Canal Heights
Business Bay , Dubai
AED 1,250,000
≈
AED 1,250,000
Free Residency Visa
Construction Progress24%
Description
Canal Heights, a prestigious residential venture by DAMAC Properties in partnership with De Grisogono, beautifies the coveted Business Bay area. Evoking the charm of a blue pearl, this refined project features branded studios, 1 and 2-bedroom apartments, all featuring stylish interiors and expansive layouts.
Those living in Canal Heights can enjoy stunning vistas of the Dubai Water Canal straight from their residences. The project pledges an unmatched leisure and wellness experience via amenities like yoga domes, an underwater pearl museum, a shell-shaped wave pool, Zorb balls, an infinity lap pool, a scrubs bar and a bubbles arena equipped with a glass bubble fountain.
Amenities & Features
Parking Spaces
Gym or Health Club
Swimming Pool
Lawn or Garden
Barbeque Area
Property Details
CompletionOff-Plan -
Q4 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,250,000
DLD Fee (4%)AED 50,000
Trustee FeeAED 4,200
Agency (2%)AED 25,000
Total
InvestmentAED 1,329,200
Expected Annual Returns
Expected Annual RentAED 82,500
Service Charges (Est)-AED 6,405
Net Annual
IncomeAED 76,095
Net Annual ROI5.7% (after expenses)
Payback Period17.5 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 Emirates10.8 km
Dubai Marina18.2 km