About Canal Crown
Canal Crown is a residential and retail tower by Galaxy Sky Real Estate Development, in Business Bay, Dubai. It rises 41 storeys (2 basement levels, a ground floor, 3 podium levels and 37 floors), built as a concrete structure with internal and external finishes. The project comprises 327 homes.
Key information
Developer
Galaxy Sky Real Estate Development
- Expected handover
- Q1 2027
- Status
- Under construction
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2023
- Number of buildings
- 1
- Number of units
- 327
- Registered with DLD
- 25 May 2023
- Escrow bank
- Abu Dhabi Islamic Bank
- Escrow account no.
- 28853404
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Under construction42% complete
- Expected handoverQ1 2027
Construction progress
47 inspection photos from the Dubai Land Department. Latest 15 Jul 2026 at 42% complete.
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
6 Elevators
45 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
341
Median price
AED 2.3M
Median price / sqft
AED 3K-3%
Off-plan share
100%
Priced 66% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 98 | 441 sqft | AED 1.3M | AED 3K |
| 1 Bed | 177 | 863 sqft | AED 2.3M | AED 3K |
| 2 Bed | 62 | 1,386 sqft | AED 3.9M | AED 3K |
| 3 Bed | 4 | 1,868 sqft | AED 6.0M | AED 3K |
Price per sqft by year
-3% since 2023AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 22 Apr 2026 | Off-plan | 1,311 sqft | AED 3.5M | AED 3K |
| 20 Apr 2026 | Off-plan | 435 sqft | AED 1.1M | AED 3K |
| 16 Apr 2026 | Off-plan | 2,014 sqft | AED 6.4M | AED 3K |
| 14 Apr 2026 | Off-plan | 427 sqft | AED 1.2M | AED 3K |
| 07 Apr 2026 | Off-plan | 1,461 sqft | AED 4.3M | AED 3K |
| 26 Mar 2026 | Off-plan | 1,300 sqft | AED 3.5M | AED 3K |
| 25 Feb 2026 | Off-plan | 1,312 sqft | AED 3.5M | AED 3K |
| 23 Feb 2026 | Off-plan | 875 sqft | AED 2.6M | AED 3K |
Unit mix
327 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 3 | - |
| Studio | 88 | 425 - 463 sqft |
| 1 B/R | 166 | 790 - 1,285 sqft |
| 2 B/R | 66 | 1,192 - 4,396 sqft |
| 3 B/R | 4 | 1,718 - 2,015 sqft |
Payment plan
Payment plans are set by Galaxy Sky and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Canal Crown has a planned handover of Q1 2027, and the latest DLD inspection puts construction at 42% complete.
