Canal Heights 2
Canal Heights 2 is a DAMAC Properties waterfront tower in Business Bay, Dubai. This guide helps buyers judge a Canal Heights 2 distress sale or below original price listing, covering the de GRISOGONO-branded layouts, podium amenities and the Oqood, NOC and DLD checks to finish before paying a deposit.

Canal Heights 2 overview
Canal Heights 2 is a waterfront residential tower by DAMAC Properties in Business Bay, Dubai. DAMAC's official Canal Heights 2 page brands the project with de GRISOGONO and describes designer studios, one- and two-bedroom apartments, and three- and four-bedroom duplexes. DPF records the identity under the slug damac-canal-heights-2, while the building name on this page follows DAMAC's Canal Heights 2 wording.
DPF places Canal Heights 2 in the Business Bay community, within the Business Bay area, in Dubai, United Arab Emirates. The live DPF listing breadcrumb ends at /building/damac-canal-heights-2.
DAMAC Properties and the branding
DAMAC Properties markets Canal Heights 2 as a sequel to its earlier Canal Heights address on the Business Bay waterfront, with interiors presented under the de GRISOGONO collaboration. The live DPF listing is an off-plan studio resale. Confirm on the SPA whether the unit sits in Canal Heights 2 rather than the earlier Canal Heights tower, because the names are easy to confuse in search results.
Layouts
According to DAMAC's Canal Heights 2 page and the live DPF listing, the tower offers:
- Designer studios, one- and two-bedroom apartments, and three- and four-bedroom duplexes, per DAMAC
- A studio on the live DPF listing
DAMAC publishes unit families on the project page. Match the layout code and any duplex designation on the SPA rather than relying on a marketing gallery.
Amenities and the wider community
DAMAC's Canal Heights 2 page lists amenities that include:
- Pool facilities, including an infinity lap pool
- A beauty salon
- Restaurant dining
- A branded star-lake swimming feature
Ask DAMAC which amenities are open for residents today and which remain under construction, and how service charges will cover branded common areas after handover.
Finding distressed and below-market units in Canal Heights 2
A Canal Heights 2 distress sale usually comes from a motivated seller who wants out of remaining DAMAC instalments before handover. DPF shows the seller's below market or below original price wording as submitted. DPF does not appraise units, so compare the asking figure with the SPA price and recent DLD transactions for Canal Heights 2 before you rely on it.
Points to settle before you commit:
- Registration type: confirm whether the unit is on an Oqood off-plan register or a title deed.
- Payment plan: get a DAMAC statement listing instalments paid and instalments still due.
- Outstanding balance: agree in writing how any developer balance or mortgage will be cleared at transfer.
- Developer NOC: DAMAC must issue its NOC before the DLD will register a new owner.
- DLD transfer: the Dubai Land Department records the change; settle who pays which fee.
- Service charges: ask for the current budget covering pools, salon, dining and common areas once published.
Canal Heights 2 off-plan resale transfers are typically SPA assignments needing DAMAC's consent and fees beside the DLD filing. Use a RERA-registered broker and keep the deposit documented until the NOC is issued.
Because Business Bay mixes many canal towers, confirm the Canal Heights 2 identity on site signage and escrow paperwork before signing.
Ask DAMAC whether the de GRISOGONO finishes described on the project page apply to every layout family, including studios, before you treat a brochure image as your unit specification.
Related DPF pages
See the DAMAC Properties developer page for the developer's wider portfolio, the Business Bay community page for current listings across the district, and the Business Bay area page for the surrounding canal corridor.
Frequently asked questions
Who developed Canal Heights 2?
DAMAC Properties, with interiors presented under a de GRISOGONO collaboration on DAMAC's official page.
What homes does Canal Heights 2 offer?
DAMAC markets studios, one- and two-bedroom apartments, and three- and four-bedroom duplexes. The live DPF listing is a studio.
Is Canal Heights 2 off-plan or ready?
The live DPF listing is an off-plan resale. Confirm the construction and registration status of the exact unit with DAMAC and the DLD.
Can I buy in Canal Heights 2 below the original price?
Canal Heights 2 can be assigned below the SPA figure when the seller accepts that price. Confirm remaining DAMAC instalments yourself; the DPF label is not an appraisal.
How is Canal Heights 2 different from Canal Heights?
DAMAC markets Canal Heights 2 as a separate Business Bay waterfront tower. Match the project name on the SPA so you do not buy into the earlier tower by mistake.