Canal Heights in Business Bay
Canal Heights · Business Bay, Dubai
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Launch Price
AED 3.54M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/60/20
Handover
Q2 2027
Projected Yield
4.9 to 6.7%
With studio, 1 - 2 beds layouts and a starting price of AED 3.54M, Canal Heights enters the Business Bay off-plan market. The payment plan is 20/60/20: 20% secures the unit, 60% is paid during construction, and 20% falls due at handover in Q2 2027. Gross rental yield is projected 4.9 to 6.7% annually, supported by persistent demand from professionals and high-income residents in this part of Dubai. MonthlyDubai can match you with Canal Heights and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 141,520/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 707,600 Due on signing SPA |
|
| During Construction | 60% | AED 141,520/mo 15 monthly instalments |
|
| On Handover | 20% | AED 707,600 Due at Q2 2027 |
|
| Total | AED 3,538,000 | ||
On Booking
20%
AED 707,600
Due on signing SPA
During Construction
60%
AED 141,520/mo
15 monthly instalments
On Handover
20%
AED 707,600
Due at Q2 2027
Total
100%
AED 3,538,000
Questions about Canal Heights
What payment plan does Canal Heights offer?
Canal Heights uses a 20/60/20 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q2 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 fits your budget and send you comparable alternatives.
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