Off-planLaunched June 2023
Canal Heights 2
by Damac Properties in Business Bay
From AED 2,828,00080/20 payment planHandover Q3 2027
- From
- AED 2,828,000
- Handover
- Q3 2027
- Homes
- Studio to 4 bed
- Sizes
- 892 to 4,666 sq ft
- Payment plan
- 80/20
- Built
- 36%
About Canal Heights 2
Damac Properties developed Canal Heights 2, a 48-floor residential tower in Business Bay, Dubai. The project offers apartments and duplexes with 1 to 4 bedrooms, sized from 892 to 4,666 square feet.
Canal Heights 2 is in Business Bay, a central business district of Dubai. Burj Khalifa and Dubai Mall are 5 minutes away. The Dubai Water Canal is 10 minutes away, and Kite Beach is 15 minutes. Oasis Mall is 10 minutes from the tower. The area offers access to business, retail, and entertainment.
The apartments and duplexes overlook the Dubai Water Canal. Each unit features an open-plan layout, private balcony, and smart home systems. Modern kitchens and contemporary finishes are standard throughout.
Residents have access to a gymnasium, restaurants, health club, yoga dome, shared swimming pools, and a children's play area. The rooftop cafe provides dining with views of the surroundings. Landscaped walkways and on-site retail shops complete the community facilities. 24-hour security services are available.
The film
Homes
Payment plan
- 20%Down payment
- 60%During construction
- 20%On handover
Amenities
- Swimming pool
- Gym
- Yoga and meditation
- Restaurants and cafés
- 24-hour security
Construction and dates
36% built at the last site inspection, 14 August 2026.
- Sales launched
- 10 June 2023
- Planned handover
- 30 September 2027
Payments go into the project’s escrow account with Emirates NBD Bank.
Location
- Burj Khalifa5 min drive
- Dubai Frame15 min drive
- Dubai Mall5 min drive
- Dubai Water Canal10 min drive
- Kite Beach15 min drive
- Ras Al Khor Wildlife Sanctuary20 min drive
- Oasis Mall10 min drive
- Ras al khor wild life sanctuary20 min drive
About Business Bay
An iconic mixed-use neighborhood in central Dubai, Business Bay sits next to Downtown Dubai and features the Dubai Canal alongside luxury apartments and townhouses.
Drive times from Canal Heights 2: Burj Khalifa, 5 min drive; Dubai Frame, 15 min drive; Dubai Mall, 5 min drive; Dubai Water Canal, 10 min drive.
Canal Heights 2 is a freehold project.
Brochure
Questions about Canal Heights 2
- What is the price of Canal Heights 2?
Canal Heights 2 starts from AED 2,828,000, as of 22 September 2026. By home: 1 Bed Apartment from AED 2,828,000; 2 Bed Apartment from AED 3,447,000; 3 Bed Duplex from AED 12,808,000; 3 Bed Apartment from AED 12,965,000.
- Is Canal Heights 2 expensive for Business Bay?
From AED 3,171 a square foot, against a median of AED 2,482 for 44 new projects in Business Bay.
- What is the payment plan for Canal Heights 2?
The developer’s payment plan for Canal Heights 2 is 80/20: 20% down payment, 60% during construction and 20% on handover, as of 11 October 2026.
- When is Canal Heights 2 handed over?
Handover is planned for Q3 2027.
- Are there floor plans for Canal Heights 2?
Yes. The floor plans for 1 Bed Apartment, 2 Bed Apartment, 3 Bed Duplex, 3 Bed Apartment and 4 Bed Apartment are on this page under Homes.
About Damac Properties
Damac Properties, founded in 2002, develops homes across Dubai and the Middle East. The developer builds townhouses, villas, apartments, penthouses, duplexes and office space in areas including Damac Islands, Damac Lagoons and Business Bay.
Also by Damac Properties in Business Bay: Canal Heights, Safa Two, Altitude, Canal Crown 2, Damac Chic Tower
