Developer Deal
Akoya Genus Villas
DAMAC PropertiesFrom
AED 2,900,000
Handover
Q4 2021
Payment Plan
100/0
Down Payment
100%
Back to Developer DealsDeveloperDAMAC PropertiesView developer profile
Canal Crown
Canal Crown, Business Bay, Dubai, UAE
DeveloperDAMAC PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q2 2027
Post Handover
—
About Canal Crown
DAMAC Canal Crown by de GRISOGONO is a twin-tower branded development on the Dubai Water Canal in Business Bay. Sculptural towers with rounded, greenery-filled balconies house furnished studios, 1–2 bedroom apartments, duplexes and super-luxury 3–4 bedroom penthouses. A space-inspired world unfolds through a planet garden, UFO Spa, Swim VR and a rooftop observatory framing Burj Khalifa, the canal …
Project documents
Brochures
Not available yet
Payment schedule
Payment Plan 1050
- Deposit
- 20%
- During construction
- 60%
- On handover
- 20%
Market Intelligence
Completed transactions in Canal Crown
Median sale price/sqft
AED 2,740/sqft-6.3%
Median sale price
AED 2,294,000
Median price/sqft over time
Jan 24Range AED 2,608 – AED 3,073Oct 24
Transaction activity
LiquidityStrongPrice momentumFalling
113 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-11-29 | Canal Crown Tower 1 | 2 | 1,480 sqft | AED 4,315,000 | 2,915 |
| 2024-11-21 | Canal Crown Tower 1 | Studio | 438 sqft | AED 1,407,000 | 3,211 |
| 2024-10-31 | Canal Crown Tower 1 | 1 | 912 sqft | AED 2,559,000 | 2,806 |
| 2024-10-31 | Canal Crown Tower 1 | 1 | 794 sqft | AED 1,640,000 | 2,065 |
| 2024-10-09 | Canal Crown Tower 1 | 2 | 1,449 sqft | AED 4,217,000 | 2,910 |
| 2024-10-08 | Canal Crown Tower 1 | 2 | 1,521 sqft | AED 4,419,320 | 2,905 |
Completed transactions in Business Bay
Median sale price/sqft
AED 2,578/sqft+13.9%
Median sale price
AED 1,754,681
Gross rental yield
5.8%
Median annual rent
AED 101,538
Median price/sqft over time
Jul 25Range AED 2,059 – AED 2,723Jul 26
Community activity
LiquidityStrongPrice momentumRising
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Off-plan 68.3%Ready 31.7%
Primary vs resale
Primary 68.3%Resale 31.7%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Canal Crown
Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Canal Crown
- What is the handover date for Canal Crown?
- Canal Crown is scheduled for handover in Q2 2027.
- What is the starting price of Canal Crown?
- Prices start from AED 1,120,000. Contact our team for current availability.
- Who is the developer of Canal Crown?
- Canal Crown is being developed by DAMAC Properties.
- Where is Canal Crown located?
- Canal Crown is located in Canal Crown, Business Bay, Dubai, UAE.