Distress Deal: 2-Bedroom Apartment in Damac Canal Crown by De Grisogono at Business Bay | 10% Below Market

AED 3,413,741
| Deal type | Off-Plan Distress |
| Price | AED 3,413,741 |
| Bedrooms | 2 |
| Size | 1314 sq.ft |
| Type | Apartment |
| Status | OFF PLAN |
| Handover | Q4-2027 |
| Area / Master development | Business Bay |
| Community | Business Bay |
Distress Deal: 2-Bedroom Apartment in Damac Canal Crown by De Grisogono at Business Bay
Property Highlights
Project: Damac Canal Crown
Location: Business Bay, Dubai
Developer: Damac Properties
Property Type: 2 Bedrooms + 3 Bathrooms
Size: 1,314 sqft
Floor: 15th Floor (Mid Floor)
Views: Business Bay Canal + Burj Khalifa Skyline
Status: Off-Plan
Handover: Q4 2027
Payment Plan: 60/40
Original Price (OP): AED 3,647,160
Selling Price: AED 3,413,741 (≈10% Below OP)
Secure a mid-floor luxury 2-bedroom apartment in Damac Canal Crown by De Grisogono at a genuine 10% distress discount.
With direct canal and Burj Khalifa views, this spacious 1,314 sqft layout offers a high-demand configuration for both investors and future end-users.
This unit sits in one of the most sought-after branded towers in Business Bay, making it a premium yet below-market entry point in a high-appreciation district.
The Opportunity: Why This is a Secure Deal
This listing originates from a motivated seller requiring urgent liquidity, not a problematic unit.
All documentation — SPA, receipts, and payment schedules — are fully verifiable with Damac.
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10% below original price
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Clean, mortgage-free resale
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Developer transfer through Damac + DLD
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High-floor canal & Burj Khalifa facing unit
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Strong long-term rental & capital appreciation outlook
This is an ideal acquisition for serious investors who understand the value of branded luxury at a discounted entry point.
Why Damac Canal Crown is a Prime Investment
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Branded by De Grisogono: Premium global design with signature luxury elements.
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Top Business Bay Location: Walking distance to the canal, close to Downtown & DIFC.
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High Tenant Demand: 2-bedroom canal-view units achieve excellent returns in furnished rentals.
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Futuristic Amenities: Floating pods, rooftop observatory, luxury sky gardens.
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Growing Micro-Market: Business Bay canal area is rapidly appreciating due to new luxury inventory.
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Flexible Payment Plan: 60/40 structure adds investment feasibility and pre-handover liquidity.
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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| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
Total cost
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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.
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
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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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