Canal Heights

About the project

Canal Heights is an active residential development in Business Bay by Vesta Real Estate Development. The project comprises 415 units in a single residential building with retail outlets. Construction started on 25 May 2023, and completion was recorded at 31.22% on 22 April 2026.

The project

Canal Heights is planned as a residential building in Business Bay, Dubai, with retail outlets forming part of the development. The building configuration is 3 basement levels, a ground floor, three podium levels, 42 floors, one mechanical floor, a roof and one upper roof level. Its structure is specified as concrete and block construction with internal and external finishes. The project has a total area of 28,767.36 and contains 415 units. Canal Heights is positioned within Business Bay, a mixed-use district characterised by residential high-rises, office towers, waterfront promenades and canal-side development.

Homes and available layouts

The listed residence mix includes studios, one-bedroom apartments and two-bedroom apartments. Studios are listed from 427 to 474 square feet, with prices from AED 1,255,000. One-bedroom apartments range from 610 to 928 square feet, starting from AED 1,671,000. Two-bedroom apartments range from 1,284 to 1,559 square feet, with prices from AED 3,429,000. The listed layouts include 190 studios, 116 one-bedroom apartments and 70 two-bedroom apartments. Residences are presented under the de GRISOGONO brand, and the stated floor-to-ceiling height is 3.4 metres.

Wellness and leisure facilities

The amenities described for Canal Heights centre on fitness, water features and social spaces. The lobby includes workout benches and weights. At podium level, the spa extends to an outdoor gym with calisthenic-focused equipment intended for strength training. Leisure facilities include a shell-shaped swimming pool, a 73-by-14 infinity lap pool with floating zorb balls, and a waves pool featuring blue pearls underwater. The project also includes an underwater pearl museum, a bubbles arena, an interactive waterfall and a scrubs bar. Multipurpose domes are planned for wellness, intimate dining and private parties.

Business Bay setting

Canal Heights is located in Business Bay, along the Dubai Canal corridor in central Dubai. Business Bay sits immediately southwest of Downtown Dubai and combines commercial, residential and waterfront development. The district is served by the Dubai Metro Red Line, while Sheikh Zayed Road lies adjacent to Business Bay and Al Khail Road is connected through the local arterial road network. Burj Khalifa and Downtown Dubai are 1.5 km from Business Bay, while The Dubai Mall is 1.9 km away. Dubai International Airport is 12.6 km from the district, and Mall of the Emirates is 10.0 km away.

Construction progress and completion

Construction at Canal Heights began on 25 May 2023. The project is active, with a recorded completion ratio of 31.22% following an inspection dated 22 April 2026. The scheduled project completion date is 31 December 2026. Canal Heights is registered as one building with 415 units in Business Bay. Its combination of basement, podium, residential, mechanical and roof levels creates a 42-floor residential component above the podium structure, alongside the retail outlets included in the development.

Payment structure and developer

The stated payment structure is 20% on booking, 60% during construction and 20% on completion. Vesta Real Estate Development is the developer of Canal Heights. The company is identified as Vesta Real Estate Development throughout the project information. The project’s residential positioning combines studios, one-bedroom apartments and two-bedroom apartments with a building programme that also includes retail outlets, podium facilities and canal-side Business Bay surroundings.