Canal Dubai
Project Overview
Canal Dubai by DAMAC Properties is a premium waterfront residential development positioned along the iconic Dubai Canal in Business Bay — one of the city's most vibrant and sought-after waterfront addresses. Offering 1 to 3-bedroom apartments from AED 1.2 million, Canal Dubai provides stunning canal and cityscape views alongside a 60/40 payment plan and Q3 2027 handover. This is an exceptional opportunity to own a slice of Dubai's thriving canal-front lifestyle, surrounded by world-class dining, retail, and leisure.
Canal Dubai is a premium waterfront residential development on the iconic Dubai Canal in Business Bay, offering 1 to 3-bedroom apartments with stunning canal and cityscape views.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Nearby Destinations
Developer and Project Facts
Prime Dubai Canal waterfront address
1-3 bedroom apartments from AED 1.2M
60/40 payment plan
Q3 2027 handover
Infinity pool with canal views
Adjacent to Business Bay Metro and Downtown Dubai
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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