About Canal Crown 2
Canal Crown 2 is a residential and retail tower by One Quantem Real Estate Development, in Business Bay, Dubai. It rises 39 storeys (3 basement levels, a ground floor, 3 podium levels and 35 floors), built as a concrete structure with internal and external finishes. The project comprises 351 homes.
Key information
Developer
One Quantem 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
- 351
- Registered with DLD
- 31 May 2023
- Escrow bank
- Abu Dhabi Islamic Bank
- Escrow account no.
- 28857671
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Under construction26% complete
- Expected handoverQ1 2027
Construction progress
32 inspection photos from the Dubai Land Department. Latest 24 Mar 2026 at 26% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
6 Elevators
44 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
348
Median price
AED 2.3M
Median price / sqft
AED 3K-2%
Off-plan share
100%
Priced 70% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 115 | 431 sqft | AED 1.3M | AED 3K |
| 1 Bed | 180 | 864 sqft | AED 2.4M | AED 3K |
| 2 Bed | 47 | 1,415 sqft | AED 3.9M | AED 3K |
| 3 Bed | 6 | 1,866 sqft | AED 5.8M | AED 3K |
Price per sqft by year
-2% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 01 Sept 2026 | Off-plan | 882 sqft | AED 2.5M | AED 3K |
| 04 Jun 2026 | Off-plan | 370 sqft | AED 1.0M | AED 3K |
| 04 May 2026 | Off-plan | 852 sqft | AED 2.4M | AED 3K |
| 27 Apr 2026 | Off-plan | 845 sqft | AED 2.2M | AED 3K |
| 25 Feb 2026 | Off-plan | 1,457 sqft | AED 3.7M | AED 3K |
| 26 Jan 2026 | Off-plan | 849 sqft | AED 2.5M | AED 3K |
| 26 Jan 2026 | Off-plan | 849 sqft | AED 2.5M | AED 3K |
| 26 Jan 2026 | Off-plan | 849 sqft | AED 2.5M | AED 3K |
Unit mix
351 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 3 | - |
| Studio | 113 | 358 - 490 sqft |
| 1 B/R | 176 | 776 - 1,189 sqft |
| 2 B/R | 53 | 1,302 - 4,242 sqft |
| 3 B/R | 6 | 1,789 - 2,033 sqft |
Payment plan
Payment plans are set by One Quantem 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 2 has a planned handover of Q1 2027, and the latest DLD inspection puts construction at 26% complete.
