Distress Deal: 1-Bedroom Apartment in Damac Canal Crown by De Grisogono at Business Bay | 10% Below Original Price

Distress Deal: 1-Bedroom Apartment in Damac Canal Crown by De Grisogono at Business Bay | 10% Below Original Price

AED 2,103,472

Deal typeOff-Plan Distress
PriceAED 2,103,472
Bedrooms1
Size820 sq.ft
TypeApartment
StatusOFF PLAN
HandoverQ4-2027
Area / Master developmentBusiness Bay
CommunityBusiness Bay

Distress Deal: 1-Bedroom Apartment in Damac Canal Crown by De Grisogono at Business Bay| Below Market

Property Highlights

Project: Damac Canal Crown
Location: Business Bay, Dubai
Developer: Damac Properties
Property Type: 1 Bedroom + 2 Bathrooms
Size: 820.1 sqft
Floor: Mid Floor (23rd)
View: Premium Meydan View
Status: Off-Plan
Handover: Q4 2027
Payment Plan: 60/40
Original Price (OP): AED 2,247,300
Selling Price: AED 2,103,472 (≈10% Below OP)


Secure this mid-floor luxury 1-bedroom apartment in Damac Canal Crown by De Grisogono, offered at an exceptional 10% below original price.
This is a verified seller-driven distress deal, presenting one of the most attractive entry points in the building for serious investors seeking value, brand prestige, and long-term appreciation.

With premium Meydan views, a generous 820 sqft layout, and De Grisogono luxury branding, this unit is positioned for strong future demand in Business Bay’s evolving canal district.


The Opportunity: Why This is a Secure Deal

This resale arises from a motivated seller requiring immediate liquidity, not from any project delay or unit-related issue.
A full set of developer documentation, including SPA and payment receipts, is available for verification.

  • 10% below OP (genuine distress pricing)

  •  Clean and mortgage-free

  •  Transfer via Damac Developer + DLD for maximum security

  •  Highly liquid unit category in Business Bay

  •  Ideal for investors targeting capital appreciation before 2027 handover

This is a low-risk, high-value resale opportunity in one of Damac’s most design-heavy branded towers.


Why Damac Canal Crown is a Prime Investment

  • World-Class Branding: Designed in collaboration with De Grisogono, known for ultra-luxury jewelry and design.

  • Premium Tier Location: Steps from Business Bay Canal, minutes to Downtown and DIFC.

  • High Appreciation Zone: Business Bay branded residences consistently outperform market averages.

  • Strong Rental Potential: Meydan view units with modern layouts achieve high demand for furnished rentals.

  • Flexible Payment Plan: 60/40 structure supports medium-term investment planning.

  • Iconic Architecture: Futuristic design with sky amenities, floating pods, and rooftop experiential spaces.

This distress opportunity will not remain on the market for long. Contact our team immediately to receive title documentation, confirm verification status, and arrange a private consultation.

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

Read our full property verification methodology →

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