Damac Maison Canal Views
✓ Resale Available

Damac Maison Canal Views

From AED 2.25M·Completed Jun 2014·100% down payment Payment
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AED 2.25M
Starting Price
Jun 2014
Handover
100% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Damac Maison Canal Views is a luxurious project by Damac, located in the prestigious Business Bay district. The complex consists of a ground floor, three podium levels, and 18 residential floors, offering premium hotel apartments with 1 to 3 bedrooms, as well as spacious family suites with stunning views of the canal and city skyline. The architectural design reflects understated luxury, emphasizing elegance and sophistication. High-quality finishes and materials enhance the sense of comfort and refined style throughout the interiors. Damac Maison Canal Views is designed to offer a convenient and upscale lifestyle. Residents enjoy a range of premium amenities, including a grand lobby, a temperature-controlled swimming pool, a modern gym with steam rooms and saunas, a dedicated children’s play area, and ample parking facilities. The project is set in one of Dubai’s most sought-after neighborhoods, the heart of the city’s business and cultural life. It is located within close proximity to Burj Khalifa, Dubai Mall, Dubai Opera, and other major attractions. Travel times include 19 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab, and 23 minutes to The Walk JBR.

Project Specifications
DeveloperDamac Properties
LocationBusiness Bay
Unit Types1 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 97,174 / year
Cash-on-Cash
1.8%
Levered cashflow AED 22,858
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 146,380 / 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 Maison Canal Views launch basis2,502AED 2.25MCurrent 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 Maison Canal Views — View 2
Damac Maison Canal Views — View 3
Damac Maison Canal Views — View 4
Damac Maison Canal Views — View 5
Damac Maison Canal Views — View 6
Damac Maison Canal Views official render 1

Damac Maison Canal Views official render 1

Damac Maison Canal Views official render 2

Damac Maison Canal Views official render 2

Damac Maison Canal Views official render 3

Damac Maison Canal Views official render 3

Damac Maison Canal Views official render 4

Damac Maison Canal Views official render 4

Damac Maison Canal Views official render 5

Damac Maison Canal Views official render 5

Damac Maison Canal Views official render 6

Damac Maison Canal Views official render 6

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Flexible Payment

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Amenities & Lifestyle

Kids Play Area
Leisure areas
Lobby
Parking
Sauna
Shared Pool
Shared gym & fitness

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Damac Maison Canal Views by Damac Properties

02

Located in Business Bay

03

Starting from AED 2,252,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Jun 2014

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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

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