Canal Heights 2 in Business Bay
Canal Heights 2 · Business Bay, Dubai
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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
From AED 94,267/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 565,600 Due on signing SPA |
|
| During Construction | 60% | AED 94,267/mo 18 monthly instalments |
|
| On Handover | 20% | AED 565,600 Due at Q3 2027 |
|
| Total | AED 2,828,000 | ||
On Booking
20%
AED 565,600
Due on signing SPA
During Construction
60%
AED 94,267/mo
18 monthly instalments
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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