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 | - | ₹9.22 Cr | Under Construction | |
| 1 BHK | - | Price on request | Under Construction | |
| 2 BHK | - | Price on request | Under Construction |
Amenities
Indoor
- de GRISOGONO-inspired grand lobby
- Yoga domes for meditation and private dining
- Spa
- Arts and crafts spaces
- Scrub bar
Outdoor
- Wave pool
- Infinity lap pool with iridescent-tiled base
- Shell-shaped swimming pool
- Underwater snorkelling pearl museum
- Zorb balls
- Rooftop observation deck
Other
- Promenade retail
- Direct Dubai Canal waterfront frontage
Property Information
- Community: Business Bay
- Project Name: Canal Heights by de GRISOGONO
- Listing Price: Starting from ₹9.22 Cr
- List Date: Aug 26, 2026
- Listing ID: AVA001030
- Status: Under Construction
- Construction Type: Canal-front branded residential tower
- Security: 24/7 security
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)
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
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
Around this home
The home plus curated, verified places nearby — each with its own guide.
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.