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Project

Canal Crownon sale

Business Bay·DAMAC

Price (AED)

3,500,000-9,882,000USD 953,050 – 2,690,869

Bedrooms

2

Handover

Q4 2027

Size (sqft)

1408-4396

AED / sqft

796-7,017

Inventory

9 units · 2 buildings

Construction

under construction

Readiness

32.80%

Compliance & specs

DLD escrow #

28853404

Service charge

22-24 AED/sqft

Furnishing

Semi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.

Post-handover plan

None

About

Project general facts

Canal Crown by DAMAC Properties, created in collaboration with the renowned luxury jewelry house de GRISOGONO, is an iconic residential tower located in the heart of Business Bay, Dubai. Inspired by the brilliance and mystique of the rare peridot gemstone, the project introduces a bold architectural concept that combines futuristic design with refined luxury living. The development offers an exclusive collection of studios, as well as 1-, 2-, 3-, and 4-bedroom residences, each crafted to deliver an elevated urban lifestyle surrounded by panoramic canal and skyline views.

Residents at Canal Crown enjoy a curated selection of premium amenities designed to reflect the project’s celestial and wellness-inspired concept. The tower features luxurious leisure spaces, infinity-style pools, wellness zones, relaxation lounges, and lifestyle facilities that create an immersive residential experience in one of Dubai’s most dynamic districts. Positioned directly on the Dubai Canal and moments from Downtown Dubai, the project offers exceptional connectivity alongside a vibrant cosmopolitan atmosphere.

The interiors at Canal Crown are designed with high-quality materials and sophisticated contemporary finishes that emphasize elegance and comfort. Spacious layouts are complemented by expansive windows that maximize natural light and showcase stunning city views. Kitchens come fully equipped with premium Siemens appliances, while the overall interior aesthetic reflects a seamless blend of modern luxury and artistic design. The residences are delivered unfurnished, allowing homeowners to personalize their spaces according to their own style and vision.

Location description and benefits

Business Bay is one of Dubai’s most dynamic and fast-paced neighborhoods, known as the city's central business, commercial, and residential hub. Located just minutes from Downtown Dubai and the iconic Burj Khalifa, it offers a strategic location with seamless access to Sheikh Zayed Road and Al Khail Road. Business Bay is a prime destination for professionals, entrepreneurs, and investors looking to be at the heart of Dubai’s thriving economy, with a skyline defined by high-rise towers, luxury hotels, and modern office spaces.

Beyond its corporate appeal, Business Bay has evolved into a vibrant lifestyle destination. The area features a wide range of residential options, from upscale studios to spacious penthouses, many with stunning views of the Dubai Canal. Residents enjoy an urban lifestyle with access to fine dining, boutique cafes, waterfront promenades, gyms, and art spaces, all set against a backdrop of architectural elegance. The Dubai Water Canal also adds a touch of serenity, perfect for walks, boat rides, or simply enjoying the city lights by the water.

As one of the most well-connected and sought-after areas in Dubai, Business Bay continues to grow as a leading hub for luxury living and commercial innovation. Whether you're working, living, or investing, it offers the perfect blend of modern convenience, cosmopolitan energy, and high-end urban living — all in one prime location.

Available unit types

1 bedroom configurations

These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 2 buildings , the developer's full floor-plan pack below covers every variant.

2 bedrooms floor plan

2 bedrooms

1300-4396 sqft

AED 3,490,000 – 9,882,000USD 950,327 – 2,690,869

Range across 8 layout variants

Office spaces

Layouts and pricing released on request.

Talk to a broker

Payment plans

Payment planInterest-free during construction

20%
40%
40%
BookingDuring constructionOn handover (Q4 2027)
  1. 1.

    On booking

    20%
  2. 2.

    During construction

    40%
  3. 3.

    Upon Handover (Q4 2027)

    40%
CASADIOR

Calculate your payments

Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.

Include fees:
#WhenStep%Amount (AED)Amount (USD)Cumulative (USD)
1Upon bookingReservation20%698,000190,065190,065
2Between booking and Q4 2027During construction40%1,396,000380,131570,196
3Q4 2027Upon Handover (Q4 2027)40%1,396,000380,131950,327
Total100%AED 3,490,000USD 950,327

Cash-flow shape: 60% during the construction period (20% upon booking, 40% across milestones), 40% at handover (Q4 2027).

0% interest during construction , no APR, no compounding.

Opens directly in Excel, Numbers, or Google Sheets.

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Amenities

6 features

Location

Business Bay

25.18221, 55.28017

Nearby

  • Burj Park by Emaar4.5 km · 11 min
  • Creative Kids Early Learning Centre0.2 km · 1 min
  • Scholars International Group4 km · 10 min
  • Jumeirah Beach7.8 km · 11 min
  • Dubai Mall4 km · 10 min

About Business Bay

Business Bay is Dubai's central commercial and residential district, strategically positioned along Sheikh Zayed Road and Al Khail Road. The area offers convenient access to key Dubai destinations: approximately 9 minutes by car to Dubai Mall, 20 minutes to Burj Al Arab, 21 minutes to Palm Jumeirah, and 32 minutes to Dubai International Airport. Well-established infrastructure includes improved parallel roads with enhanced connectivity completed in 2018.

Explore Business Bay

About DAMAC

DAMAC

Damac Properties LLC, established in 1982, is a tier-1 UAE developer specializing in luxury residential communities and branded residences across Dubai's prime locations including Business Bay, Damac Hills, and Safa Park. The developer maintains a portfolio of 62 projects in our catalogue, with notable developments including Chic Tower, Damac Islands, and properties under the Autograph Collection brand.

Building details

Tower A

Tower A

STUDIO, 1 BR, 2 BR, 2-BR DUPLEX, 3-BR DUPLEX &4-BR DUPLEX

Tower B

Tower B

STUDIO, 1 BR, 2 BR, 2-BR DUPLEX, 3-BR DUPLEX &4-BR DUPLEX

Parking allocation

Unit typeBedroomsSpaces
Apartment42
Apartment21
Apartment11
Apartment32
Apartment01

Marketing brochure

Download brochure (PDF)

Frequently asked questions

About Canal Crown

What is the starting price for Canal Crown?

Prices at Canal Crown start from AED 3,500,000. Off-plan inventory moves with availability, so confirm the current entry price with a Casadior broker before deciding.

What is the payment plan for Canal Crown?

Canal Crown is offered with the Payment plan. The full instalment schedule, what is due at booking, during construction, and at handover, is published on this page.

When does Canal Crown hand over?

Handover of Canal Crown is planned for Q4 2027. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.

Where is Canal Crown located?

Canal Crown is located in Business Bay, Dubai. The location section on this page has the map and nearby points of interest.

Who is the developer behind Canal Crown?

Canal Crown is developed by DAMAC. The developer's track record and full project list are on our DAMAC page.

More answers in the full Dubai buying FAQ

Why Dubai off-plan

The macro case for buying off-plan in Dubai

These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.

0% interest, ever

Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.

No income or capital-gains tax on property

Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.

20% usually opens the unit

Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.

Post-handover plans extend the runway

Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.

Golden Visa from AED 2M

A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.

Freehold ownership for foreigners

Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.

Price

from AED 3,500,000

≈ USD 953,050

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Currency

Budget range

AED 500kAED 3M

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Upfront to reserve: AED 120kAED 720k (≈20% down + 4% DLD)

Bedrooms

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Timeline

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