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DAMAC «Canal Heights 2»

Business Bay, Dubai
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Starting price
1.2M AED
Bedrooms
Various
Size
440.35 - 4,090.82 sq ft
Handover
2027
Type
Off-plan
Ownership
freehold

About DAMAC «Canal Heights 2»

Canal Heights 2 is the second phase of the prestigious Canal Heights residential project by Damac Properties, located in Business Bay. The complex consists of a ground level, three podium levels, 44 residential floors, and a rooftop. It offers elegant studios and luxurious apartments with one to four bedrooms. The interiors are designed in a light color palette with high-quality materials, visually expanding the space and creating a cozy yet sophisticated atmosphere. Each residence is equipped with modern appliances, and panoramic windows provide breathtaking views of the city skyline. Residents have access to a wide range of premium amenities, including a swimming pool, fitness center, relaxation and barbecue areas, children's playgrounds, underground parking, concierge services, and 24/7 security. The development features cafés, restaurants, and retail spaces, while the Business Bay canal promenade, perfect for scenic walks, is just a short distance away. Thanks to its prime location, residents can quickly reach key destinations in Dubai. Dubai Mall is only 5 minutes away by car, while Jumeirah Beach and the iconic Burj Al Arab can be reached within 15 minutes. Dubai Marina and Palm Jumeirah are approximately a 25-minute drive away. Building Configuration: G+3P+44+R

Payment plan

20% on booking, 40% on handover

The payment schedule for DAMAC «Canal Heights 2» and handover in 2027. Percentages are of the property price; the 4% DLD transfer fee is shown where the developer includes it in the milestone.

Payment Plan 1 (4% DLD waiver for units above 1 320 000 AED until the 30th September 2025) · No Post Handover
  • 20% + 4% DLD + 1000 AED OqoodOn booking
  • 10 (1% per month)From 3 to 12 months from booking
  • 30% (5% per month)From 13 to 18 months from booking
  • 40%On handover
Payment Plan 2 (4% DLD waiver for units above 1 320 000 AED until the 30th September 2025) · No Post Handover
  • 12% (3% quarterly)From 3 to 12 months from booking
  • 14%Within 15 months from booking
  • 14%Within 18 months from booking
  • 40%On handover
  • 20% + 4% DLD + 1000 AED OqoodOn booking
Request the full payment plan

Floor plans & layouts

Studio
1 BR
2 BR
3 BR

Amenities

Shared gym & fitness
Leisure areas
Covered Parking
Children’s pool
Pets Allowed
Retail outlets
Kids Play Area
Dining outlets (coffee houses & restaurants)
BBQ
Cinema
Security and CCTV
Concierge Service
Shared Pool
Central A/C
Coworking zone
SPA

Location & connectivity

Business Bay — explore the location and what's nearby.

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Off-plan project
Metro station
School
Mall

Buying guides for Business Bay

What to check before you reserve — costs, payment plans and handover.

About the developer

DAMAC Properties

DAMAC Properties is a major developer specializing in luxury real estate development in Dubai and other regions. The company was founded in 2002 and has since earned a reputation as one of the leading real estate developers in the United…

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