
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
1st Installment
Within 3 months of sale date
2nd Installment
Within 6 months of sale date
3rd Installment
Within 9 months of sale date
4th Installment
Within 12 months of sale date
5th Installment
Within 15 months of sale date
6th Installment
Within 18 months of sale date
7th Installment
Within 21 months of sale date
8th Installment
Within 24 months of sale date
9th Installment
Within 27 months of sale date
10th Installment
Within 30 months of sale date
11th Installment
Within 33 months of sale date
12th Installment
Within 36 months of sale date
13th Installment
Within 39 months of sale date
14th Installment
Within 42 months of sale date
15th Installment
Within 45 months of sale date
16th Installment
Within 48 months of sale date
17th Installment
On Completion
Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.
Questions about Canal Heights de GRISOGONO?
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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.
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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.
Full market intelligenceTypically replies within 2 hours
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.
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