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DAMAC «Canal Heights»
Off-Plan

DAMAC «Canal Heights»

From AED 1.20M·Handover 2027-06-30·Payment plan available with Astraterra advisor Payment
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AED 1.20M
Starting Price
2027-06-30
Handover
Payment plan available with Astraterra advisor
Payment Plan
Studio · 1 Bedroom
Type

Project Overview

DAMAC «Canal Heights» by DAMAC Properties is a Dubai off-plan project curated by Astraterra Properties. Located in Business Bay, the project is listed with a starting price of AED 1,200,000. Payment plan available with Astraterra advisor. Handover: 2027-06-30. Request the latest availability, floor plans, payment schedule and unit recommendations from Astraterra Properties — BRN 54738.

Business Bay offers Dubai buyers a mix of lifestyle access, rental demand and capital-growth potential depending on exact building, handover timing and purchase price.

Project Specifications
DeveloperDAMAC Properties
LocationBusiness Bay
Unit TypesStudio, 1 Bedroom, 2 Bedroom
AreaBusiness Bay
Ownershipfreehold
Est. ROIAsk advisor

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 51,780 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,180
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 78,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DAMAC «Canal Heights» launch basis1,333AED 1.20MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

DAMAC «Canal Heights» — View 2
DAMAC «Canal Heights» — View 3

Payment Structure

Payment plan available with Astraterra advisor

Flexible Payment

Contact us for detailed payment schedule and milestones

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

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Amenities & Lifestyle

Modern residential amenities
Swimming pool and fitness facilities
Landscaped communal areas
Covered parking
24/7 security
Developer-managed payment plan

Location

Business Bay

Nearby Destinations

Dubai road network access
Retail and lifestyle amenities nearby
Community facilities nearby
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Project by DAMAC Properties

02

Starting from AED 1,200,000

03

Payment plan available with Astraterra advisor

04

freehold ownership

05

Astraterra can confirm live availability, floor plans and unit recommendations

Get Qualified for DAMAC «Canal Heights»

Limited units available · Direct developer pricing · Serious buyer routing

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.

Send Buyer BriefRequest Call
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Qualified Buyer Flow
Verified Listings

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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