DAMAC «Canal Heights»
Project Overview
Canal Heights is an ultra-luxurious residential complex by Damac Properties, located in the prestigious Business Bay area. The development consists of a ground level, three podium levels, 43 residential floors, and a rooftop. Designed in a modern architectural style, the project emphasizes refined details and high-quality construction. It offers elegant studios and spacious one- and two-bedroom apartments, featuring premium materials and state-of-the-art appliances. Light color schemes in the interiors enhance the sense of space, creating a cozy and sophisticated ambiance. Residents enjoy an extensive range of premium amenities, including a swimming pool, fitness center, relaxation and barbecue areas, children's playgrounds, underground parking, concierge services, and 24/7 security. The complex is conveniently close to office and shopping centers, fine dining restaurants, cafes, and the Business Bay Canal promenade, perfect for leisure and scenic walks. Thanks to its prime location, Canal Heights offers easy access to key Dubai landmarks. Dubai Mall is just 5 minutes away, while Jumeirah Beach and the iconic Burj Al Arab can be reached within 15 minutes. Dubai Marina and Palm Jumeirah are approximately 25 minutes by car.
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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Astraterra Properties
Official Documents
Download official marketing materials from Damac Properties.
Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
DAMAC «Canal Heights» by Damac Properties
Located in Business Bay
Starting from AED 1,200,000
Unit mix includes Studio, 2 BR, 3 BR, 4 BR
Expected handover: Jun 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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