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Vidian Capital Developments

Dubai Investments

Dubai - Business Bay

Canal Heights 2 – Damac

Summary

Canal Heights 2 is a luxury waterfront development in Business Bay, Dubai, offering branded residences inspired by the elegance of de GRISOGONO. Positioned along the Dubai Canal, it combines premium lifestyle living with strong rental demand and capital growth potential in one of Dubai’s most sought-after locations.

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From£219,921
Prices From
£219,921
Expected Yields
7-9%
Completion
Q3 2027
Bedrooms
1 - 3
Deposit
20%
Tenure
Freehold
Investment Detail

Overview

Canal Heights 2 is an iconic Dubai property investment opportunity developed by DAMAC in collaboration with luxury jewellery brand de GRISOGONO. Inspired by the beauty of the blue topaz gemstone, the development blends high-end design with waterfront living to create a truly distinctive residential experience.

Located in Business Bay, Dubai’s financial district, the development sits directly along the Dubai Canal, surrounded by premium high-rise towers, hotels, and lifestyle destinations. This prime positioning ensures strong demand from both residents and short-term tenants.

As a continuation of the success of Canal Heights, this second phase elevates luxury living with enhanced design, curated amenities, and branded interiors—making it a standout option for investors seeking both prestige and performance.

At A Glance

Development Highlights

  • Luxury waterfront development in Business Bay
  • Branded residences inspired by de GRISOGONO
  • Prime position directly along the Dubai Canal
  • Architecturally striking twin-tower design
  • High-end interiors inspired by the blue topaz gemstone
  • Developed by leading luxury developer DAMAC
Lifestyle

Amenities

  • Wellness & Leisure: Infinity lap pool (“Stars Lake”) with illuminated features
  • Wellness & Leisure: Resort-style swimming pools and relaxation areas
  • Wellness & Leisure: Wellness and spa-inspired spaces
  • Lifestyle & Social: Jewellery cafe and luxury social spaces
  • Lifestyle & Social: Elite Stars Club for networking and entertainment
  • Lifestyle & Social: High-end lounges and leisure areas
  • Work & Convenience: Concierge and valet services
  • Work & Convenience: Luxury lobby with designer interiors
  • Work & Convenience: Retail and lifestyle facilities within the development
Location

Location Highlights

  • Direct access to Dubai Canal waterfront
  • Minutes from Downtown Dubai & Burj Khalifa
  • Close to Dubai Mall and DIFC
  • Surrounded by luxury hotels, offices, and restaurants

Why Invest In Canal Heights 2 - Damac?

  • Prime Business Bay Waterfront Location
  • Situated along the Dubai Canal in the heart of the financial district, close to Downtown Dubai and major business hubs.
  • Strong Capital Growth Potential
  • Business Bay continues to see high demand and price growth, driven by its central location and ongoing development.
  • High Rental Demand
  • Attracts professionals, corporate tenants, and short-term visitors due to its location and luxury offering.
  • Branded Luxury Development
  • Designed in collaboration with de GRISOGONO, enhancing long-term desirability and resale value.

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