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About Canal Crown
Canal Crown is a DAMAC Properties residential tower overlooking the Dubai Canal in Business Bay.
Listed starting prices range widely, from about AED 1.12M to AED 3.5M; the 20/60/20 plan is the most cited structure.
Handover is cited between February and December 2027.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
Payment
Payment plan
80/20 — 20% on booking, 60% during construction, 20% on handover
At a glance
Canal Crown key facts
- Developer
- DAMAC Properties
- Community
- Business Bay
- Status
- Under construction
- Handover
- Q4 2027
- Starting price
- AED 2.1M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 80/20
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 2.1M. Amounts scale with the unit you choose.
At this price the purchase meets the AED 2M threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Canal Crown
- 01
Shortlist and reserve
Choose a unit type and view at Canal Crown and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
DAMAC Properties issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2027), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Dubai Canal frontage
- Central Business Bay address
What to weigh
- Starting price inconsistent across sources
- Handover date varies through 2027
FAQ
Canal Crown — frequently asked questions
What is the starting price of Canal Crown?
Published pricing at Canal Crown starts from AED 2.1M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Canal Crown?
Canal Crown is scheduled for handover in Q4 2027. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Canal Crown?
80/20 — 20% on booking, 60% during construction, 20% on handover
Who is the developer of Canal Crown?
Canal Crown is developed by DAMAC Properties in Business Bay, Dubai.
What unit types are available at Canal Crown?
Canal Crown offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Canal Crown located?
Canal Crown is in Business Bay, Dubai.
Can foreigners buy at Canal Crown?
Yes. Business Bay is a freehold area, so buyers of any nationality can own property at Canal Crown outright.
Does buying at Canal Crown qualify for the UAE Golden Visa?
Units at Canal Crown start at AED 2.1M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at Canal Crown?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 84K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Canal Crown?
MRK Real Estate advises on primary purchases and resales at Canal Crown. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with DAMAC Properties before any transaction.
