by DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Jul 1, 2016
Expected Handover
Oct 12, 2023
Official Status
FINISHED
Total Units
1,371
Avg Unit Size
1105 sqft
Freehold Ratio
72%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 1.34M
PSF
AED 1,844/sqft
Sales 12M
22
vs Area
-3.5%
Asset Turnover
ⓘ
1.6%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
1,371
Avg Unit Size
1105 sqft
3BR
3.3%Studio
15.0%NA
0.4%2BR
39.8%1BR
13.3%Office
28.1%4BR+
0.1%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 546 | 39.8% |
| Office | 385 | 28.1% |
| Studio | 206 | 15.0% |
| 1BR | 182 | 13.3% |
| 3BR | 45 | 3.3% |
| NA | 6 | 0.4% |
| 4BR+ | 1 | 0.1% |
Price & Volume Trend
Unit Liquidity Matrix
⚠️ Ghost Units DetectedCompares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 2BR | 40.0% 546 units | 61.8% 42 sold | 1.54 | 🔥 HIGH DEMAND |
| Office | 28.2% 385 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| Studio | 15.1% 206 units | 19.1% 13 sold | 1.26 | 🔥 HIGH DEMAND |
| 1BR | 13.3% 182 units | 11.8% 8 sold | 0.89 | ✓ BALANCED |
| 3BR | 3.3% 45 units | 7.4% 5 sold | 2.24 | 🔥 HIGH DEMAND |
| 4BR+ | 0.1% 1 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
13 Oct 2026 | BUSINESS BAY | Studio | AED 840K | AED 1,969/sqft | Ready | Freehold | |
3 Oct 2026 Published 5 Oct 2026 | BUSINESS BAY | Studio | AED 780K | AED 1,607/sqft | Ready | Freehold | |
2 Oct 2026 Published 5 Oct 2026 | BUSINESS BAY | 2BR | AED 1.44M | AED 1,770/sqft | Ready | Freehold | |
1 Oct 2026 | BUSINESS BAY | 1BR | AED 940K | AED 1,765/sqft | Ready | Freehold | |
28 Sep 2026 | BUSINESS BAY | 3BR | AED 2.04M | AED 1,569/sqft | Ready | Freehold | |
25 Sep 2026 | BUSINESS BAY | 2BR | AED 1.52M | AED 1,606/sqft | Ready | Freehold | |
24 Sep 2026 | BUSINESS BAY | 2BR | AED 1.32M | AED 1,653/sqft | Ready | Freehold | |
14 Sep 2026 Published 15 Sep 2026 | BUSINESS BAY | 2BR | AED 2.14M | AED 2,618/sqft | Ready | Freehold | |
10 Sep 2026 | BUSINESS BAY | 2BR | AED 1.30M | AED 1,602/sqft | Ready | Freehold | |
7 Sep 2026 Published 8 Sep 2026 | BUSINESS BAY | 2BR | AED 1.77M | AED 2,182/sqft | Ready | Freehold | |
2 Sep 2026 | BUSINESS BAY | Studio | AED 850K | AED 1,904/sqft | Ready | Freehold | |
25 Aug 2026 | BUSINESS BAY | 2BR | AED 1.40M | AED 1,560/sqft | Ready | Freehold | |
13 Aug 2026 | BUSINESS BAY | 2BR | AED 1.50M | AED 1,591/sqft | Ready | Freehold | |
13 Aug 2026 | BUSINESS BAY | 2BR | AED 1.49M | AED 1,558/sqft | Ready | Freehold | |
6 Aug 2026 | BUSINESS BAY | 2BR | AED 1.51M | AED 1,848/sqft | Ready | Freehold | |
4 Aug 2026 | BUSINESS BAY | 2BR | AED 1.48M | AED 1,821/sqft | Ready | Freehold | |
3 Aug 2026 | BUSINESS BAY | 2BR | AED 1.28M | AED 1,582/sqft | Ready | Freehold | |
2 Jul 2026 | BUSINESS BAY | Studio | AED 717K | AED 1,601/sqft | Ready | Freehold | |
30 Jun 2026 | BUSINESS BAY | 1BR | AED 880K | AED 1,562/sqft | Ready | Freehold | |
22 Jun 2026 | BUSINESS BAY | 3BR | AED 2.48M | AED 1,904/sqft | Ready | Freehold | |
9 Jun 2026 | BUSINESS BAY | 2BR | AED 1.50M | AED 1,671/sqft | Ready | Freehold | |
15 May 2026 | BUSINESS BAY | 2BR | AED 1.30M | AED 1,576/sqft | Ready | Freehold | |
14 May 2026 | BUSINESS BAY | 2BR | AED 1.27M | AED 1,596/sqft | Ready | Freehold | |
12 May 2026 Published 13 May 2026 | BUSINESS BAY | 1BR | AED 950K | AED 1,784/sqft | Ready | Freehold | |
23 Apr 2026 | BUSINESS BAY | Studio | AED 940K | AED 2,199/sqft | Ready | Freehold | |
9 Apr 2026 | BUSINESS BAY | 2BR | AED 2.37M | AED 2,899/sqft | Ready | Freehold | |
6 Apr 2026 | BUSINESS BAY | 2BR | AED 1.46M | AED 1,812/sqft | Ready | Freehold | |
25 Mar 2026 | BUSINESS BAY | 2BR | AED 1.45M | AED 1,801/sqft | Ready | Freehold | |
18 Mar 2026 Published 19 Mar 2026 | BUSINESS BAY | Studio | AED 900K | AED 2,016/sqft | Ready | Freehold | |
18 Mar 2026 | BUSINESS BAY | 2BR | AED 1.44M | AED 1,774/sqft | Ready | Freehold |