DAMAC Canal Heights, Business Bay, Dubai, UAE | Canal-front Freehold Apartments | Studios starting from AED 1.25 million
United Arab Emirates · Dubai
Basic Information
New Property
Property Nature
Under Construction
Property Status
Apartment
Property Type
Freehold
Property Right Type
Q2 2027
Delivery Date
Location Information
- Country
- United Arab Emirates
- City
- Dubai
Layout Information
- Main Layout
- Studio
- Available Layouts
- Studio / One Bedroom / Two-Bedroom
Description
Project Name: DAMAC Canal Heights (Dubai Business Bay / Business Bay · Dubai Water Canal waterfront) Developer: DAMAC Properties × Swiss jewelry brand de GRISOGONO co-branded residential Nature: Canal-front freehold residential apartments (off-plan, expected delivery Q2–Q4 2027) Floor Plan: G+5P+residential floors (approx. 37–42 floors, around 376 units), floors 7–32 luxury level, floors 34–41 ultra-luxury level, penthouse duplex with private pool Unit Types: Studio, 1-bedroom, 2-bedroom (approx. 40–145 sqm), some full-floor units; ceiling height approx. 3.4 meters, floor-to-ceiling windows + spacious balcony, front facing Burj Khalifa/downtown skyline, back facing Dubai Water Canal Starting Price: Approx. AED 1.25 million (Studio)
Location Description
Transportation Information Main road: Adjacent to Marasi Drive, connecting to Al Asayel St; quick access to Sheikh Zayed Road (E11) and Al Khail Road (E44). Metro: Business Bay Metro Station is about 5–7 minutes by car; Bus: Bay Square 1 / Bay Square 2 bus stops are within walking distance. Airport: Dubai International (DXB) is about 15–20 minutes by car; Al Maktoum (DWC) is about 30–40 minutes. Core business district driving times: Downtown/Dubai Mall/Burj Khalifa 5–7 minutes; DIFC about 13 minutes; City Walk about 10 minutes; Dubai Marina about 25 minutes. Education Information (within 5–15 minutes by car) Nursery: Blossom Business Bay Nursery, Jumeirah International Nursery, Canadian Kids, Learning Tree Nursery, First Path Montessori Schools: Horizon English School, Safa British School, JSS Private School, Dubai International School, Global Indian International School, Dubai Institute of Design and Innovation (DIDI) Dubai's K12 is mainly private schools; Business Bay itself has no large public school district, so families usually drive to Safa / Downtown / DIFC area for schooling. Medical Information (within 5–15 minutes) Clinic level: Aster Clinic Business Bay, Covent Clinic, J'Adore Medical Clinic, The Practice Poly Clinic, Midline Bay Medical (general practice/pediatrics/dentistry/dermatology, etc.) Hospital level: Emirates Hospital Clinics (Business Bay), Mediclinic Dubai Mall, Medcare Hospital Al Safa, Dubai Healthcare City about 12–14 minutes by car Emergency: There are multiple 24-hour emergency hospitals along the DXB airport direction; Business Bay mainly has outpatient clinics. Surrounding Amenities (Life/Commercial/Leisure) Commercial retail: Ground floor includes retail space, supermarkets (Choithrams Bay Square about 8 minutes walk, Carrefour Market about 10 minutes); Bay Avenue Mall; Downtown's Dubai Mall (about 5–7 minutes by car, 1200+ stores), Souk Al Bahar, City Walk, Box Park. Dining and entertainment: Floating restaurants on the canal, yacht marina, Marasi Promenade waterfront dining; Dubai Opera about 2.5km; Reel Cinemas, Dubai Aquarium are all in the Downtown area. Parks and nature: South Ridge Park about 10 minutes walk; Safa Park about 10 minutes by car; Ras Al Khor Nature Reserve about 11–15 minutes. Business: Business Bay itself is a headquarters cluster, DIFC about 13–15 minutes, Dubai World Trade Centre about 8 minutes. Hotels: JW Marriott Marquis, The Oberoi, Habtoor Palace, Paramount Hotel Midtown are all within a 5–8 minute radius, convenient for short-term rental reception.
Investment Highlights
Project Core Advantages Location Scarcity: Among the dense office buildings in Business Bay, this is one of the few purely residential apartment buildings, offering both proximity to work and a quiet living environment. Dual Views: The front faces the Burj Khalifa and Downtown skyline directly, while the back overlooks Dubai Water Canal, the yacht marina, and floating restaurants. Walkable to Landmarks: Approximately 500 meters in a straight line from the Burj Khalifa, a 10–15 minute walk; about 1.8 km from Dubai Mall. Amenities Like a Resort: 50m x 8m swimming pool, 180m lazy river, outdoor party area, fountains, salt/mud/hot-cold baths, kids' area, gym, juice bar, and beauty bar. Investment Data (Marketing Claims): Static rental yield of about 8% per year, dynamic appreciation expectation of 30%+ (actual 1-bedroom ROI in Business Bay is about 6.3–6.6%, which is a high-liquidity rental area in Dubai).





