1-4BR
Bedroom Apartments
2,153,000 AED
Starting Price
2027 Q3
Handover
DESCRIPTION
Introducing Canal Crown, a premier residential masterpiece by DAMAC Properties, strategically located in the vibrant Business Bay. This new addition, crafted in collaboration with de GRISOGONO, comprises two towers soaring 38 storeys high, drawing inspiration from the captivating peridot gemstone and elements of outer space.
Elevating luxury living, Canal Crown’s meticulously designed towers encompass ‘luxury’ units from floors 2 to 35, while the 36th and 37th floors boast exclusive ‘super-luxury’ properties.
In the ‘luxury’ category, discover sophisticated studios and 1-2 bedroom apartments, while the ‘super-luxury’ segment offers opulent 3-4 bedroom duplexes. The podium level features a unique townhouse-duplex. Property sizes range from 820 sq. ft to an expansive 4,465 sq. ft. Additionally, DAMAC Properties presents full floors spanning 7,630 sq. ft to 13,946 sq. ft.
Enjoy stunning vistas from each property with rounded balconies overlooking the Dubai Water Canal or the iconic Burj Khalifa. For duplex owners, luxurious features include a walk-in closet in the master bedroom, a maid’s room, and a private swimming pool on the balcony.
Experience a lifestyle beyond compare with Canal Crown’s exceptional amenities, including the following:
-UFO
-Aquatic gym
-Swim VR
-Planet-inspired garden
-Rooftop observation deck
-Promenade with retail
-F&B venues
-Relaxation pod
Seize the opportunity to reside in the epitome of luxury at Canal Crown, where sophistication meets innovation in the heart of Business Bay.
Property Information
- Location Business Bay, Dubai, UAE
- Developer DAMAC
- Status of Project In progress
- Type of Project Residential Tower, Townhouses
- Available Units Studios-2BR Apartments, 3-4BR Duplexes, 2BR Townhouse-Duplex
- Area from 820 sq. ft.
- Payment Plan 80/20
Property Prices
As of May 2023, seize the opportunity to invest in premium real estate at Canal Crown, with the starting price for a 1-bedroom property at AED 2,153,000
(USD 586,217). Elevate your lifestyle with a duplex, available for a minimum of AED 16.05M (USD 4.37M), or opt for the pinnacle of luxury with a full floor at AED 21.08M (USD 5.7M) and above.
For those considering a move to Business Bay, Residence 110 by Select Group presents an enticing option. This project features ready-to-move-in 1–3 bedroom apartments and a penthouse studio, all boasting high-quality finishes.
(Note: The prices mentioned are valid for 2023.) Invest wisely in the flourishing real estate landscape of Business Bay, securing your place in these prestigious developments.
Location
Canal Crown, nestled alongside the picturesque Dubai Water Canal and Marasi Dr. Residents will enjoy seamless connectivity with direct access to Ras Al Khor Road, ensuring effortless commutes throughout Dubai. This strategic location grants swift access to coveted destinations, including Dubai Creek Harbour, Festival City, and Dubai International Airport, all within a 15-minute drive.
Benefit from the exceptional public transport infrastructure, with nearby bus stations such as Fairview Residency 1 and Clayton Residency 2, providing convenient commuting options.
Within walking distance, residents can access a range of essential facilities, including:
-West Zone Fresh Supermarket
-Creative Kids Early Learning Center
-LIFE Pharmacy — Life Mayfair
-Raihan Chinese Medicine Center.
For healthcare needs, prestigious medical establishments like Emirates Hospital Clinics – Business Bay and Aster Clinic Business Bay are within a 10-minute drive. Downtown Dubai, renowned for iconic attractions such as the Burj Khalifa, Dubai Mall, and Dubai Opera, is also easily reachable within the same timeframe.
Experience the unparalleled convenience of Canal Crown’s location, where every amenity and attraction is within reach. Elevate your living experience in the heart of Dubai’s thriving landscape.
Economic Appeal
Canal Crown, scheduled for completion in Q2 2027, offers an enticing investment opportunity with exclusive residency benefits. Invest in Canal Crown real estate and unlock eligibility for a 2 or 10-year visa, depending on the property’s value. The residency schemes are attractively priced at AED 750K (USD 204K) for a 2-year visa and a minimum of AED 2M (USD 545K) for a coveted 10-year Golden Visa.
Seize the opportunity to bring your spouse, children, and domestic staff to the UAE under these residency schemes. Additionally, enjoy exclusive perks like an Esaad card with offers across more than 7,000 brands in the UAE and 92 countries worldwide.
Investing in Canal Crown real estate proves to be a strategic commercial move, catering to both short and long-term rental markets. Leverage the high demand from business professionals seeking proximity to business facilities and the airport. The units also cater to tourists desiring a private residence close to city attractions and entertainment venues.
Property Finder reports a robust gross ROI of 5.8% for 1-bedroom apartments in Business Bay as of Q2 2023, with an initial rental cost of AED 58K (USD 16K) per annum. These promising indicators ensure a lucrative income and a rapid payback on your investment.
Take advantage of a 2% discount and a 1% rebate when acquiring a full floor. For more information, reach out to our knowledgeable agents. Secure your investment in Canal Crown today and capitalize on the potential for substantial returns.
(Note: The prices mentioned are valid for 2023.)
