Canal BayBusiness Bay
2,380,000 AEDmarket
2,064 AED/ft²
Delivered: Q4 2024
Completed
Canal Bay
Business Bay
2 - 3 BedsApartment
Launch price
2,340,000 AED
Booking
40%
Booking
Construction
-
Construction
Handover
-
Handover
Local Information
-- to
Description
Canal Bay offers apartments and retail units for sale in Business Bay, a completed 18-story building by NED Properties. NED Properties, part of NED Investment Group, developed this project with 124 units. Construction commenced in the second half of 2021. The tower was completed in December 2024, offering views of the Burj Khalifa and Dubai Canal. A payment plan is available with a 40% deposit and the remaining 60% paid post-handover over 36 months. The development provides direct access to Sheikh Zayed Road and Al Khail Road. It is located near the Business Bay Metro Station, Dubai Mall, and Dubai Opera.
Price Analysis for Canal Bay
Apartment
2 B/R
17%
87 units
1,100 – 4,970 ft²
No market history available yet
Starting price
2.34M
1,763 /ft²
Current price
2.38M
2,064 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Canal Bay
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 13 May 2026 | 2,300,000 | Apartment | 2 B/R | 1,326 ft² | — | 1,735 |
| 11 May 2026 | 2,450,000 | Apartment | 2 B/R | 1,264 ft² | — | 1,938 |
| 29 Apr 2026 | 2,270,000 | Apartment | 2 B/R | 1,326 ft² | — | 1,712 |
| 21 Apr 2026 | 2,100,000 | Apartment | 2 B/R | 1,100 ft² | — | 1,909 |
| 17 Apr 2026 | 2,290,000 | Apartment | 2 B/R | 1,100 ft² | — | 2,082 |
| 15 Apr 2026 | 2,750,000 | Apartment | 2 B/R | 1,228 ft² | — | 2,239 |
| 14 Apr 2026 | 2,440,000 | Apartment | 2 B/R | 1,112 ft² | — | 2,194 |
| 2 Mar 2026 | 2,250,000 | Apartment | 2 B/R | 1,100 ft² | — | 2,045 |
| 20 Feb 2026 | 2,225,000 | Apartment | 2 B/R | 1,100 ft² | — | 2,023 |
| 19 Feb 2026 | 2,320,000 | Apartment | 2 B/R | 1,327 ft² | — | 1,748 |
| 12 Feb 2026 | 2,340,000 | Apartment | 2 B/R | 1,327 ft² | — | 1,763 |
| 2 Feb 2026 | 2,250,000 | Apartment | 2 B/R | 1,100 ft² | — | 2,045 |
| 2 Feb 2026 | 2,310,000 | Apartment | 2 B/R | 1,326 ft² | — | 1,742 |
| 2 Feb 2026 | 2,270,000 | Apartment | 2 B/R | 1,100 ft² | — | 2,064 |
13 May 2026
2,300,000
2 B/RApartment
1,326 ft²
—
1,735
11 May 2026
2,450,000
2 B/RApartment
1,264 ft²
—
1,938
29 Apr 2026
2,270,000
2 B/RApartment
1,326 ft²
—
1,712
21 Apr 2026
2,100,000
2 B/RApartment
1,100 ft²
—
1,909
17 Apr 2026
2,290,000
2 B/RApartment
1,100 ft²
—
2,082
15 Apr 2026
2,750,000
2 B/RApartment
1,228 ft²
—
2,239
14 Apr 2026
2,440,000
2 B/RApartment
1,112 ft²
—
2,194
2 Mar 2026
2,250,000
2 B/RApartment
1,100 ft²
—
2,045
20 Feb 2026
2,225,000
2 B/RApartment
1,100 ft²
—
2,023
19 Feb 2026
2,320,000
2 B/RApartment
1,327 ft²
—
1,748
12 Feb 2026
2,340,000
2 B/RApartment
1,327 ft²
—
1,763
2 Feb 2026
2,250,000
2 B/RApartment
1,100 ft²
—
2,045
2 Feb 2026
2,310,000
2 B/RApartment
1,326 ft²
—
1,742
2 Feb 2026
2,270,000
2 B/RApartment
1,100 ft²
—
2,064
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 14 most recent sales transactions
What's Available for Canal Bay
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
Comparable Buildings in Business Bay
Assigned Schools
Affordability
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FAQ
Canal Bay is situated in Business Bay, a high-density, mixed-use district known for its proximity to Downtown Dubai and its waterfront lifestyle. The area is characterized by a blend of corporate headquarters and residential towers, with the Dubai Water Canal serving as a central feature for leisure and scenic views.
The building offers two and three-bedroom apartment configurations, making it a suitable choice for small families or professionals who prioritize space and proximity to the city's central business hubs. The layouts are designed to cater to those seeking a balance between a high-paced urban environment and residential comfort.
This development features a shared swimming pool and a fully equipped gymnasium, complemented by 24/7 security and high-speed elevators. The building is specifically positioned to offer residents views of the Burj Khalifa and the Dubai Canal.
The tower is located near the Business Bay Metro Station, providing residents with direct access to the Dubai Metro Red Line. This connection facilitates travel to major areas such as Downtown Dubai, DIFC, and Dubai International Airport.
