What is the price of Canal Heights 2?

Canal Heights 2 is priced from AED 2.83M in Business Bay, Dubai.

What is the payment plan for Canal Heights 2?

Canal Heights 2 offers a 20/60/20 payment plan with handover expected Q3 2027.

What rental yield does Canal Heights 2 offer?

Projected gross rental yield for Canal Heights 2 is 4.9 to 6.7% annually.

When is Canal Heights 2 handover?

Canal Heights 2 is scheduled for handover in Q3 2027 in Business Bay, Dubai.

Can foreigners buy Canal Heights 2?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

Prime Dubai · Dubai

Canal Heights 2 in Business Bay

Launch Price

AED 2.83M

Property Type

Mixed-Use

Bedrooms

1 - 4 Beds

Payment Plan

20/60/20

Handover

Q3 2027

Projected Yield

4.9 to 6.7%

Canal Heights 2 is a new multiple/other development in Business Bay, Dubai, opening at AED 2.83M. Buyers pay 20% on booking, 60% across the construction phase, and settle the final 20% on handover in Q3 2027. The prime Dubai location keeps tenant depth strong, with projected gross returns between 4.9 and 6.7 percent per year. Use MonthlyDubai's free matching service to check whether Canal Heights 2 fits what you can comfortably pay each month.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 94,267. No mortgage or bank approval required.

Phase	%	Amount
On Booking	20%	AED 565,600 Due on signing SPA
During Construction	60%	AED 94,267/mo 18 months
On Handover	20%	AED 565,600 Due at Q3 2027
Total	100%	AED 2,828,000

Questions about Canal Heights 2

What payment plan does Canal Heights 2 offer?+

Canal Heights 2 uses a 20/60/20 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q3 2027.

Can I buy this project without a mortgage?+

Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.

Is this project registered with RERA?+

MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.

How do I find out if this fits my monthly budget?+

Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Canal Heights 2 fits your budget and send you comparable alternatives.

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