Canal Heights

Canal Heights is a two-building residential development by DAMAC Properties situated on the Dubai Canal waterfront in Business Bay, comprising 48 residences across one-, two-, three- and four-bedroom configurations, with handover scheduled for September 2027.

# The towers and their position in Business Bay

Business Bay has spent the better part of a decade consolidating its identity as something more than a corporate address. The canal-side parcels, in particular, have attracted a different calibre of project: residential buildings oriented toward the water rather than the street grid, with a scale that feels considered rather than maximised.

Canal Heights occupies one such position. The development spreads across two buildings, currently at 23.61 percent construction completion, placing the September 2027 delivery date within a credible trajectory. At 48 residences total, the count is deliberately low. That ratio of amenity provision to unit volume is one of the defining characteristics of the project.

The address keeps Downtown Dubai within easy reach. The Burj Khalifa sits roughly 3.2 kilometres away, a nine-minute drive. The Dubai Mall is 1.8 kilometres, or seven minutes by car.

# Residences, layouts and floor areas

The range is broader than most comparable Business Bay addresses. One-bedroom apartments begin at around 948 square feet and extend to just over 1,076 square feet, priced from approximately AED 2,828,000. Two-bedroom units occupy the widest band, running from roughly 1,296 square feet at the more compact end to just over 4,090 square feet in the largest configurations, with prices ranging from AED 3,434,000 to AED 6,909,000 depending on floor area and aspect.

Three-bedroom residences start at 2,207 square feet, rising to 3,318 square feet, with pricing from AED 5,761,000 to AED 13,656,000. The sole four-bedroom unit listed measures 4,381 square feet, offered at AED 17,543,000.

The project is delivered unfurnished. Service charges are set at AED 22 to 24 per square foot annually.

# A note on sizing

The spread between the smallest and largest two-bedroom units is substantial: from 1,296 square feet to more than 4,090 square feet. Buyers in this category should clarify floor plans carefully, as the label covers configurations that differ significantly in both layout and living character.

# Amenities on site

The amenity provision skews toward outdoor and wellness use. A swimming pool and cabanas form the centrepiece of the leisure offering, alongside BBQ areas and parks and gardens. Meditation decks and a dedicated wellness space reflect a positioning that prioritises recovery and calm alongside physical fitness. A gymnasium covers conventional training needs.

Additional provision includes a children's play area, retail outlets within the development, and parks and gardens integrated into the grounds.

# Getting around from Business Bay

The canal-side location makes Business Bay one of the more intelligently connected districts in central Dubai. Dubai International Airport is 15.4 kilometres out, accessible in around 20 minutes by car. Jumeirah Beach, at 9.2 kilometres, takes approximately 13 minutes. Burj Park by Emaar is a 10-minute drive.

For families, Scholars International Group is 2.3 kilometres from the development, a five-minute drive. The surrounding district carries a dense concentration of restaurants, retail and hospitality within walkable or short-drive distance.

# Who Canal Heights suits, and where it sits in the current market

The 48-unit ceiling keeps Canal Heights in a category that the broader Business Bay supply pipeline rarely occupies. Most DAMAC towers in the district operate at several times this scale, which means the building functions more like a boutique address than a volume residential project.

The pricing structure accommodates a range of buyer profiles. A European or GCC buyer seeking a canal-facing one-bedroom investment property finds an entry point around AED 2,828,000. At the opposite end, the four-bedroom residence at AED 17,543,000 targets the owner-occupier who wants significant floor area in a central Dubai location without committing to a villa community.

Construction is underway. The escrow account is registered (0205837430102), and at roughly 24 percent complete with 28 months to delivery, the risk profile sits within the normal range for an off-plan purchase from an established developer in this city. For buyers who have studied the Dubai market cycle and want a canal-facing position at current pricing ahead of handover, Canal Heights represents a coherent case.