The famous developer DAMAC Properties is building top-notch residential towers in Business Bay, one of Dubai’s most prestigious districts, that accommodates business centres, shopping malls, and headquarters of the world’s largest companies.
The ultra-modern residential project, Canal Heights, is due for completion in the fall 2027, but buyers can already choose a property to their taste, e.g., 41 sq m studios cost upwards of AED 1.255 million (USD 341,700), one-bedroom apartments, AED 1.671 million (USD 455,000), and two-bedroom homes, AED 3.429 million (USD 933,000). Wealthy investors ready to spend AED 18.2 million (USD 5 million) or more can consider buying a residence occupying the entire floor.
Despite the prime location in the very centre of the city, the new building will create the vibes of living on the water due to its proximity to the Dubai Water Canal. Residents will be able to admire its breathtaking views from their balconies and panoramic windows.
