Apartment for Sale in Business Bay by Damac

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Off Plan

Canal Crown

developer logoDAMAC Properties
Business Bay, Dubai
Apartment
0.24% Completed

About Property

Welcome to the extraordinary world of Canal Crown, a breathtaking waterfront development in the heart of Business Bay, Dubai. Meticulously crafted by DAMAC Properties and de GRISOGONO, this residential masterpiece redefines the very essence of luxury living.

Indulge in the stunning collection of studios, 1 and 2-bedroom apartments, each inspired by the enigmatic beauty of peridot gems believed to be found in outer space.

Canal Crown is an architectural marvel that promises to take you on a journey to a whole new realm of living experience. Prepare to be captivated by the unique and fantastical amenities offered, including the UFO spa relaxation pods, planet-inspired gardens, weightless swimming VR phenomena, and much more.

Step into a home that transcends the bounds of time and space, where you can soar among the stars and traverse the celestial depths of your imagination. With shared pool, concierge service, shared jacuzzi, children’s pool, security, broadband internet, and a grand lobby, Canal Crown offers a lifestyle that is unparalleled.

Embrace a world of infinite possibilities at Canal Crown, where luxury knows no limits. Prices range from 2,046,000 to 9,544,000 AED, making this a once-in-a-lifetime opportunity to own your own piece of celestial paradise.

Is This Home Your Lifestyle Match?

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Amenities

Shared Jacuzzi
Shared Jacuzzi
Shared Pool
Shared Pool
Broadband Internet
Broadband Internet
Lobby
Lobby
Concierge Service
Concierge Service
Children’s pool
Children’s pool
Security
Security

Nearby

Location

Business Bay, Dubai

Expected ROI

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Layouts and Prices

Transaction History

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Payment Plans

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Photos

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Overview
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Overview

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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From$552,420.00
Book At$110,484.00