Business Bay — new off-plan project
Business Bay· Dubai

CANAL HEIGHTS

DLD data as of 16 Aug 2026 · Last deal: 14 Aug 2026

Pictured: One by Binghatti· new project in the area
Direct DLD data

This building's market

Price benchmark (12 mo)
AED 2.6M
+20.5% year-on-year
Implied annual rent
Gross payback
Price per ft² (12 mo)
AED 2 758
-2.5% year-on-year
Deals in 12 mo
41
111 in 24 mo· -41.4%
Estimated gross yield
Developer data

Handover date and payment plan

Handover
Q2 2027
Developer: DAMAC
Payment plan
  • on booking20%
  • during construction40%
  • on handover40%

Matched to project "Canal Heights" on a full name and area match. Source: the developer's published plan, our copy as of 2026-08-08. This is the developer's plan — not DLD data and not an offer: dates and terms are set by the developer.

Dynamics — what changed

Last 12 months vs the previous 12 (DLD registered deals, not a forecast).

Price benchmark (12 mo)
Prev. 12 mo
AED 2.1M
Last 12 mo
AED 2.6M
+20.5% · notable price growth year-on-year
Price per ft² (12 mo)
Prev. 12 mo
AED 2 828
Last 12 mo
AED 2 758
-2.5% year-on-year
Monthly activity
2025-022026-08
DLD registration historyMonthly aggregates of registered sales, not listing prices.
Month
2026-08
Deals
3
Price benchmark
AED 1.3M
per ft²
AED 2 688
Month
2026-07
Deals
1
Price benchmark
AED 1.3M
per ft²
AED 2 808
Month
2026-05
Deals
2
Price benchmark
AED 605K
per ft²
AED 2 715
Month
2026-04
Deals
1
Price benchmark
AED 4.0M
per ft²
Month
2026-03
Deals
6
Price benchmark
AED 2.5M
per ft²
AED 2 910
Month
2026-02
Deals
8
Price benchmark
AED 1.9M
per ft²
AED 2 816
Month
2026-01
Deals
3
Price benchmark
AED 3.7M
per ft²
AED 2 778
Month
2025-12
Deals
4
Price benchmark
AED 3.6M
per ft²
AED 2 807
Month
2025-11
Deals
1
Price benchmark
AED 1.3M
per ft²
AED 2 803
Month
2025-10
Deals
6
Price benchmark
AED 3.9M
per ft²
AED 3 019
Month
2025-09
Deals
6
Price benchmark
AED 2.5M
per ft²
AED 2 718
Month
2025-08
Deals
7
Price benchmark
AED 2.2M
per ft²
AED 2 616
Month
2025-07
Deals
6
Price benchmark
AED 2.0M
per ft²
AED 2 578
Month
2025-06
Deals
4
Price benchmark
AED 2.5M
per ft²
AED 2 894
Month
2025-05
Deals
3
Price benchmark
AED 1.4M
per ft²
AED 2 394
Month
2025-04
Deals
2
Price benchmark
AED 1.9M
per ft²
AED 2 698
Month
2025-03
Deals
4
Price benchmark
AED 3.7M
per ft²
AED 2 909
Month
2025-02
Deals
3
Price benchmark
AED 2.6M
per ft²
AED 2 758
By unit type (24 mo)
TypeDealsPrice benchmarkper ft²
Studio40AED 1.2M2 814
1BR42AED 2.3M2 895
2BR29AED 3.8M2 652

Other buildings in the area with data

Area data: Business Bay
Open the area
Fresh off-plan
1
Prices from
AED 1.5M
Avg. handover
Fresh off-plan

Fresh off-plan nearby

New projects in the area — developer renders

Get a shortlistPhoto: developer render, area illustration — not an exact view of this building.

Source: Dubai Land Department (DLD). Price is a deal-count-weighted average of monthly transaction medians. Implied rent = price × gross yield; payback = 100 ÷ yield. These are gross benchmarks before service charges, vacancy, maintenance and financing; not an offer or unit valuation.

Related

Catalogues and comparisons for more context.

AI Assistant