Canal Crown 2
قنال كراون 2ONE QUANTEM REAL ESTATE DEVELOPMENT L.L.C · Home sales since 2024 · mostly off-plan in the 12 months to 1 Sep 2026
Not recorded as finished
Check this project before you pay
Sent a brochure for Canal Crown 2? This is what the Dubai Land Department’s records say, what other buyers paid, and what the records cannot tell you.
Is it on the Land Department’s project register?
Yes. This is what the Land Department’s projects file, dated 15 June 2026, says:
- Status:
- active per the Land Department · 15% complete
- Target completion:
- March 2027
- Escrow account:
- with Abu Dhabi Islamic Bank
- Developer:
- ONE QUANTEM REAL ESTATE DEVELOPMENT L.L.C (developer no. 1554)
These are the file’s own entries as of that date, not today’s. A target date is not a promise, and an escrow account on the record is not an assurance about the project. The full record, with the developer’s licence entry, is in the card below.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What have buyers paid here?
Studio · 114 off-plan sales from Mar 2024 to Jun 2026
The middle price was AED 1,303,500: 57 of these 114 buyers paid less, 57 paid more. 59 of the 114 paid between AED 1,273,000 and AED 1,377,000.
Per sqft: 60 of the 114 paid between AED 2,912/sqft and AED 3,077/sqft.
Too few sold in the 12 months to this project’s newest off-plan sale to show those alone, so this is every off-plan sale of this home on record here.
1-bed · 9 off-plan sales in the 12 months to 1 September 2026
The middle price was AED 2,517,000: 3 of these 9 buyers paid less, 4 paid more, 2 paid exactly that. 5 of the 9 paid between AED 2,416,000 and AED 2,545,000.
Per sqft: 5 of the 9 paid between AED 2,865/sqft and AED 2,992/sqft.
2-bed · 47 off-plan sales from Mar 2024 to Feb 2026
The middle price was AED 3,734,000: 23 of these 47 buyers paid less, 23 paid more, 1 paid exactly that. 25 of the 47 paid between AED 3,437,000 and AED 4,132,000.
Per sqft: 25 of the 47 paid between AED 2,715/sqft and AED 2,915/sqft.
Too few sold in the 12 months to this project’s newest off-plan sale to show those alone, so this is every off-plan sale of this home on record here.
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- 3-bed apartment: 1 sale: AED 2,928/sqft, last 12 months
Dubai Land Department · recorded sales Off-plan sales of homes in this project, on record with the Land Department · sales of finished homes are not mixed in, and apartments are not mixed with villas. A home size is shown only with 8 or more sales behind it. File dated 8 Oct 2026 · synced 8 Oct 2026.
And in Business Bay?
- Off-plan homes:
- AED 2,475/sqft typical price · Sep 2026 · 115 home sales
- Finished homes:
- AED 1,754/sqft typical price · Sep 2026 · 206 home sales
Each line is the last full month with 5 or more sales, so a month that has only just begun is not shown. Two different purchases, so they are shown apart and never mixed. Each line counts homes of every size in the area, this project’s included, so read it as a backdrop and not as a price for one home.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What has the developer done before?
ONE INTERNATIONAL REAL ESTATE DEVELOPMENT L.L.C: 1 completed project and 4 off-plan or in progress, by Keyva’s count from 1,334 recorded sales, Oct 2008 to 1 Oct 2026.
Counts, not a rating. Keyva does not rank developers. See every project →
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What the records cannot tell you
- Whether the building will be finished on the date you were given.
- Whether the price is fair for the exact home you were offered. The sales above are what others paid.
- What the home will rent for, or what its yearly service charge will be, once it is built.
- Whether the person selling to you is a licensed broker. That one you can check yourself, free.
Check the broker’s licence →The free checks you can run yourself →
The Land Department’s record
active per the Land Department · 15% complete · buildings · 351 units · 1 building · DLD target completion March 2027
Registered developer: ONE QUANTEM REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1554)
Master developer: BUSINESS BAY (L.L.C) (DLD no. 898)
Developer no. 1554 · licence 1142206 (DED) · period 19 Jan 2023 to 18 Jan 2027 · in DLD's file dated 1 Oct 2026.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Escrow account with Abu Dhabi Islamic Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Business Bay
Typical yearly rent of AED 89,000 across 15,225 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
1 sale: AED 2,884/sqft
Sep 2026 · 1 home sale
—
No two months with 5+ resales 3 or more years apart.
—
No recorded resales here yet.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Canal Crown 2 — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Common questions about Canal Crown 2
Is Canal Crown 2 selling off-plan or as resales?
100% of the 16 home sales recorded in Canal Crown 2 in the 12 months to 1 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Canal Crown 2 start selling?
The Land Department's register holds 348 home sales in Canal Crown 2. The earliest was recorded in Mar 2024 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Business Bay typical price
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Too few sales for a comparison. Sep 2026: here 1 sale: AED 2,884/sqft against Business Bay AED 2,057/sqft · 321 sales.
Developer track record
1,334 recorded sales
Matched to ONE INTERNATIONAL REAL ESTATE DEVELOPMENT L.L.C, across the 5 companies Keyva groups under that name, Oct 2008 to 1 Oct 2026.
1 completed · 4 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competition7 other projects in Business Bay have a handover date on record within six months either side of this one's (March 2027) — worth weighing against resale and rental demand around then. The Land Department's projects file of 15 Jun 2026 lists 48 other projects in Business Bay as not yet finished, including all 7 listed below.
The Edge
Select Global Development L.L.C
Al Habtoor Tower
AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C)
Canal Heights
VESTA REAL ESTATE DEVELOPMENT L.L.C
Canal Crown
GALAXY SKY REAL ESTATE DEVELOPMENT L.L.C
Canal Heights 2
RESTA REAL ESTATE DEVELOPMENT L.L.C
Dg1 Living
DAR DG GLOBAL PROPERTY DEVELOPMENT L.L.C
Vela Viento By Omniyat
ROYAL CREEK REAL ESTATE DEVELOPMENT LLC
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
1.5 km
Business Bay
1.2 km
GEMS Our Indian School
1.0 km
Nexx Home Healthcare Services
202 m
Supermash
Metro stations
- Business Bay1.5 km
- Burj Khalifa / Dubai Mall2.4 km
Schools
- GEMS Our Indian School1.2 km
- Dubai International School1.2 km
- Safa Private School1.2 km
- Dubai International School1.3 km
Hospitals & clinics
- Nexx Home Healthcare Services1.0 km
- Medcare Orthopaedics & Spine Hospital2.1 km
- Mediclinic2.2 km
- BIOS CLINIC2.6 km
Supermarkets
- Supermash202 m
- Barsha Hills Mini Mart231 m
- Deli Plus Mini Mart638 m
- Spinneys672 m
Bus stops
- U BORA Tower 2 GE Office166 m
- XL Tower 1169 m
- U BORA Tower 1 GE Office184 m
- XL Tower 2207 m
Pharmacies
- Life Pharmacy940 m
- Life Pharmacy1.0 km
- Life Pharmacy1.1 km
- Health First1.1 km
Malls
- Bay Avenue Mall1.3 km
- Al Faris Mall1.4 km
- Souk Extra1.9 km
- Al Wasl Centre1.9 km
Parks
- Bayside Park 269 m
- Bayside Park 4461 m
- Bayside Park 4701 m
- Action Hub847 m
Mosques
- Masjid Al Ghafoor1.1 km
- Al Safa Mosque1.8 km
- Shaikha Abdulla Salem2.1 km
- Al Qasimi Mosque2.3 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Business Bay — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Business Bay
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Binghatti
1–7 Oct 2026 · 11 home sales
Deyaar Development (P.J.S.C)
Sep 2026 · 7 home sales
Binghatti
Sep 2026 · 8 home sales
Select Global Development L.L.C
Sep 2026 · 27 home sales
Binghatti
1–7 Oct 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Canal Crown 2?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.