Canal Crown 2 sits in Business Bay, a commercial and residential district in central Dubai. The tower overlooks the Dubai Water Canal, with views extending to Burj Khalifa and the Gulf. Damac Properties developed the project in collaboration with de GRISOGONO, a Swiss jewellery house known for bold design.
The building offers studios (432 sqft) through to four-bedroom duplexes (4,761 sqft). Apartments feature rounded balconies and integrated green spaces. Select super-luxury units include private swimming pools on the terrace. Two-bedroom units range from 1,335 to 4,242 sqft, while three-bedroom apartments span 1,988 to 4,591 sqft.
Business Bay provides quick access to Sheikh Zayed Road, Downtown Dubai, and Dubai International Financial Centre. The development is close to retail, dining, and leisure options along the canal.
Delivery is scheduled for Q4 2027. The payment plan structures 20% on booking, 60% during construction, and 20% on handover. Pricing starts at AED 3.33 million. The project is freehold, offering full ownership rights.
Canal Crown 2 by Damac Properties in Business Bay, Dubai is scheduled for handover in Q4 2027 (October–December 2027). Construction is estimated at ~25% based on the developer's reported phase.
The headline payment plan for Canal Crown 2 is 20/60/20. See the full breakdown of booking, construction and post-handover instalments in the Financials tab.
Canal Crown 2 offers 5 unit types:
Estimated gross rental yield: 6.2% p.a., benchmarked against current Business Bay rental data. Entry pricing works out to AED 700 – 7,718 per sqft, with estimated capital appreciation of 7% to handover.
~25% — estimated from construction phase.