Project file
Canal Heights
- Price from
- AED 3,538,000
- Handover
- Q2 2027 on the DAMAC heading and on Property Finder. 3BR and 4BR cards on the same DAMAC page stamp Q2 2028.
- Status
- On sale
- Construction
- under construction
- Developer
- DAMAC
- Area
- Business Bay
Canal Heights is a Business Bay canal-side tower by DAMAC, marketed with de GRISOGONO branding. The official heading still says studios through two-bedroom homes and Q2 2027. Available-unit cards on the same page list 3- and 4-bedroom homes stamped Q2 2028. [1] Property Finder prints a starting figure near AED 3.54M and a Q2 2027 delivery band. [4] [1] Buyer-side research only — freeze price and instalments on the SPA. How we work: Method.
Contact sheet
Images: DAMAC Properties
Who it’s for
Buyers shortlisting Business Bay canal towers who will lock unit ID, finish scope and dated SPA cash-flow before paying a booking fee. [1]
Who it’s not for
People hunting low entry price bands under AED 2M, villa product, or anyone treating the portal starting price as a guaranteed studio or 1BR quote without SPA net area. [4]
Facts snapshot
- Brand partner (marketing) — de GRISOGONO (med) [1]
- District — Business Bay / Dubai Canal edge (high) [1]
- Form — heading still studio to 2BR, handover Q2 2027 (high) [1]. Available-unit cards on that page also list a 3BR up to 3,113 sqft and a 4BR up to 4,382 sqft, both stamped Q2 2028 (med — source conflict) [1]. The 3BR type page prints 12,460,000 and the 4BR type page prints 17,543,000, both with a GBP symbol on the 26 October 2026 capture [2] [3]. Those figures stay off the AED ladder. Portal start stays ~AED 3.54M. Page target stays Q2 2027.
- Buildings (portal) — 1 (med) [4]
- Build stage (portal) — under construction; progress about 23.61% as of 27 Dec 2025 (med) [4]
- PF availability — available (med) [4]
- Starting price (portal) — ~AED 3,538,000 / launch 3.5M (med) [4]
- DAMAC price card — not fully loaded on public capture (unknown) [1]
- Payment (portal) — 20% / 60% / 20% (med) [4]
- DAMAC payment graphic — partial “1%” label only on capture (low) [1]
- Handover — DAMAC heading Q2 2027 · PF June / Q2 2027 (med — can slip). The 3BR and 4BR cards on the DAMAC page stamp Q2 2028. The heading date stays the page target. [1] [4]
Gaps: unit count, floor stack, SPA net areas, full DAMAC AED ladder, service-charge schedule.
Apartment product shape
Canal Heights sits on the Business Bay canal corridor as a branded high-rise. DAMAC markets studios and 1–2 bedroom apartments. [1]
Property Finder lists one building and reports construction progress of about 23.61% as of 27 December 2025. [4] Public size cards are thin on capture — treat the portal starting price as a project-level signal only, then attach AED to the exact layout on the SPA. The DAMAC heading still says studios and 1–2 bedroom homes, handover Q2 2027. [1] Available-unit cards on the same page list a 3-bedroom home up to 3,113 sqft and a 4-bedroom home up to 4,382 sqft, both showing Q2 2028. [1] The 3BR type page prints 12,460,000 and the 4BR type page prints 17,543,000, each with a pound sign on this capture. [2] [3] Keep the portal AED 3.54M and the Q2 2027 target. Do not copy those cards into the price or the handover field.
Payment plan and timing
Property Finder’s payment block prints 20% down at sales launch, 60% during construction and 20% on handover. [4] DAMAC’s public page only showed a partial “1%” plan label without a full instalment table on capture. [1] Rebuild every graphic as dated AED rows on the SPA.
Completion language: DAMAC heading Q2 2027; Property Finder June 2027 / Q2 2027 with expected completion 30 June 2027. The 3BR and 4BR cards on the DAMAC page stamp Q2 2028. [1] [4] Have a lawyer stress-test the SPA completion language before you sign.
Area and developer
Developer: DAMAC — Damac Properties on the portal record; marketing uses de GRISOGONO branding. [1] [4]
Area: Business Bay — canal-edge framing toward Dubai’s central business cluster. [1]
Compare cash-flow against other Business Bay towers you shortlist — each SPA is separate.
Risks and open points
- High entry band — PF start near AED 3.54M; DAMAC AED ladder incomplete on capture. [4]
- Two handover stamps — heading and Property Finder say mid-2027. The 3BR and 4BR cards say Q2 2028. [1] [4]
- Unit count and floor stack not locked on this research page.
- Branded marketing ≠ SPA finish schedule — verify de GRISOGONO scope in contract documents. [1]
Checklist before you pay
- Put SPA project name, unit ID and plan code side by side.
- Secure written DLD registration and escrow account details before wire transfers.
- Convert the portal 20/60/20 into dated AED instalments on the SPA only. [4]
- Bind price to one layout’s measured area — portal start near AED 3.54M is not a typology quote. [4]
- If mid-2027 handover is critical, stress-test Q2/June 2027 clauses with counsel. [1]
- Request annual service-charge estimates by bedroom band.
- Complete the due diligence guide before any booking fee.
Bottom line
DAMAC and Property Finder place the tower in Business Bay with de GRISOGONO marketing, a studio–2BR heading, a Q2 2027 heading date, a portal start near AED 3.54M and PF 20/60/20. [1] [4] The same DAMAC page lists 3BR and 4BR cards at Q2 2028. Type-page figures 12,460,000 and 17,543,000 rendered in GBP on 26 October 2026 and stay off the AED ladder. Soft: unit count, floor stack, branded finish scope. SPA decides.
FAQ
What is Canal Heights?
A DAMAC high-rise on the Business Bay canal, marketed with de GRISOGONO branding. The heading says studios through 2-bedroom apartments. The same page also lists 3- and 4-bedroom cards. [1]
What is the starting price?
Property Finder lists about AED 3,538,000 (launch banner 3.5M). DAMAC’s public price card was incomplete on capture. Request a unit-specific offer. [4]
When is handover?
The DAMAC heading lists Q2 2027. Property Finder lists June 2027 / Q2 2027. The 3- and 4-bedroom cards on the DAMAC page stamp Q2 2028. Treat every date as a target until the SPA names the unit. [1] [4]
What payment plan is published?
On Property Finder the split is 20% at launch, 60% during works and 20% at handover. The SPA cash-flow table is what binds. [4]
What product types are marketed?
The DAMAC heading markets studios and one- and two-bedroom apartments. Available-unit cards on the same page list 3- and 4-bedroom homes with a Q2 2028 stamp. Confirm the layout and the date on the SPA. [1]
Sources
- Canal Heights — official project page · DAMAC Properties. Accessed 2026-10-26.
- Canal Heights 3-bedroom type page · DAMAC Properties. Accessed 2026-10-26.
- Canal Heights 4-bedroom type page · DAMAC Properties. Accessed 2026-10-26.
- Canal Heights — new project listing (portal research signal) · Property Finder. Accessed 2026-08-05.
Next step
Like it? See how it compares to similar projects, then ask the developer for the live price list and floor plans — everything here is marketing until they confirm it in writing.
