DAMAC "Canal Heights 2"
DAMAC Properties · Business Bay · Dubai
SKID Score6.5 / 10
SKID Score
6.5 / 10
Worth comparing
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: supply.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 1.51M
- Payment plan
- —
- Handover
- Sep 2027
- Available units
- 0–3 beds · Freehold
- Gross yield
- 4.0%
- Fair value
- -19.6%
- Risk
- Medium
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 4.0%
- Fair value
- -19.6%
Last evaluated: 2026-10-08
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.5
| Factor | Weight | Score |
|---|---|---|
Location Established prime district | 22.2% | 7.3/ 10 |
Entry price Launch is -19.6% versus median DLD sale price per sq ft in this community | 16.7% | 4.4/ 10 |
Developer 22 other catalog project(s) already past their published handover | 16.7% | 8.6/ 10 |
Supply / competition Heavy competing supply: 48 other launches in Business Bay | 11.1% | 3.6/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 11.1% | 8.4/ 10 |
Rental yield Implied gross yield is 4.0% against community rents | 8.3% | 3.8/ 10 |
Delivery risk Handover sits in a typical off-plan window | 5.6% | 8.6/ 10 |
Service charges Service charge published at 25 | 2.8% | 5.5/ 10 |
Exit liquidity 2996 closed sales in the last year in this community | 5.6% | 8.6/ 10 |
Strong
- • 22 other catalog project(s) already past their published handover
- • Community closed-sale trend is +8.0% year on year
- • Handover sits in a typical off-plan window
- • 2996 closed sales in the last year in this community
Watch
- • Established prime district
Risk
- • Launch is -19.6% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 48 other launches in Business Bay
- • Implied gross yield is 4.0% against community rents
- • Service charge published at 25
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 22 other catalog project(s) already past their published handover Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community read for Business Bay: location 7.3 / 10, supply 3.6 / 10. Established prime district Amenities mention park Heavy competing supply: 48 other launches in Business Bay
Pricing agent: Launch is -19.6% versus median DLD sale price per sq ft in this community Service charge published at 25 2996 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 4.0% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: supply.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 22 other catalog project(s) already past their published handover Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community
Community read for Business Bay: location 7.3 / 10, supply 3.6 / 10. Established prime district Amenities mention park Heavy competing supply: 48 other launches in Business Bay
Pricing
Pricing agent: Launch is -19.6% versus median DLD sale price per sq ft in this community Service charge published at 25 2996 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 4.0% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: supply.
Location
Business Bay · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Ready · Apartment | AED 1.3M | 655 | 1,985 |
| 2026-07-07 | Ready · Apartment | AED 1.64M | 782 | 2,092 |
| 2026-07-07 | Off-plan · Apartment | AED 18M | 5,619 | 3,203 |
| 2026-07-07 | Off-plan · Apartment | AED 10.02M | 3,287 | 3,048 |
| 2026-07-07 | Ready · Apartment | AED 1M | 486 | 2,059 |
| 2026-07-07 | Ready · Apartment | AED 2.05M | 1,747 | 1,174 |
| 2026-07-07 | Ready · Apartment | AED 1.5M | 830 | 1,808 |
| 2026-07-07 | Off-plan · Apartment | AED 2.23M | 1,009 | 2,205 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
0–3 beds · Apartments
AED 1.51M – AED 4.95M
511 – 1,526 sq.ft
AED 5.56M – AED 9M
1,705 – 2,719 sq.ft
AED 9.61M – AED 13.05M
2,898 – 3,912 sq.ft
From AED 13.66M
4,091 sq.ft
From 511 sq ft / sq m as published
Service charge 25
Amenities
- Shared Pool
- Broadband Internet
- Lobby
- Resting Areas
- Dining outlets (coffee houses & restaurants)
- Social Zone
- Lift
- Sitting Area
- Leisure Areas
- Infinity Pool
- Recreational Areas
- Pool Deck
- Private Pool
- Parking
- Bar
- Sunken Seating
- Beauty Salon
Compare
DAMAC "Canal Heights 2"
From AED 1.51M · ★ 6.5 / 10
Questions about this launch
- Who is building DAMAC "Canal Heights 2"?
- DAMAC Properties is the developer named on this launch.
- When is handover for DAMAC "Canal Heights 2"?
- The published handover is Sep 2027.
- What is the starting price of DAMAC "Canal Heights 2"?
- The published starting price is AED 1.51M.
- What does the SKID screen mean for DAMAC "Canal Heights 2"?
- The SKID screen for this launch in Business Bay is 80 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.