Canal Crown 2

1. Is it on schedule?15% built in July 2026 against a March 2027 handover: 85% left to build in 8 months · DLD project register, Jul 202615%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,884/sqft, 7.4% above the Business Bay off-plan median across 47 projects+7.4%Context
4. Is it selling?15 off-plan sales registered in the last 12 months, of 348 units; the latest on 1 Sept 202615Context
5. Who is building it?The register names the master developer, Business Bay LLC; the builder is not recordedNo record

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف ابوظبى الاسلامى

Master developer

Business Bay LLC

Registered start

August 2023

Configuration

Project consist of 3B+G+3P+35F+1MECH+R residential building with retail outlets located in Business Bay, Dubai. The building is designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Canal Crown 2 be completed?

The developer registered handover for March 2027, 8 months after DLD’s latest record, and the project was 15% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Canal Crown 2 cost per square foot?

AED 2,884 per sqft, the median of 15 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.54M. That is 7.4% above the Business Bay off-plan median across 47 projects.

Is Canal Crown 2 in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Canal Crown 2?

The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does Canal Crown 2 have?

348 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.