Developer Deal
Altitude de GRISOGONO (Canal Crown 2)
DAMAC PropertiesAzizi Riviera 9, Azizi Riviera, Meydan One, Meydan, Dubai, UAE
DLD Waiver
From
AED 1,180,000
Handover
Q4 2029
Payment Plan
70/30
Down Payment
10%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Canal Heights
Azizi Riviera 9, Azizi Riviera, Meydan One, Meydan, Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q4 2029
Post Handover
—
Payment Plan
80%
20%
20% down
About Canal Heights
Damac Canal Heights is the new rise of luxury development by Damac Properties at Business Bay, Dubai offering studios, 1 and 2 bedroom apartments with exclusive Canal views. A new height addition in the success of the first Chic Tower, which offers users an iconic lifestyle. Where you simply get to explore the most of life with pleasures and fun.The class and designs which got no match and standar…
Project documents
Payment schedule
20/60/20 Payment Plan
- Deposit
- 20%
- During construction
- 60%
- On handover
- 20%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Canal Heights
Median sale price/sqft
AED 2,870/sqft+0.1%
Median sale price
AED 2,161,090
Median price/sqft over time
May 24Range AED 2,161 – AED 2,924Dec 24
Transaction activity
LiquidityStrongPrice momentumStable
60 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-29 | Canal Heights | Studio | 473 sqft | AED 1,100,000 | 2,326 |
| 2024-12-28 | Canal Heights | Studio | 473 sqft | AED 1,100,000 | 2,326 |
| 2024-12-24 | Canal Heights | 2 | 1,355 sqft | AED 3,605,000 | 2,660 |
| 2024-12-24 | Canal Heights | 2 | 1,355 sqft | AED 3,605,000 | 2,660 |
| 2024-12-24 | Canal Heights | 2 | 1,355 sqft | AED 3,605,000 | 2,661 |
| 2024-12-20 | Canal Heights | 1 | 779 sqft | AED 2,236,000 | 2,870 |
Completed transactions in Business Bay
Median sale price/sqft
AED 2,578/sqft+13.9%
Median sale price
AED 1,754,681
Gross rental yield
5.8%
Median annual rent
AED 101,538
Median price/sqft over time
Jul 25Range AED 2,059 – AED 2,723Jul 26
Community activity
LiquidityStrongPrice momentumRising
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Off-plan 68.3%Ready 31.7%
Primary vs resale
Primary 68.3%Resale 31.7%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Canal Heights
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Canal Heights
- What is the handover date for Canal Heights?
- Canal Heights is scheduled for handover in Q4 2029.
- What is the starting price of Canal Heights?
- Prices start from AED 1,100,000. Contact our team for current availability.
- Who is the developer of Canal Heights?
- Canal Heights is being developed by DAMAC Properties.
- Where is Canal Heights located?
- Canal Heights is located in Azizi Riviera 9, Azizi Riviera, Meydan One, Meydan, Dubai, UAE.