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DAMAC Canal Heights (Chic Tower 2) exterior
Business Bay·DAMAC

DAMAC Canal Heights (Chic Tower 2)

Check live availabilityView project brochure
Starting priceAED 3,500,000
Payment plan80/20
Anticipated handoverQ4 2027
Development byDAMAC
Area AED/sqftAED 2,547/sqft

The investment case

A new benchmark in
Dubai real estate.

ApartmentsDubai Luxury LivingWaterfront LivingBranded Residences

New branded studios and 1 & 2-bedroom apartments designed by de GRISOGONO x DAMAC Properties. Get more info about Canal Heights (Chic Tower 2), download brochure, floor plans, photos & videos, prices, payment plan.

Canal Heights is an ultra-luxury project, located in the business centre of Dubai called Business Bay. The project, which is considered to be the sequel to Chic Tower by DAMAC and de GRISOGONO, will offer studios and 1-2 bedroom apartments. All residents will benefit from exclusive amenities and close proximity to key locations within the emirate

Canal Heights is an residential project in Business Bay that is the perfect option for those wishing to experience a harmonious lifestyle on the banks of the Dubai Water Canal. The project is expected to be the shimmering sequel to the amazing Chic Tower. The development, created by DAMAC Properties, is branded by de GRISOGONO, who is a well-known Swiss luxury jeweller.

Location
Business Bay
Average size
Available on request

Project literature

Every detail,
kept together.

Review the development specification, residence mix and design narrative, then pair the brochure with live unit availability and the current payment statement.

Project brochure available

Architecture, residences and development specification.

Open the complete PDF in a dedicated browser view. For current inventory, pricing and reservation terms, request the matching live availability sheet.

View brochureCheck live availability

Lifestyle and performance

Designed to live well.
Positioned to perform.

01Infinity Pool
02Gym
03Fitness Centre
04Retail
05Spa
06Marina

Capital structure

Capital,
deployed clearly.

Terms are shown as supplied for the development and remain subject to unit selection and final developer confirmation.

Handover anticipated Q4 2027. Percentages are the developer’s published split. The installment breakdown shows the typical quarterly UAE cadence for illustration — the sale and purchase agreement defines the exact dates and amounts.

Residence intelligence

Space,
measured intelligently.

Compare layouts, orientation and usable space with an advisor, not simply the headline square footage.

Floor-plan collection3 layouts available

Every available plan is included in the organised media library above. Select Floor plans to review each residence layout at full size.

Review the media library

Location advantage

Connected to place.
Connected to value.

10minutes to
The Dubai Mall
10minutes to
Dubai Marina
15minutes to
DXB Airport
45minutes to
DWC Airport
10minutes to
Downtown Dubai
45minutes to
DWC Airport All Available

UAE mortgage calculator and unit schedule

Model the unit
before reservation.

Choose the residence configuration, review the updated planning price and test the mortgage against UAE lending limits. Replace the estimate with the selected unit’s live price before relying on the result.

Area benchmark for Business Bay; confirm against recent comparable transactions before reserving a unit.
UAE project finance modelApartmentsAED 3,500,000 purchase price
Estimated monthlyAED 9,286
Residence configuration
Selecting a configuration updates an indicative planning price using typical UAE size bands. Live inventory and unit-specific pricing must still be confirmed.
Property valueEdit the price to recalculate every figure

Advertised project starting price for the lowest available configuration. Confirm current inventory before relying on it.

Finance profileUAE lending limits update with these selections
Loan structureAdjust the assumptions to stress-test affordability
AffordabilityUsed for the debt-burden and income-multiple checks
Editable developer payment schedule

Apartments

Edit any percentage below. Every instalment amount recalculates immediately from the current unit price; the plan must total exactly 100%.

Plan total100%Ready to model
  1. AED 2,800,000
  2. AED 700,000

This is the published project split. Confirm the exact reservation, construction and handover dates against the current developer documents.

Primary referencesCBUAE mortgage regulationsDubai Land Department mortgage feesUAE lender rate illustration

Continue the shortlist

Properties selected around this brief.

Related by community, developer, residence type and investment profile—not simply by popularity.

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DAMAC Canal Heights (Chic Tower 2).

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