- From
- Price on request
- Sold fromDLD, 12 months
- AED 1.28M
- Buyers paid vs DLD median
- +12%
Price, payment plan and homes
- Starting price
- Price on request
- Bedrooms
- Studio to 4 bed
- 445 – 4,499 sqft · 426 units
- Payment plan
- 20/30/50
- Handover
- Q2 2027
- 36% built per the DLD · likely later
DLD registered sales
- Sold from
- AED 1.28M
- · 27 sales, 12 months
Homes and floor plans
426 homes · Freehold- StudioApartmentfrom 445 sqftPaid AED 1.28M – 1.31MNot listed
- 1 bedApartmentPaid AED 2.48M – 2.53MNot listed
- 2 bedApartmentPaid AED 3.64M – 4.3MNot listed
- 4 bedApartmentup to 4,499 sqftNot listed
Paid: middle half of each type's off-plan sales, Nov 2025–Aug 2026 · DLD
Payment plan
- 20% down payment
- 30% during construction
- 50% on handover
20% Down Payment (On Booking Date); 30% During Construction (1st to 11th Installment); 50% On Handover (100% Completion)
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
The in-depth review
Why it scores 66
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 2 Oct 2026, the area 4 Oct 2026+12% above what buyers paid nearby
33 off-plan sales, last 12 months
Off-plan sales, last 6 months, 806 registered sales in the area
Off-plan sales pace
1 a month
6 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 2,821/sqft in this project (off-plan sales, last 12 months, 33 registered sales, as of 2 Oct 2026) against the DLD median of AED 2,529/sqft for apartments in Business Bay, as of 4 Oct 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Source: Dubai Land Department open data.
How the 66 was scored
8 of 8 factors · 100% of the weight · 1 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 33 registered off-plan sales here, against the median of 806 off-plan sales in Business Bay · DLD
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 30% during construction · 50% on handover
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,714 resales of finished apartments in Business Bay this year · DLD
- Construction on schedule
- 36% built on the DLD register, handover Q2 2027
- How much is still being built nearby
- 3,576 homes sold in Business Bay this year, 52% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence high: what buyers paid here is a median of 33 registered sales, against 806 in the area.
72 → 66 1 Oct 2026Scored since 13 Sep 2026 · 5 score changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 66
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 33 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
- Score history since 13 Sep 2026 and why each move happened
See what buyers paid at Damac Canal Heights, and everything behind the 66.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q2 2027
Under construction · 36.3% built, the DLD's project register, 13 Sep 2026
Is Q2 2027 realistic? See how the construction factor scored it, and whyWhat this means
Also due in 2027 in Business Bay: 17 more projects we list
Damac Properties: 20 projects delivered in the last ten years, typically 12 months late, none cancelled.
Damac Canal Heights is due to hand over in Q2 2027. Construction is 36.3% complete according to the DLD's project register (13 Sep 2026). At that progress it cannot hand over by Q2 2027 at any usual building pace. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration2602
- Escrow account0205837430102
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, saved 13 Sep 2026, last verified 1 Oct 2026. Construction figure from the DLD's project register, 13 Sep 2026. Launch date from the DLD's project register.
Before you pay: four things to check
1The escrow account
Pay only into escrow account 0205837430102, and check it on dubailand.gov.ae first.2The handover date
The listed date is Q2 2027. The DLD shows 36% built on 13 Sep 2026, a pace that points to later. Ask for the date in the sales agreement.3Today's price list
No price is published. Ask for the current price list.4The instalment dates
20% at booking, 30% during construction, 50% at handover. Ask for each payment's date and amount.
About
Damac Canal Heights is Damac's 43-storey apartment tower of 426 homes in Business Bay, Dubai, with studios to four-bedroom apartments from about 445 to 4,499 sq ft.
Read more
The project is registered in Dubai as 2602, escrow account 0205837430102, and stood at 36.3% built at the register's last reading (2026-09-13).
- Developer
- Damac Properties
- Area
- Business Bay
- Status
- Under construction
- Sales launch
- 25 May 2023
- Total units
- 426
- Storeys
- 43
- Ownership
- Freehold
Amenities
- Pearl Museum
- Restaurants
- Roof Cafe
- Shell Shaped Pool
- Swimming Pool
- Yoga Dome
What’s nearby
straight-line distance- Supermarket or mall260 m
- Metro or tram stop890 m
- Beach1.3 km
- Hospital or clinic1.4 km
- School2.3 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Business Bay
Compare side by sideAll projects in Business Bay
Damac Canal Heights: questions buyers ask
What is the price per sqft at Damac Canal Heights?
Buyers paid a median of AED 2,821 per sqft at Damac Canal Heights (off-plan sales, last 12 months, 33 registered sales).
When is the Damac Canal Heights handover date?
Damac Canal Heights is expected to hand over in Q2 2027. The project is under construction, 36.3% built according to the DLD's project register.
What is the Damac Canal Heights payment plan?
Damac Canal Heights is offered on a 20/30/50 plan: 20% on booking, 30% during construction and 50% at handover.
Is Damac Canal Heights priced above or below what buyers paid nearby?
Buyers paid a median of AED 2,821 per sqft in Damac Canal Heights (off-plan sales, last 12 months, 33 registered sales), which is 12% above the median of AED 2,529 per sqft that buyers actually paid for apartments in Business Bay, across 806 sales registered with DLD.
What is the Rendr Score of Damac Canal Heights?
Damac Canal Heights scores 66 of 100 on the Rendr Score, good, as of 1 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Damac Canal Heights?
Damac Canal Heights is being developed by Damac Properties. It sits in Business Bay, Dubai.
Is Damac Canal Heights registered with DLD?
Damac Canal Heights is registered with the Dubai Land Department (DLD) under number 2602. Buyer payments go to escrow account 0205837430102. Check it at dubailand.gov.ae before you pay.
Changes
Listed 13 Sep 2026 · 1 correction since, last 1 Oct 2026
Starting price corrected to Price on request (was listed as AED 1.25M)
Source: tanamiproperties.com, saved 13 Sep 2026
Listed on the site
Source: tanamiproperties.com, saved 13 Sep 2026
Still weighing Damac Canal Heights?
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