DAMAC Canal One Property Development L.L.C: projects and off-plan sales in Dubai
DAMAC Canal One Property Development L.L.C is a property developer registered with the Dubai Land Department as developer no. 1119, registered on February 7, 2016. The official project register lists 2 projects under its name: 1 active, 1 completed and 0 not started or pending, with 2,518 registered units. From October 16, 2025 to October 16, 2026, 53 off-plan sales were registered in its projects, at a weighted median of AED 2,499 per sq ft.
- 2projects in the DLD register
- 1active projects
- 2,518registered units
- 53off-plan sales in 12 months
- AED 2,499weighted median per sq ft
Source: Dubai Land Department project and developer registers (open data), as of 15/06/2026. Source: Dubai Land Department open data, off-plan sales 16/10/2025 to 16/10/2026.
DAMAC Canal One Property Development L.L.C projects in the DLD register
Active projects first, then not started and completed. Projects without a public name are shown by their DLD number.
| Project | Community | Status | Progress | Planned end | Units |
|---|---|---|---|---|---|
| Aykon City 3 | Business Bay | active | 23.4% | December 2027 | 1,294 |
| Project no. 1726 | Business Bay | completed | 100% | August 2023 | 1,224 |
Source: Dubai Land Department project and developer registers (open data), as of 15/06/2026.
DAMAC Canal One Property Development L.L.C off-plan sales over 12 months
| Project | Off-plan sales | Median price | Median / sq ft |
|---|---|---|---|
| Aykon City 3 | 53 | AED 2,581,000 | AED 2,499 |
Source: Dubai Land Department open data, off-plan sales 16/10/2025 to 16/10/2026.
Where does DAMAC Canal One Property Development L.L.C build?
Communities of its registered projects: Business Bay.
Developers in Dubai · Off-plan projects in Dubai · Our developer guide
Other developers active in Dubai
- Dar Global Luxury Property Development L.L.C S.o.c — 55 off-plan sales
- Januss Real Estate Developers L.L.C — 54 off-plan sales
- Octa Di Development Co. L.L.C — 54 off-plan sales
- Peak Summit Real Estate Development L.L.C — 53 off-plan sales
- Eln Properties Development L.L.C — 53 off-plan sales
- Manodev Real Estate Development L.L.C — 53 off-plan sales
Know a buyer?
If someone you know is interested in DAMAC Canal One Property Development L.L.C projects, you can refer them through the Sofara real estate ambassador programme: the buyer is guided by a licensed agency and you are kept informed of progress.
Frequently asked questions
How many projects does DAMAC Canal One Property Development L.L.C have in Dubai?
The DLD project register (as of 15/06/2026) lists 2: 1 active, 1 completed and 0 not started or pending.
Which DAMAC Canal One Property Development L.L.C project sells most off-plan?
Over the last 12 months, Aykon City 3 recorded 53 DLD-registered off-plan sales at a median AED 2,581,000.
Is DAMAC Canal One Property Development L.L.C registered with the Dubai authorities?
Yes: it is listed in the Dubai Land Department developer register as no. 1119 since February 7, 2016. For an off-plan purchase, check that the project is registered with the DLD and that your payments go to its escrow account.
How do I buy a DAMAC Canal One Property Development L.L.C property?
A RERA-licensed Cevitas advisor sends you the available units, the developer's price list and payment plan, then guides you through to the DLD registration of the sale, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.