Canal Crown - Main View

Canal Crown

Business Bay

Starting from

AED 3.50M

Type

Apartments

Units

2 & more

Handover

Q4 2027

Size

Var.

Payment Plan

40.00% Upon Handover, 40.00% During construction, 20.00% On booking

Flexible payment plans available

World-Class Amenities

Aqua Exercise
Ufo Spa
Planets Inspired Garden
Swim Vr
Relaxation Pods
Podium Level

Floor Plans

2 Bedroom Layout

Var.
Bedrooms2
Bathrooms2

Layout Preview

mydubai.cloud

Property Brochure

Canal Crown

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Project Overview

Project general facts

Welcome to Canal Crown, a world beyond imagination brought to life through the creative collaboration of DAMAC Properties and de GRISOGONO, nestled in the vibrant heart of Business Bay, Dubai.

Canal Crown presents an awe-inspiring collection of studio, 1, 2, 3, and 4-bedroom apartments, each designed to draw inspiration from the captivating peridot gems, believed to have celestial origins. These residences are not just homes; they are a unique masterpiece of living that will transport you to new heights of luxury and sophistication.

Experience the unparalleled blend of artistry, innovation, and opulence that defines Canal Crown. It's more than a residence; it's a journey into a realm where luxury knows no bounds.

Finishing and materials

High quality materials

Kitchen and appliances

Kitchen is fully equipped by appliances branded Siemens

Furnishing 

No 

Location description and benefits 

Business Bay, Dubai, can be confusing due to its name. However, it’s not just office spaces and buildings. There are hotel towers, amazing restaurants and wonderful residential properties here as well. It is known to be a very stylish and up-to-date in the latest trends and gadgets kind of community. The life here is face-paced. Business Bay is on the south side of Downtown Dubai. This area usually hosts plenty of events to keep things lively. There are music festivals, Mother’s Day celebrations, New Year’s celebrations and many others as well. The lifestyle that Business Bay offers has many advantages.

Famous and international schools, medicals, supermarkets, banks and finance centers are a few minutes from your space. The place simply elevates your life standard and way of living with easy and intuitive options in the proximity. Come and seek refuge in this wonderful place full of potential elements of pleasures, success and fun.

Business Bay
Location

Business Bay

Discover the exceptional lifestyle at Business Bay. Located in a prime area of Dubai, this community offers a blend of luxury and convenience.

Explore Business Bay

Frequently Asked Questions

What is an off-plan property?+

An off-plan property is a property that is purchased before construction is complete. Buyers invest in the property during the development stage, often benefiting from lower prices and flexible payment plans.

What are the benefits of buying off-plan?+

Benefits include competitive pricing (typically 10-20% below market value), flexible payment plans during construction, potential for capital appreciation before completion, opportunity to customize finishes, and access to new developments in prime locations.

How does the payment plan work?+

Payment plans vary by developer but typically include: an initial booking deposit (5-20%), installments during construction (40-50%), and final payment on handover (30-40%). Some developers offer post-handover payment plans extending 1-3 years.

Can I get a mortgage for an off-plan property?+

Yes, most UAE banks offer mortgages for off-plan properties with up to 80% financing for UAE nationals and 75% for expats. The mortgage is typically activated upon project completion. Pre-approval is recommended before reserving a unit.

What happens if the project is delayed?+

Dubai's RERA (Real Estate Regulatory Agency) protects buyers through the Escrow Account system, ensuring funds are released to developers only as construction milestones are met. In case of significant delays, buyers may be entitled to compensation or refunds as per their sales agreement.

Is it safe to buy off-plan in Dubai?+

Dubai has robust regulations to protect off-plan buyers, including mandatory Escrow accounts, RERA registration, developer licensing requirements, and strict building codes. Always verify the developer's track record and ensure the project is registered with RERA before purchasing.

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