Canal Crown 2

Price on demand
Q1 2027
Delivery date
Damac Properties
Developer
Freehold
Ownership type
Apartment
Real estate type

Canal Crown 2

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Canal Crown Tower 2, Canal Crown, Business Bay, Dubai, UAE

About project

Start year
2023
Number of buildings
1
Delivery year
2027
Number of units
319
Total area
27542 m²
DLD number
2626

Description

Canal Crown 2, a waterfront living project brought to life by DAMAC and de GRISOGONO, is a unique blend of imagination and reality. Inspired by the precious peridot gems found in meteorites, this architectural marvel offers a stunning collection of studio, 1, 2, 3, and 4-bedroom apartments. With its strategic location in Dubai's thriving real estate market, Business Bay, Canal Crown 2 presents a lucrative investment opportunity for both local and international investors.

Architecture:

The architecture of Canal Crown 2 is inspired by the Greek word 'Chrysogonos', meaning 'begotten of gold'. Founded by black diamond specialist Fawaz Gruosi, the luxury brand de GRISOGONO merges traditional high jewellery aesthetics from the Genevan Renaissance with modern craftsmanship. The result is a building that stands as a testament to timeless elegance and evolving design.

Location:

Canal Crown 2 is located at the edge of the spectacular Dubai Canal in Business Bay, just moments away from other illustrious DAMAC projects like Canal Heights and Canal Heights 2. Known as the heart of new Dubai, Business Bay is surrounded by sought-after neighbourhoods, iconic landmarks such as the Burj Khalifa and Sheikh Zayed Road, and is a short drive away from City Walk and Jumeirah Beach.

Infrastructure:

Business Bay, the home of Canal Crown 2, boasts state-of-the-art infrastructures and world-class attractions. The buzzing business centre is moments away from iconic landmarks like the Museum of the Future and the stunning waterfront promenade, Dubai Canal. Moreover, the high rental yields offered by Dubai's real estate market make Canal Crown 2 a valuable addition to the city's landscape.

Features and amenities

AmenityRestaurants & Cafes
AmenitySwimming Pool
AmenitySPA
AmenityGym
AmenityPool Bar
AmenityKids Play Area

Price and sales dynamics for apartments

Protected with escrow account

Escrow account
28857671
After signing a contract with the developer, the buyer of an apartment in a building under construction transfers money to an escrow account in a bank, opened specifically for this project. The developer will only receive the money after the construction is completed. If this does not happen, the buyer gets their money back.
Escrow company logo

Construction progress

Updated: November 20, 2023
Readiness: 0.04%
project inspections
project inspections
project inspections
project inspections

Trakheesi system

DLD permit number
Trakheesi is a licensing and control system introduced by the Dubai Land Department (DLD) to regulate real estate activities in Dubai. A key element of the system is the mandatory "Trakheesi permit" required for the publication of any real estate advertisements, ensuring market transparency and consumer rights protection.

Prelaunch

Prelaunch - preliminary announcement of the project. At this stage, you can familiarize yourself with the characteristics of the project and book the opportunity to buy an apartment. That is, make a reservation for the object. If you do not have time to purchase the object, the reservation will be returned.
Price on demand
Delivery Date:
Q1 2027
Ownership type:
Freehold
Updated:
03/13/2025
Developer: Damac Properties
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