A unique opportunity to own a luxurious residential unit within the renowned Canal Heights 2 project by Damac Properties in the heart of Dubai’s vibrant Business Bay area. The apartment boasts stunning canal views and a spacious layout, perfect for ambitious families and investors seeking high returns and real value.
Key Property Details and Specifications:
- Project Name: Canal Heights 2
- Developer: Damac
- Location: Business Bay, Dubai
- Unit Type: Residential Apartment (3 bedrooms, living room, and maid’s room)
- Floor: Floors (2 to 8)
- View: Direct Canal View with a private balcony
- Total Area: 2,208 sq ft (equivalent to 205.13 sq m)
- Expected Handover Date: Q4 2027
Pricing and Discount Details:
Take advantage of this special offer, providing a direct discount on the original market price:
- Original Price (+ DLD 4%): AED 6,062,160
- Current Selling Price: AED 5,750,000
- Savings/Discount: AED 312,160 (5.2% discount)
Payment Plan and Total Costs:
Amounts Due Upon Assignment:
The total amount required for ownership transfer is AED 2,553,510, detailed as follows:
- Payment to Seller: AED 2,194,310
- Property Registration Fees (DLD 4% + AED 40): AED 233,200
- Trustee Fees: AED 5,250
- Buyer's Agency Commission (2% + VAT): AED 120,750
Remaining Installment Plan:
The total remaining installments amount to AED 3,555,690, distributed as follows:
- 7 Equal and Easy Monthly Installments: From (September 16, 2026) until the handover date (March 16, 2027):
- Upon Completion and Handover: AED 2,331,600
- Total Final Costs for the Buyer: AED 6,109,200