Distress Deal | High-Floor Studio in Damac Canal Heights 2 De Grisogono at Business Bay | AED 139K Below OP

Distress Studio for sale in Damac Canal Heights 2 De Grisogono at Business Bay. Selling at AED 1.3M, which is below the original price.

Project Highlights

• Project Type: Studio Apartment (2 Units Available)
• Original Price: AED 1,439,000
• Current Offer: AED 1,300,000
• Project Size: 456 sqft
• Floor: 30th Floor
• View: Full Canal View
• Project: Canal Heights 2 De Grisogono at Business Bay
• Status: Under Construction
• Completion: Q2 2027
• Payment Plan: 50% Paid | 80/20
• Developer: DAMAC
• Location: Business Bay
• Design: Cavalli-Inspired
• ROI: Estimated 7–8%

Cavalli-Inspired Studio for Sale in Canal Heights 2

This is a genuine distress resale in one of DAMAC’s most in-demand waterfront towers, Canal Heights 2, inspired by Cavalli’s signature design. At AED 1.3M, this luxury studio on the 30th floor with full canal views is priced significantly below OP and offers immediate equity to the buyer. With 50% already paid, this is a compelling opportunity to enter the Business Bay waterfront market at a below-market rate. Ideal for investors seeking capital appreciation and high rental income.

A Secure, Clean, and Documented Distress Deal

This resale is a liquidity-driven sale, not a problematic unit. Why this opportunity is secure:

• Seller urgently offloading below OP
• Transparent documentation of 50% paid
• Clean title | No disputes | No delays
• Balance structured under DAMAC’s 80/20 plan
• Premium canal-facing line is rarely available for resale
• Safer transfer as the unit is still under construction

This distressed deal in Dubai presents a rare opportunity to acquire a Cavalli-branded tower studio with significant future upside.

Why This Studio in Canal Heights 2 Is a Standout Investment

This Damac Canal Heights 2 De Grisogono studio excels for multiple reasons:

• High-floor (30th) with panoramic canal views
• Cavalli-inspired interiors + premium design aesthetic
• Strong future demand for branded waterfront units
• Excellent layout for both short and long-term rentals
• Business Bay remains one of Dubai’s highest-performing ROI zones
• DAMAC’s luxury towers historically appreciate strongly post-handover
• Affordable entry into the Cavalli-branded segment

With a projected 7–8% ROI, this unit is ideal for investors targeting yield + appreciation. This opportunity will not remain on the market for long. Only verified cash buyers or ready investors will be considered. Contact us immediately to receive the resale file, payment receipts, and full documentation.

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.