Canal Heights
by DAMAC Properties · 📍 Business Bay
Canal Heights is a project by DAMAC Properties in Business Bay, Dubai. It offers Apartment. The Dubai Land Department project register lists completion for December 2026. It was 36% built at the official RERA site inspection of 17 August 2026.
Floor plans
Layouts by unit type — tap any plan to view it full size.
Official brochure
Source: independent listing source.
About the project
de GRISOGONO-branded waterfront tower in Business Bay on the Dubai Canal. Listed on the projects index; detail page not individually fetched within the cap.
Construction progress
36.3% complete at the latest RERA site inspection on 17 Aug 2026; scheduled completion 31 Dec 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 17 Aug 2026 | 36.3% | 10 |
| 22 Apr 2026 | 31.22% | 10 |
| 27 Dec 2025 | 23.61% | 6 |
| 19 Aug 2025 | 18.1% | 7 |
| 11 Apr 2025 | 12.75% | 4 |
| 5 Jul 2024 | 8.48% | 2 |
| 21 Sept 2023 | 0.07% | 5 |
| 1 Mar 2023 | 0% | 3 |
Escrow account 0205837430102 at Emirates Nbd Bank (P.J.S.C). Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #2602, updated daily. Tap a photo for the full-size original.
Sales velocity
Per-unit-type pricing and sell-through from an independent market source.
| Unit | Size | Price from | Sold |
|---|---|---|---|
| 1 Bed | 580–920 sqft (54–85 m²) | AED 2.30M | 142 / 142 |
| 2 Beds | 1,290–1,600 sqft (120–149 m²) | AED 3.70M | 60 / 62 |
| 3 Beds | 3,090–3,110 sqft (287–289 m²) | AED 12.60M | 1 / 2 |
Independent third-party construction snapshot, not developer-confirmed. Sold counts reflect that source's own tracking and may differ from the other listing data on this page.
Who's selling this project
30 agencies are currently listing units in Canal Heights across 55 live listings, from AED 1.20M to AED 17.54M depending on unit size and floor.
| Agency | Listings | Asking range | Trust |
|---|---|---|---|
| fäm Properties | 8 | AED 1.38M – AED 5.90M | 8 verified · TruBroker |
| Sky View Real Estate | 5 | AED 3.43M – AED 17.54M | 5 verified · TruBroker |
| Metropolitan Premium Properties | 4 | AED 1.28M – AED 2.65M | 4 verified · TruBroker |
| Rush Hour Real Estate | 3 | AED 3.40M – AED 17.00M | 3 verified · TruBroker |
| Mavrix Luxury Properties | 3 | AED 12.81M – AED 13.66M | 3 verified · TruBroker |
| Driven Properties | 3 | AED 2.25M – AED 2.35M | 3 verified · TruBroker |
| K A I Real Estate | 3 | AED 1.25M – AED 2.69M | 3 verified · TruBroker |
| D D A Real Estate | 2 | AED 1.20M – AED 1.20M | 2 verified · TruBroker |
| ENGEL & VÖLKERS Dubai - S03 | 2 | AED 2.05M – AED 2.60M | 2 verified · TruBroker |
| Whitewill Real Estate - Dubai | 2 | AED 1.20M – AED 1.33M | 2 verified · TruBroker |
| I N D Global Real Estate | 1 | AED 1.45M | 1 verified · TruBroker |
| Idigov Real Estate | 1 | AED 2.75M | TruBroker |
| Ipek & Partners Real Estate | 1 | AED 2.60M | 1 verified |
| Luxarabia Real Estate | 1 | AED 6.50M | 1 verified |
| Alcenza Properties | 1 | AED 1.40M | 1 verified · TruBroker |
| NF Group | 1 | AED 1.72M | 1 verified · TruBroker |
| Oryan Nexus Real Estate | 1 | AED 3.24M | 1 verified |
| Province Properties | 1 | AED 2.30M | 1 verified · TruBroker |
| Queens Luxury Real Estate | 1 | AED 2.60M | 1 verified · TruBroker |
| Real Tree Properties | 1 | AED 3.56M | 1 verified |
| Seven Century Real Estate | 1 | AED 1.20M | 1 verified · TruBroker |
| Seven Spaces Real Estate | 1 | AED 1.25M | — |
| Sterling Heights Real Estate | 1 | AED 2.83M | 1 verified |
| The Boss Properties | 1 | AED 1.40M | 1 verified |
| Thrivestate Square Real Estate | 1 | AED 2.49M | 1 verified · TruBroker |
| Treo Homes | 1 | AED 6.00M | 1 verified · TruBroker |
| Tuimaada Real Estate | 1 | AED 1.41M | 1 verified · TruBroker |
| Union Square House Real Estate | 1 | AED 1.30M | 1 verified · TruBroker |
| White & Co | 1 | AED 1.25M | 1 verified · TruBroker |
| Luxury Hub Properties | 1 | AED 2.30M | 1 verified · TruBroker |
Live asking prices from agency listings — compare before you commit. Ranges span different unit types and floors, and asking prices are not sold prices.
How it compares in Business Bay
50 other off-plan projects in Business Bay · average entry price AED 1.49M
Canal Heights: questions and answers
When is the handover of Canal Heights?
The Dubai Land Department project register lists the completion date of Canal Heights as December 2026.
How much of Canal Heights is built?
Canal Heights was 36% complete at the official RERA site inspection of 17 August 2026.
Is Canal Heights registered with the Dubai Land Department?
Yes. Canal Heights is registered with the Dubai Land Department as project number 2602, and its escrow account is held at Emirates Nbd Bank (P.J.S.C). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Canal Heights?
Canal Heights is developed by DAMAC Properties. The Dubai Land Department project register lists 202 projects for DAMAC Properties: 85 delivered and 86 under construction.
Where is Canal Heights located?
Canal Heights is in Business Bay, Dubai.
What unit types does Canal Heights offer?
Canal Heights offers Apartment, with sizes from 580 sqft (54 m²). The project has 415 units in the Dubai Land Department project register.
What is the average price per sqft in Business Bay?
Apartments in Business Bay sell for about AED 1,702/sqft (AED 18,324/m²), based on 16,885 registered sales since 2023.
What rental yield can I expect in Business Bay?
Apartments in Business Bay yield about 6.1% gross, or about 5.0% net after service charges, based on 62,333 registered rent contracts and 16,885 sales since 2023.
What are the service charges in Business Bay?
Service charges for apartments in Business Bay are about AED 18.31/sqft (AED 197/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
Explore more
More off-plan projects by DAMAC Properties
- DAMAC District, DAMAC Hillsfrom AED 785,000
- Lagoon Views, DAMAC Lagoonsfrom AED 793,000
- DAMAC Riverside Views, Dubai Investment Parkfrom AED 795,000
- DAMAC Lagoons District, DAMAC Lagoonsfrom AED 1.30M
- Safa Gate, Sheikh Zayed Roadfrom AED 1.45M
- Chic Tower, Business Bayfrom AED 1.50M
- Chelsea Residences, Dubai Maritime Cityfrom AED 2.39M
- Volta, Sheikh Zayed Roadfrom AED 2.45M
✦ Want the full picture on Canal Heights?
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Source: developer’s official website + live listing photos. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 17 Aug 2026.