Canal Crown by DAMAC Properties, developer's renderOff-plan · Freehold
Business Bay · Dubai

Canal Crown

by DAMAC Properties · handover Q4 2027

AED 3.5Mstarting price today
AED 2,833registered per sq ft
20sales in 12 months
327units
Q4 2027Planned handover
DAMAC PropertiesDeveloper
327Units registered
18.2% builtConstruction
FreeholdOwnership
2625DLD project number
About the project

Canal Crown, in plain numbers.

Canal Crown is an off-plan residential project by DAMAC Properties in Business Bay, Dubai. It is registered with the Dubai Land Department as project 2625, a the project consists of 2b+g+3p+37f+2mech+r+ur residential building with retail outlets located in business bay. the project designed to have a concrete structure and block with internal and external scheme, with works dated from August 2023 and 18.2% built at the last inspection. Handover is planned for Q4 2027. 327 units are registered, mostly one-bedroom homes of about 861 sq ft and Studio homes of about 441 sq ft. The register shows 343 sales since October 2025, 20 of them in the last twelve months, at a median of AED 2,833 per sq ft.

Our view
  • 36% above ready resales in Business Bay per sq ft
  • 20 registered sales in 12 months
  • Keys in 2027

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Canal Crown.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
Studio88441 sq ft10AED 1,113,0002,527
1 bedroom166861 sq ft45AED 2,480,0002,785
2 bedrooms661,475 sq ft33AED 3,846,0002,765
3 bedrooms41,873 sq ft———

Matched to the Land Department project Canal Crown (project no. 2625).

Payment plan

How you pay.

The developer's payment plan is in the brochure pack.

Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.

Send me the payment plan
From the Land Department register

What Canal Crown actually sells for.

Registered sale prices, not the developer's list prices.

AED 2,833median per sq ft, last 12 months
20sales registered in 12 months
343sales registered in total, since October 2025
+36%against ready homes in Business Bay (AED 2,083 per sq ft)
2,5002,6002,7002,8002,9003,0003,100 2024 Q4: AED 2,824 per sq ft, 9 sales2025 Q1: AED 2,702 per sq ft, 13 sales2025 Q2: AED 2,779 per sq ft, 34 sales2025 Q3: AED 2,770 per sq ft, 13 sales2025 Q4: AED 2,899 per sq ft, 7 sales2026 Q1: AED 2,686 per sq ft, 7 sales2026 Q2: AED 2,798 per sq ft, 5 sales2026 Q3: AED 2,785 per sq ft, 1 sale Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 91334137751 sales
2,5002,6002,7002,8002,9003,0003,100 2024 Q4: AED 2,824 per sq ft, 9 sales2025 Q1: AED 2,702 per sq ft, 13 sales2025 Q2: AED 2,779 per sq ft, 34 sales2025 Q3: AED 2,770 per sq ft, 13 sales2025 Q4: AED 2,899 per sq ft, 7 sales2026 Q1: AED 2,686 per sq ft, 7 sales2026 Q2: AED 2,798 per sq ft, 5 sales2026 Q3: AED 2,785 per sq ft, 1 sale Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 91334137751 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
11 Sept 20261 B/R857AED 2,388,0002,785Off-plan
22 Apr 20262 B/R1,311AED 3,534,0002,696Off-plan
20 Apr 2026Studio435AED 1,126,0002,591Off-plan
16 Apr 20263 B/R2,014AED 6,410,2503,183Off-plan
14 Apr 2026Studio427AED 1,194,0002,798Off-plan
7 Apr 20262 B/R1,461AED 4,255,0002,913Off-plan
26 Mar 20262 B/R1,300AED 3,490,0002,686Off-plan
25 Feb 20262 B/R1,312AED 3,524,0002,685Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Business Bay, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Canal Crown handed over?

The developer plans handover for Q4 2027; the Land Department recorded the project at 18.2% built. Launch dates can move, and we track the registered progress for you.

Who is the developer of Canal Crown?

DAMAC Properties (registered as Galaxy Sky Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 2625.

What is the payment plan for Canal Crown?

The developer shares the current plan with the price list; message us and we send both, usually the same day.

What is the price per square foot in Canal Crown?

Registered sales over the last 12 months have a median of AED 2,833 per sq ft, against about AED 2,083 for ready homes in Business Bay.

Can foreigners buy in Canal Crown?

Yes. Canal Crown is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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From AED 3.5MDAMAC Properties · Q4 2027