Canal Crown
by DAMAC

Studios, 1 and 2 bedroom apartments, duplexes and full floors

AED 1,10 mln Starting price
Q2 2027 Handover
Canal Crownby DAMAC

Buy Apartments in Canal Crown by DAMAC Properties, Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,100,000
Location Business Bay
Developer DAMAC Properties
Handover Q2 2027
Living Area 401 sq. ft. - 13,946 sq. ft.
Bedrooms Studios - 4 BR

Canal Crown is an off-plan DAMAC residence on Dubai Water Canal in Business Bay, running from studios up to four-bedroom duplexes. Leisure leans experiential here, from a view-oriented infinity pool to an observatory sky lounge and spa pods.

Set along the Marasi Drive corridor, Canal Crown is planned as a two-tower complex designed with de GRISOGONO. Peridot and outer-space motifs shape the architecture and shared areas. The unit mix is broad for Business Bay, covering studios, one and two bedroom apartments, three and four bedroom duplexes, a two-bedroom podium townhouse-duplex and full floors. Residences range from 401 to 4,761 sq ft, while full floors reach 13,946 sq ft. Inside, a restrained contemporary palette allows natural light and canal views to lead. Homes overlook the water, promenade and Business Bay skyline. Planned facilities focus on wellness and leisure rather than a standard amenity package. They include an aqua gym, planet-inspired gardens, Swim VR, a private screening room and a grand entrance lobby. Buyers can choose anything from a compact studio to an entire floor at this canal-side Business Bay address.

Canal Crown
About Canal Crown by DAMAC

Overview of Canal Crown by DAMAC

A canal-front branded residence pairing de GRISOGONO design with experiential wellness, Canal Crown builds its investment appeal on a central Business Bay address, a broad unit mix and DAMAC's international delivery record.

6%

Average ROI

8%

Maximum ROI

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Community

Business Bay is a lively waterfront district beside Downtown Dubai. Offices, homes, hotels, restaurants and daily services cluster around Dubai Water Canal. The area attracts young professionals, expatriates, couples and families who prefer a central city base to a quiet suburb. The canal promenade and Bay Avenue Park add open space between the towers. Peak-hour congestion is the main trade-off, while the busy urban atmosphere remains part of the appeal for buyers seeking real estate in Business Bay.

Everyday life is well served. Bay Avenue Mall, Bay Square and Bay Avenue Park cover retail, dining and green space within the district, with a full spread of cafes and services close by. Private-school options lie within a 5–20-minute drive, and healthcare is anchored by Mediclinic City Hospital, about ten minutes away. Connectivity is a core strength for anyone weighing property for sale in Business Bay: the Red Line's Business Bay Metro Station, RTA bus routes and road links via Sheikh Zayed Road (E11), Al Khail Road (E44) and E66 tie the area to the rest of Dubai. Dubai International Airport is roughly fifteen minutes away in normal traffic.

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Interior

The interiors at Canal Crown follow the design language shaped with de GRISOGONO, translating a peridot and outer-space theme into a calm, contemporary home. Restrained tones let natural light and canal views carry the mood, and layered lighting gives the shared spaces and residences depth after dark. The result reads as polished yet liveable. Generous glazing across many layouts keeps the connection to the promenade and the wider Business Bay skyline present through the day. For buyers considering a 2 bedroom apartment in Business Bay, that sense of space defines the larger configurations.

As a branded residence, Canal Crown is built around quality finishes across kitchens, bathrooms and living areas, with materials chosen to match its premium standing. Kitchens are designed as considered, integrated spaces, and bathrooms carry the same treatment expected of a DAMAC branded project. Living areas favour durable, tactile surfaces that hold their character over time. Because the development remains off-plan, buyers should confirm the final specification and any handover packages directly with the developer, though the intent throughout is a coherent, high-standard interior that suits owner-occupiers and the rental market alike.

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Infrastructure

Daily needs sit comfortably within reach of the canal corridor. Business Bay is dense with cafes, casual eateries and restaurants, and the promenade along Dubai Water Canal adds a waterside setting for dining and evening strolls. Bay Avenue gathers everyday retail, coffee spots and services into one walkable pocket, while smaller supermarkets and convenience outlets are spread across the surrounding towers. For anyone weighing Business Bay flats for sale, the appeal is that groceries, a morning coffee and a sit-down meal are all handled without leaving the immediate neighbourhood.

Larger-scale shopping and leisure are minutes away too. Bay Avenue Mall and Bay Square cover fashion, services and entertainment, and Downtown Dubai's retail sits immediately adjacent, while Bay Avenue Park gives families open green space. Healthcare is well covered, with Mediclinic City Hospital about a ten-minute drive and numerous clinics closer still. Transport is a defining advantage: Business Bay Metro Station on the Red Line is roughly eleven minutes from the project by car, RTA buses serve the district, and Sheikh Zayed Road and Al Khail Road put the wider city within easy reach.

Overview

Ready to explore what Canal Crown could return?

Amenities of Canal Crown
by DAMAC

Canal Crown pairs everyday building services with an unusually experiential set of leisure and wellness facilities, all planned around the canal-front setting.

Aqua gym and fully equipped gym

Aqua gym and fully equipped gym

Planet landscaped gardens

Planet landscaped gardens

Grand entrance lobby

Grand entrance lobby

Infinity lap pool
Observatory deck and sky lounge
UFO spa pods and relaxation areas
Immersive Swim VR experience
Private screening room
Canal promenade access
On-site retail outlets
Covered parking and high-speed elevators
Round-the-clock security and maintenance
Gallery

Floor Plans Canal Crown
by DAMAC

Property Type
Bedrooms
Area
Starting Price
Studio
from 401 sq. ft.
Ask for Price
Studio
Ask for Price 401 sq. ft.
Bathrooms Bathrooms1

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Apartments
1 Bedroom
from 811 sq. ft.
Ask for Price
1 Bedroom Apartments
Ask for Price 811 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

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We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,457 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 1,457 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

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We will help you get an asset that is growing in value

Duplexes
3 Bedrooms
from 4,591 sq. ft.
Ask for Price
3 Bedrooms Duplexes
Ask for Price 4,591 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

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We will help you get an asset that is growing in value

Duplexes
4 Bedrooms
Ask for Price
4 Bedrooms Duplexes
Ask for Price
Bedrooms Bedrooms4
Bathrooms Bathrooms4

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We will help you get an asset that is growing in value

Floor Plans

Payment Plan Canal Crown by DAMAC

The reported 80/20 launch plan required 20% on booking, 60% during construction and 20% at completion. This schedule phased the purchase cost across the build and left the final portion until handover. Confirm current availability of the Canal Crown payment plan with DAMAC.

0% Comission
Direct Sales

Types of Payment Plan

1st Instalment 20% Booking payment
2st Instalment 60% During construction
3st Instalment 20% Handover in Q2 2027
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Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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Canal Crown
About Us

Economic Attractiveness

Liquidity is underpinned by the DAMAC name and its de GRISOGONO design partnership, set within one of Dubai's most actively traded apartment districts.

Get Full Investment Details

2,98 mln 23%

Median price (AED)

2,840

Median price per sqft (AED)

49 -73%

Transactions

Source: Data taken from DXB for the last year, overview Canal Crown by DAMAC Properties

Several features support the investment case. Canal views add value, while the infinity pool, sky lounge, spa pods and Swim VR distinguish the building from standard Business Bay stock. The district has an established tenant base of professionals and families; its rents rose 18.2% year-on-year in 2025. Red Line metro access, RTA buses and links to Sheikh Zayed Road and Al Khail Road also ease commuting. Under the reported 80/20 launch structure, buyers could phase payments through construction before the expected 2027 handover.

Current asking prices for apartments for sale in Business Bay at Canal Crown start at AED 1,100,000 for studios. The mean asking price across the project's live listing sample is AED 2,895 per sq ft. Business Bay is a freehold zone, allowing overseas nationals to buy property in Business Bay with full ownership.

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For Rent

Canal Crown remains pre-handover, so it has no project-specific rental history. Business Bay provides the current benchmark: district studio asking rents start at about AED 41,999 a year, while reported gross yields range from 6% to 8% annually. District rents rose 18.2% year-on-year in 2025. After handover, landlords should compare achieved rents within Canal Crown with these area figures rather than treat the district range as a guaranteed project return.

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For Living

Canal Crown offers canal-front living in de GRISOGONO-designed surroundings. Layouts range from compact studios to duplexes and full floors, with generous glazing and restrained interiors. Residents will have access to an infinity pool, sky lounge, gardens and spa pods. A 1 bedroom apartment for sale in Business Bay here also places Bay Avenue's retail and dining nearby. The metro, major roads and canal promenade support daily travel, although peak-hour traffic remains a consideration.

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For Resale

Canal Crown enters a liquid Business Bay resale market. The district recorded 9,602 sales over the past 12 months and ranked second in Dubai for apartment transaction volume in Q4 2025, with more than 4,200 sales. For off-plan owners, the de GRISOGONO branding, canal views and distinctive amenities provide clear points of difference at resale. Demand can be tested more directly as the expected 2027 handover approaches and more project transactions are recorded.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials Canal Crown
by DAMAC

Project Materials

Developer Canal Crown

DAMAC Properties is the development arm of DAMAC Group, a globally recognised name in premium and branded residential real estate.

Founded in 2002 and led by chairman Hussain Sajwani, DAMAC Properties has built an international platform around design-driven, lifestyle-focused development. The company reports delivery of more than 50,000 homes, with over 54,000 further units planned across 15 global cities, and a portfolio spanning more than 75 towers and eight master communities. Its record with branded residences, including earlier work with de GRISOGONO, makes Canal Crown a continuation of an established design relationship. That consistency of scale and delivery runs through its wider DAMAC new projects pipeline.

Location Canal Crown by DAMAC

Canal Crown sits at the intersection of Marasi Drive and Al Asayel Street along Dubai Water Canal in Business Bay, placing Downtown Dubai and its landmarks within a short drive of the front door.

Sheikh Zayed Road (E11) and Al Khail Road (E44) provide the main road links from the project. The canal promenade is at the development, while Downtown Dubai's dining, shopping and leisure attractions are a short drive away.

Business Bay Metro Station on the Red Line is about eleven minutes away by car, and RTA buses serve the surrounding streets. The E11, E44 and E66 corridors connect the district with wider Dubai. Dubai International Airport is roughly a fifteen-minute drive from Business Bay in normal traffic.

Sights & Attractions

The Dubai Mall

icon 10 min

Burj Khalifa

9 min

Dubai Water Canal Promenade

3 min

Healthcare facilities

Aster Clinic

icon 5 min

Emirates Hospital Clinic

8 min

Mediclinic City Hospital

10 min

Educational institutions

JSS Private School

icon 10 min

Global Indian International School

8 min

Hartland International School

12 min

Transportation

Business Bay Metro St.

icon 11 min

Burj Khalifa/Dubai Mall Metro Station

12 min

Dubai International Airport

15 min

FAQ

Below are the questions buyers, tenants and investors ask most often about Canal Crown. If something you need isn't covered here, reach out and our team will be glad to help you with the details.

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Where is Canal Crown located in Dubai?

Canal Crown stands at the intersection of Marasi Drive and Al Asayel Street along Dubai Water Canal, in the heart of Business Bay. The address places it beside Downtown Dubai, with the canal promenade on the doorstep and direct access to Sheikh Zayed Road and Al Khail Road for travel across the city.

Who is the developer behind Canal Crown?

The project is developed by DAMAC Properties, the property arm of DAMAC Group, in a design partnership with the jeweller de GRISOGONO. DAMAC reports the delivery of more than 50,000 homes worldwide and a portfolio of over 75 towers, giving the development a substantial track record behind it.

What property types and sizes are available?

The mix spans studios, one and two bedroom apartments, three and four bedroom duplexes, a two-bedroom podium townhouse-duplex and full floors. Reported residence sizes range from 401 sq ft to 4,761 sq ft, while full floors reach up to 13,946 sq ft, offering configurations for singles, families and larger households.

How much does an apartment at Canal Crown cost?

Current asking prices start at AED 1,100,000 for a studio, with the mean asking price across live listings at AED 2,895 per sq ft. Larger duplexes and full floors sit considerably higher, reflecting their scale and canal-front positioning. Prices vary by floor, view and layout, so confirm the latest figures for a specific unit.

What is the payment plan for Canal Crown?

The reported launch plan used an 80/20 structure: 20% on booking, 60% during construction and 20% on completion. Because alternative structures have also been published, buyers should confirm whether this Canal Crown payment plan remains available and request the current schedule directly from DAMAC before reserving a unit.

When will Canal Crown be handed over?

Handover is expected during H1–H2 2027, although the exact quarter remains unconfirmed. Construction began in August 2023, and the development remains under construction as of July 2026. Buyers should check the latest construction update and contractual completion date for their chosen unit before purchase.

What amenities does Canal Crown offer?

Planned facilities are unusually experiential, including an infinity lap pool, an aqua gym, planet-inspired gardens, an observatory deck and sky lounge, UFO spa pods, an immersive Swim VR feature and a private screening room. Covered parking, high-speed elevators and round-the-clock security round out the building services.

Is Canal Crown a good investment?

Business Bay recorded 9,602 sale transactions over the past 12 months, while district rents rose 18.2% year-on-year in 2025. Within that active market, Canal Crown adds de GRISOGONO branding, canal views and unusual leisure facilities. Its investment case rests on those points of difference rather than an unverified project-specific rental yield.

Can foreigners buy at Canal Crown?

Yes. Business Bay is a designated freehold zone, so overseas nationals can purchase with full ownership. Buyers may also qualify for UAE investment-visa routes depending on the value of their property, subject to the official thresholds and rules in force at the time of purchase.
FAQ

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Canal Crown
Amirans Kavtaradze

List by

Amirans Kavtaradze

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Canal Crown

Starting Price AED 1,10 mln

Handover Q2 2027