Canal Crown by DAMAC, Business Bay — 1/21

Canal Crown

By DAMAC | Business Bay

Handover Q4 2027

  • On sale
  • Escrow account registered
  • 33% built

Construction progress

Official video · DAMAC Properties (@DAMACOFFICIAL)

A Day In The Build - Canal Crown by de GRISOGONO. #constructionupdate | DAMAC Properties

Official video · DAMAC Properties (@DAMACOFFICIAL)

Canal Crown Construction Update - May 2026 | DAMAC Properties

Overview

Canal Crown is a project by DAMAC in Business Bay, Dubai, with handover scheduled for Q4 2027. The starting purchase price is AED 3,500,000, and the stated sizes begin at 1,408 sq ft. These figures describe the entry price and the minimum stated size for the project. The starting price per sq ft is AED 2,485, which is 12% above the Dubai Land Department average for BUSINESS BAY (last 30 days). That area average is AED 2,218 per sq ft. The payment plan divides the purchase price into three stages: on booking, during construction and upon handover. At the starting price, 20% is due on booking, amounting to AED 700,000. During construction, 40% is payable, equivalent to AED 1,400,000. The remaining 40%, also AED 1,400,000, is due upon handover. The construction and handover portions are equal, with the final payment linked to the Q4 2027 handover.

Availability by type

TypeFromSize
2 bedroomAED 3,490,0001,300–4,396 sq ft

as of 15 Oct 2026

Get the full availability list on WhatsApp

Dubai Land Department sales, last 12 months

Number of sales

13

Median price / sq ft

AED 2,785

Median · last 12 months · 13 sales

Date range

21 Jan 2026 – 11 Sept 2026

Recent registered sales
DateUnitSizePrice
11 Sept 20261 B/R857 sq ftAED 2,388,000
21 Apr 20262 B/R1,311 sq ftAED 3,534,000
20 Apr 2026Studio435 sq ftAED 1,126,000
15 Apr 20263 B/R2,014 sq ftAED 6,410,250
13 Apr 2026Studio427 sq ftAED 1,194,000

Source: Dubai Land Department · through 11 Sept 2026

Amenities

  • Aqua Exercise
  • Ufo Spa
  • Planets Inspired Garden
  • Swim Vr
  • Relaxation Pods
  • Podium Level

Payment Plan

  1. 1

    20%

    Down payment

  2. 2

    40%

    During construction

  3. 3

    40%

    On handover

  4. 4

    0%

    Post-handover

20% On booking, 40% During construction, 40% Upon Handover

Floor Plans

CategoryUnit typeSizesType
Residential2 bedroom1,300–4,396 sq ftApartment

Unlock: Floor plan 1 · Floor plan 2 · Floor plan 3 · Floor plan 4 · Floor plan 5 · Floor plan 6 · Floor plan 7 · Floor plan 8 · Floor plan 9

Location

Loading map

Business Bay · DLD market

Median price / sq ft

AED 2,006

Median · last 30 days · 309 apartment sales

Sales · 30 days

309

Trend · 90 days

−3.3%vs previous 90 days (apartments)

Dubai Land Department open data · residential sales · 2026-10-15

Calculators

AED 15,563 / month

Estimate only; final terms from a Central Bank-regulated lender.

Size converter

92.9 m² · 111.1 sq yd

Currency converter

USD
953,029
EUR
875,000
GBP
735,000
INR
79,450,000
PKR
266,000,000
RUB
87,500,000
SAR
3,573,500
CNY
6,790,000

Indicative rates; USD and SAR at the fixed peg.

Canal Crown: questions & answers

What is the starting price of Canal Crown?

From AED 3,500,000 (developer starting price as of 2026-09-30). Prices change with availability; ask ZONE IMMO for the current price list.

What is the payment plan for Canal Crown?

20% down payment, 40% during construction and 40% on handover.

When is the handover of Canal Crown?

Handover is scheduled for Q4 2027, according to the developer.

Where is Canal Crown located?

Canal Crown is in Business Bay, Dubai, developed by DAMAC.

What unit types does Canal Crown offer?

2 bedroom, from 1,300–4,396 sq ft. Floor plans are available on request.

Who is the developer of Canal Crown?

Canal Crown is developed by DAMAC. See all DAMAC projects on ZONE IMMO.

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Prices are indicative starting prices from developers; subject to change and availability.