Canal Crown 2 - Altitude de Grisogono by DAMAC Properties — Luxury Waterfront Residences in Business Bay

Project Details

• Developer: DAMAC Properties

• Project Name: Canal Crown 2 - Altitude de Grisogono

• Location: Business Bay, Dubai Canal waterfront, Dubai, United Arab Emirates

• Type: Luxury residential tower with branded interior collaboration (de GRISOGONO)

• Building Configuration: 3 Basement + Ground + 3 Podium + 35 Residential Floors + Rooftop (typical configuration for the development)

• Unit Types: Studios, 1- to 3-bedroom apartments, 2-bedroom duplexes, select larger signature units and penthouses

• Size Range: From approximately 1,335.91 ft² up to 4,242.38 ft² for larger units (indicative range for premium layouts)

• Price Range: From AED 3,200,000 to AED 10,233,000 (indicative)

• Price per ft²: Approx. AED 2,395.21 to AED 3,115.20 (indicative)

• Service Charge: Approx. AED 22.00 per ft² (subject to final management schedule)

• Furnishing: Semi-furnished with kitchen appliances (typical offering)

• Ownership: Freehold (suitable for UAE residents and international investors)

• Handover / Status: Scheduled handover (refer to developer for exact timeline; historically indicated Q1/2028 for similar phases)

• Type of Ownership: Freehold

• Resale Allowed After: Typically market rules apply; illustrative figure 40% resale threshold for certain payment plans

Detailed Overview of the Project

Canal Crown 2 - Altitude de Grisogono is a signature luxury residential offering by DAMAC Properties set along the scenic Dubai Canal in Business Bay. The development blends high-end residential living with the distinctive aesthetics of the de GRISOGONO collaboration. Canal Crown 2 - Altitude de Grisogono presents an elevated lifestyle proposition: premium apartments, breathtaking waterfront and skyline views, and a curated set of leisure and hospitality features designed to position the building as a landmark residence in Business Bay.

The project’s architecture celebrates modern luxury while incorporating bespoke design elements inspired by de GRISOGONO’s jewelry and design language. Canal Crown 2 - Altitude de Grisogono targets buyers seeking an ultra-luxury residence with strong investment fundamentals and an internationally recognisable design partnership. Its location on the Dubai Canal places residents within easy reach of Downtown Dubai, major business nodes, Dubai Marina and the city’s primary leisure corridors.

Canal Crown 2 - Altitude de Grisogono is created with a mix of private living spaces and shared exclusive amenities, allowing residents to enjoy privacy without sacrificing social and recreational conveniences. The project’s branded nature and waterfront setting enhance both lifestyle value and long-term capital potential.

Property Information

Canal Crown 2 - Altitude de Grisogono units are designed with attention to detail, high-quality materials and practical layouts:

• Layout Variety: Studio to 3-bedroom apartments, plus 2-bedroom duplexes and exclusive multi-room signature units.

• Finishes: Semi-furnished units with premium kitchen appliances, branded fixtures and contemporary interior palettes.

• Views: Panoramic waterfront vistas over the Dubai Canal and skyline views toward Burj Khalifa and Downtown Dubai.

• Security & Management: Full concierge, 24/7 security, CCTV and professional building management for long-term upkeep.

• Amenities Access: Residents benefit from an array of leisure and wellness facilities including pools, spas and landscaped podiums.

• Parking & Services: Secure basement parking, valet services, and dedicated service staff for the branded development.

• Investment Suitability: Freehold ownership, strong rental demand in Business Bay, and premium positioning for both expatriate tenants and high-net-worth owners.

Detailed Description

Canal Crown 2 - Altitude de Grisogono is conceived as a refined residence that merges contemporary urban living with lavish, brand-led design. The building’s façade and rooftop crown create a striking silhouette on the Dubai Canal skyline, while interiors showcase thoughtful spatial planning, high ceilings and natural light through floor-to-ceiling glazing. Each residence in Canal Crown 2 - Altitude de Grisogono is crafted to maximise comfort and functionality, with living rooms that flow into open kitchens and private bedrooms that prioritise tranquillity and privacy.

De GRISOGONO’s design influence is evident in select finishes, signature motifs and curated public spaces that reflect a jewel-inspired sensibility—rich textures, elegant materials and subtle luxury details. Residents of Canal Crown 2 - Altitude de Grisogono will experience a lifestyle that marries artistic design with practical city living: waterfront promenades for morning walks, landscaped gardens for quiet moments, water features for aesthetic appeal and a rooftop experience that elevates the social life of the tower.

Whether used as a primary residence, holiday home, or investment asset, Canal Crown 2 - Altitude de Grisogono offers a rare combination of branded luxury, functional layouts and a strategic location that supports both lifestyle and financial goals. The serviced-style lifestyle, paired with DAMAC’s delivery capabilities, provides confidence in asset maintenance and marketability.

Payment Plans

Canal Crown 2 - Altitude de Grisogono typically offers flexible payment options tailored to buyer needs. Common structures include:

• Payment Plan A (No Post-Handover):

  • 20% + 4% DLD + AED 1,000 Oqood on booking

  • 12% (3% quarterly) during first 3–12 months from booking

  • 24% (6% quarterly) during 15–24 months from booking

  • 4% within 27 months from booking

  • 40% on handover

• Payment Plan B (No Post-Handover, Alternative Structure):

  • 20% + 4% DLD + AED 1,000 Oqood on booking

  • 10% (1% per month) from 3–12 months from booking

  • 30% (2% per month) from 13–27 months from booking

  • 40% on handover

Buyers considering Canal Crown 2 - Altitude de Grisogono should confirm current payment plans and any promotional offers directly with the developer or authorised agents. Payment schedule options may vary by unit and sales phase.

Economic Appeal

The economic appeal of Canal Crown 2 - Altitude de Grisogono stems from its prime Business Bay waterfront location, luxury brand collaboration and a strong fit for both high-end renters and buyers. Business Bay is a major commercial and residential hub; properties here benefit from proximity to Downtown Dubai, ease of access to major roads, and high demand from professionals and international tenants. The Canal Crown 2 - Altitude de Grisogono offering is positioned to command premium rents and attract investors seeking capital appreciation due to the scarcity of branded waterfront products.

Branded projects like Canal Crown 2 - Altitude de Grisogono typically outperform generic stock in rental rates, occupancy stability and resale desirability because buyers pay a premium for design collaboration, lifestyle features and professional management. For investors, Canal Crown 2 - Altitude de Grisogono offers an attractive balance between yield potential and capital growth, supported by Dubai’s robust tourism and business inflow.

Nearby Attractions and Distances

• Dubai Canal Promenade: Waterfront promenade at the doorstep for jogging, dining and leisure.

• Downtown Dubai & Burj Khalifa: Short drive or quick metro connection; skyline views visible from many units.

• Dubai Opera & Dubai Mall: Within a brief drive, connecting residents to retail, culture and entertainment.

• Business Districts: Direct access to Business Bay commercial nodes and proximity to Sheikh Zayed Road for wider city connectivity.

• Dubai Marina & Jumeirah Beach Residences: Approximately 20–30 minutes by car depending on traffic.

• Dubai International Airport: Around 15–25 minutes by car, subject to route and traffic conditions.

Distances are approximate and may vary with traffic; the Canal Crown 2 - Altitude de Grisogono location offers strategic centrality for both leisure and business activities.

Amenities and Facilities

Signature Reception & Concierge

A grand branded lobby and 24/7 concierge service create a welcoming experience for residents and guests, ensuring effortless hospitality and high service standards.

Infinity Pool & Sun Decks

A landscaped podium and infinity pool area provide serene leisure spaces overlooking the canal. Sun decks and lounging areas encourage relaxation and socialising.

Spa & Wellness Centre

Dedicated spa facilities featuring treatment rooms, steam and sauna areas, and wellness programmes deliver holistic relaxation for residents who prioritise health and wellbeing.

Fitness Centre & Personal Training Studio

A fully equipped gym and personal training studio cater to diverse fitness needs, offering modern equipment and tailored fitness services.

Planetary Garden & Signature Outdoor Spaces

Unique landscaped gardens and curated outdoor spaces—such as the distinctive planetary garden concept—offer scenic, contemplative environments for residents to enjoy.

Beauty Bar & Personal Care Services

On-site beauty and grooming facilities provide convenience and upscale personal care options in a private setting for residents.

Rooftop Lounge & Observation Deck

A rooftop crown and observation deck create a landmark social space with panoramic city and waterfront views, ideal for events and exclusive gatherings.

Children’s Play Area & Family Amenities

Safety-oriented children’s play zones and family areas ensure the development is family friendly, with spaces designed for younger residents.

Security, Parking & Smart Systems

Covered parking, valet services, 24/7 security, CCTV surveillance and smart home integration deliver safety and convenience consistent with a luxury branded property.

About the Developer

DAMAC Properties is a prominent luxury real estate developer known for high-quality residential, commercial and hospitality projects across the UAE and region. With a portfolio of branded collaborations and innovative developments, DAMAC has established a reputation for delivering distinctively styled and amenity-rich projects. Canal Crown 2 - Altitude de Grisogono reflects DAMAC’s strategy of pairing luxury real estate with high-profile lifestyle brands and design partners to create differentiated, high-value properties for discerning buyers and investors.

FAQs

1. What is Canal Crown 2 - Altitude de Grisogono?
   Canal Crown 2 - Altitude de Grisogono is a luxury waterfront residential tower by DAMAC Properties in Business Bay with a design collaboration with de GRISOGONO.

2. Who is the developer of Canal Crown 2 - Altitude de Grisogono?
   The developer is DAMAC Properties.

3. What types of units are available in Canal Crown 2 - Altitude de Grisogono?
   The development includes studios, 1- to 3-bedroom apartments, 2-bedroom duplexes and premium larger units.

4. Is Canal Crown 2 - Altitude de Grisogono freehold?
   Yes, the project offers freehold ownership suitable for both local and international buyers.

5. What amenities does Canal Crown 2 - Altitude de Grisogono provide?
   Amenities include concierge, infinity pool, spa, gym, rooftop lounge, planetary garden, beauty bar, children’s play areas, secure parking and smart systems.

6. What are the indicative prices for Canal Crown 2 - Altitude de Grisogono?
   Indicative prices range from AED 3,200,000 to AED 10,233,000 depending on unit type and size.

7. Are payment plans available for Canal Crown 2 - Altitude de Grisogono?
   Yes, structured payment plans are typically available; common plans require staged payments up to handover.

8. How does Canal Crown 2 - Altitude de Grisogono compare as an investment?
   Its branded luxury positioning, waterfront location and Business Bay address make Canal Crown 2 - Altitude de Grisogono attractive for both rental income and capital appreciation.