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Business Bay , Dubai
Canal Crown
Canal Crown is a new premium residential addition by DAMAC Properties in the thriving area of Business Bay.
Launch Price
1.99m
Handover
Q2 2027
Project Overview
Canal Crown is a new premium residential addition by DAMAC Properties in the thriving area of Business Bay. Designed in collaboration with de GRISOGONO, the 2-tower complex of 38 storeys will be inspired by peridot, with elements of outer space. From floors 2 till 35, Canal Crown will house ‘luxury’ units, whilst the 36th and 37th floors will have ‘super-luxury’ properties. The ‘luxury’ category includes studios and 1-2 bedroom apartments, whilst 3-4 bedroom duplexes are on sale in the ‘super-luxury’ segment. There will also be just one townhouse-duplex on the podium level.
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Location
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Developer
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Property typeApartments, Duplex, Townhouses
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Number of bedrooms1-4, Studios
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Area from
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HandoverQ2 2027
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Payment Plan80/20
Canal Crown
Photo
Video
Floor Plans
Payment Plan
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!
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On Booking
20%
Payment -
On construction
60%
Payment -
On Handover
Q1 202520%
Payment
Amenities
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
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Aquafit
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Gardens
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Rooftop Lounge
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Promenade
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Relaxation Room
Amenities
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Aquafit
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Gardens
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Rooftop Lounge
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Promenade
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Relaxation Room
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Metropolitan Premium Properties
Real Estate team
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Location
Explore the AreaBusiness Bay , Dubai
Business Bay offers a prime central location with excellent connectivity to key areas of the city. The area is well-served by public transportation, including the Business Bay metro station, and provides easy access to major attractions such as Dubai Mall and Safa Park. Its strategic position makes it ideal for professionals in Dubai’s financial sector, while also offering residents stunning views of the city’s skyline and proximity to world-class entertainment, shopping, and dining options in nearby Downtown Dubai.
Click a pin to see route and travel time
Other Projects in Business Bay
About the Developer
DAMAC
DAMAC Properties has been constructing significant real estate projects in the Middle East for over 20 years. In addition, the developer operates in Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom.
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203
Completed projects
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2002
Year of foundation
Other Projects by DAMAC
FAQ
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Who is the developer of Canal Crown?
Canal Crown is being developed by DAMAC Properties.
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What is the address of Canal Crown?
The development is located in Business Bay.
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What are the offered unit types?
One has the opportunity to select from a collection of studios, 1-2 bedroom apartments and 3-4 bedroom duplexes. There is also an exclusive 2-bedroom townhouse-duplex located on the podium level. Not forgetting the opportunity to acquire a full floor.
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What is the completion date of Canal Crown?
The estimated completion date is scheduled for Q2 2027.
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What are the Payment Plans for Canal Crown?
You can use an 80/20 payment plan with a 20% booking fee.
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How much does an apartment cost in Canal Crown?
As of May 2023, the initial price for a 1-bedroom property is AED 1.99M (USD 542K). A duplex costs AED 16.05M (USD 4.37M) at least and a full floor is priced at a minimum of AED 21.08M (USD 5.7M).
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Can I obtain residency if I buy property in Canal Crown?
Yes, you can become a UAE resident through property investment in Canal Crown. The validity of your visa will depend on the acquisition value.
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What type of visa can I get when I buy a property?
You can obtain a 2-year visa for an investment of AED 750K (USD 204K) and above. Another option is a 10-year Golden Visa, priced at a minimum of AED 2M (USD 545K).
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Can a foreigner buy property in Canal Crown?
Canal Crown is a freehold complex, enabling any nationality to become 100% property owners.
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Is an apartment in Canal Crown a good investment?
An apartment here is an excellent investment, as it will be popular to rent among tourists and business professionals. The gross average ROI in Business Bay is 5.8%, as of April 2023.
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Is Canal Crown a good place for living in Dubai?
Canal Crown is set to become one of the area's most desired addresses among young couples, business professionals and entrepreneurs. The project offers easy access to famous landmarks and features unique amenities, including a UFO spa, a planet-inspired garden, a swim VR experience and much more.
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What are the pros and cons of living in Business Bay?
Occupants of Business Bay can easily reach various coveted destinations thanks to the well-developed public transport infrastructure. The area has Fairview Residency 1 and Clayton Residency 2 bus stops, among other links.
About Metropolitan Premium Properties
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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120,000+
satisfied clients
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15 Years
of market expertise
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6000+
closings on properties
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AED 15 B+
in successful luxury investments
Our Achievements
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
What Clients Say About Us
Veronika Sigal
March 15, 2026
Мы получили наилучший сервис из возможных! Все в срок, с соблюдением договоренностей, ответственно и профессионально
Neda Motamedi
January 30, 2026
In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
Parmiss Hejazian
January 30, 2026
We purchased our house in 2025 through this company, and our experience was truly excellent.
Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
Azeem Muhammad
January 28, 2026
I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
Dieter Knechtel
January 15, 2026
Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
Fahad Mohammad
January 15, 2026
It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
Saolo Elkhoury
January 15, 2026
Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
Chris Randall
January 14, 2026
Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
Amanda Line
January 14, 2026
I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
Juliette Buhareva
January 11, 2026
Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову.
Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
Luiza Valieva
January 11, 2026
A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova.
From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
Jennifer Wentworth
January 10, 2026
Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
Lucy Byrne
January 10, 2026
Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks.
Highly recommended to all my family and friends.
Paul Stephenson
January 9, 2026
Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
Cornell Campbell
January 8, 2026
A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...
Canal Crown
New Launch in Business Bay by DAMAC Explore premium Apartments, Duplex, Townhouses starting from 1-4, Studios bedrooms Positioned in the vibrant Business Bay area, where the launch price averages 1m
This project offers a perfect balance of luxury and value Move-in ready by Q2 2027
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We’ve sent you a confirmation email and will be in touch soon.
Consultation
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Presentation
The PDF File: 16.75 Mb
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All features, floor plans, renders, and specifications — in one complete brochure
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