DAMAC «Canal Crown 2 - Altitude de Grisogono»
Off-Plan

DAMAC «Canal Crown 2 - Altitude de Grisogono»

From AED 3.20M·Handover Mar 2028·15% down payment Payment
Scroll
AED 3.20M
Starting Price
Mar 2028
Handover
15% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

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.

Project Specifications
DeveloperDamac Properties
LocationBusiness Bay
Unit Types2 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 138,080 / year
Cash-on-Cash
2.2%
Levered cashflow AED 32,480
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 208,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DAMAC «Canal Crown 2 - Altitude de Grisogono» launch basis3,556AED 3.20MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 2
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 3
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 4
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 5
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 6
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 7
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 8
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 9
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 10
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 11
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 12
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 13
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 14
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 15
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 16
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 17
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 18
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 19
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 20
DAMAC «Canal Crown 2 - Altitude de Grisogono» — View 21
DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 1

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 2

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

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 4

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

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 6

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

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 8

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

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

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 10

DAMAC «Canal Crown 2 - Altitude de Grisogono» official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

Unlock Documents

Enter your details to access brochures, floor plans & payment schedules

Payment Structure

15% down payment

Flexible Payment

Contact us for detailed payment schedule and milestones

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

WhatsApp Us

Amenities & Lifestyle

Aqua Fitness
Bar
Beach Access
Beauty Salon
Dining outlets (coffee houses & restaurants)
Floating deck with sunbeds
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Pool Deck
Private pool
Recreational areas
Resting Areas
Retail outlets
SPA
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

DAMAC «Canal Crown 2 - Altitude de Grisogono» by Damac Properties

02

Located in Business Bay

03

Starting from AED 3,200,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for DAMAC «Canal Crown 2 - Altitude de Grisogono»

High-ticket buyer routing · Branded / luxury filtering · Serious capital only

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.

Send Buyer BriefRequest CallRequest Atlas-Guided Access
RERA Registered
Qualified Buyer Flow
Verified Listings

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

Get Private Shortlist + ROI on WhatsApp