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Damac Properties · Business Bay

Canal Crown

Handover Q1 2027Plan 20/40/40
Brochure
Starting price
AED 3.50M
From Studio
Price / sqft
size not yet published
Rental yield
6.2%
gross p.a., Business Bay avg
Capital appreciation
+4%
to handover (1y)
Popularity
50/100
demand index

About this project

Canal Crown is a 38-storey residential tower in Business Bay developed by DAMAC Properties in collaboration with de Grisogono. The building offers studios, one and two-bedroom apartments, and three and four-bedroom duplexes overlooking the Dubai Canal.

Design and Interiors

The tower features floor-to-ceiling glass panels that maximize natural light and canal views. Units include high-end finishes, premium fixtures, and modern appliances. The entrance foyer is designed with a focus on space and elegance.

Amenities

Residents have access to a rooftop observation deck, a planet-themed garden, UFO spa and relaxation pods, a private screening room, and a swimming pool. Additional facilities include retail outlets, a health club, gymnasium, restaurants, landscaped parks, and a children's play area.

Location

The tower is situated in Business Bay with proximity to Burj Khalifa and Downtown Dubai. The development is scheduled for completion in Q4 2027.

Retail Facilities
Health Club
Gymnasium
Restaurants
Landscaped Parks
Shared Gym
Children's Play Area
Shared Pool
Rooftop Observation Deck
Planet-Themed Garden
UFO Spa
Relaxation Pods
Private Screening Room
Swimming Pool

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment, Duplex
Buildings
1
Expected completion
28 Feb 2027

Project timeline

  1. Booking Started
    1 Aug 2023 · completed
  2. Construction Started
    2 Aug 2023 · completed
  3. Expected Completion
    28 Feb 2027

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

What payment plan does Canal Crown offer?
The payment structure is 20% on booking, 60% during construction, and 20% on handover.
Who is developing Canal Crown?
Canal Crown is developed by DAMAC Properties, a real estate developer active in Dubai and other locations.
Is Canal Crown a good investment opportunity?
Canal Crown is located in Business Bay and offers studios to four-bedroom duplexes with Dubai Canal views. The development includes a rooftop observation deck, planet-themed garden, UFO spa pods, private screening room, and swimming pool. Its location near Burj Khalifa and Downtown Dubai provides connectivity to central Dubai areas.
When will Canal Crown be completed?
The completion date is scheduled for February 2027.
What is the starting price for units in Canal Crown?
Units start at AED 3,500,000.