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Canal Heights - Image 1
New LaunchGolden Visa
Business Bay, Dubai·DAMAC Properties

Canal Heights

AED 3.54M
0-2
Bedrooms
0
Bathrooms
400+
Sqft
June 2027 (published target)
Handover
Explore Business Bay
View community info, amenities & nearby attractions
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About This Project

Canal Heights by DAMAC Properties is a Business Bay residential project associated with de GRISOGONO branding. Property Finder describes a core mix of studios and one- and two-bedroom apartments, a June 2027 completion target and a 20/60/20 schedule. Its AED 3,538,000 figure is a published launch reference, not a confirmed current offer. Other layouts, their exact areas and any promotional payment terms require unit-specific confirmation; the existing duplex classification is not treated as a newly verified layout.

Key Features

Theme
Apartment, Duplex
Unique
Business Bay, Dubai
Price
AED 3.5M

Property Documents

Request available documents for this property

Investment Potential

N/A
Published ROI Estimate
N/A
Published Rental Yield
Property Price: AED 3.54M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

May be relevant to property-based residency criteria; verify current rules

Payment Plan

20% down payment; 60% during construction; 20% on handover (published schedule; confirm applicable offer)
20%Booking
60%During
20%On
Booking
AED 0.71M(20%)
During Construction
AED 2.12M(60%)
On Handover
AED 0.71M(20%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
June 2027 (published target)

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Mortgage Calculator

Property Price
AED 3,538,000
Down Payment25% (AED 884,500)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 2,653,500
Monthly PaymentAED 13,570
Total InterestAED 1,417,500

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment, Duplex
Payment Plan20% down payment; 60% during construction; 20% on handover (published schedule; confirm applicable offer)
HandoverJune 2027 (published target)
DeveloperDAMAC Properties
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Review current property-based residency criteria

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