DAMAC Canal Heights by de GRISOGONO

DAMAC Canal Heights by de GRISOGONO is an ultra-luxury residential tower in Business Bay, Dubai, developed by DAMAC Properties and branded by Swiss jeweller de GRISOGONO. The project is the spiritual successor to the celebrated Chic Tower collaboration between the same two names. It contains 376 apartments — studios, 1-bedroom and 2-bedroom units — each designed with the jewellery house's signature aesthetic of fluid forms and vibrant textures.

The tower sits on the banks of the Dubai Water Canal in Business Bay, one of Dubai's most central and connected districts. Downtown Dubai and the Burj Khalifa are reachable in under five minutes by car, and the Business Bay metro station provides direct access to the rest of the city. The waterfront promenade and a dense dining and retail scene are all within walking distance.

Apartments in DAMAC Canal Heights by de GRISOGONO start from AED 3,500,000, reflecting the project's ultra-luxury positioning and branded design. The price range covers studios through to 2-bedroom units, with full-floor acquisitions also available for bulk investors. Exact per-unit pricing varies by floor level, view orientation and apartment size.

DAMAC Canal Heights offers an 80/20 payment plan, meaning buyers pay 80% of the purchase price during construction and only 20% upon handover in Q4 2027. This structure reduces the financial burden at the point of key collection and is a common DAMAC arrangement designed to attract both end-users and investors. Specific instalment schedules can be confirmed directly with the sales team.

DAMAC Canal Heights by de GRISOGONO is scheduled for handover in Q4 2027. The project is currently off-plan, giving buyers several years of construction-phase payment flexibility before taking possession. DAMAC Properties has a track record of delivering large-scale luxury towers across Dubai and the wider region.

The amenity offering at Canal Heights goes well beyond the standard gym-and-pool package. Highlights include a waves pool inspired by shell forms, yoga domes designed for meditation, a Snorkelling Pearl Museum, an infinity lap pool, zorb balls in water, a scrubs bar, a glass bubble fountain, and curated dining and private event experiences. The lobby itself features a walk-through waterfall installation that sets the tone on arrival.

Yes, DAMAC Canal Heights offers the option to acquire an entire floor, which comprises 14 apartments per level. This makes it particularly attractive for institutional or high-net-worth investors looking to build a rental portfolio within a single branded luxury address. Business Bay consistently records strong rental yields, and canal-view branded residences command premium lease rates in the district.

De GRISOGONO is a Geneva-based luxury jewellery house known for bold design, rare gemstones and a distinctly artistic aesthetic — credentials that translate directly into the architecture and interiors of Canal Heights. The branding goes beyond a logo: it shapes the building's fluid silhouette, the colour palette, the material choices and the overall sensory experience of living in the tower. This is the second DAMAC collaboration with de GRISOGONO, following the success of Chic Tower in Business Bay.