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.
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.
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.
The tower is situated in Business Bay with proximity to Burj Khalifa and Downtown Dubai. The development is scheduled for completion in Q4 2027.
Canal Crown by Damac Properties in Business Bay, Dubai is scheduled for handover in Q1 2027 (January–March 2027). Construction is estimated at ~25% based on the developer's reported phase.
The headline payment plan for Canal Crown is 20/40/40. See the full breakdown of booking, construction and post-handover instalments in the Financials tab.
Canal Crown offers 6 unit types:
Estimated gross rental yield: 6.2% p.a., benchmarked against current Business Bay rental data.
~25% — estimated from construction phase.