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Canal Crown

Business Bay , Dubai

AED 1,120,000
≈ AED 1,120,000
Free Residency Visa
Construction Progress20%
Bedrooms
Studio
Size
401 sqft
Price/Sqft
AED 2,793
Developer

Description

The Canal Crown is a distinguished residential project by DAMAC Properties developed in partnership with de GRISOGONO in the bustling region of Business Bay. The dwellings at Canal Crown are carefully partitioned, with levels 2 to 35 housing plush 'luxury' residences, while the 36th and 37th floors are reserved for exclusive 'super-luxury' properties.
The 'luxury' tier consists of studios and 1 and 2-bedroom flats, while the 'super-luxury' section offers extravagant 3 and 4-bedroom duplexes. Each abode at Canal Crown features a curved balcony, offering sweeping views of either the magical Dubai Water Canal or the Burj Khalifa.

Amenities & Features

Gym or Health Club
Swimming Pool
Lawn or Garden

Property Details

Property TypeApartment
ProjectCanal Crown
CommunityBusiness Bay
CompletionOff-Plan - Q1 2027
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,120,000
DLD Fee (4%)AED 44,800
Trustee FeeAED 4,200
Agency (2%)AED 22,400
Total InvestmentAED 1,191,400

Expected Annual Returns

Expected Annual RentAED 82,880
Service Charges (Est)-AED 6,015
Net Annual IncomeAED 76,865
Net Annual ROI6.5% (after expenses)
Payback Period15.5 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa1.8 km
Dubai Mall1.7 km
Dubai Airport (DXB)11.6 km
Mall of the Emirates10.7 km
Dubai Marina18.2 km