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Canal Crown 2

DAMAC · Business Bay · 351 homes · Under construction

A DAMAC project under construction in Business Bay: 351 homes, 33% built, with completion promised for Q1 2027 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 2,850 per sqft, 1% below the launch quarter.

Updated 27 Oct 2026
Due Q1 202733% built, as reported to the register
351 homesStudios, 1, 2 and 3 bedrooms
Business BayDubai Land Department project 2626

Prices. Quarter by quarter since launch.

Launch quarter, Q1 2024AED 2,865/sqft
Median paid, Q2 2025AED 2,915/sqft
Sales, Jul 2025 to Jun 202620
Median paidLatest quarterLaunch quarter AED 2,865
2,800Q1 24: AED 2,865/sqft, 99 salesQ2 24: AED 2,850/sqft, 128 salesQ3 24: AED 2,716/sqft, 13 salesQ4 24: AED 2,959/sqft, 58 salesQ1 25: AED 2,921/sqft, 19 salesQ2 25: AED 2,915/sqft, 10 salesQ1 24Q2 24Q3 24Q4 24Q1 25Q2 25
Every quarter as a table
QuarterMedian AED/sqftSales
Q1 20242,86599
Q2 20242,850128
Q3 20242,71613
Q4 20242,95958
Q1 20252,92119
Q2 20252,91510

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ1 202733% builtunder constructionPrice / sqftAED 2,865AED 2,8501% under launch, off-plan median
Against the area. Median paid.
Canal Crown 22,850

10% over the Business Bay median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Canal Crown 2 be completed?

The register declares completion for Q1 2027, and the project is reported 33% built. DAMAC's completed Dubai projects typically finished 2 quarters late.

What do homes in Canal Crown 2 sell for?

From Jul 2025 to Jun 2026, 20 homes sold on the register at a median of AED 2,850 per sqft and AED 2.73M per home. By unit type: 1 BR AED 2.47M (10 sales), 2 BR AED 3.6M (6 sales). These are registered deeds, not the developer's price list.

Who built Canal Crown 2?

DAMAC. The project is registered to DAMAC on the Dubai Land Department register, which lists 260 projects for the developer in Dubai, 120 of them under construction. 24 of its 67 dated handovers came within 3 months of the promised date.

How many homes are in Canal Crown 2?

351, as counted on the Dubai Land Department register. The declared mix: 113 studios, 176 1 BR, 53 2 BR, 6 3 BR.

More in Business Bay. 134 projects.

Promised Q4 2026Binghatti SkyriseAED 2,851/sqft paid3,358 homes · buildingPromised Q4 2026Binghatti AquariseAED 2,645/sqft paid1,592 homes · buildingPromised Q3 2026Binghatti SkyhallAED 2,660/sqft paid728 homes · buildingPromised Q4 2030Downtown ResidencesAED 2,761/sqft paid524 homes · buildingPromised Q4 2026Al Habtoor TowerAED 2,769/sqft paid1,739 homes · buildingPromised Q4 2029Bayz 102 By DanubeAED 3,086/sqft paid1,088 homes · buildingUnder constructionTiger Sky TowerAED 2,479/sqft paid849 homes · buildingPromised Q2 2026One By BinghattiAED 3,018/sqft paid755 homes · building

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