Avarra by Palace vs Canal Heights 2 de GRISOGONO
Side by side on price, unit sizes, payment plan and handover.
Where each one wins
Drawn from the two developments' published prices, plans and handover targets.
Lower entry price
Canal Heights 2 de GRISOGONO starts 13% lower, at AED 2,828,000 against AED 3,232,888. Check that you are comparing like with like: the entry unit may be a different size or type.
More space for the money
On average Avarra by Palace works out at about AED 3,329 per sq ft against AED 3,383 at Canal Heights 2 de GRISOGONO.
Sooner to complete
Canal Heights 2 de GRISOGONO is targeted for Q3 2028, ahead of Avarra by Palace in Q2 2031. Earlier handover means earlier rent, and less time for the market to move against you.
Lighter on cash before handover
Canal Heights 2 de GRISOGONO asks for 60% of the price before handover; Avarra by Palace asks for 90%.
Side by side
| Attribute | Avarra by Palace | Canal Heights 2 de GRISOGONO |
|---|---|---|
| Developer | Emaar Properties | DAMAC Properties |
| Location | Business Bay, Dubai | Business Bay, Dubai |
| Status | Off-plan | Under construction |
| Handover | Q2 2031 | Q3 2028 |
| Price from | AED 3,232,888 | AED 2,828,000 |
| Average AED / sq ft | 3,329 | 3,383 |
| Home types | Apartments, penthouses | Apartments |
| Bedrooms | 1 to 6 bed | 1 to 4 bed |
| Sizes | 788 to 14,861 sq ft | 1,043 to 4,666 sq ft |
| Payment plan | 10/80/10 | 5/55/40 |
| Due before handover | 90% | 60% |
| Post-handover payments | No | No |
| Fees on entry price (est.) | AED 130,336 | AED 114,140 |
| Tenure | Freehold | Freehold |
| Golden Visa range (AED 2m+) | Yes | Yes |
| Total homes | n/a | n/a |
Developer list prices and stated targets; each development page shows when its figures were last checked.
Starting prices for the same home type
| Home type | Avarra by Palace | Canal Heights 2 de GRISOGONO | Difference |
|---|---|---|---|
| 1-bedroom apartments | AED 2,700,000788 to 828 sq ft | AED 2,828,0001,043 to 1,077 sq ft | AED 128,000 more at Canal Heights 2 de GRISOGONO |
| 2-bedroom apartments | AED 4,000,0001,199 to 1,449 sq ft | AED 3,434,0001,315 to 4,091 sq ft | AED 566,000 more at Avarra by Palace |
| 3-bedroom apartments | AED 5,700,0001,640 to 1,848 sq ft | AED 12,808,0003,097 to 3,319 sq ft | AED 7,108,000 more at Canal Heights 2 de GRISOGONO |
| 4-bedroom apartments | AED 13,000,0004,225 to 4,795 sq ft | AED 19,000,0004,666 sq ft | AED 6,000,000 more at Canal Heights 2 de GRISOGONO |
Avarra by Palace
A Palace-branded Emaar tower on the Business Bay side of Downtown Dubai, launched May 2026 for Q2 2031. One- to four-bedroom apartments and a six-bedroom penthouse; Emaar listed 17 units from AED 3,232,888 on 13 November 2026.
What works
- Palace branding from Emaar's hospitality group in a central location.
- 10/80/10 plan spreads most payments over a five-year build.
- 17 units on Emaar's inventory on 13 November 2026, across one- to three-bedroom sizes.
What to weigh
- Handover is not due until Q2 2031, a long exposure to market and construction risk.
- Emaar labels it Downtown Dubai while the project address and portals say Business Bay; check the plot location on the site plan.
- Early buyers are already reselling, so new purchases compete with assignment sales.
Canal Heights 2 de GRISOGONO
The second de GRISOGONO branded Canal Heights tower on the Dubai Canal in Business Bay. DAMAC listed one, two and three-bedroom apartments from AED 2,828,000 in November 2026, with handover shown as Q3 2028.
What works
- A real choice of stock: DAMAC listed 19 apartments across one, two and three bedrooms on 13 November 2026.
- One-bedroom apartments of 1,043 to 1,077 sq ft, from AED 2,828,000.
- On the Dubai Canal, five minutes from The Dubai Mall and City Walk on DAMAC's figures.
What to weigh
- Completion is shown as Q3 2027 and Q3 2028 on DAMAC's site, and as September 2027 on Property Finder.
- 60% of the price falls due within 19 months of purchase.
- Property Finder showed 50 resale listings, so there is competing stock in the same tower.
Avarra by Palace or Canal Heights 2 de GRISOGONO?
Which is cheaper, Avarra by Palace or Canal Heights 2 de GRISOGONO?
Canal Heights 2 de GRISOGONO has the lower starting price at AED 2,828,000, compared with AED 3,232,888 at Avarra by Palace. These are developer list prices for the smallest available unit type in each.
Which will be finished first?
Canal Heights 2 de GRISOGONO has the earlier target (Q3 2028). Off-plan handover dates are developer estimates and can slip.
How do the payment plans differ?
Avarra by Palace is sold on a 10/80/10 plan with 90% due before handover. Canal Heights 2 de GRISOGONO is sold on a 5/55/40 plan with 60% due before handover.
Are Avarra by Palace and Canal Heights 2 de GRISOGONO by the same developer?
No. Avarra by Palace is by Emaar Properties and Canal Heights 2 de GRISOGONO is by DAMAC Properties. Compare their delivery records on the developer pages.
Want a straight answer on which to buy?
The right choice depends on your budget, timing and what the property is for. Tell us and we'll give you a recommendation, with the reasons.
- Current price list and availability, direct from the developer
- No fee to you on off-plan purchases: the developer pays us
- One salaried adviser, not on commission, from first call to handover
