DAMAC Properties
Shoreline By Damac
Shoreline by Damac, Al Marjan Island, Ras Al Khaimah
From AED 1,830,000
- Payment plan70/30
- HandoverQ3 2028
- Units1–5 BR · Apartments, townhouses
- Home
- Off-plan projects
- Dubai
- Business Bay
- Canal Crown
Off-plan
Canal Crown
Canal Crown is an off-plan apartments, duplexes and townhouses development by DAMAC Properties in Business Bay, Dubai, with homes from AED 1,990,000 on an 80/20 payment plan and handover expected in Q2 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Starting from
AED 1,990,000
Overview
Apartments, townhouses and duplexes in Business Bay.
Canal Crown is a new premium residential addition by DAMAC Properties in the thriving area of Business Bay. Designed in collaboration with de GRISOGONO, the 2-tower complex of 38 storeys will be inspired by peridot, with elements of outer space. From floors 2 till 35, Canal Crown will house ‘luxury’ units, whilst the 36th and 37th floors will have ‘super-luxury’ properties.
The ‘luxury’ category includes studios and 1-2 bedroom apartments, whilst 3-4 bedroom duplexes are on sale in the ‘super-luxury’ segment. There will also be just one townhouse-duplex on the podium level. The size of properties ranges from 401 sq. ft to 4,761 sq. ft. DAMAC Properties additionally offers full floors of 7,630 sq. ft–13,946 sq. ft.
In terms of the layouts, each property will have a rounded balcony overlooking the Dubai Water Canal or the famous Burj Khalifa. At the same time, duplex owners will have a walk-in closet in the master bedroom, a maid’s room and a private swimming pool on their balcony.
Details
Key facts.
- Developer
- DAMAC Properties
- Area
- Canal Crown, Business Bay, Dubai
- City
- Dubai
- Starting price
- AED 1,990,000
- Status
- Off-plan
- Handover
- Q2 2027
- Property types
- Apartment, Duplex, Townhouse
- Unit types
- Studio – 4 BR · Apartments, townhouses, duplexes
- Payment plan
- 80/20
- Golden Visa
- Below AED 2M from-price
Gallery
Project photos.
Payment plan
80/20, paid in 3 steps.
80% before handover20% on handover
- 120%Down paymentOn booking
- 260%Construction instalmentsDuring construction
- 320%Handover paymentOn handover
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 398,000 |
| Construction instalments | 60% | 1,194,000 |
| Handover payment | 20% | 398,000 |
| Total | 100% | 1,990,000 |
*Worked example on the starting price of AED 1,990,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
Unit types & sizes.
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| Studio | 401 | 1,120,000 |
| Studio | 432 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 1 bedroom | 807 | |
| 1 bedroom | 811 | 1,990,000 |
| 1 bedroom | 829 | |
| 1 bedroom | 1001 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 2 bedrooms | 1307 | |
| 2 bedrooms | 1368 | |
| 2 bedrooms | 1399 | |
| 2 bedrooms | 1457 | 3,420,000 |
| 2 bedrooms | 1465 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 4591 |
| Unit type | Size (sq ft) |
|---|---|
| 4 bedrooms | |
| 4 bedrooms | 4761 |
Location
In Business Bay.
Investment
The numbers, worked out.
- Entry price
- AED 1,990,000
- Paid before handover
- AED 1,592,000 (80%)
- Due on handover
- AED 398,000 (20%)
- DLD registration (4%)
- AED 79,600 verify
- Golden Visa threshold
- From-price is below AED 2M
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer
About DAMAC Properties.
Developer and master developer of DAMAC Lagoons, with DAMAC Islands 2 in Dubailand.
- Projects on Sovereign
- 39
- Broker (Sovereign Realty) ORN
- 46342
Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Questions about this project.
What is the starting amount at Canal Crown?
Homes at Canal Crown start from AED 1,990,000 for studios. Availability and figures change with each release, so request the latest availability before you reserve.
What is the payment plan for Canal Crown?
DAMAC Properties offers an 80/20 payment plan: 80% during construction and 20% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
When is handover at Canal Crown?
Handover is expected in Q2 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
What fees sit on top of the payment plan at Canal Crown?
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
Does Canal Crown qualify for the UAE Golden Visa?
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Who is the developer of Canal Crown?
Canal Crown is developed by DAMAC Properties. See the developer page for their other projects in Dubai.
How do I get the floor plans and brochure for Canal Crown?
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Canal Crown.
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Questions about
this project?
Ask about availability, the payment plan or resale rules.