What is the payment plan for Canal Crown?

Canal Crown by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on handover, as published by the developer.

How much is the booking amount for Canal Crown?

5% of the price. On the cheapest unit at AED 1.6M that is AED 77,500.

How much do I pay before I get the keys to Canal Crown?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q4 2027.

Does Canal Crown have a post-handover payment plan?

No. The published plan completes at handover in Q4 2027.

What are the registration fees on Canal Crown?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 62,000. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Canal Crown?

Damac publishes Q4 2027, which is 15 months from now.

Damac · Business Bay · handover Q4 2027

Canal Crown payment plan

Canal Crown by Damac in Business Bay, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 1.6M, that is AED 1.6M (100%) paid by handover in Q4 2027. Handover is 15 months away.

Private enquiry

Get the Canal Crown brochure and floor plans.

Leave your WhatsApp number and email to download them. I then send the current price list and the units still available on WhatsApp.

BrochurePDF
Floor plansPDF

Privacy and terms

The Canal Crown payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	5%
During Construction	55%
On Handover	40%

On the cheapest unit (1–2 BR, AED 1.6M)

On Booking	AED 77,500
During Construction	AED 852,500
On Handover	AED 620,000
Total (100%)	AED 1,550,000
Months to handover	15

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 1,550,000. Registration and other fees are not included.

The Canal Crown instalment schedule, line by line

Every instalment Damac publishes for Canal Crown, in order, with the charges listed alongside the plan.

Payment Plan

Published by Damac

Stage	Instalment	Share	On AED 1,550,000
On Booking5%	On Booking	5%	AED 77,500
	DLD Feefee	4%	AED 62,000
During Construction55%	1st INSTALLMENT Within 1 month(s) of Sale Date	10%	AED 155,000
	2nd INSTALLMENT Within 3 month(s) of Sale Date	5%	AED 77,500
	3rd INSTALLMENT Within 4 month(s) of Sale Date to 7th INSTALLMENT Within 8 month(s) of Sale Date	5 × 1%	AED 15,500 each
	8th INSTALLMENT Within 9 month(s) of Sale Date	15%	AED 232,500
	9th INSTALLMENT Within 10 month(s) of Sale Date to 13th INSTALLMENT Within 14 month(s) of Sale Date	5 × 1%	AED 15,500 each
	14th INSTALLMENT Within 15 month(s) of Sale Date	15%	AED 232,500
On Handover	as published	40%	AED 620,000
Total of the plan		100%	AED 1,550,000

Lines marked fee (DLD Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Damac; the dirham column applies each percentage to the published starting price of AED 1,550,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Canal Crown

The same plan, applied to the starting price Damac publishes for each size in the building.

Unit	From	On Booking (5%)	During Construction (55%)	On Handover (40%)
Studiofrom 441 sq ft	AED 1,550,000	AED 77,500	AED 852,500	AED 620,000
1 bedfrom 840 sq ft	AED 2,700,000	AED 135,000	AED 1,485,000	AED 1,080,000
2 bedfrom 1,408 sq ft	AED 3,500,000	AED 175,000	AED 1,925,000	AED 1,400,000

Starting price per size as published by Damac; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Canal Crown

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Damac and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
Studio	AED 1,550,000	AED 62,000
1 bed	AED 2,700,000	AED 108,000
2 bed	AED 3,500,000	AED 140,000

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Canal Crown

Canal Crown payment plan: questions buyers ask

What is the payment plan for Canal Crown?: Canal Crown by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on handover, as published by the developer.
How much is the booking amount for Canal Crown?: 5% of the price. On the cheapest unit at AED 1.6M that is AED 77,500.
How much do I pay before I get the keys to Canal Crown?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q4 2027.
Does Canal Crown have a post-handover payment plan?: No. The published plan completes at handover in Q4 2027.
What are the registration fees on Canal Crown?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 62,000. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Canal Crown?: Damac publishes Q4 2027, which is 15 months from now.