in 12 months, median 2,607 per sq.ft.

DatePropertySizePricePer sq.ft
2 Sep 2026Studio FlatOff-planBinghatti Aquarise5121,383,9992,702
2 Sep 2026Studio FlatReadyWEST WHAREF TOWER559790,0001,414
1 Sep 2026Studio FlatReadyUPSIDE Living3781,150,0003,042
1 Sep 2026Studio FlatReadyMARQUISE SQUARE TOWER6451,110,0001,721
31 Aug 2026Studio FlatReadyBAY SQUARE7051,065,0001,511
28 Aug 2026Studio FlatReadyPRIVE BY DAMAC4891,192,1452,438
27 Aug 2026Studio FlatOff-planVENTO TOWER5291,283,5042,428
27 Aug 2026Studio FlatReadyJ ONE7161,100,0001,536

What Studio rents for

4,156 registered contracts in 12 months, median 139 per sq.ft a year, a gross yield of 6.8%.

ContractSizeAnnual rentPer sq.ft
2 Sep 202638080,000210
2 Sep 202669180,000116
1 Sep 202695295,000100
1 Sep 202685190,243106
31 Aug 202651768,250132
31 Aug 202649566,000133

What 1 B/R sells for

2,501 registered sales in 12 months, median 2,364 per sq.ft.

DatePropertySizePricePer sq.ft
2 Sep 20261 B/R FlatOff-planAvarra by Palace8252,934,8883,558
2 Sep 20261 B/R FlatOff-planOne by Binghatti1,0092,250,0002,229
1 Sep 20261 B/R FlatOff-planTiger Sky Tower9122,680,9332,939
1 Sep 20261 B/R FlatOff-planCANAL CROWN 28822,545,0002,884
31 Aug 20261 B/R FlatReadyPeninsula Three6721,750,0002,604
31 Aug 20261 B/R FlatReadyTHE STERLING WEST HOUSE9111,600,0001,757
28 Aug 20261 B/R FlatOff-planOne by Binghatti8221,500,0001,825
27 Aug 20261 B/R FlatReadyPeninsula Five8762,325,0002,655

What 1 B/R rents for

6,828 registered contracts in 12 months, median 115 per sq.ft a year, a gross yield of 6.2%.

ContractSizeAnnual rentPer sq.ft
2 Sep 2026671110,000164
2 Sep 2026965105,000109
1 Sep 2026876145,000166
1 Sep 20261,126138,000123
31 Aug 2026849155,000183
31 Aug 2026660135,000205

What 2 B/R sells for

1,243 registered sales in 12 months, median 2,231 per sq.ft.

DatePropertySizePricePer sq.ft
2 Sep 20262 B/R FlatOff-planEywa The Way Of Water2,1648,000,0003,696
1 Sep 20262 B/R FlatOff-planTiger Sky Tower1,4814,135,5482,793
1 Sep 20262 B/R FlatReadyAhad Residences1,3112,600,0001,984
31 Aug 20262 B/R FlatReadyNOBLES1,1902,000,0001,681
27 Aug 20262 B/R FlatOff-planEywa The Way Of Water3,00912,000,0003,988
27 Aug 20262 B/R FlatReadyPeninsula Two9112,500,0002,745
26 Aug 20262 B/R FlatReadyRoyal Regency1,3202,750,0002,083
26 Aug 20262 B/R FlatReadyPeninsula Three9232,450,0002,654

What 2 B/R rents for

3,128 registered contracts in 12 months, median 97 per sq.ft a year, a gross yield of 5.7%.

ContractSizeAnnual rentPer sq.ft
2 Sep 2026923140,000152
2 Sep 20261,464116,00079
1 Sep 20261,664180,000108
1 Sep 20261,785170,00095
31 Aug 20262,020400,000198
31 Aug 20262,415355,000147

What 3 B/R sells for

309 registered sales in 12 months, median 2,405 per sq.ft.

DatePropertySizePricePer sq.ft
2 Sep 20263 B/R FlatOff-planBinghatti Skyrise1,7665,294,9992,998
2 Sep 20263 B/R FlatReady1,7863,550,0001,988
1 Sep 20263 B/R FlatReadyWINDSOR MANOR2,1863,000,0001,372
25 Aug 20263 B/R FlatOff-planAvarra by Palace1,8216,045,8883,320
24 Aug 20263 B/R FlatReadyJ ONE2,92410,000,0003,420
24 Aug 20263 B/R FlatReady2,1973,250,0001,479
20 Aug 20263 B/R FlatOff-planBurj Binghatti Jacob & Co. Residences3,26415,749,9994,826
20 Aug 20263 B/R FlatOff-planBurj Binghatti Jacob & Co. Residences3,26411,000,0003,370

What 3 B/R rents for

736 registered contracts in 12 months, median 97 per sq.ft a year, a gross yield of 5.6%.

ContractSizeAnnual rentPer sq.ft
2 Sep 20261,899187,50099
1 Sep 20263,036800,000263
1 Sep 20261,932275,000142
30 Aug 20261,893209,437111
28 Aug 20262,185237,600109
28 Aug 20261,780171,00096

What 4 B/R sells for

64 registered sales in 12 months, median 2,585 per sq.ft.

DatePropertySizePricePer sq.ft
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
3 Aug 20264 B/R FlatOff-planVela Viento by Omniyat5,27636,216,9816,864
25 Jun 20264 B/R FlatReady4,7555,500,0001,157
24 Jun 20264 B/R FlatReadyJumeirah Living Business Bay4,33318,500,0004,269
24 Jun 20264 B/R FlatReadyELITE BUSINESS BAY RESIDENCE2,1912,755,0001,258

What 4 B/R rents for

82 registered contracts in 12 months, median 87 per sq.ft a year, a gross yield of 5.7%.

ContractSizeAnnual rentPer sq.ft
1 Sep 20262,995300,000100
31 Aug 20262,874190,44066
28 Aug 20262,168155,00071
27 Aug 20264,707241,00051
25 Aug 20266,255300,00048
12 Aug 20264,333720,000166

Registered sale transactions published as open data by the Dubai Land Department, covering 12 months to 2026-09-02. 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.