Canal Crown
The facts, verified
About the project
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 a
Amenities
Canal Crown payment plan
| Milestone | Share | On AED 3.5M |
|---|---|---|
| On booking | 20% | AED 700K |
| During construction | 40% | AED 1.4M |
| Upon Handover | 40% | AED 1.4M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 700,000 |
| During construction (40%) | ≈ AED 58,333 equivalent per month over 24 months | AED 1,400,000 |
| Handover (40%) | On completion | AED 1,400,000 |
| DLD fee (4%) | On booking | AED 140,000 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Canal Crown prices and unit mix
Project documents
Business Bay masterplan
Canal Crown location and connectivity
- Burj Park by Emaar11 min
- Creative Kids Early Learning Centre1 min
- Scholars International Group10 min
- Jumeirah Beach11 min
- Dubai Mall10 min
Business Bay registered prices, against Canal Crown
Compare against another launch →About DAMAC
All their projects →
DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Attractions within reach
Getting there
All lines →Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Canal Crown
What is the starting price at Canal Crown?
Canal Crown starts from AED 3.5M and runs to AED 9.88M, across 2 bedroom, 2 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
What is the Canal Crown payment plan?
20% on booking, 40% during construction, 40% upon handover, worked in dirhams on AED 3.5M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Canal Crown handover?
DAMAC lists handover for Q4 2027, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Canal Crown?
In Business Bay, Dubai: Burj Park by Emaar 11 min, Creative Kids Early Learning Centre 1 min, Scholars International Group 10 min. The Business Bay community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 28853404. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.