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Business Bay, Dubai

Canal Heights 2

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Canal Heights 2, Business Bay

Canal Heights 2 in Business Bay by Damac is a 48-storey residence featuring studios through four-bedroom duplexes. The distinctive curved facade channels blue topaz inspiration, whilst the location provides proximity to the Water Canal and major shopping and cultural attractions.

The homes

Duplexes and apartments and studios of one to four bedrooms, from 892 to 4,666 sq ft. The homes are due in Q3 2027.

The tower rises within Business Bay's vibrant district, where corporate offices, retail centres, and entertainment venues create a dynamic urban environment. Proximity to the Water Canal offers residents scenic recreational pathways and connection to the broader waterfront precinct. The location combines professional convenience with ready access to shopping, dining, and cultural venues, establishing a lifestyle balancing work and leisure.

Damac Properties logo
Developed by
Damac Properties
Founded 2002

DAMAC Properties is a luxury real estate developer established in 2002, recognised for creating innovative residential and commercial projects throughout the Middle East.

Every project by Damac Properties
The brochure

The Canal Heights 2 brochure

Explore Canal Heights 2 in detail, from the residences and floor plans to the amenities, in Damac Properties’s official brochure.

Type
duplex apartments, apartment, duplex
Beds
Studio, 1, 2, 3, 4 Bedrooms
Sizes (sq ft)
892 - 4,666
Handover
Q3 202736% built
Price from
AED 2,830,000
Burj Khalifa5 min drive
Dubai Frame15 min drive
Dubai Mall5 min drive
Dubai Water Canal10 min drive
Kite Beach15 min drive
Ras Al Khor Wildlife Sanctuary20 min drive

About Business Bay

Business Bay is one of Dubai's defining neighbourhoods, blending commercial, residential and leisure uses within a dynamic, high-rise setting. The community sits at the heart of Dubai's business and entertainment scene, steps from Downtown Dubai and the Burj Khalifa. By road, Canal Heights 2 is 5 minutes from Burj Khalifa, 5 from Dubai Mall, 10 from Dubai Water Canal and 10 from Oasis Mall.

Property in Business Bay

Features & amenities

Swimming pool
Gym
Yoga and meditation
Restaurants and cafés
24-hour security

The masterplan

The 48-storey tower's curved form rises along the Business Bay waterfront, its distinctive profile framing views across the precinct. Waterfront promenades and landscaped walkways surround the base, creating public realm connections. Rooftop amenities, multiple pools, and dining venues are distributed vertically through the building, emphasising the vertical community experience.

Payment plan

20%Down payment
60%During construction
20%On handover

Progress

36% built, as of 27 December 2025

Sales launched
10 June 2023
Planned handover
30 September 2027
Registered asBuiltExpected completionUnits
Canal Heights 2No. 261536%March 2027505

Registered: 262 Studio, 171 1-bedroom, 55 2-bedroom, 11 3-bedroom, 2 4-bedroom. Buyers' payments are held in an escrow account at Emirates NBD Bank.

The film

Questions

Where is Canal Heights 2?

Canal Heights 2 is in Business Bay, Dubai, a development by Damac Properties.

Who is the developer of Canal Heights 2?

Canal Heights 2 is developed by Damac Properties, a company founded in 2002.

What homes are there at Canal Heights 2?

Canal Heights 2 has apartments and duplexes with studios and 1, 2, 3 and 4 bedrooms, from 892 to 4,666 sq ft.

What is the price of Canal Heights 2?

Homes at Canal Heights 2 start from AED 2,828,000 (about USD 770K), as of 22 September 2026.

Is Canal Heights 2 expensive for Business Bay?

From AED 3,171 a square foot, against a median of AED 2,577 for 49 new projects in Business Bay.

When is handover at Canal Heights 2?

Handover at Canal Heights 2 is planned for Q3 2027.

What is the payment plan at Canal Heights 2?

The developer's payment plan is 20% on booking, 60% during construction and 20% on handover, as of 1 November 2026.

Are there floor plans for Canal Heights 2?

Yes. This page shows 27 floor plans for Canal Heights 2, covering 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes.

Get in touch

Send us a message on WhatsApp or book a consultation with one of our advisers in Dubai.

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