Canal Bay
Business Bay, Dubai, UAE
DeveloperNED PropertiesView developer profileDLD Waiver
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Discount
—
Handover
Q4 2024
Post Handover
—
Payment Plan
100% down
About Canal Bay
Canal Bay stands as a beacon of modernity and luxury in Dubai's skyline, offering an unparalleled living experience in one of the city's most prestigious locations. This new and remarkable building boasts 18 stories of contemporary architecture and sophisticated design, setting a new standard for upscale urban living. Located strategically to offer majestic views, Canal Bay overlooks two of Dubai'…
Project documents
Brochures
Not available yet
Master plans
Payment schedule
Main
- Deposit
- 100%
- During construction
- 0%
Market Intelligence
Completed transactions in Canal Bay
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Transaction activity
17 sales and 4 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-27 | Canal Bay | 3 | 1,449 sqft | AED 3,130,000 | 2,160 |
| 2024-12-27 | Canal Bay | 3 | 1,449 sqft | AED 3,130,000 | 2,160 |
| 2024-12-27 | Canal Bay | 3 | 1,449 sqft | AED 3,130,000 | 2,160 |
| 2024-12-09 | Canal Bay | 2 | 1,264 sqft | AED 2,550,000 | 2,017 |
| 2024-12-09 | Canal Bay | 2 | 1,264 sqft | AED 2,550,000 | 2,017 |
| 2024-11-28 | Canal Bay | 2 | 1,264 sqft | AED 2,590,000 | 2,049 |
Completed transactions in Business Bay
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Community activity
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Canal Bay
Our team will send you the complete payment schedule, floor plans and current offer from NED Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
Frequently asked questions about Canal Bay
- What is the handover date for Canal Bay?
- Canal Bay is scheduled for handover in Q4 2024.
- What is the starting price of Canal Bay?
- Prices start from AED 2,380,000. Contact our team for current availability.
- Who is the developer of Canal Bay?
- Canal Bay is being developed by NED Properties.
- Where is Canal Bay located?
- Canal Bay is located in Business Bay, Dubai, UAE.