
Canal Crown is a project by Damac Properties, developed in collaboration with De Grisogono. It features two basement levels, a ground level, three podium floors, 38 residential floors, and a rooftop. The complex offers studios, 1- to 4-bedroom apartments, a single two-bedroom townhouse on the podium, and exclusive 3- to 4-bedroom duplexes on the top floors. Residences provide panoramic views of the Dubai Canal and Burj Khalifa. The façade is crafted from premium light-toned materials, crowned with a radiant structure reflecting sunlight. Interiors feature gray and green marble with golden accents, enhancing the luxurious feel. Residents can enjoy the planetary garden, relaxation capsules, aqua-sport pools, virtual reality swimming, a futuristic spa, and an observation deck. The podium includes retail stores, restaurants, and an elegant lobby. The complex is near Al Khail Road, ensuring easy access across the city. Burj Khalifa and Dubai Mall are 10 minutes away, Dubai Marina and Marina Mall around 20, while Dubai International Airport is a 15-minute drive.
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» launch basis | 1,589 | AED 1.43M | 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» official render 1

DAMAC «Canal Crown» official render 2

DAMAC «Canal Crown» official render 3

DAMAC «Canal Crown» official render 4

DAMAC «Canal Crown» official render 5

DAMAC «Canal Crown» official render 6

DAMAC «Canal Crown» official render 7

DAMAC «Canal Crown» official render 8

DAMAC «Canal Crown» official render 9

DAMAC «Canal Crown» official render 10
Astraterra Properties
Download official marketing materials from Damac Properties.
Contact us for detailed payment schedule and milestones
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Business Bay
DAMAC «Canal Crown» by Damac Properties
Located in Business Bay
Starting from AED 1,430,000
Unit mix includes Studio, 2 BR, Apartments
Expected handover: Dec 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Register Your Interest