
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
Construction Installments
Staged during construction
Final Installment
On Handover
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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Map shows approximate project location. Exact site boundaries may vary.
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.
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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.
Full market intelligenceTypically replies within 2 hours
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.
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