Canal Heights By De GRISOGONO
- AVA001030Canal Heights By De GRISOGONO, Marasi Drive, Business Bay, Dubai, United Arab Emirates
Canal Heights By De GRISOGONO
- AVA001030Canal Heights By De GRISOGONO, Marasi Drive, Business Bay, Dubai, United Arab Emirates
Canal Heights by de GRISOGONO is a luxury residential tower by DAMAC Properties set beside the Dubai Canal in Business Bay, Dubai. Created in partnership with the celebrated Swiss high-jewellery house de GRISOGONO, the building draws its inspiration from the Blue Pearl - a symbol of trust, tranquility and beauty - and is presented as the shimmering sequel to DAMAC's Chic Tower. Its sleek, multifaceted exterior shines by day and sparkles at night, standing out among the stylish high-rises, trendy apartment buildings and hotels of Business Bay's spirited financial district. Inside, the collection comprises studio, one and two-bedroom apartments across the residential levels, with three and four-bedroom duplexes on the upper floors. Enter the Canal Heights lobby and immerse yourself in a shifting, otherworldly glow of magnificent colours, effervescent textures and fluid forms that reflect a de GRISOGONO-styled luxury. A diverse range of amenities brings natural elements alive: a shell-shaped pool for pearl-hunting, an infinity lap pool with an iridescent-tiled base, a wave pool, multipurpose yoga domes for meditation and intimate dining, and a one-of-a-kind underwater pearl museum where residents can snorkel with history. A rooftop observation deck, spa, arts and crafts spaces, scrub bar and promenade retail complete the offering. Located on Marasi Drive with direct canal frontage, Canal Heights places residents minutes from Downtown Dubai, Burj Khalifa, The Dubai Mall and the wider city, with completion targeted for the second quarter of 2027.
Property Details
- Micro-market
- Business Bay / Dubai Canal
- Configuration
- Apartment
- Property Type
- Apartment
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Studio | — | AED 3.54M | Under Construction | |
| 1 BHK | — | Price on request | Under Construction | |
| 2 BHK | — | Price on request | Under Construction |
Property Information
- Community: Business Bay
- Project Name: Canal Heights by de GRISOGONO
- Listing Price: AED 3.54M
- List Date: Aug 26, 2026
- Days on Market: 0
- Listing ID: AVA001030
- Status: Under Construction
- Construction Type: Canal-front branded residential tower
- Security: 24/7 security
- Pool: Wave pool; infinity lap pool; shell-shaped pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Off-plan DAMAC x de GRISOGONO branded Business Bay tower; canal-front; per-type prices not published (project 'from' price shown)
- Capital Appreciation: 8%
- Property Tax Jurisdiction: UAE - 0% property tax on residential
Location
Canal Heights By De GRISOGONO, Marasi Drive, Business Bay, Dubai, United Arab Emirates
- Airport: Dubai International Airport (DXB) - 17.5 km
- Metro: Business Bay Metro Station - 8.5 mins
- Highway: Sheikh Zayed Road & Al Khail Road
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 9 / 10 | Fountains at Dubai Mall | Leisure Destination | Evening | 1.3 km |
| 9 / 10 | Bay Avenue Mall & Park | Shopping Mall | Early morning or evening | 0.5 km |
| 9 / 10 | Kidzania | Theme Park | Weekdays | 1.6 km |
| 9 / 10 | Dubai Ice Rink | Ice Rink | Weekday mornings | 1.6 km |
| 8.6 / 10 | Dubai Aquarium | Leisure Destination | Early morning or late evening | 1.7 km |
| 9.8 / 10 | La Perle | Entertainment | Weekdays | 3.4 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹23,027.689
per month
20 years • 8.5% interest • Fixed rate
₹23K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
Calculate potential returns on rental property investments
How much do you want to invest?
Net Rental Yield
1.8%
Monthly Income
₹5K
Rental Breakdown
This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.
Similar Homes
Similar homes comparable in price, location and layout.
Loading…
Social Infrastructure
Key education, healthcare, and dining amenities near this property.