Canal Crown
Canal Crown Offered by Buy Dubai Off-Plan
Canal Crown

Canal Crown

by DAMAC in Business Bay View on map Under construction

Starting price
AED 1,120,000
Payment plan
60/40
Handover
Q4 2027

≈ € 269,000

Project details

Starting price AED 1,120,000 ≈ € 269,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q4 2027 Under construction
Bedrooms Studio34
Property type
Apartment, Duplex
Floor area
37 to 442 m²
Developer
DAMAC
Location
Business Bay
Project brochure
Free, with no obligation

The Canal Crown brochure

Download the brochure for Canal Crown van Damac Properties in Business Bay for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Canal Crown

  • 38-storey luxury residential tower with an iconic design

  • Stunning views over the Dubai Water Canal and the city skyline

  • World-class amenities including an observation deck and UFO Spa

  • Prime location in Business Bay, close to the Burj Khalifa

  • Attractive payment plan: 60% during construction, 40% on completion

Canal Crown at Business Bay (Dubai): Luxury homes by Damac Properties

Canal Crown is a prestigious new development in the heart of Dubai, developed by the renowned Damac Properties. This impressive 38-storey building offers an exclusive collection of residences, ranging from compact studios to spacious four-bedroom duplex apartments. The project is distinguished by its unique architecture, designed in collaboration with the famous designer de Grisogono. Its location on the Dubai Water Canal provides breathtaking views and a serene waterside environment. Residents can enjoy an extensive package of luxury amenities, including an observation deck on the top floor, a swimming pool with panoramic views, and innovative wellness facilities such as the UFO Spa. Completion is scheduled for the last quarter of 2027, making this an ideal investment for those seeking future real estate in one of Dubai’s most dynamic districts.

Home types and layouts at Canal Crown Business Bay (Dubai)

The Canal Crown project offers a diverse range of residential units, perfectly tailored to different lifestyles and needs. The smallest units are studios of approximately 37 m2, ideal for singles or investors. For families or those wanting more space, one or two-bedroom apartments are available. The real highlights, however, are the luxury three or four-bedroom duplexes, with areas of up to 442 m2. All homes feature high-quality finishes, floor-to-ceiling windows for maximum light, and modern kitchen appliances. The layout of the units is carefully designed to make optimal use of the available space, with spacious living areas and functional kitchens. The bathrooms are equipped with premium sanitaryware and elegant materials. What truly makes this project unique is the opportunity to live in an architectural masterpiece with water views, while still being located in the heart of Dubai’s bustling business district.

About the developer Damac Properties and the Canal Crown design

Damac Properties, the developer behind Canal Crown, is known for its high-quality projects in Dubai and beyond. For this specific project, they collaborated with the world-famous designer de Grisogono, resulting in a building with an exceptional architectural concept. The building’s facade is a harmonious combination of modern lines and timeless elegance, with extensive use of glass for a transparent appearance. The interior of the common areas is equally impressive, with a grand lobby that immediately conveys a sense of luxury. The building features an extensive package of amenities spread across various levels, including a planet-inspired garden on the podium level. The developer has paid particular attention to sustainability and smart technologies, without compromising on comfort or aesthetics. With years of experience in the market, Damac Properties guarantees a quality finish and timely completion of this prestigious project.

Prime location in Business Bay (Dubai) near key Dubai destinations

Business Bay, the location of Canal Crown, is one of the most sought-after districts in Dubai. This dynamic business district offers a perfect mix of work and life, with numerous offices, restaurants, and entertainment options within easy reach. The project is located directly on the Dubai Water Canal, providing a unique waterside experience in the middle of the city. Accessibility is excellent: the world-famous Burj Khalifa and The Dubai Mall are just a five-minute drive away, while Jumeirah Beach is reachable in ten minutes. Dubai International Airport is accessible within twenty minutes, ideal for frequent travellers. The area offers everything needed for a comfortable city life, from high-end shops to reputable schools and medical facilities. Thanks to the extensive infrastructure and public transport options, all key destinations in Dubai are easily accessible. This makes Canal Crown not only an attractive residential location but also an excellent investment in one of the city’s most coveted postcodes.

Flexible payment plan for Canal Crown homes

For potential buyers, Canal Crown offers a transparent and investor-friendly payment plan. Only 60% of the purchase price is due during the construction phase, spread across various milestones in the construction process. The remaining 40% is only due upon the final completion of the project in the fourth quarter of 2027. This structure makes it possible to gain a foothold in the Dubai real estate market with a relatively low initial investment. The starting price for a studio is AED 1,120,000, which is highly competitive for a project of this calibre in such a sought-after location. Our property advisors in Dubai are ready to guide you through the entire purchase process, from the initial viewing to the final transfer.

Amenities

Payment plan for Canal Crown

60%40%
60%
During construction, in instalments
AED 672,000
≈ € 161,000
40%
After handover
AED 448,000
≈ € 108,000

Monthly payments and your own funds

How much do you need for Canal Crown, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 2,267

≈ € 540 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 672,000≈ € 161,300
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 448,000≈ € 107,500
Purchase costs4% DLD fee and mortgage costs
AED 51,270≈ € 12,300
Total funds required
AED 723,270≈ € 173,600
Request finance guidance for Canal Crown
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Canal Crown

Location

Business Bay, Dubai Burj Al Arab: 15 minutes (car) · Dubai International Airport: 20 minutes (car)
Open in Google Maps

Travel times from Canal Crown

  • Burj Al Arab: 15 minutes (car)
  • Dubai International Airport: 20 minutes (car)
  • Dubai Marina: 25 minutes (car)
  • Jumeirah Beach: 10 minutes (car)
  • The Dubai Mall: 05 minutes (car)

About DAMAC

Damac offers an extensive portfolio of off-plan real estate projects in Dubai, ranging from luxury apartments to exclusive villas. These projects are located in prestigious areas such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Off-plan investing with Damac means purchasing a property before construction is completed, which often brings financial advantages. The developer is known for its timely handovers and quality finishes.

On this page, you will find a complete overview of all current off-plan projects by Damac, including details on location, floor area, and payment terms. Contact us for more information on specific projects.

All projects by DAMAC

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.