Canal Heights de GRISOGONO
Off-PlanDubai

DAMAC Properties · Dubai

Canal Heights de GRISOGONO

Business Bay, Dubai

Bedrooms

Studio – 2 Bed

Type

Apartment

Payment Plan

20% deposit, staged installments to 48 months, 20% on completion — confirm exact terms

Handover

Q4 2026

Payment Plan

Deposit

Immediate

20%

1st Installment

Within 3 months of sale date

5%

2nd Installment

Within 6 months of sale date

5%

3rd Installment

Within 9 months of sale date

5%

4th Installment

Within 12 months of sale date

5%

5th Installment

Within 15 months of sale date

4%

6th Installment

Within 18 months of sale date

4%

7th Installment

Within 21 months of sale date

4%

8th Installment

Within 24 months of sale date

4%

9th Installment

Within 27 months of sale date

3%

10th Installment

Within 30 months of sale date

3%

11th Installment

Within 33 months of sale date

3%

12th Installment

Within 36 months of sale date

3%

13th Installment

Within 39 months of sale date

3%

14th Installment

Within 42 months of sale date

3%

15th Installment

Within 45 months of sale date

3%

16th Installment

Within 48 months of sale date

3%

17th Installment

On Completion

20%
Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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Towers

2 (34F & 40F, G+3P)

Total Units

376

Starting Price

AED 1.25M

Handover

Q4 2026

At a Glance

  • 2-tower complex on the Dubai Canal, Business Bay — Tower 1 (34F) and Tower 2 (40F), 376 total units
  • Marketed as "the shimmering sequel to Chic Tower" — also known as "Chic Tower 2"
  • Designed with Swiss jeweller de GRISOGONO around the essence of the Blue Pearl
  • Multipurpose Yoga Domes for meditation, romantic moments and private dining
  • Snorkel-friendly underwater Pearl Museum — a genuine DAMAC first
  • Shell-shaped "pearl hunting" pool and an iridescent-tiled infinity lap pool
  • Under construction — expected handover Q4 2026
  • Starting prices: Studio AED 1.25M, 1-Bed AED 1.67M, 2-Bed ≈AED 3.42M

About this project

Canal Heights de GRISOGONO — nicknamed "Chic Tower 2" and explicitly marketed as "the shimmering sequel to Chic Tower" — is a 2-tower complex directly on the Dubai Canal in Business Bay (Tower 1, 34 floors, and Tower 2, 40 floors, G+3 parking). Designed with Swiss jeweller de GRISOGONO around the essence of the Blue Pearl, the towers offer 376 branded studio, 1 and 2-bedroom apartments across both towers, 14 per floor. Amenities embrace the pearl theme fully: multipurpose Yoga Domes for meditation and private dining, a snorkel-friendly underwater Pearl Museum, a shell-shaped "pearl hunting" pool, and an infinity lap pool with an iridescent-tiled base. Under construction — expected handover Q4 2026. Ask a PropSentral advisor for current availability and pricing.

Interior, fully-furnished — click to enlarge

Amenities

Lifestyle & Comfort

  • Underwater Pearl Museum (Snorkelling)
  • Waterfront Promenade

Wellness & Fitness

  • Shell-Shaped Pool
  • Iridescent-Tiled Infinity Lap Pool
  • Yoga Domes (Meditation & Private Dining)

Dining & Social

  • Scrubs Bar

Outdoor & Views

  • Landscaped Podium Gardens

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Completion Status & Total Units

Neither the brochure nor the Payment Plan PDF discloses a storey count, total unit figure, or handover date — WebSearch (Metropolitan Premium Properties, uae-offplan.com) confirms 2 towers (34F and 40F, G+3P) and 376 total units at 14 per floor, and a Q4 2026 handover (one source: December 2026, treated as the same quarter). One source explicitly nicknames this project "Chic Tower 2," consistent with the brochure’s own "shimmering sequel to Chic Tower" copy — confirming this is DAMAC’s second entry (after Chic Tower and before Canal Heights 2) in a run of de GRISOGONO-themed Business Bay towers, each with its own gemstone motif.

  • 2 towers (34F/40F), 376 units (14/floor), handover Q4 2026Source: WebSearch — Metropolitan Premium Properties, uae-offplan.com

Pricing

The Payment Plan PDF discloses Studio (AED 1.25M) and 1-Bed (AED 1.67M) starting prices clearly, but the 2-Bed figure is printed as "3.42" without an "M" suffix — confirmed via a rendered page image to be a genuine truncation in the developer’s own graphic (not an extraction artifact), and interpreted as AED 3.42M given the Studio/1-Bed figures both explicitly show "M" and the sequence is otherwise consistent. The 17-stage payment plan visually re-verified against a rendered page image sums to exactly 100%.

    Imagery

    Two genuine, project-specific images used: a ground-level entrance render showing the tower’s signature wavy, curved-balcony facade with green podium terraces, and a podium amenity render showing both the shell-shaped pool and the transparent geodesic Yoga Domes together, with a "Scrubs Bar" sign visible — directly matching the brochure’s own "shell-shaped pool" and "Yoga Domes" copy. This project’s own Exterior renders were cross-checked against the sibling Canal Heights 2 zip after discovering one Canal Heights 2 render had actually depicted this project’s building design — see the Canal Heights 2 listing’s investmentFactors for the full correction.

      Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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      Location

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      Map shows approximate project location. Exact site boundaries may vary.

      About the Developer

      DAMAC Properties

      DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

      View all DAMAC Properties projects

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      Starting from

      AED 1.3M

      20% deposit, staged installments to 48 months, 20% on completion — confirm exact terms · Handover Q4 2026

      Dubai — Market Yield Range

      5% – 12.5% gross p.a.

      Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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      Developer-Direct Pricing

      Same price as booking through the developer — zero resale markup.

      One Advisor, Start to Finish

      A single point of contact from reservation through to handover — no chain of resellers.