Canal Heights 2 in Business Bay, Dubai

DAMAC Properties logo

DAMAC Properties · Business Bay, Dubai

Handover

September 2027

Status

active
DLD construction progress18%

About this project

Canal Heights 2 is an off-plan residential development by DAMAC Properties in Business Bay, Dubai. Prices start from AED 2,828,000. The current unit mix includes 1-bedroom homes, 2-bedroom homes, 3-bedroom homes, 4-bedroom homes. Dubai Land Department data records construction progress at 18%. Expected handover is September 2027.

What buyers should know

Canal Heights 2 is located in Business Bay, Dubai and is developed by DAMAC Properties. Prices start from AED 2,828,000. Dubai Land Department data records construction progress at 18%.

Location

Canal Heights 2 is in Business Bay, Dubai. Browse the verified project facts, available home sizes, pricing and construction status before making an enquiry.

Amenities

Health ClubGymnasiumRestaurantsShared PoolSecurity

Payment plan

  • 20/60/20

Project brochures

Developer material with specifications, amenities and payment-plan details.

Transactions at Canal Heights 2

495 sales recorded at this project in Dubai Land Department data, to Jul 2026.

View Dubai market trends
Median sale price
AED 3.68M
Median price / sqft
AED 2,856
2.5% vs last year
Transactions
36

Median price / sqft by year

By bedrooms · last 12 months

Studio

3 sales

AED 1.31M

Per sqft2,851

1 B/R

8 sales

AED 2.77M

Per sqft2,977

2 B/R

18 sales

AED 3.69M

Per sqft2,847

3 B/R

5 sales

AED 5.80M

Per sqft2,626

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
Jun 29, 2026Studio458AED 1,313,0002,865Off-plan
Jun 3, 20261 B/R809AED 2,194,0002,711Off-plan
Apr 16, 20262 B/R1,326AED 3,794,0002,860Off-plan
Apr 13, 20262 B/R1,313AED 3,783,0002,880Off-plan
Apr 13, 20261 B/R965AED 3,029,0003,140Off-plan
Apr 13, 20263 B/R2,207AED 5,761,0002,610Off-plan
Apr 9, 20261 B/R949AED 2,958,1203,119Off-plan
Mar 12, 20262 B/R1,314AED 4,011,0403,053Off-plan
Mar 3, 20262 B/R1,479AED 4,217,2802,852Off-plan
Feb 25, 20262 B/R1,297AED 3,748,0002,891Off-plan
Feb 25, 20262 B/R1,346AED 3,683,5202,736Off-plan
Feb 18, 20262 B/R1,327AED 3,795,0002,860Off-plan
Feb 17, 20261 B/R844AED 2,499,0002,962Off-plan
Feb 4, 20262 B/R1,312AED 3,476,1602,650Off-plan
Feb 3, 20262 B/R1,282AED 3,642,6602,842Off-plan
Jan 26, 20262 B/R1,300AED 3,456,9602,659Off-plan
Dec 30, 2025Studio459AED 1,308,0002,851Off-plan
Dec 10, 20252 B/R1,503AED 4,005,0002,665Off-plan
Dec 1, 20252 B/R1,281AED 3,566,4002,785Off-plan
Nov 17, 20252 B/R1,507AED 3,422,8502,272Off-plan
Nov 12, 20252 B/R1,331AED 4,314,0003,240Off-plan
Oct 23, 20251 B/R1,010AED 2,473,3802,448Off-plan
Oct 17, 20253 B/R2,208AED 5,829,0002,640Off-plan
Oct 14, 2025Studio472AED 1,296,0002,746Off-plan
Sep 23, 20252 B/R1,263AED 3,677,0002,911Off-plan
Sep 18, 20253 B/R3,341AED 13,473,0404,033Off-plan
Sep 18, 20254 B/R4,432AED 17,961,4404,052Off-plan
Sep 15, 20252 B/R1,263AED 3,677,0002,910Off-plan
Sep 12, 20252 B/R1,330AED 3,703,4602,784Off-plan
Aug 29, 20252 B/R1,292AED 3,413,3502,641Off-plan

Source: Dubai Land Department transaction records for this project. Figures are historical transacted prices — market context, not a valuation of any specific unit.

Price insights · Business Bay

Median sale prices from Dubai Land Department transactions over the last 12 months, to Jul 2026.

View Dubai market trends
All residential
AED 1.80M

median sale price

Per sqftAED 2,577
Transactions9,424
Apartments
AED 1.80M

median sale price

Per sqftAED 2,577
Transactions9,424

Source: Dubai Land Department open data. Area medians are market context for Business Bay, not a valuation of this specific project.