Canal Heights 2
Damac Properties invites you to experience the enchanting lifestyle of Canal Heights 2 at Business Bay. Offering a variety of living options, including studios, 1 & 2 bedroom apartments, and ultra-luxurious 3 & 4 bedroom duplexes, this high-rise development boasts…
Project Overview
Damac Properties invites you to experience the enchanting lifestyle of Canal Heights 2 at Business Bay. Offering a variety of living options, including studios, 1 & 2 bedroom apartments, and ultra-luxurious 3 & 4 bedroom duplexes, this high-rise development boasts a sophisticated design, distinctive curved exterior, and captivating interior decor. Within this remarkable development, your home redefines the essence of refined waterfront living in ways you never imagined. This exclusive lifestyle beckons once more in the heart of Business Bay, Dubai, connecting you effortlessly to renowned hotspots, business districts, commercial hubs, and shopping centers. The breathtaking vistas from your residence allow you to savor life with a newfound level of class and sophistication. This development is a true embodiment of the allure of Blue Topaz, seamlessly integrated into its designs and architectural features. It unmistakably showcases Damac’s hallmark luxury style, radiating throughout its designs and ambiance. The meticulously tailored lifestyle combines vibrant hues, graceful textures, and seamless forms to create a tranquil and elegantly refined way of living.
Project Highlights
80/20 Payment Plan, Starting Price AED 1.23M, Majestic studios, 1 and 2 bedroom apartments and 3 & 4 Luxury Duplexes, Unique water feature amenities, Stunning canal and downtown views, Prime location in Dubai, Extravagant and sparkling interiors inspired by underwater pearl elements.
Project Details
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Amenities
Canal Heights 2 offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.
- Plunge into luxury with a wide selection of incredible amenities This gorgeous residence is a beautiful jewel of lively living
- tranquillity
- enjoyment
- and a great sense of wellness.
Payment Plan
Explore Floorplans
Location & Connectivity
Canal Heights 2 in Business Bays’ vibrant financial district, surrounded by other stylish high-rises, modern apartment buildings, and popular hotels. This property is located in the center of Dubai, with easy access to the city’s critical attractions via numerous transportation links.
About Business Bay
Business Bay sits right at the centre of Dubai, running along the Dubai Canal with Downtown and the Burj Khalifa just a few minutes up the road. What started out as the city’s answer to Manhattan has grown into something more interesting: a proper neighbourhood…
Visit Business Bay PageInvestment Potential
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
Market Context
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
Flexible Financing Options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
About the Developer
Damac Properties
Explore the world of DAMAC Properties, one of Dubai’s most recognised private real estate developers, known for shaping luxury communities, branded residences, and lifestyle-driven destinations across the UAE and international markets. Since 2002, DAMAC has delivered tens of thousands of homes and built a reputation for bold design, glamour, and…
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Frequently Asked Questions
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
No. Our service is completely free for buyers — we are compensated by the developer. You only pay the standard property costs, such as the 4% DLD registration fee.
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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