Developer: One Quantem Real Estate Development · Business Bay
Canal Crown 2 is a residential project by Damac Properties in Business Bay, Dubai, with handover 31.03.2027, construction 26.1% complete per the DLD registry.
The purchase price is split into these stages.
The exact schedule is confirmed in the sale agreement for the selected unit.
Data from the Dubai Land Department project registry (updated 23.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Damac Properties · District: Business Bay
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 04.06.2026 | Studio | 34.4 | 1 024 000 |
| 11.05.2026 | 1 BR | 38.7 | 1 225 843 |
| 04.05.2026 | 1 BR | 79.2 | 2 416 000 |
| 27.04.2026 | 1 BR | 78.5 | 2 193 170 |
| 25.02.2026 | 2 BR | 135.4 | 3 708 000 |
| 26.01.2026 | 1 BR | 78.9 | 2 542 000 |
| 26.01.2026 | 1 BR | 78.9 | 2 517 000 |
| 26.01.2026 | 1 BR | 78.8 | 2 517 000 |
| 12.01.2026 | 1 BR | 77.6 | 2 394 000 |
| 08.12.2025 | Studio | 42.7 | 1 409 000 |
| 04.12.2025 | 3 BR | 184.8 | 5 824 240 |
| 10.11.2025 | 2 BR | 124.2 | 3 403 000 |
| 24.10.2025 | 1 BR | 89.8 | 2 982 711 |
| 16.10.2025 | 2 BR | 135.6 | 3 936 000 |
| 11.09.2025 | 2 BR | 135.4 | 3 481 750 |
| 13.08.2025 | 1 BR | 91.7 | 2 918 000 |
| 12.08.2025 | 3 BR | 188.9 | 6 335 000 |
| 06.08.2025 | 1 BR | 77.6 | 2 302 000 |
| 30.07.2025 | 2 BR | 121.8 | 3 905 300 |
| 22.07.2025 | 1 BR | 77.4 | 2 254 000 |
Dubai Land Department transaction registry, updated 2026-08-22. Explore Dubai property transactions →
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +4% over the same period, so the building lagged.
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| Studio | 40 | 1 308 000 | 32 700 | 116 |
| 1 bedroom | 79 | 2 397 000 | 30 342 | 183 |
| 2 bedrooms | 125 | 3 823 000 | 30 584 | 48 |
| 3 bedrooms | 167 | 5 762 000 | 34 503 | 6 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
From 2024 to 2026 — 0% on the price per square metre in this building. The district moved +1% over the same period, so the building tracked the market.
Top to bottom: purchase price per m², year, annual rent per m², gross yield.
All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.
* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
Canal Crown 2 is a single residential building with retail outlets in Business Bay, Dubai, developed by One Quantem Real Estate Development. The project comprises 351 units and is active, with a completion ratio of 26.12% recorded on 24 March 2026. Project completion is scheduled for 31 March 2027.
Canal Crown 2 is planned as one residential building in Business Bay. Its configuration comprises three basement levels, a ground floor, three podium levels, 35 residential floors, one mechanical level and a roof level. Retail outlets form part of the building. The project has a recorded total area of 27,674.35 and contains 351 units. The structural specification is concrete construction with blockwork, together with internal and external finishes. This is a vertically arranged residential project within Business Bay’s established high-rise and mixed-use urban setting.
Construction on Canal Crown 2 started on 8 August 2023. The project is classified as active. Its completion ratio stood at 26.12% following the inspection dated 24 March 2026. The scheduled project completion date is 31 March 2027. The development is identified as project number 2626 and consists of a single building. The 351-unit count and one-building format provide the defined scale of the project, while the building programme includes basement, podium, residential, mechanical and roof levels alongside ground-floor retail outlets.
Canal Crown 2 is located in Business Bay, a mixed-use district along the Dubai Canal corridor in central Dubai. The district combines office towers, residential high-rises, waterfront promenades and marina-related development. Business Bay sits immediately southwest of Downtown Dubai and has a substantial freehold development footprint. Its built environment includes completed residential and commercial buildings as well as active development sites. The wider district contains 156 projects, including 39 active developments and 103 completed projects, with 64,372 units. Business Bay has developed from a predominantly commercial master plan into a district with a larger residential component alongside its office stock.
Business Bay is served by the Dubai Metro Red Line and is connected to Dubai’s main road network. The district lies adjacent to Sheikh Zayed Road and is linked to Al Khail Road through its local arterial roads. Metro station R26 is 551 metres from the district point of reference. Internal roads, landscaped public spaces and canal-side routes form part of the area’s urban network. Road widening, upgrades to parallel roads and junction improvements have been undertaken in the district to support traffic flow. The area’s transport framework places Canal Crown 2 within a central Dubai district served by both metro and major road connections.
Business Bay is 1.5 km from Burj Khalifa and Downtown Dubai, and 1.9 km from The Dubai Mall. Dubai International Airport is 12.6 km away, while Al Maktoum International Airport is 34.0 km away. Other listed distances from Business Bay include 10.0 km to Mall of the Emirates, 15.1 km to Palm Jumeirah, 17.2 km to Dubai Marina and 17.9 km to JBR Beach. The Dubai Canal forms a defining part of the district, with waterfront residences, promenades and marina-style components in parts of the neighbourhood.
Business Bay contains a mix of commercial towers, residential buildings and waterfront projects. Canal-side development in the district includes promenades, marina-related areas and waterborne transport options in certain locations. Marasi Business Bay brings together waterfront residences, a marina and promenades, while Al Habtoor City combines hotel and residential components along the Sheikh Zayed Road waterfront. Completed residential projects in the district include 15 Northside, Binghatti Canal, Clayton Residency and Empire Heights. The surrounding area continues to add residential, office and tower developments, reflecting Business Bay’s role as a dense mixed-use quarter beside Downtown Dubai.
Dubai market as a whole: prices, transactions and trends (DLD data) →
We will send floor plans, the payment plan and available units for this project.
Project data comes from the Dubai Land Department (DLD) registry.
