Official imagery, floor plans and the full brochure for Canal Heights 2 are available on request. We publish only developer-supplied media we are licensed to use.
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About Canal Heights 2
Canal Heights 2 offers canal-facing apartments in Business Bay from AED 1.23 million, positioned as a design-led product within DAMAC's Business Bay portfolio.
Canal frontage is the differentiator. In Business Bay the gap between a canal-facing unit and an interior-facing one in the same building is consistently meaningful, in both rent achieved and resale demand. If you are buying here, the view orientation matters more than the building brand.
Confirm the specific unit's outlook rather than relying on the building's positioning — canal-facing inventory within any given tower is limited and sells first.
At a glance
Canal Heights 2 key facts
- Developer
- DAMAC Properties
- Community
- Business Bay
- Status
- Launched
- Handover
- To be confirmed
- Starting price
- AED 1.23M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Canal Heights 2
- 01
Shortlist and reserve
Choose a unit type and view at Canal Heights 2 and secure it with the booking deposit.
- 02
Sign the SPA
DAMAC Properties issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion, the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Dubai Water Canal frontage
- Central Business Bay location
- Design-led interiors within DAMAC's premium range
What to weigh
- Canal-facing stock is limited — confirm the specific unit orientation
- Premium over interior-facing units is significant; weigh against budget
- Business Bay supply pipeline remains substantial
FAQ
Canal Heights 2 — frequently asked questions
What is the starting price of Canal Heights 2?
Published pricing at Canal Heights 2 starts from AED 1.23M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Canal Heights 2?
A handover date for Canal Heights 2 has not been publicly confirmed.
Who is the developer of Canal Heights 2?
Canal Heights 2 is developed by DAMAC Properties in Business Bay, Dubai.
What unit types are available at Canal Heights 2?
Canal Heights 2 offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Canal Heights 2 located?
Canal Heights 2 is in Business Bay, Dubai.
Can foreigners buy at Canal Heights 2?
Yes. Business Bay is a freehold area, so buyers of any nationality can own property at Canal Heights 2 outright.
Does buying at Canal Heights 2 qualify for the UAE Golden Visa?
The entry price of AED 1.23M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Canal Heights 2?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 49K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Canal Heights 2?
MRK Real Estate advises on primary purchases and resales at Canal Heights 2. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-08-21. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with DAMAC Properties before any transaction.
