Canal Heights 2
Business Bay , Dubai
AED 1,230,000
≈
AED 1,230,000
Free Residency Visa
Construction Progress23%
Description
Located in the heart of the dynamic financial hub Business Bay, Canal Heights 2 is a sequel to its successful predecessor. There is a collection of studios, 1, 2, 3 and 4-bedroom apartments and duplexes in the tower. It is positioned on the fringes of the picturesque Dubai Canal and offers proximity to the iconic Burj precinct, like the Burj Khalifa. A short drive from Canal Heights 2 de GRISOGONO brings residents to urban recreational hotspots like City Walk, a lively blend of dining, shopping, and amusement options.
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden
Property Details
CompletionOff-Plan -
Q1 2027
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,230,000
DLD Fee (4%)AED 49,200
Trustee FeeAED 4,200
Agency (2%)AED 24,600
Total
InvestmentAED 1,308,000
Expected Annual Returns
Expected Annual RentAED 89,790
Service Charges (Est)-AED 6,540
Net Annual
IncomeAED 83,250
Net Annual ROI6.4% (after expenses)
Payback Period15.7 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa1.6 km
Dubai Mall1.5 km
Dubai Airport (DXB)11.6 km
Mall of the Emirates10.7 km
Dubai Marina18.2 km