Canal Crown de GRISOGONO

Canal Crown de GRISOGONO is a branded luxury residential development by DAMAC Properties, created in partnership with Swiss jewellery house de GRISOGONO. It comprises two towers on the Dubai Water Canal in Business Bay, offering studios through to 4-bedroom super-luxury duplexes. The project is one of DAMAC's most distinct branded collaborations in Dubai.

The development sits directly on the Dubai Water Canal in Business Bay, one of Dubai's primary financial and lifestyle districts. Downtown Dubai and the Burj Khalifa are within a 10-minute drive, while Dubai Marina and Dubai International Airport are approximately 25 minutes away by car. Dubai Mall and City Walk are both easily reachable for daily dining and retail.

The project offers luxury studios, 1-bedroom and 2-bedroom apartments, 2-bedroom duplexes, and super-luxury 3-bedroom and 4-bedroom duplexes. Living areas range from 401 sqft to 4,761 sqft, covering a wide spectrum of buyers. Full floors are also available for purchase, giving investors the option to design a custom penthouse layout.

Every residence includes rounded balconies with integrated greenery pockets and direct views of the Dubai Water Canal, Burj Khalifa, Downtown Dubai or the Arabian Gulf. Super-luxury units add a private swimming pool on the terrace. Full-floor buyers can work with the layout to create a bespoke penthouse configuration.

Amenities go well beyond the standard, including an aqua gymnasium, a swim VR experience that simulates ocean depth, and UFO SPA relaxation pods. There is also a planet-inspired garden featuring a swimming pool, jacuzzi and scale models of planets. An observation deck provides panoramic night views across the Dubai skyline.

Residences start from AED 3,500,000, with the project structured on an 80/20 payment plan — 80% paid during construction and 20% on handover. This structure reduces the lump-sum burden at completion and is competitive for a waterfront branded address in Business Bay. Handover is scheduled for Q1 2025.

DAMAC Properties has set the handover for Canal Crown de GRISOGONO in Q1 2025. The project's 80/20 payment plan means buyers complete the bulk of payments during the construction phase, with only 20% due at the point of key handover. Buyers should confirm the exact completion timeline directly with DAMAC's sales team.

Purchasing a residence at Canal Crown de GRISOGONO makes buyers eligible to apply for a UAE 2-year investor visa or, given the price point above AED 2,000,000, a 10-year UAE Golden Visa. The Golden Visa covers the primary applicant and can be extended to immediate family members. This residency benefit adds significant long-term value beyond the property itself.