Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Canal Crown

Under constructionBusiness BayCompletion on file Feb 2027

327 homes on the DLD register in Business Bay, filed by Galaxy Sky Real Estate Development L.L.C. 343 sales have been registered against it between 27 Feb 2023 and 11 Sep 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 15 Jul 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityGalaxy Sky Real Estate Development L.L.C
Area (DLD)Business Bay
StatusUnder construction
Homes327
Registered sales343
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityGalaxy Sky Real Estate Development L.L.C
Area (DLD)Business Bay
Master communityBusiness Bay
Project statusUnder construction
Construction progress42.15% complete (DLD inspection, 15 Jul 2026)
Homes registered327
Buildings1
Registered start1 Aug 2023
Registered completion date28 Feb 2027
DLD project number2625
Description as recorded by DLD

The Project consists of 2B+G+3P+37F+2Mech+R+UR Residential building with retail outlets located in Business Bay. The project designed to have a concrete structure and block with internal and external finishes.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankAbu Dhabi Islamic Bank
Escrow account28853404

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Feb 2027.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

343 sales were registered against Canal Crown between 27 Feb 2023 and 11 Sep 2026 — a span of 43 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
2,782
Across 50 apartment and villa sales since 28 Apr 2025
Median price
AED 3.01m
Median size 1,158 sqft
Registered sales
343
27 Feb 2023 to 11 Sep 2026
Vs area median
+3.2%
Business Bay: 2,697 AED/sqft, 3,157 sales, off-plan only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers off-plan only in Business Bay over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
2,757Q2 2025n=212,788Q3 2025n=102,915Q4 2025n=62,686Q1 2026n=72,798Q2 2026n=52,785Q3 2026n=1

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio6438 sqft2,587
1 bedroom20875 sqft2,785
2 bedrooms221,400 sqft2,746
3 bedrooms22,015 sqft3,199

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion502,782
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
Canal Crown 144
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
11 Sep 2026Off-plan1 bedroom857 sqftAED 2,388,0002,785
21 Apr 2026Off-plan2 bedrooms1,311 sqftAED 3,534,0002,696
20 Apr 2026Off-planStudio435 sqftAED 1,126,0002,591
15 Apr 2026Off-plan3 bedrooms2,014 sqftAED 6,410,2503,183
13 Apr 2026Off-planStudio427 sqftAED 1,194,0002,798
7 Apr 2026Off-plan2 bedrooms1,461 sqftAED 4,255,0002,913
26 Mar 2026Off-plan2 bedrooms1,300 sqftAED 3,490,0002,686
25 Feb 2026Off-plan2 bedrooms1,312 sqftAED 3,524,0002,685
23 Feb 2026Off-plan1 bedroom875 sqftAED 2,640,0003,017
10 Feb 2026Off-planStudio439 sqftAED 1,304,0002,969
6 Feb 2026Off-plan2 bedrooms1,300 sqftAED 3,490,0002,684
2 Feb 2026Off-plan2 bedrooms1,461 sqftAED 4,259,0002,915

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
2,792
Across 6 registered sales to 2 Oct 2026
Registered sales, all time
343
27 Feb 2023 to 11 Sep 2026
The latest 25 of 343 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
11 Sep 2026Flat1 B/R8582,388,0002,785
22 Apr 2026Flat2 B/R1,3113,534,0002,696
20 Apr 2026FlatStudio4351,126,0002,591
16 Apr 2026Flat3 B/R2,0146,410,2503,183
14 Apr 2026FlatStudio4271,194,0002,798
7 Apr 2026Flat2 B/R1,4614,255,0002,913
26 Mar 2026Flat2 B/R1,3003,490,0002,686
25 Feb 2026Flat2 B/R1,3123,524,0002,685
23 Feb 2026Flat1 B/R8752,640,0003,017
10 Feb 2026FlatStudio4391,304,0002,969
6 Feb 2026Flat2 B/R1,3003,490,0002,684
2 Feb 2026Flat2 B/R1,4614,259,0002,915
22 Jan 2026Flat1 B/R8232,068,7802,514
16 Dec 2025Flat1 B/R8752,640,0003,017
12 Dec 2025Flat2 B/R1,3113,547,0002,706
14 Oct 2025Flat1 B/R1,0142,978,0002,936
13 Oct 2025Flat1 B/R9032,582,6572,861
13 Oct 2025Flat1 B/R9122,672,4402,930
10 Oct 2025Flat1 B/R9132,647,2202,899
9 Oct 2025Flat2 B/R1,3713,846,0002,805
24 Sep 2025Flat1 B/R8372,318,0002,770
24 Sep 2025Flat2 B/R1,5094,473,0002,965
18 Sep 2025Flat2 B/R1,5194,263,8402,806
1 Sep 2025FlatStudio4361,126,0002,583
25 Aug 2025Flat2 B/R1,4654,497,8903,070

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroBusiness Bay Metro Station
Nearest mallDubai Mall
Nearest landmarkDowntown Dubai

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT CANAL CROWN

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    327 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Under construction” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    343 registered sales

    Prices already paid, registered between 27 Feb 2023 and 11 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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