Canal Crown

Name: Canal Crown
Brand: DAMAC Properties
Price: 1190000 AED
Availability: InStock
Rating: 4.84 (194 reviews)

Business Bay

Apartments

Studio1 Bedroom Apartment2 Bedroom Apartment3 Bedroom Apartment4 Bedroom Apartment

Project Overview

Canal Crown by DAMAC Properties is a luxury residential development located in the prestigious area of Business Bay, Dubai. Created in collaboration with the luxury Swiss brand de GRISOGONO, this twin-tower project features a unique peridot-inspired design that integrates celestial themes into its architecture and lifestyle offering. Spanning 38 storeys, the project includes ultra-modern residences with panoramic views of the Dubai Water Canal and Downtown Dubai.

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Project Detail

Starting Price

AED1,190,000

Owner Type

Freehold

Size Range

401 - 4,761

Handover Date

Q4 2027

Project Description

Canal Crown in Business Bay is a landmark residential destination crafted for those seeking extraordinary urban living. Offering a futuristic design fused with premium interiors, the residences embody elegance, comfort, and innovation. Each apartment is built to maximize views and space, while high-end materials and fittings promise long-term value and sophistication. Designed for professionals, investors, and luxury seekers, the development includes a combination of compact, efficient layouts and expansive duplex residences. From the signature circular balconies to the immersive features like an aquatic VR gym and rooftop observatory, every aspect of Canal Crown pushes the boundaries of modern-day residential living in Dubai. With direct views of the Dubai Canal and close proximity to Downtown Dubai, residents enjoy unmatched access to city attractions, premium shopping, world-class dining, and business hubs. The development is also integrated with a promenade filled with retail and dining options, making daily life effortlessly convenient and vibrant.

Economic Appeal

Canal Crown offers a compelling investment opportunity with high rental yields in Business Bay. The starting rental return for 1-bedroom units is around 5.8% ROI , and rental prices begin at AED 58,000 per annum. Investors can qualify for UAE residency through real estate investment, including: 2-Year Investor Visa (minimum investment: AED 750,000) 10-Year Golden Visa (minimum investment: AED 2 million) These visas also extend to family members and domestic staff. Investors purchasing a full floor can avail a 2% discount and 1% rebate , further enhancing the financial appeal.

Location

Dubai Mall- 4km

About the Develoepr

DAMAC Properties is one of the most recognized luxury real estate developers in the UAE, known for its high-end residential, commercial, and leisure properties. With over two decades of experience, DAMAC has built a portfolio of projects that blend sophistication, innovation, and quality craftsmanship. The partnership with luxury jewelry brand de GRISOGONO for Canal Crown is another testament to DAMAC’s commitment to delivering iconic and trendsetting real estate developments across Dubai. DAMAC continues to shape the Dubai skyline with projects like DAMAC Hills, Akoya Oxygen, and now Canal Crown, all of which offer high ROI potential, strategic locations, and world-class amenities.