Canal Heights

Project description

Canal Heights is a luxury real estate program located in Business Bay, in the center of Dubai. Offered by Damac, Dubai's second largest developer, Canal Heights is one of the most attractive projects of the early 2023. Ideally located, Canal Heights represents a superbrental property investment opportunityin Dubai. Dubai Immo, the leading French real estate agency in Dubai, offers you acomplete analysis of the Canal Heights project. Find also the visuals, the rates, the payment plan details and the brochure.

Damac's Canal Heights Dubai residence

The project is located along the Dubai Canal, in Business Bay, a few meters from Bay Square, a major business center in Dubai. The residence is composed of two superb towers with a modern design. Designed by the famous high jewelry house De Grisogono, Canal Heights is as beautiful on the outside as it is on the inside. A huge lobby will welcome visitors and residents. They will enjoy a wide range of services, worthy of a real palace. With a resort-style swimming pool, clubhouse, gym and concierge, Damac has really pulled out all the stops. Only a few minutes away from the Dubai mall and the Burj Khalifa, Canal Heights promises to be one of the most beautiful residences in central Dubai.

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Canal Heights Business Bay Apartments

Several types of apartments are available, from studios to 2 bedroom apartments. All apartments will have a balcony and will come with a parking lot included in the purchase price. As always with Damac, the finishing of the apartments will be impeccable. Huge floor-to-ceiling windows will give the Canal Heights apartments maximum light. The most sought after apartments will be those with views of the Dubai Canal or the Burj Khalifa.

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Canal Heights of Damac: the price of the apartments

• Studios from 1.25M AED or 312.000€.
• Apartments with 1 rooms from 1.67AED or 417.000.
• Apartments with 2 rooms from 3.42AED or 855.000.

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Canal Heights Financing Plan

The promoter Damac proposes a payment plan divided between the reservation and the end of the works. This payment plan is interest-free and no bank is involved in the transaction. It is broken down as follows:

• 20% to be paid at reservation + 4% notary fees
• 5 within 3 months of reservation
• 5 within 6 months of reservation
• 5 within 9 months of reservation
• 5 within 12 months of reservation
• 4 within 15 months of reservation
• 4 within 18 months of reservation
• 4 within 21 months of reservation
• 4 within 24 months of reservation
• 3 within 27 months of reservation
• 3 within 30 months of reservation
• 3 within 33 months of reservation
• 3 within 36 months of reservation
• 3 within 39 months of reservation
• 3 within 42 months of reservation
• 3 within 45 months of reservation
• 3 within 48 months of reservation
• 20 on completion of work

Completion is scheduled for June 2027.