Studio Apartment for Sell in Canal Heights 2

Canal Heights 2 stands as DAMAC Properties' latest waterfront statement in Business Bay, bringing Swiss luxury brand de Grisogono's jewelry-inspired design philosophy to Dubai's canal district. This 45-storey tower offers studios starting at AED 1.3M through four-bedroom duplexes reaching AED 19.2M, with handover scheduled for Q3 2027. The development capitalizes on Business Bay's transformation into Dubai's secondary CBD, where residential values have surged 45.97% over 24 months to reach AED 2,317 per square foot. The project enters a market where waterfront properties command a 50.7% premium over inland alternatives, positioning itself strategically along the 3km Dubai Water Canal. With enabling works completed in September 2024 and main construction underway, Canal Heights 2 targets both investors seeking 6.68% studio yields and end-users drawn to branded luxury living. Project features & benefits Canal Heights 2 distinguishes itself through authentic de Grisogono collaboration, featuring bioluminescent infinity pools, gold-accented interiors, and custom chandeliers unavailable in competing developments. The 45-storey structure maximizes canal and Burj Khalifa views through curved balconies engineered to reduce wind vortex by 27%. Units include smart home systems with AI-assisted climate control, while duplexes add private elevator access and temperature-controlled wine walls.