Distress Resale | Premium Waterfront Address | High ROI Potential

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

19th May 2026

Completion Status

Off-Plan

Payment Plan

60/40

Handover

Q1 2027

Developer

DAMAC Properties

Project Name

Canal Heights 2

Own a premium residence in the iconic Canal Heights 2 by DAMAC, located in the heart of Business Bay. This is a rare distress resale opportunity offering exceptional value for investors and end-users looking to secure a luxury waterfront property below market value.

Property Type: 1 Bedroom Apartment
Location: Canal Heights 2, Business Bay, Dubai
Size: 1,009 Sq.Ft.
Status: Resale | Distress Deal
View: Premium Community / Canal View

Rare distress resale opportunity below current market value
Spacious layout with premium finishes
Located directly on the Dubai Canal waterfront
Developed by DAMAC in collaboration with luxury-inspired design concepts
Excellent investment potential with strong rental demand in Business Bay
Minutes away from Downtown Dubai and DIFC
World-class lifestyle amenities and resort-style living
Ideal for investors, professionals, and luxury lifestyle seekers

Residents of Canal Heights 2 will enjoy access to luxury amenities including:

Infinity swimming pools
State-of-the-art gymnasium
Wellness and spa facilities
Luxury lobby and concierge services
Landscaped leisure decks
Retail and dining outlets
BBQ and social areas
Children’s play area
Jogging and walking tracks
24/7 security and covered parking
Canal-side promenade access

Nearby places:
5 Minutes to Downtown Dubai
7 Minutes to Dubai Mall & Burj Khalifa
10 Minutes to DIFC
15 Minutes to Dubai International Airport
Easy access to Sheikh Zayed Road & Al Khail Road
Close to Dubai Canal promenade, restaurants, cafes, and luxury retail

Contact now for pricing details, payment plan information, and to secure this exclusive distress resale opportunity before it’s gone.

Posted on: 18th May 2026