CANAL HEIGHTS

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Canal Heights: de GRISOGONO

Canal Heights is a premium residential development by DAMAC Properties in collaboration with De Grisogono, in the coveted area of Business Bay. Reminiscent of the blue pearl, the sleek complex features 376 branded studios and 1-2 bedroom apartments with chic interiors and spacious layouts.

The property sizes in this gorgeous development range from 427 sq. ft to 1,559 sq. ft, with a floor-to-ceiling height of 11 ft. There are also full floors on offer with a total area varying between 5,915 sq. ft and 8,876 sq. ft. Each property will come with its own private balcony for the utmost comfort of homeowners.

Canal Heights will be designed to provide the ultimate recreational and wellness experiences thanks to the following amenities:

  • Yoga domes
  • Underwater pearl museum
  • Interactive fountain feature with a walkthrough option
  • Shell-shaped waves pool with blue pearls underwater
  • Zorb balls
  • Infinity lap pool with an iridescent-tiled base
  • Scrubs bar
  • Bubbles arena play with a glass bubble fountain

Economic Appeal

The anticipated completion date of Canal Heights is scheduled for Q2 2027. While the development is off-plan, you can benefit from a lucrative payment plan, in which our real estate agents will gladly share. Please note that purchasers of full floor units are provided with a 2% discount.

The real estate in Canal Heights is a perfect option for a subsequent lease, since 1-bedroom apartments in Business Bay generate a gross ROI of 6.3% on average, as of Q1 2023, according to Property Finder.

Location

Canal Heights will be nestled alongside the bank of the Dubai Water Canal, at the intersection of Marasi Dr and Al Asayel St, providing a hassle-free commute around the rest of the emirate. Dubai Marina, Dubai International Airport and Palm Jumeirah, among many other destinations, are easily accessible within a radius of a 20-minute drive. The public transport infrastructure is well-developed as well, with Bay Square 2 and Bay Square 1 within the immediate vicinity of the complex.

Frequently Asked Questions (FAQ)

The developer of Canal Heights is DAMAC Properties, which has collaborated with De Grisogono to bring this project.

Canal Heights will be located in Business Bay, at the junction of Marasi Dr and Al Asayel St.

The development offers a collection of studios and 1-2 bedroom apartments, as well as full floor units.

Currently, the project is under construction. The estimated completion date of Canal Heights is planned for Q2 2027.

DAMAC Properties offers an 80/20 payment plan, which includes a 20% booking fee.

Yes, you can obtain a long-term visa upon a property purchase in Canal Heights. Dubai has several residence-by-investment programmes depending on the real estate price.

Any nationality is allowed to buy property in this complex, since it is freehold. This means that you are granted 100% property ownership for an unrestricted amount of time.

Purchasing a residential unit in Cavalli Couture is the perfect option for those who value their comfort and wish to experience premium living in one of the most desirable areas in Dubai, as well as being able to obtain a long-term residence visa. You will always be able to sell a property in this development after its completion, in case you change your mind.

An apartment in Canal Heights is a highly lucrative investment option, since similar 1-bedroom units in Business Bay generate a gross yield of 6.3% on average. Additionally, buyers of full floor units can take advantage of a 2% discount as part of the promotion campaign. When living here, you will be granted full access to yoga domes, an underwater pearl museum, a shell-shaped waves pool and much more.

Canal Heights is a fantastic place for residing in Dubai, especially for young business professionals, because the development will be surrounded by Grade-A offices and state-of-the-art business facilities.

Business Bay is one of the most popular areas in Dubai, since it boasts an excellent social infrastructure, with nurseries, groceries, medical facilities and more. That being said, within walking distance you can reach Carrefour, Jumeirah International Nursery and Modern Vet Downtown, just to name a few.

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