Studio, 462 ft²
in Canal Heights

Studio 463 sq.ft (43 m²) in Canal Heights, Business Bay.

Distress deal below current market value — the property is being sold at a price lower than the original. A studio in Canal Heights by Grisogono with canal view is of interest to investors looking for an entry point into a premium-class project with growth potential after handover. Complex completion is scheduled for Q4 2027. The property is suitable for resale or rental after receiving keys.

Studio area 463 sq.ft (43 m²), with canal view. Secondary market property, assignment of rights to an apartment in a complex under construction. Location in Business Bay and the developer's collaboration with De Grisogono brand create additional project value.

Unit Features:
— Studio;
— Area 463 sq.ft (43 m²);
— Unfurnished;
— Canal view;
— Completion Q4 2027;
— Distress deal — price below original cost.

Complex Amenities:
— Shell-shaped swimming pool;
— Yoga domes;
— Underwater pearl museum;
— Modern fitness center;
— 24-hour security and concierge service;
— Underground parking.

Architecture & Concept:
Canal Heights by Grisogono — a 48-storey tower created in partnership with luxury brand De Grisogono. The project combines urban design with premium-class elements and unique amenities.

About the Developer:
Damac Properties — a major Dubai developer with a portfolio of landmark projects and collaborations with world brands.

Location & Benefits:
— Business Bay district — Dubai's business and residential center;
— 10 minutes to Downtown Dubai and Burj Khalifa;
— Direct access to the canal and waterfront;
— Proximity to Sheikh Zayed Road and metro;
— High rental demand among young professionals and expats.

Investment Attractiveness:
— Price below original cost — opportunity to enter with a discount;
— Potential for value growth after complex completion;
— High demand for studios in Business Bay;
— Collaboration with De Grisogono elevates project status;
— Good liquidity after construction completion.

Additional materials (photos, floor plans, etc.) are provided upon request.

Frequently Asked Questions:
What does Distress deal mean in this case?
— The seller is offering a price below current market value, creating an opportunity for a favorable entry into the project before its completion.

Can the studio be rented out after receiving keys?
— Yes, studios in Business Bay enjoy stable demand from tenants, average yield in the area is 7–9% per annum.

Is the property suitable for resale before construction completion?
— Yes, the discount from the original price and location in a sought-after area create potential for resale with profit closer to the handover date.

Which banks provide financing for such properties?
— Most major UAE banks work with assignments of rights to properties under construction, terms depend on the complex's readiness and the buyer's financial profile.

Interior images are a visualization and may differ from the actual finish of the property.
Contact me to receive additional information, current terms and floor plans for Canal Heights.