Canal Heights

Canal Heights takes a plot with 60 metres of frontage onto the Dubai Water Canal and orients almost every unit toward the water. The tower is 42 storeys with a two-level retail podium that connects directly to the canal promenade. The unit mix is deliberately weighted toward compact stock — studios and one-bedrooms make up roughly 70% of the building — which reflects the tenant profile in Business Bay and supports the strongest yields in the immediate area. Specification is solid rather than lavish: porcelain flooring throughout, fitted kitchens with integrated appliances, and full-height glazing on the canal elevation. Service charges have been budgeted at a level competitive with neighbouring towers, which is worth verifying against comparables before you commit anywhere in this district. The payment structure is the notable feature. Seventy percent during construction and thirty percent on handover, with a portion of the handover tranche payable over 24 months post-completion, brings the equity requirement at handover down substantially.