
Canal Crown 2 - Altitude de Grisogono is a luxury development by Damac, located along the Dubai Canal waterfront in Business Bay. The building consists of three basement levels, a ground level, three podium floors, 35 residential floors, and a rooftop. Its architecture and design are created in collaboration with the renowned jewelry brand de GRISOGONO. The tower rises high above the city, crowned with a gleaming structure that reflects sunlight. The project offers studios, 1- to 3-bedroom apartments, and 2-bedroom duplexes, all with panoramic views of the Dubai Canal and Burj Khalifa. The complex provides exclusive leisure and entertainment facilities. Residents can enjoy glowing spheres, a unique planetary garden, a beauty bar, an infinity pool with solar-powered loungers, and innovative floating spa capsules that create an atmosphere of relaxation and luxury. The project boasts a prime location near major social and entertainment hubs. Within a 10-minute drive, residents can access fine dining restaurants, educational and medical institutions, as well as Dubai Mall and Burj Khalifa. Dubai Marina and Palm Jumeirah are approximately 25 minutes away by car.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| DAMAC «Canal Crown 2 - Altitude de Grisogono» launch basis | 3,556 | AED 3.20M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |





















DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 1

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 2

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 3

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 4

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 5

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 6

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 7

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 8

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 9

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 10
Astraterra Properties
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Business Bay
DAMAC «Canal Crown 2 - Altitude de Grisogono» by Damac Properties
Located in Business Bay
Starting from AED 3,200,000
Unit mix includes 2 BR, Apartments
Expected handover: Mar 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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