DAMAC «Canal Crown»
Project Overview
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.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Official Documents
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Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
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
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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