Canal Heights 2 de GRISOGONO

Canal Heights 2 de GRISOGONO is the second of two Canal Heights towers that DAMAC is building on the edge of the Dubai Canal in Business Bay. Like its neighbour, it carries interiors branded by the jewellery house de GRISOGONO. DAMAC describes studios, one and two-bedroom apartments and three and four-bedroom duplexes, with a pool, an infinity lap pool, restaurants, a beauty salon and a lit swimming lake it calls the star lake. DAMAC's records give a sales launch in March 2023; Property Finder gives June 2023.

On 13 November 2026 DAMAC's own site listed 19 apartments. Six one-bedroom units ran from AED 2,828,000 to AED 3,306,000 and from 1,043 to 1,077 sq ft. Ten two-bedroom units ran from AED 3,434,000 to AED 6,909,000 and from 1,315 to 4,091 sq ft. Three three-bedroom units ran from AED 12,808,000 to AED 13,656,000 and from 3,097 to 3,319 sq ft. These are the units on offer in November 2026, not the full range in the building. Studios are not currently offered online. Property Finder also shows four-bedroom apartments from AED 19 million at 4,666 sq ft, and three-bedroom duplexes from AED 13 million.

The schedule DAMAC publishes for these units (August 2026, shared with the first Canal Heights tower) asks for 9% immediately, 55% in 18 instalments within 19 months of purchase, and 40% on completion. The instalments add up to 104% of the price because the first payment includes the 4% DLD registration fee, so on the price itself the plan is 5/55/40. Property Finder shows the original 20/60/20 launch plan, which no longer matches DAMAC's current terms.

Completion dates differ. DAMAC's headline gives Q3 2027 and its unit listings give Q3 2028. Property Finder gives September 2027 and recorded construction as 22.56% complete on 27 December 2025. We show the later DAMAC date, Q3 2028, and suggest confirming the date in the sale agreement.

Who it suits: buyers who want a branded one or two-bedroom apartment on the canal from under AED 3 million, five minutes from The Dubai Mall and City Walk on DAMAC's figures. Every one-bedroom apartment on offer is over 1,000 sq ft. What to weigh: the two-bedroom range is wide, so check the floor plan behind each price; 60% of the price is due within about 19 months; Property Finder showed 50 resale listings, which will compete with any unit you later sell; and service charges have not been published.