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Canal Bay in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Canal Bay

RoomsSize, sqmSale price, AED/sqmSale price, AED
211021,2152,338,333

The price of an apartment in Canal Bay is 21,215 AED/sqm on average.

Price for completed 2 bedroom apartment in Canal Bay is 2,338,333 AED or 21,215 AED/sqm.

About Canal Bay

'Canal Bay' in 'Business Bay' area project description

Canal Bay is an 18-story residential apartment building located in Business Bay, Dubai, developed by NED by Al Ghurair. The project is ready for occupancy and features modern, luxury living spaces with contemporary design and state-of-the-art amenities.

Development and Architecture

The project comprises 30 apartments across 2 and 3-bedroom units, offered in 7 different standard layouts. The building showcases elegantly crafted interior designs with well-polished finishes, creating a contemporary luxury aesthetic that defines upmarket urban living in Dubai.

Layout and Unit Types

Canal Bay offers flexible living options through its seven standard unit configurations, allowing residents to select layouts that suit their specific needs. All units feature modern interiors and are designed to maximize natural light and comfort.

Amenities

Residents enjoy access to premium facilities including:
- Stunning swimming pool
- Well-equipped gymnasium
- Spacious indoor and outdoor play areas
- Modern recreational spaces

These amenities are designed to provide a complete lifestyle experience within the building.

Location and Connectivity

Positioned in the heart of Business Bay, Canal Bay offers exceptional connectivity and proximity to key Dubai destinations. The location provides:
- Direct views of Burj Khalifa and Dubai Canal
- Walking and jogging tracks along the waterfront
- Easy access to public transport including bus and metro connectivity
- Nearby restaurants, bars, retail stores, supermarkets, and pharmacies
- Hotels and spa facilities in close proximity
- Nursery and early childcare facilities

To reach Jumeirah Beach from Canal Bay, residents can drive approximately 15 minutes via major transport routes that connect Business Bay to the coastal areas.

Surrounding Area

Business Bay is Dubai's central business district and a dynamic waterfront community. The area combines commercial infrastructure with luxury residential towers, waterfront dining, and canal-side promenades. Canal Bay benefits from its position along Dubai Canal with direct access to Downtown Dubai, placing it near iconic destinations including The Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre (DIFC).

Nearby Projects

The area features other significant residential developments, including Wedyan - The Canal, a 46-story ultra-luxury tower by Al Ghurair Collection designed by renowned Japanese architect Kengo Kuma, also located on Dubai Canal in Business Bay.

Canal Bay represents serene waterfront living with seamless city connectivity, offering residents a vibrant lifestyle in one of Dubai's most prestigious and well-connected neighborhoods.



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