DAMAC "Canal Crown 2 - Altitude de Grisogono"
DAMAC Properties · Business Bay · Dubai
SKID Score6.4 / 10
SKID Score
6.4 / 10
Proceed with caution
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: developer. Weakest: entry price.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 1.4M
- Payment plan
- Down payment 15%.
- Handover
- Mar 2028
- Available units
- 0–2 beds · Freehold
- Gross yield
- 3.9%
- Fair value
- -27.6%
- Risk
- Medium
- At handover
- 85% at or after handover
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 3.9%
- Fair value
- -27.6%
↓ 0.6 since last analysis
Last evaluated: 2026-10-14
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.4
| Factor | Weight | Score |
|---|---|---|
Location Established prime district | 20% | 7.3/ 10 |
Entry price Launch is -27.6% versus median DLD sale price per sq ft in this community | 15% | 3.2/ 10 |
Developer 23 other catalog project(s) already past their published handover | 15% | 8.6/ 10 |
Supply / competition Heavy competing supply: 49 other launches in Business Bay | 10% | 3.6/ 10 |
Payment plan 85% of the price is due at or after handover, which leaves more capital working until handover | 10% | 8.5/ 10 |
Appreciation potential Community closed-sale trend is +0.0% year on year | 10% | 6.3/ 10 |
Rental yield Implied gross yield is 3.9% against community rents | 7.5% | 3.8/ 10 |
Delivery risk Handover sits in a typical off-plan window | 5% | 8.6/ 10 |
Service charges Service charge published at 25 | 2.5% | 5.5/ 10 |
Exit liquidity 1264 closed sales in the last year in this community | 5% | 8.6/ 10 |
Strong
- • 23 other catalog project(s) already past their published handover
- • 85% of the price is due at or after handover, which leaves more capital working until handover
- • Handover sits in a typical off-plan window
- • 1264 closed sales in the last year in this community
Watch
- • Established prime district
- • Community closed-sale trend is +0.0% year on year
Risk
- • Launch is -27.6% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 49 other launches in Business Bay
- • Implied gross yield is 3.9% against community rents
- • Service charge published at 25
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 23 other catalog project(s) already past their published handover Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community read for Business Bay: location 7.3 / 10, supply 3.6 / 10. Established prime district Amenities mention beach Heavy competing supply: 49 other launches in Business Bay
Pricing agent: Launch is -27.6% versus median DLD sale price per sq ft in this community Service charge published at 25 1264 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 3.9% against community rents
Payment plan agent: 85% of the price is due at or after handover, which leaves more capital working until handover. Score 8.5 / 10.
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: developer. Weakest: entry price.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 23 other catalog project(s) already past their published handover Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community
Community read for Business Bay: location 7.3 / 10, supply 3.6 / 10. Established prime district Amenities mention beach Heavy competing supply: 49 other launches in Business Bay
Pricing
Pricing agent: Launch is -27.6% versus median DLD sale price per sq ft in this community Service charge published at 25 1264 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 3.9% against community rents
Payment plan
Payment plan agent: 85% of the price is due at or after handover, which leaves more capital working until handover. Score 8.5 / 10.
Orchestrator
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: developer. Weakest: entry price.
Payment plan
Payment Plan 85% is due at or after handover. Down payment 15%.
Location
Business Bay · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Ready · Apartment | AED 1.3M | 655 | 1,985 |
| 2026-07-07 | Ready · Apartment | AED 1.64M | 782 | 2,092 |
| 2026-07-07 | Off-plan · Apartment | AED 18M | 5,619 | 3,203 |
| 2026-07-07 | Off-plan · Apartment | AED 10.02M | 3,287 | 3,048 |
| 2026-07-07 | Ready · Apartment | AED 1M | 486 | 2,059 |
| 2026-07-07 | Ready · Apartment | AED 2.05M | 1,747 | 1,174 |
| 2026-07-07 | Ready · Apartment | AED 1.5M | 830 | 1,808 |
| 2026-07-07 | Off-plan · Apartment | AED 2.23M | 1,009 | 2,205 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
0–2 beds · Apartments
AED 1.4M – AED 8.91M
490 – 3,679 sq.ft
From AED 10.23M
4,242 sq.ft
From 490 sq ft / sq m as published
Service charge 25
Amenities
- Shared Pool
- Kids’ Play Area
- Lobby
- Shared Gym & Fitness Centre
- Leisure Areas
- Social Zone
- Walking Paths
- SPA
- Lift
- Recreational Areas
- Dining outlets (coffee houses & restaurants)
- Retail Outlets
- Infinity Pool
- Private Pool
- Pool Deck
- Sitting Area
- Beach Access
- Floating Deck with Sunbeds
- Bar
- Resting Areas
- Aqua Fitness
- Beauty Salon
Compare
DAMAC "Canal Crown 2 - Altitude de Grisogono"
From AED 1.4M · ★ 6.4 / 10
Questions about this launch
- Who is building DAMAC "Canal Crown 2 - Altitude de Grisogono"?
- DAMAC Properties is the developer named on this launch.
- When is handover for DAMAC "Canal Crown 2 - Altitude de Grisogono"?
- The published handover is Mar 2028.
- What is the starting price of DAMAC "Canal Crown 2 - Altitude de Grisogono"?
- The published starting price is AED 1.4M.
- What does the SKID screen mean for DAMAC "Canal Crown 2 - Altitude de Grisogono"?
- The SKID screen for this launch in Business Bay is 94 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.