Type of buildings:
PremiumCANAL HEIGHTS 2
1 301 000 AED - 5 755 000 AED
ID 335
Location:Business Bay, Dubai
TypeDevelopment
Completion dateIII quarter, 2027 (Off-plan)
Studiomin. 1 301 000 AED
1 bedroommin. 1 764 000 AED
2 bedroomsmin. 3 404 000 AED
3 bedroomsmin. 5 646 000 AED
Living space41 - 371 m²
Advantages
Prestigious neighborhood
Business Bay
Beautiful view
20% after commissioning of the property
State-of-art architecture
Location
- Close to the bus stop
- Close to shopping malls
- Close to the city centre
- Close to schools
- Close to the kindergarten
- Prestigious district
- Close to a river or promenade
- Pond nearby
- City view
- Panoramic view
- Street view
- River view
- Beautiful view
Features
- Panoramic windows
- Panoramic glazing
- Balcony
- Terrace
- Air Conditioners
- Private pool
- Premium class
- New development project
Indoor facilities
- Restaurant
- Cafe
- SPA centre
- Fitness room
- Elevator
- Covered parking
Outdoor features
- CCTV
- Security
- Landscaped garden
- Landscaped green area
- Transport accessibility
- Social and commercial facilities
- Pool bar
- Car park
- Promenade with amenities
- Garden
- Footpaths
- Garden
- Benches
- Swimming pool
- Common area with pool
- Running track
- Sports ground
Features
The type of the complex
Canal Heights 2 is an exclusive residential complex located in Business Bay, one of the most renowned areas of the city, known for its futuristic skyscrapers, developed infrastructure, dynamic atmosphere, and numerous attractions. The new 45-storey apartment building is currently under construction, and according to the studio's master plan, one- and two-bedroom apartments, as well as exclusive three- and four-bedroom duplexes will be available for occupancy in Q3 2027, likely in September.
However, some units have already been purchased due to the impeccable reputation of the developer and the investment attractiveness of the property. In addition to luxurious residential properties featuring thoughtful design, this project incorporates exceptional amenities for both communal and personal use.
The complex unique features
The apartment complex is a unique residential space where owners and tenants of local real estate can enjoy various amenities and luxurious interiors. It has been designed to meet the diverse needs of future residents and will feature a wide range of facilities for leisure and relaxation, including cafes and shops, a gym, pools, and a spa centre with treatment rooms. An additional advantage of this elite complex is its child-friendly policy, which welcomes families with children and provides special amenities such as various play areas.
Building architecture and design
The design of the luxury complex was developed in collaboration with world-famous Swiss jeweler De Grisogono. The building's exterior, which features curved lines and a glass facade that sparkles in the sunlight during the day and emits its own light at night, is executed in an ultra-modern architectural style that complements the surrounding business district's high-rise buildings.
The main entrance to the residential complex leads to a grand vestibule with luxurious chandeliers and unique decorative objects. The interiors of the studios, apartments, and duplexes boast a light colour palette predominantly composed of white and blue shades, high-quality materials such as marble, glass, and wood, as well as elegant furnishings and panoramic floor-to-ceiling windows that enhance the spaciousness of the rooms with natural lighting.
Economic appeal of the residential complex
Investing in elite real estate in a developing residential complex is an excellent decision for both investors and regular buyers. While the project is still in its early construction stages, there is an opportunity to secure a deal at the most advantageous conditions. Currently, studio prices range from AED1.29 to 1.42 million ($351,000 to $386,500), one-bedroom residences cost from AED1.7 to 2.55 million ($463,000 to $694,500), two-bedroom residences range from AED3.6 to 4.5 million ($980,000 to $1.22 million), and three-bedroom residences range from AED5.65 to 5.78 million ($1.53 to $1.57 million).
As the construction approaches completion, the property's value is expected to increase, which means now it is the best time to secure a deal. Additionally, purchasing during the project's implementation stage allows buyers to take advantage of a convenient payment plan. Within this framework, a 20% down payment is required at the time of reserving the property, with 60% of the cost to be paid gradually. The remaining sum must be paid upon the transfer of ownership in 2027.
Location
Dubai Mall
2 km
School
1000 m
ATM machine
300 m
Burj Khalifa
2.5 km
Pharmacy
500 m
Airport
15 km
Museum of The Future
5.5 km
Sea
6 km
Business Bay
Business Bay is one of the most developed and sought-after areas of Dubai. The very name of the community speaks of its main purpose: the business sphere plays a key role here. However, investments in Dubai real estate for permanent residence or rental are also in high demand. The community harmoniously combines both commercial and residential real estate.
Video
Payment plan
Payment number
Phase
Payment (%)
1st Instalment24%
Immediate
24%
2nd Instalment5%
Within 3 Month(s) Of Sale Date
5%
3rd Instalment5%
Within 6 Month(s) Of Sale Date
5%
4th Instalment5%
Within 9 Month(s) Of Sale Date
5%
5th Instalment5%
Within 12 Month(s) Of Sale Date
5%
6th Instalment4%
Within 15 Month(s) Of Sale Date
4%
7th Instalment4%
Within 18 Month(s) Of Sale Date
4%
8th Instalment4%
Within 21 Month(s) Of Sale Date
4%
9th Instalment4%
Within 24 Month(s) Of Sale Date
4%
10th Instalment3%
Within 27 Month(s) Of Sale Date
3%
11th Instalment3%
Within 30 Month(s) Of Sale Date
3%
12th Instalment3%
Within 33 Month(s) Of Sale Date
3%
13th Instalment3%
Within 36 Month(s) Of Sale Date
3%
14th Instalment3%
Within 39 Month(s) Of Sale Date
3%
15th Instalment3%
Within 42 Month(s) Of Sale Date
3%
16th Instalment3%
Within 45 Month(s) Of Sale Date
3%
17th Instalment3%
Within 48 Month(s) Of Sale Date
3%
18th Instalment20%
On completion
20%
Properties in CANAL HEIGHTS 2
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3 404 000 AED2118 m²Completion date III quarter, 2027 (Off-plan)
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1 764 000 AED161 m²Completion date III quarter, 2027 (Off-plan)
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1 301 000 AED141 m²Completion date III quarter, 2027 (Off-plan)
Developer
291
Objects completed
286
Objects in work
2002
Founded in
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way. DAMAC has become synonymous with iconic projects setting new standards for...
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1 660 000 AEDCompletion date IV quarter, 2022 (Completed)
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