Luxury apartments by de GRISOGONO
About this development
Permit: 71528363425
About Damac Properties
DAMAC Properties is a division of the DAMAC Group, creating landmark residential, commercial, and recreational properties throughout the Middle East and beyond since 1982. Hussain Sajwani, the founder and chairman of DAMAC Properties, is the mastermind behind this top-tier real estate business, established in 2002.
Due to decades of unwavering excellence, DAMAC Properties maintains a reputation of confidence. They have persistently adhered to the maxim of sound design and focus on the little things that make a property unique. The DAMAC brand is now well-known in markets worldwide, from Saudi Arabia to London. Owing to its popularity, DAMAC Properties has entered the market for branded residences, increasing the likelihood of the group's future profitability. It has partnered with well-known labels, including Versace Home, Paramount Hotels and Resorts, Just Cavalli, Rotana Hotels, and the Radisson Group.
This Listing has been verified by Dubai Land Department
Key information
Completion Date
2027Prices from
5,754,000 AEDDevelopment type
1, 2, 3 and 4 BRLocation
Amenties
- Balcony
- Central AC And Heating
- Shared Gym
- Security
- Shared Spa
- Shared Pool
- Built in Wardrobes
- Walk in Closet
- Covered Parking
- View of Landmark
- View of Water
- Built in Kitchen Appliances
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Luxury apartments by de GRISOGONO
DAMAC Canal Heights de GRISOGONO rises at the edge of the spectacular Dubai Canal in Business Bay – moments from other illustrious DAMAC projects such as Safa Two and AYKON City. Dubbed as the heart of new Dubai, Business Bay is surrounded by one of the city's most sought-after neighbourhoods such as the iconic Burj area with its world-renowned landmarks and Sheikh Zayed Road. A short drive away from DAMAC Canal Heights de GRISOGONO, are the urban leisure avenues of City Walk as well as the classic Jumeirah Beach.
Buying a residence or a full floor in Canal Heights will provide you with an opportunity to apply for a 2-year investor visa or a 10-year UAE Golden Visa. Residence visas will allow you and your family members to stay in the country without any time limits, obtain an Emirates ID and enjoy many other benefits. Business Bay is a popular area among tenants both for short- and long-term rentals. The average ROI for a 1-bedroom apartment here is 6.4%, and the average price of renting this type of residence is AED 90,000 per year. Therefore, you will always be able to rent a unit out.