--- title: "Canal Heights de GRISOGONO by DAMAC Properties" canonical: https://www.uaepropertyagents.com/dubai/business-bay/canal-heights-de-grisogono markdown: https://www.uaepropertyagents.com/md/dubai/business-bay/canal-heights-de-grisogono.md type: development description: "The first of DAMAC's two de GRISOGONO branded Canal Heights towers on the Dubai Canal in Business Bay. In November 2026 DAMAC listed one three-bedroom and one four-bedroom apartment, from AED 12,460,000." last_verified: 2026-11-13 sources: 4 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Canal Heights de GRISOGONO by DAMAC Properties > The first of DAMAC's two de GRISOGONO branded Canal Heights towers on the Dubai Canal in Business Bay. In November 2026 DAMAC listed one three-bedroom and one four-bedroom apartment, from AED 12,460,000. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Developer | [DAMAC Properties](https://www.uaepropertyagents.com/developers/damac) | | Location | [Business Bay](https://www.uaepropertyagents.com/dubai/business-bay), Dubai | | Status | under construction | | Developer's handover target | Q2 2028 | | Sales launched | 2023-03 | | Tenure | freehold | | Price | From AED 12,460,000 to AED 17,543,000 (published figure, 13 November 2026) | | Average price per sq ft | AED 4,004 | | Home types | 3-bedroom apartments, 4-bedroom apartments | | Brand | de GRISOGONO | | Golden Visa value test | Some homes are priced at or above AED 2,000,000 | ## Overview Canal Heights de GRISOGONO is a residential tower by [DAMAC](https://www.uaepropertyagents.com/developers/damac) on the edge of the Dubai Canal in [Business Bay](https://www.uaepropertyagents.com/dubai/business-bay), and the first of two Canal Heights towers. Its interiors are branded by the jewellery house de GRISOGONO, and the amenities follow a pearl theme: a pearl museum, yoga domes, a rooftop café, an infinity pool and a shell-shaped pool. DAMAC's FAQ describes the tower as studios and one and two-bedroom apartments. DAMAC's records give a sales launch in March 2023. In November 2026 DAMAC was not offering those smaller units online. On 13 November its site listed two large apartments, both on the 41st floor: a three-bedroom of 3,113 sq ft with five bathrooms at AED 12,460,000, and a four-bedroom of 4,381 sq ft with six bathrooms at AED 17,543,000. Both work out at about AED 4,000 per sq ft. These are the units on offer in November 2026, not the full range in the building. Neither type appears in DAMAC's list of unit types, so ask for the floor plan before going further. Property Finder showed 39 resale listings in the tower, the more likely route for a studio or a one or two-bedroom apartment. The schedule DAMAC publishes for both units (November 2026) asks for 9% immediately, 55% in 16 instalments within 17 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. The project page shows a payment plan headline of 1% without explaining it; the published schedule is the one to work from. Completion dates differ. DAMAC's headline gives Q2 2027 and its unit listings give Q2 2028. Property Finder gives June 2027 and recorded construction as 23.61% complete on 27 December 2025. We show the later DAMAC date, Q2 2028, and suggest asking DAMAC for the current construction stage and the date in the sale agreement. Who it suits: buyers looking for a large, high-floor branded apartment beside the canal, five minutes by car from The Dubai Mall and City Walk on DAMAC's figures. What to weigh: only two units are offered, at prices that leave a narrow resale market; 60% of the price is due within about 17 months; and service charges for a tower with this many shared facilities have not been published. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | 3-bedroom apartments | AED 12,460,000 | | 3,113 sq ft | 5 | limited | | 4-bedroom apartments | AED 17,543,000 | | 4,381 sq ft | 6 | limited | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 13 November 2026. ## Payment plans ### 5/55/40 - Booking deposit: 5% (On purchase) - During construction: 55% (16 instalments from month 1 to month 17 after purchase) - On completion: 40% (Q2 2028) Paid before handover: 60%. DAMAC plan PP-648039 (November 2026), published for 3 and 4-bedroom apartments. DAMAC's schedule shows 9% due immediately; the instalments total 104% of the price, so this includes the 4% DLD registration fee. ## What works - On the Dubai Canal, five minutes from The Dubai Mall and City Walk on DAMAC's figures. - Large layouts: 3,113 sq ft for the three-bedroom and 4,381 sq ft for the four-bedroom on offer. - de GRISOGONO branded interiors and an unusual set of shared facilities, including a pearl museum and yoga domes. - An established resale market in the tower, with 39 listings on Property Finder in November 2026. ## What to weigh - Only one three-bedroom and one four-bedroom apartment were offered by DAMAC in November 2026. - Completion is shown as Q2 2027 and Q2 2028 on DAMAC's site, and as June 2027 on Property Finder. - 60% of the price falls due within 17 months of purchase. - Service charges are not published; ask for the building's budget before committing. ## Location On the edge of the Dubai Canal in Business Bay. DAMAC places it a few minutes from the Burj area, The Dubai Mall, Dubai Opera, City Walk, Jumeira and Sheikh Zayed Road. - The Dubai Mall: about 5 minutes - City Walk: about 5 minutes - Box Park: about 5 minutes - Emirates Hospital: about 5 minutes - Safa British School: about 5 minutes - Mall of the Emirates: about 15 minutes - Dubai International Airport: about 20 minutes - Al Maktoum International Airport: about 35 minutes ## Amenities - Pearl museum - Restaurant - Rooftop café - Yoga domes - Infinity pool - Shell-shaped pool ## Questions and answers ### What is the price at Canal Heights de GRISOGONO? On 13 November 2026 DAMAC listed a three-bedroom apartment of 3,113 sq ft at AED 12,460,000 and a four-bedroom apartment of 4,381 sq ft at AED 17,543,000. Studios and one and two-bedroom apartments were not offered on DAMAC's site. ### When is Canal Heights de GRISOGONO due for handover? DAMAC's unit listings give Q2 2028, while its project headline shows Q2 2027 and Property Finder gives June 2027. Confirm the completion date in the sale agreement. ### What is the payment plan at Canal Heights de GRISOGONO? DAMAC's November 2026 plan (PP-648039) asks for 9% immediately, which includes the 4% DLD registration fee, then 55% in 16 instalments within 17 months of purchase and 40% on completion. ### Who is the developer of Canal Heights de GRISOGONO? Canal Heights de GRISOGONO is being developed by [DAMAC Properties](https://www.uaepropertyagents.com/developers/damac). About DAMAC Properties: Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers. ### Can foreigners buy at Canal Heights de GRISOGONO? Yes. Business Bay is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD. ### Does buying at Canal Heights de GRISOGONO qualify for a Golden Visa? Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Canal Heights de GRISOGONO, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our [Golden Visa guide](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### What fees are payable on top of the price at Canal Heights de GRISOGONO? The main cost is the DLD transfer fee (4%). On the entry price of AED 12,460,000 that comes to about AED 498,400, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our [buying cost calculator](https://www.uaepropertyagents.com/tools/purchase-cost-calculator) itemises it. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [DAMAC Properties: Canal Heights de GRISOGONO](https://www.damacproperties.com/en/projects/canal-heights/) - [DAMAC Properties: Canal Heights 3-bedroom apartment CNH/41/4102](https://www.damacproperties.com/en/projects/canal-heights/properties/3-apartment/cnh-41-4102/) - [DAMAC Properties: Canal Heights 4-bedroom apartment CNH/41/4103](https://www.damacproperties.com/en/projects/canal-heights/properties/4-apartment/cnh-41-4103/) - [Property Finder: Canal Heights](https://www.propertyfinder.ae/en/new-projects/damac-properties/canal-heights) --- Source page: https://www.uaepropertyagents.com/dubai/business-bay/canal-heights-de-grisogono. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.