Damac Canal Heights 2

Damac Canal Heights 2 is in Business Bay, Dubai, Dubai.

Handover is listed for Q3 2027. Off-plan handover dates move, so ask us for the current schedule before you commit.

Damac Canal Heights 2 is developed by DAMAC. We list 83 of their off-plan projects, which you can see on their developer page.

Listings show prices from AED 2.8M. For context, Business Bay recorded 9,202 registered sales in the 12 months to Sep 2026, at a median of AED 2.09M. Launch pricing changes by release, so ask us for the live price list and availability rather than working from a published figure.

On the numbers, Business Bay is an active market: 9,202 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 2,550 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.

Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. Ask us to confirm the ownership type on this specific project before you pay anything.

Listings show down payment 20%, payment plan 50/50. Plans are set by the developer per release and change between phases, so treat these figures as a starting point. On a project registered with the Dubai Land Department, payments go into a RERA-regulated escrow account rather than to the developer directly. Before you pay anything, check that this project is on the register. Ask us for the current schedule, including whether there is a post-handover element.