Canal Heights 2 de GRISOGONO
Off-PlanDubai

DAMAC Properties · Dubai

Canal Heights 2 de GRISOGONO

Business Bay, Dubai

Bedrooms

Studio – 3 Bed

Type

Apartment

Payment Plan

20% on booking, 60% during construction, 20% on handover — per third-party sources (no developer payment-plan document exists in this batch); confirm exact staged terms

Handover

Q4 2027

Payment Plan

Booking Deposit

Immediate

20%

Construction Installments

Staged during construction

60%

Final Installment

On Handover

20%
Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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Building Height

49 Floors

Total Units

376

Starting Price

AED 1.25M

Handover

Q4 2027

At a Glance

  • 49-storey tower directly on the Dubai Canal, Business Bay — sequel to DAMAC’s original Canal Heights
  • Designed with Swiss jeweller de GRISOGONO around the Blue Topaz gemstone theme
  • Studio, 1, 2 and 3-bedroom apartments plus duplexes — 376 total units, 14 per floor
  • "Stars Lake" infinity lap pool with a bioluminescent glowing edge
  • "Elite Stars Club" walkway and a dedicated jewellery café
  • Beauty salon styled in shimmering blue-topaz tones
  • Under construction since June 2023 — expected handover Q4 2027

About this project

Canal Heights 2 de GRISOGONO is a 49-storey waterfront tower directly beside the Dubai Canal in Business Bay — the sequel to DAMAC’s original Canal Heights tower, developed by DAMAC subsidiary Resta Real Estate Development. Designed in collaboration with Swiss jeweller de GRISOGONO around the essence of the Blue Topaz, the building offers studio, 1, 2 and 3-bedroom apartments plus duplexes across 376 units. Amenities lean into the jewellery theme: an "Elite Stars Club" walkway, a jewellery café, a beauty salon dressed in shimmering blue-topaz tones, and "Stars Lake" — an infinity lap pool with a bioluminescent glowing edge lit in the colours of DAMAC’s most iconic buildings. Under construction since June 2023 — expected handover Q4 2027. Ask a PropSentral advisor for current availability and pricing.

Interior, fully-furnished — click to enlarge

Amenities

Wellness & Fitness

  • Stars Lake Infinity Lap Pool (Bioluminescent Edge)

Outdoor & Views

  • Elite Stars Club Walkway
  • Landscaped Podium Gardens

Dining & Social

  • Jewellery Café

Lifestyle & Comfort

  • Beauty Salon
  • Waterfront Promenade

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Completion Status, Total Units & Pricing

The brochure is pure lifestyle/marketing copy with zero hard facts — no storey count, unit count, pricing, or handover date is disclosed anywhere in this batch, and no payment-plan or unit-price-list document exists at all (unlike every other DAMAC listing built this session). All structural and commercial facts here are WebSearch-sourced (Propsearch, uae-offplan.com) and flagged distinctly: 49 storeys, 376 units (14/floor), Studio–3BR plus duplexes, starting AED 1,250,000, construction started June 2023, expected handover Q4 2027. The payment plan itself is only known at a coarse 20/60/20 level (booking / construction / handover) per these same third-party sources — no granular staged schedule could be sourced, so none is fabricated here.

  • 49 storeys, 376 units (14/floor), Studio–3BR + duplexes, from AED 1,250,000, handover Q4 2027, 20/60/20 payment planSource: WebSearch — Propsearch.ae, uae-offplan.com

Imagery

Two genuine, project-specific images used: a daylight render of Canal Heights 2’s distinctive twin fluted, sail-topped towers with sky-garden terraces at the crown, taken from the zip’s own "Exterior" folder; and a beauty salon render styled in shimmering blue tones with a blue-flower chandelier, directly matching the brochure’s own "Blue Topaz" beauty salon copy. Note: an initially-selected dusk exterior render (also present in this zip’s Exterior folder) was found on cross-checking to depict a completely different, wavy-curved-balcony building style matching the separate, original Canal Heights project’s own renders — corrected before publishing to use only renders whose architectural style is consistent across this zip’s own Exterior folder.

    Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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    Location

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    About the Developer

    DAMAC Properties

    DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

    View all DAMAC Properties projects

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    Starting from

    AED 1.3M

    20% on booking, 60% during construction, 20% on handover — per third-party sources (no developer payment-plan document exists in this batch); confirm exact staged terms · Handover Q4 2027

    Dubai — Market Yield Range

    5% – 12.5% gross p.a.

    Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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    Developer-Direct Pricing

    Same price as booking through the developer — zero resale markup.

    One Advisor, Start to Finish

    A single point of contact from reservation through to handover — no chain of resellers.