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Canal Heights 2 - Rothmore Property
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Dubai

Canal Heights 2

  • From
    £582,002
  • Bedrooms
    1, 2 & 3
  • Status
    Off-Plan
Infinity Pool (Stars Lake)
Elite Stars Club
Jewellery Café
Beauty Salon
Gymnasium
Landscaped Waterfront Promenade
Concierge Services
Children's Play Area

Canal Heights 2 by DAMAC: Jewellery-Inspired Waterfront Living

 

Freehold Canal-Front Apartments with 6–8% Yields, Business Bay

Canal Heights 2 is a 44-storey freehold residential tower by DAMAC Properties in collaboration with luxury jeweller de GRISOGONO. With 376 apartments starting from £582,002 and all units exceeding the AED 2 million threshold, every purchase qualifies for the UAE Golden Visa. Business Bay continues to deliver gross rental yields of 6–8% for well-positioned waterfront stock.

 

Blue Topaz Interiors and Resort-Scale Amenities

Inspired by the blue topaz gemstone, interiors feature cascading textures, shimmering accents and gold-toned finishes curated by de GRISOGONO. Residents access the Stars Lake infinity pool, Elite Stars Club, a dedicated beauty salon and jewellery café – all set along a landscaped waterfront promenade on the Dubai Canal.

 

Prime Connectivity to Downtown and DIFC

Positioned on the Dubai Water Canal in the heart of Business Bay, Canal Heights 2 sits minutes from Downtown Dubai, Dubai Mall and DIFC. For a broader view of the Dubai investment landscape, read our Dubai Investment Guide 2026.

 

For more details and guidance from our team, enquire now.

 

[Disclaimer] The property prices listed are based on the exchange rates available at the time of publication. Due to currency fluctuations, the actual price in your local currency may vary.

Yields up to
8%
Completing in
Q3 2027
Freehold
100%
UAE Golden Visa
Eligible

Units & Availability

1 Bed - Rothmore Property
Lowest entry point
1 Bed
From £582,002
971 - 1,077 sq ft
2 Bed - Rothmore Property
Canal-front living
2 Bed
From £706,717
1,315 - 4,091 sq ft
3 Bed - Rothmore Property
Penthouse collection
3 Bed
From £2,635,886
3,097 - 3,319 sq ft
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Canal Heights 2 is one of the most exciting DAMAC launches we’ve seen this year. The de GRISOGONO collaboration brings a level of interior finish that stands apart in Business Bay, and with every unit qualifying for the Golden Visa, it’s a compelling proposition for UK investors looking at Dubai.

Sequoia Des-Etages
Senior Property Consultant
Enquire More here
10 years
Your investment repayment would be:
£ 1,746 per month.
I’m buying my first home
Stamp Duty:
£19,100
You have to pay stamp duty:
0% between £0 and £125,000
2% between £125,000 and £250,000
5% between £250,000 and £582,002
Your effective stamp duty rate is 3.282%.
Gross Yield:
0.00%

(without running costs)

Net Yield:
0.00%

(with running costs)

Finance Assistance

Looking for mortgage guidance or have questions? We’re here to help.

Navigating property finance can feel complex, but with the right support, it doesn’t have to be. Whether you're exploring mortgage options or need insight into financing your investment, our trusted network of experts is available to assist.

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About DAMAC Properties

DAMAC Properties, founded in 2002 and headquartered in Dubai, is one of the Middle East’s largest luxury developers with over 47,000 homes delivered across the UAE, Saudi Arabia, the UK and beyond. Notable projects include DAMAC Hills, AYKON City and partnerships with fashion houses Versace, Fendi and now de GRISOGONO. DAMAC is listed on the Dubai Financial Market and continues to expand its branded residences portfolio globally.

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About DAMAC Properties - Rothmore Property
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UK investors: Golden Visa-ready homes on the Dubai Canal

Business Bay has matured into one of Dubai’s most sought-after investment corridors for UK and international buyers. Its position between Downtown and DIFC delivers strong tenant demand from corporate professionals, while freehold ownership and zero income tax make it particularly compelling for overseas investors seeking net yield advantages.

 

Q: Do all units at Canal Heights 2 qualify for the UAE Golden Visa?
Yes. The lowest-priced unit starts at AED 2,828,000, well above the AED 2 million threshold required for a 10-year renewable Golden Visa.

 

Q: What rental yields can investors expect in Business Bay?
Business Bay typically delivers gross rental yields of 6–8%, supported by strong tenant demand from professionals working in DIFC and Downtown Dubai.

 

We can walk you through every step – book a call with our team today.

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Location

Nearby Landmarks

Downtown Dubai
5-min drive
Burj Khalifa
6-min drive
Dubai Mall
7-min drive
DIFC
8-min drive
Dubai International Airport
15-min drive
Dubai Marina
15-min drive

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