Canal Heights in Business Bay, Dubai

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DAMAC Properties · Business Bay, Dubai

Starting price

AED 3,538,000

Enquire

Handover

June 2027

Status

active
DLD construction progress18%

About this project

Canal Heights is an off-plan residential development by DAMAC Properties in Business Bay, Dubai. Prices start from AED 3,538,000. The current unit mix includes studios, 1-bedroom homes, 2-bedroom homes. Dubai Land Department data records construction progress at 18%. Expected handover is June 2027.

What buyers should know

Canal Heights is located in Business Bay, Dubai and is developed by DAMAC Properties. Prices start from AED 3,538,000. Dubai Land Department data records construction progress at 18%.

Location

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

Amenities

GymnasiumRestaurantsShared PoolChildren's Play Area

Payment plan

  • 20/60/20

Project brochures

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

Project brochureOpen PDF in a new tab

The official record

Registered with the Dubai Land Department — construction progress, escrow and sales history are the government's figures, not the developer's.

Construction progress18%Under construction
Escrow agentEMIRATES NBD BANK (P.J.S.C)Holds buyer payments until handover
Developer licenceCurrentValid to 16 Jan 2027
Expected completion31 Dec 2026415 units registered
Registered sales
463
In the last 12 months
40
Median sold price
AED 1.43M
Median price per sqft
AED 2,831/sqft
Median size sold
480 sqft
First sale
27 Feb 2023
Latest sale
14 Aug 2026
Off-plan vs ready
462 / 1

What has sold here, by size

Every registered sale in Canal Heights, not a window — an individual project can trade rarely, and three sales over two years is better evidence than none.

SizeSalesMedian priceTypical rangePrice/sqftLatest
Studio2361.32MAED 1.29M – AED 1.35MAED 2,852/sqft13 Aug 2026
1 B/R1622.25MAED 2.08M – AED 2.47MAED 2,820/sqft31 Mar 2026
2 B/R633.73MAED 3.61M – AED 4.25MAED 2,760/sqft14 Aug 2026
3 B/R112.60MAED 12.60M – AED 12.60MAED 4,030/sqft18 Oct 2023
Unspecified1165.64MAED 165.64M – AED 165.64MAED 3,389/sqft27 Feb 2023
Market data for Business BayVESTA REAL ESTATE DEVELOPMENT L.L.C's full recordEvery sale in this project

Transactions at Canal Heights

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

View Dubai market trends
Median sale price
2.53M
last 12 months
Median price / sqft
AED 2,821/sqft 0.4% vs last year
last 12 months
Transactions
47
last 12 months

Median price / sqft by year

By bedrooms · last 12 months

Studio

13 sales

1.28M

Per sqft2,808

1 B/R

15 sales

2.48M

Per sqft2,906

2 B/R

19 sales

3.86M

Per sqft2,765

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
Jul 6, 2026Studio454AED 1,276,0002,808Off-plan
Apr 28, 20262 B/R1,409AED 4,032,9602,861Off-plan
Mar 31, 20261 B/R818AED 2,527,0003,091Off-plan
Mar 30, 2026Studio473AED 1,359,0002,873Off-plan
Mar 30, 20261 B/R716AED 1,927,0002,690Off-plan
Mar 16, 20261 B/R871AED 2,530,0002,906Off-plan
Mar 12, 20262 B/R1,505AED 4,441,0002,950Off-plan
Mar 3, 20262 B/R1,505AED 4,439,0002,950Off-plan
Feb 25, 20262 B/R1,381AED 3,817,1002,764Off-plan
Feb 19, 20261 B/R825AED 2,481,0003,006Off-plan
Feb 18, 20261 B/R825AED 2,481,0003,007Off-plan
Feb 18, 2026Studio451AED 1,100,0002,438Off-plan
Feb 17, 2026Studio452AED 1,274,0002,821Off-plan
Feb 12, 2026Studio458AED 1,278,0002,788Off-plan
Feb 12, 2026Studio456AED 1,327,0002,908Off-plan
Feb 2, 20262 B/R1,381AED 3,856,0502,792Off-plan
Jan 22, 20262 B/R1,597AED 4,415,0402,765Off-plan
Jan 13, 20262 B/R1,367AED 3,713,2802,717Off-plan
Dec 24, 20252 B/R1,490AED 4,266,0002,863Off-plan
Dec 17, 20252 B/R1,327AED 3,663,0002,760Off-plan
Dec 12, 20252 B/R1,333AED 3,578,9602,685Off-plan
Dec 1, 2025Studio443AED 1,292,0002,920Off-plan
Nov 19, 2025Studio468AED 1,312,0002,803Off-plan
Oct 30, 20252 B/R1,331AED 3,562,3002,675Off-plan
Oct 27, 20252 B/R1,476AED 4,247,0002,876Off-plan
Oct 20, 20252 B/R1,476AED 4,247,0002,877Off-plan
Oct 13, 20251 B/R833AED 2,791,4783,349Off-plan
Oct 13, 20251 B/R833AED 2,794,5053,354Off-plan
Oct 10, 20252 B/R1,410AED 4,203,0002,981Off-plan
Sep 18, 20251 B/R764AED 1,574,3002,060Off-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
1.80M

median sale price

Per sqftAED 2,577/sqft
Transactions9,424
Apartments
1.80M

median sale price

Per sqftAED 2,577/sqft
Transactions9,424

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