ReadyOff-plan building · DAMAC
Canal Heights 1, Business Bay
Highlights
Canal Heights 1 at a glance
About Canal Heights 1
Canal Heights 1 is a mixed-use building in Business Bay, Dubai, developed by DAMAC. It holds about 415 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
It is under construction, 36% complete, with handover planned for 2026. 28 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,817 per sq ft.
Canal Heights 1 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
Canal Heights is a beacon of ultra-luxury set in the vibrant Business Bay of Dubai, a project developed by DAMAC Properties and infused with the Swiss luxury essence of de GRISOGONO. This residential development boasts a total of 376 units, offering a mix of studios and 1-2 bedroom apartments, with the unique option for investors to purchase entire floors.
Architecturally, Canal Heights is a testament to luxury, featuring a façade of fluid forms and vibrant colors inspired by de GRISOGONO's exquisite jewellery designs, and a lobby that welcomes residents with an enchanting waterfall feature. The project promises panoramic views of the Dubai Water Canal and is currently under development.
Amenities
Canal Heights residents will enjoy exclusive recreational and wellness facilities, high-end finishes and fittings in all residences, and advanced security systems with concierge services.
Location Advantages
The project is situated in the bustling Business Bay area along the Dubai Water Canal, offering proximity to Dubai Mall and other premier shopping destinations, close access to Dubai Opera and various cultural hotspots, and is accessible to leading educational institutions and healthcare facilities.
Investment Incentives
Investing in Canal Heights comes with eligibility for a 2-year investor visa or a 10-year UAE Golden Visa upon purchase, with potential for high rental yields and capital appreciation.
Target Audience
Canal Heights caters to discerning investors seeking luxury real estate in a prime location, individuals and families desiring an upscale urban lifestyle, and global citizens looking for a prestigious address in Dubai.
Canal Heights by DAMAC stands as a beacon of luxury and elegance, promising residents and investors alike an unparalleled living experience in the heart of Dubai’s dynamic Business Bay.
In a nutshell
- A mixed-use off-plan building
- Located in Business Bay, Dubai
- Developed by DAMAC
- Completed in Q4 2026
- Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
- Sizes from 430 to 4,380 sq ft
- Views: Community View
- Features: Children's Play Area, Shared Pool, Vastu-compliant
- Business Bay metro station 1.8 km away
- Status
- Off-plan
- Developer
- DAMAC
- Location
- Business Bay, Dubai
- Handover
- Q4 2026
- Construction
- 36%
- Unit types
- Studio, 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
- Prices from
- AED 1.2M
- Median price per sq ft
- AED 2,817
- Nearest metro
- Burj Khalifa Road, 0.8 km
Photos of Canal Heights 1
Building details
Inside Canal Heights 1
Facilities in Canal Heights 1
Canal Heights 1 lists 3 features and facilities for its residents.
- Children's Play Area
- Shared Pool
- Vastu-compliant
Properties in Canal Heights 1
Studios in Canal Heights 1
There are about 204 of these in Canal Heights 1, from 430 to 480 sq ft. They have recently sold for a median of AED 1.3M, or AED 2,810 per sq ft. Owners who resold made a median 8% over what they paid.
1-bedroom apartments in Canal Heights 1
There are about 142 of these in Canal Heights 1, from 580 to 920 sq ft. They have recently sold for a median of AED 2.5M, or AED 3,010 per sq ft.
2-bedroom apartments in Canal Heights 1
There are about 62 of these in Canal Heights 1, from 1,290 to 1,600 sq ft. They have recently sold for a median of AED 3.8M, or AED 2,760 per sq ft.
3-bedroom apartments in Canal Heights 1
There are about 2 of these in Canal Heights 1, from 3,090 to 3,110 sq ft. None has sold recently enough to quote a price.
4-bedroom apartments in Canal Heights 1
There are about 1 of these in Canal Heights 1, from 4,380 sq ft. None has sold recently enough to quote a price.
Commercial units in Canal Heights 1
There are about 4 of these in Canal Heights 1, from 660 to 4,340 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 204 | 430 sqft39.9 sqmt – 480 sqft44.6 sqmt | AED 1.3M | – |
| 1 Bed | 142 | 580 sqft53.9 sqmt – 920 sqft85.5 sqmt | AED 2.5M | – |
| 2 Beds | 62 | 1,290 sqft119.8 sqmt – 1,600 sqft148.6 sqmt | AED 3.8M | – |
| 3 Beds | 2 | 3,090 sqft287.1 sqmt – 3,110 sqft288.9 sqmt | No recent sales | – |
| 4 Beds | 1 | 4,380 sqft406.9 sqmt | No recent sales | – |
| Commercial | 4 | 660 sqft61.3 sqmt – 4,340 sqft403.2 sqmt | No recent sales | – |
Sale trends in Canal Heights 1
Median sale price
AED 2.5M
Median per sq ft
AED 2,817
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 1.1M to AED 1.4M (451 to 473 sq ft), across 8 sales
- 2-bedroom apartments: AED 3.3M to AED 4.4M (1,333 to 1,505 sq ft), across 7 sales
- 1-bedroom apartments: AED 1.9M to AED 2.5M (716 to 871 sq ft), across 5 sales
Recent transactions in Canal Heights 1
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Canal Heights 1, Business BayOff-planApartment | AED 3,378,200AED 2,489 /sqftAED 26,791 /sqmt | 1,357 sqft126.1 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 3,493,440AED 2,621 /sqftAED 28,212 /sqmt | 1,333 sqft123.8 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 3,290,340AED 2,437 /sqftAED 26,232 /sqmt | 1,350 sqft125.4 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 1,314,000AED 2,814 /sqftAED 30,290 /sqmt | 467 sqft43.4 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,295,000AED 2,815 /sqftAED 30,300 /sqmt | 460 sqft42.7 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,276,000AED 2,811 /sqftAED 30,257 /sqmt | 454 sqft42.2 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 4,032,960AED 2,862 /sqftAED 30,806 /sqmt | 1,409 sqft130.9 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 2,527,000AED 3,089 /sqftAED 33,250 /sqmt | 818 sqft76 sqmt1 Bed | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,359,000AED 2,873 /sqftAED 30,925 /sqmt | 473 sqft43.9 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,927,000AED 2,691 /sqftAED 28,966 /sqmt | 716 sqft66.5 sqmt1 Bed | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 2,530,000AED 2,905 /sqftAED 31,269 /sqmt | 871 sqft80.9 sqmt1 Bed | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 4,441,000AED 2,951 /sqftAED 31,764 /sqmt | 1,505 sqft139.8 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 4,439,000AED 2,950 /sqftAED 31,754 /sqmt | 1,505 sqft139.8 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 3,817,100AED 2,764 /sqftAED 29,751 /sqmt | 1,381 sqft128.3 sqmt2 Beds | Developer |
| Canal Heights 1, Business BayOff-planApartment | AED 2,481,000AED 3,007 /sqftAED 32,367 /sqmt | 825 sqft76.6 sqmt1 Bed | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,100,000AED 2,439 /sqftAED 26,253 /sqmt | 451 sqft41.9 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 2,481,000AED 3,007 /sqftAED 32,367 /sqmt | 825 sqft76.6 sqmt1 Bed | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,274,000AED 2,819 /sqftAED 30,343 /sqmt | 452 sqft42 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,278,000AED 2,790 /sqftAED 30,031 /sqmt | 458 sqft42.5 sqmtStudio | Owner |
| Canal Heights 1, Business BayOff-planApartment | AED 1,327,000AED 2,910 /sqftAED 31,323 /sqmt | 456 sqft42.4 sqmtStudio | Owner |
Canal Heights 1
Business Bay
AED 3.4M
AED 2,489 /sqftAED 26,791 /sqmt
Off-planApartment1,357 sqft126.1 sqmt2 BedsDeveloper5 Oct 2026Canal Heights 1
Business Bay
AED 3.5M
AED 2,621 /sqftAED 28,212 /sqmt
Off-planApartment1,333 sqft123.8 sqmt2 BedsDeveloper21 Aug 2026Canal Heights 1
Business Bay
AED 3.3M
AED 2,437 /sqftAED 26,232 /sqmt
Off-planApartment1,350 sqft125.4 sqmt2 BedsDeveloper14 Aug 2026Canal Heights 1
Business Bay
AED 1.3M
AED 2,814 /sqftAED 30,290 /sqmt
Off-planApartment467 sqft43.4 sqmtStudioOwner12 Aug 2026Canal Heights 1
Business Bay
AED 1.3M
AED 2,815 /sqftAED 30,300 /sqmt
Off-planApartment460 sqft42.7 sqmtStudioOwner4 Aug 2026Canal Heights 1
Business Bay
AED 1.3M
AED 2,811 /sqftAED 30,257 /sqmt
Off-planApartment454 sqft42.2 sqmtStudioOwner6 Jul 2026Canal Heights 1
Business Bay
AED 4M
AED 2,862 /sqftAED 30,806 /sqmt
Off-planApartment1,409 sqft130.9 sqmt2 BedsDeveloper28 Apr 2026Canal Heights 1
Business Bay
AED 2.5M
AED 3,089 /sqftAED 33,250 /sqmt
Off-planApartment818 sqft76 sqmt1 BedOwner30 Mar 2026Canal Heights 1
Business Bay
AED 1.4M
AED 2,873 /sqftAED 30,925 /sqmt
Off-planApartment473 sqft43.9 sqmtStudioOwner27 Mar 2026Canal Heights 1
Business Bay
AED 1.9M
AED 2,691 /sqftAED 28,966 /sqmt
Off-planApartment716 sqft66.5 sqmt1 BedOwner27 Mar 2026Canal Heights 1
Business Bay
AED 2.5M
AED 2,905 /sqftAED 31,269 /sqmt
Off-planApartment871 sqft80.9 sqmt1 BedOwner13 Mar 2026Canal Heights 1
Business Bay
AED 4.4M
AED 2,951 /sqftAED 31,764 /sqmt
Off-planApartment1,505 sqft139.8 sqmt2 BedsDeveloper12 Mar 2026Canal Heights 1
Business Bay
AED 4.4M
AED 2,950 /sqftAED 31,754 /sqmt
Off-planApartment1,505 sqft139.8 sqmt2 BedsDeveloper3 Mar 2026Canal Heights 1
Business Bay
AED 3.8M
AED 2,764 /sqftAED 29,751 /sqmt
Off-planApartment1,381 sqft128.3 sqmt2 BedsDeveloper25 Feb 2026Canal Heights 1
Business Bay
AED 2.5M
AED 3,007 /sqftAED 32,367 /sqmt
Off-planApartment825 sqft76.6 sqmt1 BedOwner19 Feb 2026Canal Heights 1
Business Bay
AED 1.1M
AED 2,439 /sqftAED 26,253 /sqmt
Off-planApartment451 sqft41.9 sqmtStudioOwner18 Feb 2026Canal Heights 1
Business Bay
AED 2.5M
AED 3,007 /sqftAED 32,367 /sqmt
Off-planApartment825 sqft76.6 sqmt1 BedOwner18 Feb 2026Canal Heights 1
Business Bay
AED 1.3M
AED 2,819 /sqftAED 30,343 /sqmt
Off-planApartment452 sqft42 sqmtStudioOwner16 Feb 2026Canal Heights 1
Business Bay
AED 1.3M
AED 2,790 /sqftAED 30,031 /sqmt
Off-planApartment458 sqft42.5 sqmtStudioOwner12 Feb 2026Canal Heights 1
Business Bay
AED 1.3M
AED 2,910 /sqftAED 31,323 /sqmt
Off-planApartment456 sqft42.4 sqmtStudioOwner12 Feb 2026
Every sale in Canal Heights 1Every rent contract in Canal Heights 1
Canal Heights 1 payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment20%
- 2.During Construction60%
- 3.On Handover20%
Canal Heights 1 floor plans
Studio, Studio Studio
1 bedroom, 1 Bedroom Apartment
2 bedrooms, 2 Bedroom Apartment
Nearby amenities
Around Canal Heights 1
Transportation near Canal Heights 1
The nearest Dubai Metro station from Canal Heights 1 is Business Bay (red line, 1.8 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.1 km, about 6 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.8 km, about 10 min walk) and District 1 near High Speed Rail line (golden line, 0.9 km, about 11 min walk). Most residents will drive or take a taxi to the metro.
- Burj Khalifa RoadGolden line · 0.8 km · about 10 min walk
- District 1 near High Speed Rail lineGolden line · 0.9 km · about 11 min walk
- Business Bay InterchangeGolden line · 1.8 km · about 6 min drive
- Business BayRed line · 1.8 km · about 6 min drive
- Burj Khalifa/Dubai MallRed line · 2.1 km · about 6 min drive
- District 1Golden line · 2.9 km · about 8 min drive
Shopping and groceries near Canal Heights 1
The closest is Spinneys / south bridge downtowne Dubai, 0.4 km from Canal Heights 1 (about 5 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 0.4 km · about 5 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1 km · about 12 min walk
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.1 km · about 13 min walk
- Spinneys / The Executive TowersSupermarket · 1.3 km · about 5 min drive
- Bay AvenueShopping Mall · 1.4 km · about 5 min drive
Restaurants and hotels near Canal Heights 1
The closest is Maward Restaurant, 0.7 km from Canal Heights 1 (about 8 min walk).
- Maward RestaurantRestaurant · 0.7 km · about 8 min walk
- Vida Hotels and ResortsHotel · 0.8 km · about 10 min walk
- Al Manzil HotelHotel · 0.8 km · about 10 min walk
- Qamardeen HotelHotel · 1.2 km · about 14 min walk
- The Address HotelHotel · 1.3 km · about 5 min drive
Hospitals and clinics near Canal Heights 1
The closest is Al Amal Hospital, 2.9 km from Canal Heights 1 (about 8 min drive).
- Al Amal HospitalHospital · 2.9 km · about 8 min drive
- Medcare HospitalHospital · 3.4 km · about 9 min drive
- Emirates HospitalHospital · 4.2 km · about 10 min drive
- Internationl Medical CenterHospital · 4.2 km · about 10 min drive
- Neuro Spinal hospitalHospital · 4.9 km · about 12 min drive
Parks and leisure near Canal Heights 1
The closest is Al Quoz Pond Park, 2.3 km from Canal Heights 1 (about 7 min drive).
- Al Quoz Pond ParkPark · 2.3 km · about 7 min drive
- Dubai Bowling CentreSports Academy · 2.3 km · about 7 min drive
- Safa ParkPark · 3 km · about 8 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive
- Falcon Centre and Cultural SportsSports Academy · 3.8 km · about 10 min drive
Schools near Canal Heights 1
The nearest is Dubai International Private School - Br, 2.1 km away. Ratings are the KHDA's latest inspection grades.
- Dubai International Private School - BrAmerican · KHDA: Good · 2.1 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.1 km
- Global Indian International School L.L.CIndian · KHDA: Good · 2.1 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 2.2 km
- Japanese SchoolJapanese · KHDA: Good · 2.5 km
- JSS Private School L.L.CIndian · KHDA: Very good · 2.5 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Canal Heights 1 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Canal Heights 1
In its favour
- An active resale market: 28 sales in the last year make it easier to price and to sell.
- Owners who resold have made money: a median gain of up to 8%.
- Several schools within 3 km.
Worth checking
- The nearest running metro station is 1.8 km away, so a car helps.
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
Specialists
Brokers who know Canal Heights 1
These brokers handle sales and lettings in Canal Heights 1 and can tell you what is available now.
Osman Sillah
Property Advisor
Vishal Vijaykumar Khilwani
Property Advisor
Aniket Arun Tiwari
Property Advisor
Insha Ulla Khan
Property Advisor
Hafiz Muhammad Mudassir
Property Advisor
Mahmoud Hamzeh
Property Advisor
Shiela Marie Duran
Property Advisor
Youssouf Ngouh Njikam
Property Advisor
FAQs
Canal Heights 1: questions answered
Buying, selling or renting in Canal Heights 1?
A broker who works Business Bay will tell you what is available and what comparable homes went for.