Canal Crown

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by DAMAC
678
Total Units
663
Sold
AED 2,307,000
Median Price
AED 2,860
Median Price /sqft
Construction progress: 42%
Start: May, 2023Completion: Feb, 2027

Canal Crown Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio201360 sqft - 490 sqftAED 1.2M (2,800 /sqft)AED 2,500 /sqft
11.78
1 Bed342780 sqft - 1,280 sqftAED 2.5M (2,910 /sqft)AED 2,420 /sqft
20.37
2 Beds1191,190 sqft - 4,400 sqftAED 3.5M (2,700 /sqft)AED 2,420 /sqft
11.52
3 Beds101,720 sqft - 2,030 sqftAED 6.1M (3,060 /sqft)AED 2,430 /sqft
25.73

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 100110809 sqft15.84 sqft Check Availability
1Apartment, 100210829 sqft18.34 sqft Check Availability
1Apartment, 100210829 sqft15.99 sqft Check Availability
1Apartment, 100610813 sqft15.68 sqft Check Availability
1Apartment, 100610776 sqft13.2 sqft Check Availability
1Apartment, 100710829 sqft18.16 sqft Check Availability
1Apartment, 100710843 sqft17.26 sqft Check Availability
2Apartment, 1005101,346 sqft27.58 sqft Check Availability
2Apartment, 1005101,343 sqft29.62 sqft Check Availability
2Apartment, 1010101,311 sqft24.09 sqft Check Availability
2Apartment, 1010101,311 sqft26.71 sqft Check Availability
StudioApartment, 100110445 sqft7.51 sqft Check Availability
StudioApartment, 100310443 sqft7.14 sqft Check Availability
StudioApartment, 100310443 sqft8.29 sqft Check Availability
StudioApartment, 100410445 sqft7.42 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
No data found

Canal Crown Real Estate Data – FAQ

  • What is the current property supply in Canal Crown?

    Canal Crown has a total residential supply of approximately 1 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Canal Crown?

    Canal Crown recorded 34 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Canal Crown?

    The median transaction price in Canal Crown is AED 2,860 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Canal Crown?

    The gross rental yield in Canal Crown is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Canal Crown?

    Property prices in Canal Crown have shown a capital appreciation of 195% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Canal Crown?

    There are currently 1 active off-plan projects in Canal Crown, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Canal Crown?

    The total off-plan pipeline in Canal Crown includes approximately 678 units, which will significantly impact future supply and pricing dynamics.

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  • Is Canal Crown a good area for property investment?

    Canal Crown is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Canal Crown, this is %, indicating relatively strong income performance compared to global markets.

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