Canal Crown 2 in Business Bay, Dubai

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DAMAC Properties · Business Bay, Dubai

Starting price

AED 3,334,000

Enquire

Handover

December 2027

Status

active
DLD construction progress15%

About this project

Canal Crown 2 is an off-plan residential development by DAMAC Properties in Business Bay, Dubai. Prices start from AED 3,334,000. The current unit mix includes studios, 1-bedroom homes, 2-bedroom homes, 3-bedroom homes, 4-bedroom homes. Dubai Land Department data records construction progress at 15%. Expected handover is December 2027.

What buyers should know

Canal Crown 2 is located in Business Bay, Dubai and is developed by DAMAC Properties. Prices start from AED 3,334,000. Dubai Land Department data records construction progress at 15%.

Location

Canal Crown 2 is in Business Bay, Dubai. Browse the verified project facts, available home sizes, pricing and construction status before making an enquiry.

Amenities

Well-being and FitnessCCTV SecurityGymnasiumShared PoolSecurity

Payment plan

  • 20/60/20

Project brochures

Developer material with specifications, amenities and payment-plan details.

The official record

Registered with the Dubai Land Department — construction progress, escrow and sales history are the government's figures, not the developer's.

Construction progress15%Under construction
Escrow agentABU DHABI ISLAMIC BANKHolds buyer payments until handover
Developer licenceCurrentValid to 18 Jan 2027
Expected completion31 Mar 2027351 units registered
Registered sales
348
In the last 12 months
14
Median sold price
AED 2.32M
Median price per sqft
AED 2,875/sqft
Median size sold
840 sqft
First sale
27 Feb 2023
Latest sale
4 Jun 2026
Off-plan vs ready
347 / 1

What has sold here, by size

Every registered sale in Canal Crown 2, not a window — an individual project can trade rarely, and three sales over two years is better evidence than none.

SizeSalesMedian priceTypical rangePrice/sqftLatest
1 B/R1792.40MAED 2.26MAED 2.54MAED 2,816/sqft4 May 2026
Studio1151.30MAED 1.27MAED 1.38MAED 3,002/sqft4 Jun 2026
2 B/R473.73MAED 3.45MAED 4.06MAED 2,796/sqft25 Feb 2026
3 B/R65.74MAED 5.56MAED 5.81MAED 3,093/sqft4 Dec 2025
Unspecified1167.81MAED 167.81MAED 167.81MAED 3,691/sqft27 Feb 2023

Transactions at Canal Crown 2

348 sales recorded at this project in Dubai Land Department data, to Jul 2026.

View Dubai market trends
Median sale price
2.73M
Median price / sqft
AED 2,850/sqft 2.4% vs last year
Transactions
20

Median price / sqft by year

By bedrooms · last 12 months

1 B/R

10 sales

2.47M

Per sqft2,911

2 B/R

6 sales

3.59M

Per sqft2,545

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
Jun 4, 2026Studio370AED 1,024,0002,765Off-plan
May 4, 20261 B/R852AED 2,416,0002,834Off-plan
Apr 27, 20261 B/R845AED 2,193,1702,595Off-plan
Feb 25, 20262 B/R1,457AED 3,708,0002,545Off-plan
Jan 26, 20261 B/R849AED 2,517,0002,963Off-plan
Jan 26, 20261 B/R849AED 2,517,0002,966Off-plan
Jan 26, 20261 B/R849AED 2,542,0002,992Off-plan
Jan 12, 20261 B/R835AED 2,394,0002,865Off-plan
Dec 8, 2025Studio460AED 1,409,0003,063Off-plan
Dec 4, 20253 B/R1,989AED 5,824,2402,928Off-plan
Nov 10, 20252 B/R1,337AED 3,403,0002,546Off-plan
Oct 24, 20251 B/R966AED 2,982,7113,086Off-plan
Oct 16, 20252 B/R1,460AED 3,936,0002,696Off-plan
Sep 11, 20252 B/R1,457AED 3,481,7502,390Off-plan
Aug 13, 20251 B/R987AED 2,918,0002,956Off-plan
Aug 12, 20253 B/R2,033AED 6,335,0003,115Off-plan
Aug 6, 20251 B/R835AED 2,302,0002,756Off-plan
Jul 30, 20252 B/R1,311AED 3,905,3002,979Off-plan
Jul 22, 20251 B/R833AED 2,254,0002,706Off-plan
Jul 8, 20252 B/R1,336AED 3,360,0002,515Off-plan
Jun 10, 20252 B/R3,778AED 9,090,0002,406Off-plan
Jun 3, 20251 B/R840AED 2,290,0002,725Off-plan
May 21, 20251 B/R993AED 2,913,5702,935Off-plan
May 20, 20253 B/R1,795AED 5,511,5403,071Off-plan
May 15, 20252 B/R1,303AED 3,937,0003,021Off-plan
May 15, 20252 B/R1,335AED 3,346,0002,505Off-plan
May 15, 20251 B/R840AED 2,307,0002,746Off-plan
Apr 25, 2025Studio443AED 1,331,0003,002Off-plan
Apr 22, 20251 B/R905AED 2,621,0002,895Off-plan
Apr 2, 2025Studio230AED 702,0003,055Off-plan

Source: Dubai Land Department transaction records for this project. Figures are historical transacted prices — market context, not a valuation of any specific unit.

Price insights · Business Bay

Median sale prices from Dubai Land Department transactions over the last 12 months, to Jul 2026.

View Dubai market trends
All residential
1.80M

median sale price

Per sqftAED 2,577/sqft
Transactions9,424
Apartments
1.80M

median sale price

Per sqftAED 2,577/sqft
Transactions9,424

Source: Dubai Land Department open data. Area medians are market context for Business Bay, not a valuation of this specific project.