GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C

Canal Crown

Under Construction · Due Q1 2027 · 18%|327 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Canal Crown is an under-construction apartment development by GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 327 registered units. 341 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,888 per sqft. At AED 2,888 per sqft, Canal Crown prices 19% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · ↑11.8% YoY

2.54MAED

Typical

2,888AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

341

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationBusiness Bay in Business Bay

Drive times · typical

Downtown Dubai9 min · 3.9 km

DXB Airport16 min · 17.6 km

DIFC15 min · 9.4 km

Dubai Marina22 min · 21.1 km

Palm Jumeirah23 min · 23.4 km

Nearest · straight-line

Metro stationBusiness Bay2.3 km

MallTHEMARK | دمارک0.1 km

SchoolCreative Kids Early Learning Centre0.2 km

HospitalRB0.5 km

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Canal Crown2,888AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 425 – 3,756 sqft	327	2.54M	2,888	↑11.8%
Residential
Studio · Apartment 425 – 463 sqft	88
1 Bed · Apartment 790 – 1,285 sqft	166
2 Bed · Apartment 1,192 – 1,549 sqft	66
3 Bed · Apartment 1,718 – 2,015 sqft	4			—
Commercial
Shop 2,022 – 3,756 sqft	3	—	—	—	—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide341 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Floor Analysis

last 24 months

Floors	Median PSF
All floors	109 sales
Floors 2-17	35 sales
Floors 20-37	74 sales

Median PSF · 109 sales

Floors 2-17 · 35 sales

Floors 20-37 · 74 sales

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
21 Apr 2026	2 Bed	Tower 1 · Floor 3	1,311	3,534,000	2,696	—	Standard	Off-Plan Sale
20 Apr 2026	Studio	Tower 1 · Floor 4	435	1,126,000	2,591	0.0%	Standard	Off-Plan Sale
15 Apr 2026	3 Bed	Tower 1 · Floor 36	2,014	6,410,250	3,183	—	Standard	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Canal Crown

Compared with

One River Point

PIX© PSF

2,760

Rank

#13 of 52

#12 of 52

Typical price

2.29M

Yield

—

Units

327

298

Sales

342

279

Rents

—

Developer

GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C

DUTCO ELLINGTON CANAL FRONT REAL ESTATE L.L.C

Handover

Due 2027

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	One by Binghatti Binghatti Developers FZE · Due 2026 · Off-plan pricing	755					626	—
	Canal Heights VESTA REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	415					464	—
	Trillionaire Residences by Binghatti Binghatti Developers FZE · 2024 · Off-plan pricing	369					357	205
	Canal Crown 2 ONE QUANTEM REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	351					347	—
	One River Point DUTCO ELLINGTON CANAL FRONT REAL ESTATE L.L.C · Due 2027 · Off-plan pricing	298					279	—
13	Canal Crown GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	327	2,760	Subject	2.29M	—	342	—
	Al Habtoor Tower AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · Due 2026 · Off-plan pricing	1,739					1,309	—
	Peninsula One SELECT GLOBAL DEVELOPMENT L.L.C · 2024 · Off-plan pricing	525					372	337
	Binghatti Skyrise Binghatti Developers FZE · Due 2026 · Off-plan pricing	3,358					3,297	—
	Peninsula Two SELECT GLOBAL DEVELOPMENT L.L.C · Due 2024 · Off-plan pricing	462					331	31
	Binghatti Aquarise Binghatti Developers FZE · Due 2026 · Off-plan pricing	1,592					1,289	—

Community median 2,467 AED/sqft. Showing the closest-ranked peers of 52 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 72 excluded for trading only in the ready market. 8 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

The Binary By OmniyatAED 2,861/sqft
Bay SquareAED 2,841/sqft
One River PointAED 2,819/sqft
Lake CentralAED 2,800/sqft
Rove Home Marasi DriveAED 2,979/sqft
Canal Heights 2AED 2,784/sqft

Common questions about Canal Crown

Answered from Dubai Land Department registered transactions.

How much does a property in Canal Crown cost?

Property in Canal Crown sells at a current PIX© price of AED 2,888 per sqft, or about AED 2,537,937 for a typical unit, based on 341 sales registered with the Dubai Land Department.

When is Canal Crown handing over?

Canal Crown is under construction, due q1 2027, and is 18% complete against the Dubai Land Department's reported progress.

Who is the developer of Canal Crown?

Canal Crown is developed by GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Canal Crown?

Canal Crown holds 327 registered units, per the Dubai Land Department unit register.

Have prices in Canal Crown gone up or down?

Price per sqft has risen +11.8% over the last 12 months, to AED 2,888, across 341 registered sales.