Canal Heights
DAMAC Properties · Business Bay · from AED 12.5M
Verdict
Canal Heights Deal Score and Verdict
47/100 Deal Score
high confidenceIts entry price is 454% above the median for Business Bay, measured against 15 published prices in the same community.
We could read a price, a payment plan or handover date, and enough comparable prices to judge it.
3 of 6 measures could not be read — scored on 60 of 100 points of weight. What is missing, and why.
How the Deal Score is built This is market analysis, not advice
At a Glance
Canal Heights at a Glance
- Entry price
- AED 12.5M
- Price vs area median
- 454% above the Business Bay median
- Unit mix
-
- 3BR
- 4BR
- Handover
- Q2 2027 — about 2 quarters away
- Payment plan
- Published, but not as percentages we can total
- Status
- selling
- Developer
- DAMAC Properties
- Community
- Business Bay
Every figure here is read from DAMAC's own public website. Where it says not published, they publish nothing on that subject — the score reflects the absence rather than assuming a value.
Takeaways
Why Consider Canal Heights, and What to Weigh
Why consider
The measures we could read, and what each one was computed from.
- value5 453.8% above the median for all of Business Bay (median AED 2,250,000 across 15 published prices)
- developer89 DAMAC Properties has 77 project(s) in the spine, and their site does not label sold-out stock, so no sell-through can be read
- timeline90 handover 2027-Q2 — 2 quarter(s) away
What to weigh
What we could not read, and what to hold against what we could.
- payment the published plan ("1%") is not expressed as percentages we can total
- momentum no price change has been recorded for this project in the last 180 days
- liquidity Dubai Land Department transaction data is not yet connected — no project has a liquidity score, and none of the others depend on one
- caveat The developer publishes a payment plan, but not in a form we can total into percentages.
- caveat This developer does not label sold-out stock on their website, so no sell-through rate can be read.
- caveat The comparison uses every published price in the community, not only projects whose entry unit matches this one.
Payment Structure
Canal Heights Payment Plan
The developer publishes it as: “1%”
Location
Canal Heights — The Business Bay Community
This map shows Business Bay, not the building. DAMAC does not publish a coordinate for Canal Heights, so rather than guess at an address we show the community it is published in. The circle is the community; the project sits somewhere inside it.
Community centres are our own reference points, not the developer’s. They place a project in its neighbourhood and are never an address.
Price in Context
Canal Heights Price Against Business Bay
AED 12.5M entry price — the highest of the published prices in Business Bay, 454% above the community median of AED 2,250,000.
Compared against 15 published prices — tier 2, all unit types.
| Measure | Value |
|---|---|
| This project, entry price | AED 12,460,000 |
| Business Bay median | AED 2,250,000 |
| Comparable prices used | 15 published prices |
| Comparison basis | Tier 2 — all unit types |
Prices are the developer's published entry price, read from their own website. Community medians are rounded to the nearest AED 25,000 before use.
Score Breakdown
Why Canal Heights Scores 47
Six measures, weighted. Every one we could read is shown with what it was computed from; every one we could not is shown with the reason. Nothing is hidden, and a measure we could not read is never counted as a zero.
Scored on 60 of 100 points of available weight. A measure we could not read is left out of the average rather than counted as zero.
Timeline
Canal Heights Handover and Price History
Price movement is measured from changes we have observed ourselves on the developer's website. A project first seen recently has no history yet, and we report that as no movement recorded rather than as a flat price.
Developer
DAMAC Properties in Our Tracker
Data Gaps
What We Could Not Read About Canal Heights
Measures we could not read
Caveats on what we could read
- The developer publishes a payment plan, but not in a form we can total into percentages.
- This developer does not label sold-out stock on their website, so no sell-through rate can be read.
- The comparison uses every published price in the community, not only projects whose entry unit matches this one.
Sources
Last checked against the developer's website on 13 October 2026.
Read the full Deal Score methodology Market analysis, not financial advice
Compare
Similar Projects We Track
Other projects in our tracker that sit close to Canal Heights — in the same community, at a comparable price, or judged against the same set of published prices. Each carries its own score and its own statement of what we could not read.
Binghatti Skyhall
From AED 985K
Same community
Binghatti Aquarise
From AED 1M
Same community
BAYZ101
From AED 1.18M · Q2 2028
Same community
Chosen by published facts — community, comparable set and price band — never by what anyone is paying to promote. Ordered by Deal Score.
Analysis Covering This Project
Articles that name Canal Heights, or analyse the community or developer behind it.
Request the full data sheet on Canal Heights
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