Property for sale in
CANAL CROWN APARTMENTS
About CANAL CROWN APARTMENTS
ShareLocation
Developer
Property status
New project
Type of property
Development
Project ID
33182
Distance to the sea
8500 m
Payment plan
20/80
ShareCanal Crown by Damac Properties Development
Canal Crown in the UAE is a new premium project in Business Bay by Damac Properties. The complex on the bank of the Dubai Canal comprises 2 high-rise towers, each with a ground floor and an opulent lobby; 2 basement levels; 3 podium levels; 38 residential floors, and an additional rooftop level.
The futuristic-looking skyscrapers are inspired by the space and peridot gems. Buyers can choose a studio, a 1- or 2-bedroom apartment, or a 2- to 4-bedroom duplex for sale in Canal Crown. The floor areas of residences designed by the jewellery brand de Grisogono ranges from 37 to 442 m². The starting property cost in Canal Crown is AED 1.12 million (USD 305,000).
Canal Crown location
Canal Crown by Damac Properties Development will emerge in Business Bay, on the bank of the Dubai Canal, near emirate’s major business centers, signature landmarks, and entertainment venues.
Supermarkets, children’s centers, pharmacies, hospitals, cafés, bars, restaurants, a waterfront, and the Marasi Boardwalk yacht club are within walking distance.
Nearby are Marasi Drive, Ras Al Khor Road, and Al Khail Road that can quickly take residents to other parts of the city.
- The central Downtown Dubai with the world’s tallest Burj Khalifa, the immense Dubai Mall, musical fountains, and the Dubai Opera is a 10-minute drive away.
- DIFC, a financial hub with headquarters of global corporations, is 12 minutes away.
- The Ras Al Khor Wildlife Sanctuary with a population of pink flamingos is in 15 minutes by car.
- The resort communities of Dubai Marina and Palm Jumeirah with best beaches and water entertainments are a 20-minute drive away from duplexes in Canal Crown.
A drive to the Dubai International Airport (DXB) takes about 20 minutes.
Property in Canal Crown for investments
Launched recently, Canal Crown is a project in progress, which makes it a lucrative investment opportunity, as premium residences are now available at bargain prices. You can purchase custom-designed apartments in Canal Crown and resell them at a profit of up to 30% once the construction is completed. Moreover, asset value continues to grow even after the commissioning. Business Bay is an attractive location with liquid real estate. Last year alone, homes in this business community became 29% more expensive, which is almost double the Dubai average. Ultra-premium properties are particularly popular, so they are a great investment.
Another lucrative option is buying off-plan apartments for sale at Canal Crown and leasing them out. The average return on studios in a prestigious business district exceeds 6.7% per annum. 1- and 2-bedroom apartments generate around 5.5–5.7% per year.
Project details
Close to the bus stop
Close to shopping malls
Close to the city centre
Close to schools
Close to the kindergarten
Prestigious district
Great location
Close to a river or promenade
Pond nearby
City view
Panoramic view
Street view
River view
Beautiful view
Panoramic windows
Panoramic glazing
Balcony
Terrace
Air Conditioners
Finished
Ready to move in
Good quality
New project
Tap water
Electricity
Driveway to the land plot
Child-friendly
Cafe
Conference hall
Cinema
Recreation area
SPA centre
Fitness room
Pilates and yoga room
Elevator
Covered parking
CCTV
Security
Children's playground
Landscaped garden
Landscaped green area
Transport accessibility
Social and commercial facilities
Pool bar
Car park
Concierge
Promenade with amenities
Garden
Footpaths
Garden
Benches
Swimming pool
Common area with pool
Running track
Sports ground
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Payment plan
Payment number
Phase
Payment (%)
1st Instalment20%
Immediate
20%
2nd Instalment5%
Within 3 Month(s) Of Sale Date
5%
3rd Instalment5%
Within 6 Month(s) Of Sale Date
5%
4th Instalment5%
Within 9 Month(s) Of Sale Date
5%
5th Instalment5%
Within 12 Month(s) Of Sale Date
5%
6th Instalment4%
Within 15 Month(s) Of Sale Date
4%
7th Instalment4%
Within 18 Month(s) Of Sale Date
4%
8th Instalment4%
Within 21 Month(s) Of Sale Date
4%
9th Instalment4%
Within 24 Month(s) Of Sale Date
4%
10th Instalment3%
Within 27 Month(s) Of Sale Date
3%
11th Instalment3%
Within 30 Month(s) Of Sale Date
3%
12th Instalment3%
Within 33 Month(s) Of Sale Date
3%
13th Instalment3%
Within 36 Month(s) Of Sale Date
3%
14th Instalment4%
Within 39 Month(s) Of Sale Date
4%
15th Instalment4%
Within 42 Month(s) Of Sale Date
4%
16th Instalment4%
Within 45 Month(s) Of Sale Date
4%
17th Instalment20%
On completion
20%
Benefits of buying property in Canal Crown Apartments
Apartments in Canal Crown
There are no penthouses in Canal Crown, but the following deluxe residences with various numbers of bedrooms and floor areas are available:
- Studios with a floor area of 37 to 41 m²;
- 1- and 2-bedroom apartments with a floor area of 75 to 137 m²;
- 2-bedroom duplexes with a floor area of 368 m²;
- Ultra-luxury 3- and 4-bedroom duplexes with a floor area of 426 to 442 m².
The layouts of studios at Canal Crown include a shared bedroom/living room area, a bathroom, and a large rounded balcony with a recreation area. In more spacious residences, the bedroom is separated from the living room, and there is an additional guest restroom. A duplex for sale in Canal Crown features a maid’s room and a dressing room by the master bedroom, while ultra-luxury homes boast spacious terraces with a private pool and a lounge area.
The interiors of premium Canal Crown apartments for sale were designed by de Grisogono using golden-colored metal and marble. The panoramic windows offer staggering views of the Dubai Canal, the Dubai Creek, and the Burj Khalifa tower.
Privileges of Canal Crown
As in many off-plan projects, in Canal Crown, numerous amenities and benefits are available to residents. The prime location in the heart of Dubai’s business and cultural life, the spacious balconies and terraces, the incredible views of the creek waters, and the signature design by the famous jewellery brand make this project a wonderful option for relocation, vacation, and investment.
The complex offers the following amenities on the premises:
- A unique space-themed garden with models of planets;
- Space pods for relaxation;
- An infinity pool;
- Underwater exercise machines and a swimming pool with VR glasses;
- A space-themed spa center;
- A gym;
- An observation deck;
- A barbecue area;
- Podium-level shops and cafes;
- An opulent designer lobby with a concierge desk and a lounge area;
- Areas for children’s leisure.
Contact via WhatsApp
Don't miss the opportunity to be part of this new story and enjoy the true luxury of living in a state-of-art home by a world-renowned developer Damac Properties
Location
Dubai Mall
4.5 km
School
2 km
ATM machine
700 m
Burj Khalifa
5 km
Pharmacy
400 m
Airport
15.5 km
Infinity des Lumières
9.9 km
Sea
8.5 km
Business Bay
Business Bay is one of the most developed and sought-after areas of Dubai. The very name of the community speaks of its main purpose: the business sphere plays a key role here. However, investments in Dubai real estate for permanent residence or rental are also in high demand. The community harmoniously combines both commercial and residential real estate.
FAQ
Who is building Canal Crown in Dubai?
The complex is being built by the famous Damac Properties.
What part of the city is the complex located in?
The project is located in Business Bay, on the bank of the Dubai Canal.
What property types does the project comprise?
Studios, 1- and 2-bedroom apartments, and 2-, 3-, and 4-bedroom duplexes are available for purchase, but there are no penthouses for sale in Canal Crown.
When will off-plan duplexes in Canal Crown be move-in-ready?
The construction completion is scheduled for June 2027.
Are instalment plans available for real estate in Canal Crown?
Buyers are entitled to an 80/20 payment plan, according to which the down payment is 20%, another 60% is paid during the construction, and the remaining 20% upon handover.
What is the property price in Canal Crown?
A studio costs upwards of AED 1.12 million (USD 305,000). 1- and 2-bedroom apartments sell for AED 1.99 million and AED 3.42 million (USD 542,000 and USD 931,000), respectively. Please request information about the price of duplexes from our team, but no off-plan penthouses in Canal Crown are currently available.
Can you become a UAE resident by purchasing apartments in Canal Crown?
Yes, a foreigner can apply for a residency visa after closing the deal.
What visa type can a foreign citizen get upon investing in the new complex?
The type and validity term of a residence visa depend on the value of the purchased residence. For instance, owners of duplexes in this project are eligible for a 5-year Golden Visa.
Can a foreigner buy property in Canal Crown?
Foreign citizens may purchase properties in the new complex because it is located in a freehold area.
Does it make sense to buy an apartment in Canal Crown for investment?
Investing in local residences is a smart choice, as the project is located in the prestigious Business Bay, and the developer has earned an impeccable reputation, so a premium home here is a reliable, safe, and high-yield investment. However, no penthouses in Canal Crown for investment are on sale.
What will be the standard of living in Canal Crown at Business Bay?
Residents will enjoy the unique design and a wide range of amenities at Canal Crown. In Canal Crown, a spa center, space pods for relaxation, various lounge areas, and cafés will be available on the premises to create an ambiance of luxurious and comfortable living in the heart of Dubai.
What are the benefits of living in Business Bay?
The proximity to Downtown Dubai with its iconic landmarks and incredible facilities, the water canal nearby, and the sprawling green Safa Park make this district one of the most attractive places for living in Dubai. Entrepreneurs will particularly appreciate the numerous offices and business centers in the neighborhood.
Developer
15
Objects completed
40
Objects in work
2002
Founded in
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way.
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