Canal BayCompleted 2024AED 2,064 per sq ft ▼ 2% in a year resale, 52 sales
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Home › Business Bay › Residential towers › Canal Bay

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Upper mid-range canal-front residential tower built by NED Properties, handed over in 2024, with 18 floors and 123 resales since 2024

Canal Bay, Business Bay · by NED Properties

A resale 2-bed in Canal Bay sells for about AED 2.33m

Median of 50 resale sales in the 12 months to 14 Oct 2026. Last sale in the tower: 17 Sep 2026.

The developer says
Canal Bay offers serene waterfront living in Business Bay, with views of Burj Khalifa and Dubai Canal, in a ready apartment building with 2 and 3-bedroom homes. As given on ned.ae
The market says
52 resales in 12 months at AED 2,064 per sq ft (-2% in a year); a higher price than 51% of Business Bay towers; 13 homes for sale now.
RealEstateRankingOctober 2026No.40of 89 Business Bay towers, by the sales of September 2026BACK

Back on the chart: two homes sold by owners after a month with no sale.

James Paul Booth
The agent's view
“Canal Bay had 52 sales in 12 months at about AED 2,064 per sq ft, but too few owners have sold twice for me to quote a return. A 2-bed rents for a gross yield of about 6.0% at asking prices. Few homes are for sale against the pace of sales, so a home at the right price sells quickly. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
Asking now, 2-bed
AED 2,390,000 (10 listings)
Asking now, 3-bed
AED 3,400,000 (3 listings)
Asking rent, 2-bed
AED 140,000 a year (43 listings) · gross yield 6.0%
Official record
111 registered sales since 2024: 111 apartment
Size
18 floors
Google rating
4.4 (21 ratings, place covers more than this tower)
Shops and food
1 in the building · 17 places to eat within 300 m
Nearest metro
Business Bay, 1,958 m in a straight line
116 units with a sale on record since 2024.
2sales in the last 30 days: 2 resale, 0 off-plan
13for sale now, listed a median of 23 days
3 monthsto sell the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 14 Oct 2026. Built 16 Oct 2026.

Pictures of Canal Bay

Drawing of Canal Bay
Drawing, not a photo. Drawing by BUY DUBAI from a photo or render (towerart manifest).
outside, full height, night
outside, full height, night
Photo: ned.ae
outside, podium and street level
outside, podium and street level
Photo: ned.ae

7 pictures of this building: a drawing, photos. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.

From the developer: NED Properties

What NED Properties publishes about Canal Bay. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 10 Oct 2026. Ask NED Properties for the latest brochure and floor plans.

Photos: inside an apartment

2 photos of Canal Bay from Google Maps, each with a label for what it shows. Select a photo to open it on Google Maps.

Bedroom with large bed, armchair and curtained window
Inside an apartment
Bedroom with large bed, armchair and curtained window
Photo: Diana Shapovalova, Google Maps
Bed beside glass-walled bathroom with shower
Inside an apartment
Bed beside glass-walled bathroom with shower
Photo: Diana Shapovalova, Google Maps

Canal Bay on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, in most cases by the developer. The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 14 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: soldResale: per sq ftMedian askingAsking over resaleRent a yearGross yield
2-bedAED 2,330,000 (50)2,060AED 2,390,000 (10)+3%AED 140,000 (43)6.0%
3-bedunder 5 (2)–AED 3,400,000 (3)–AED 205,000 (5)–

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (1 of 123 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (1). They stay in the list below with a label.

Resale price per sq ft fell 2% in a year

Median AED 2,064 per sq ft in the last 12 months (52 resale sales) against AED 2,108 in the 12 months before (68 resale sales).

2024-Q3: AED 1,778 per sq ft, 2 sales1,77824 Q32024-Q4: AED 2,104 per sq ft, 6 sales2,10424 Q42025-Q1: AED 2,112 per sq ft, 13 sales2,11225 Q12025-Q2: AED 2,094 per sq ft, 14 sales2,09425 Q22025-Q3: AED 2,133 per sq ft, 33 sales2,13325 Q32025-Q4: AED 2,082 per sq ft, 29 sales2,08225 Q42026-Q1: AED 2,055 per sq ft, 14 sales2,05526 Q12026-Q2: AED 1,924 per sq ft, 8 sales1,92426 Q22026-Q3: AED 2,057 per sq ft, 3 sales2,05726 Q32 sales26 sales613 sales1314 sales1433 sales3329 sales2914 sales148 sales83 sales3Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.

Every sale since 2024: 123 sales of 116 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
8012-bed1,264AED 2,600,0002,05717 Sep 2026Resale
5052-bed1,327AED 2,450,0001,84617 Sep 2026Resale
7012-bed1,264AED 2,700,0002,13629 Jul 2026Resale
9042-bed1,112AED 1,977,0001,77819 Jun 2026Resale-19% from AED 2.44m in 2025
5062-bed1,326AED 2,300,0001,73413 May 2026Resale
12012-bed1,264AED 2,450,0001,93811 May 2026Resale+11% from AED 2.20m in 2025
8062-bed1,326AED 2,270,0001,71229 Apr 2026Resale
9072-bed1,100AED 2,100,0001,91021 Apr 2026Resale-8% from AED 2.29m in 2025
8072-bed1,100AED 2,290,0002,08217 Apr 2026Resale
8032-bed1,228AED 2,750,0002,23914 Apr 2026Resale
8042-bed1,112AED 2,440,0002,19514 Apr 2026Resale
4072-bed1,100AED 2,250,0002,0462 Mar 2026Resale
2072-bed1,100AED 2,225,0002,02320 Feb 2026Resale
7052-bed1,327AED 2,320,0001,74819 Feb 2026Resale
8052-bed1,327AED 2,340,0001,76312 Feb 2026Resale
3072-bed1,100AED 2,250,0002,0462 Feb 2026Resale
14062-bed1,326AED 2,310,0001,7422 Feb 2026Resale
7072-bed1,100AED 2,270,0002,0642 Feb 2026Resale
5023-bed1,449AED 3,500,0002,41530 Jan 2026Resale
5032-bed1,228AED 2,850,0002,32023 Jan 2026Resale
7042-bed1,112AED 2,420,0002,17722 Jan 2026Resale
10072-bed1,100AED 2,290,0002,08222 Jan 2026Resale
7062-bed1,326AED 2,250,0001,69721 Jan 2026Resale
11072-bed1,100AED 2,310,0002,10115 Jan 2026Resale
5012-bed1,264AED 2,800,0002,2157 Jan 2026Resale
6032-bed1,228AED 2,700,0002,19826 Dec 2025Resale
15072-bed1,100AED 2,330,0002,11910 Dec 2025Resale
12012-bed1,264AED 2,200,0001,7409 Dec 2025Resale-16% from AED 2.62m in 2025
16062-bed1,326AED 2,360,0001,7798 Dec 2025Resale
16052-bed1,327AED 2,430,0001,8318 Dec 2025Resale
16032-bed1,228AED 2,775,0002,2598 Dec 2025Resale
16042-bed1,112AED 2,530,0002,2768 Dec 2025Resale
16023-bed1,449AED 3,320,0002,2918 Dec 2025Resale
9072-bed1,100AED 2,290,0002,0828 Dec 2025Resale
16012-bed1,264AED 2,705,0002,1408 Dec 2025Resale
16072-bed1,100AED 2,380,0002,1645 Dec 2025Resale
13072-bed1,100AED 2,310,0002,1015 Dec 2025Resale
10052-bed1,327AED 2,200,0001,6584 Dec 2025Resale-16% from AED 2.62m in 2025
2042-bed1,112AED 2,400,0002,15926 Nov 2025Resale
6072-bed1,100AED 2,270,0002,06418 Nov 2025Resale
18062-bed1,326AED 2,330,0001,75713 Nov 2025Resale
11042-bed1,112AED 2,460,0002,21311 Nov 2025Resale
1062-bed1,364AED 2,225,0001,63111 Nov 2025Resale
10052-bed1,327AED 2,625,0001,97829 Oct 2025Resale+12% from AED 2.34m in 2025
12012-bed1,264AED 2,625,0002,07629 Oct 2025Resale+1% from AED 2.61m in 2025
18072-bed1,100AED 2,350,0002,13728 Oct 2025Resale
13052-bed1,327AED 2,450,0001,84628 Oct 2025Resale
11062-bed1,326AED 2,290,0001,72722 Oct 2025Resale
9062-bed1,326AED 2,270,0001,71222 Oct 2025Resale
3062-bed1,326AED 2,225,0001,67822 Oct 2025Resale
14072-bed1,100AED 2,330,0002,11921 Oct 2025Resale
14042-bed1,112AED 2,480,0002,23120 Oct 2025Resale
6042-bed1,112AED 2,420,0002,1779 Oct 2025Resale
4062-bed1,326AED 2,225,0001,6781 Oct 2025Resale
10062-bed1,326AED 2,270,0001,71230 Sep 2025Resale
3042-bed1,112AED 2,400,0002,15925 Sep 2025Resale
6062-bed1,326AED 2,250,0001,69725 Sep 2025Resale
9042-bed1,112AED 2,440,0002,19525 Sep 2025Resale
18042-bed1,112AED 2,500,0002,24922 Sep 2025Resale
12042-bed1,112AED 2,460,0002,21317 Sep 2025Resale
15062-bed1,326AED 2,310,0001,74211 Sep 2025Resale
2012-bed1,264AED 2,550,0002,01711 Sep 2025Resale
15042-bed1,112AED 2,480,0002,2319 Sep 2025Resale
10042-bed1,112AED 2,440,0002,1959 Sep 2025Resale
2052-bed1,327AED 2,300,0001,7334 Sep 2025Resale
17032-bed1,229AED 2,720,0002,2144 Sep 2025Resale
14032-bed1,228AED 2,750,0002,23928 Aug 2025Resale
6052-bed1,327AED 2,320,0001,74828 Aug 2025Resale
17042-bed1,112AED 2,500,0002,24922 Aug 2025Resale
4042-bed1,112AED 2,400,0002,15922 Aug 2025Resale
13062-bed1,326AED 2,290,0001,72719 Aug 2025Resale
9012-bed1,264AED 2,590,0002,04919 Aug 2025Resale
17062-bed1,326AED 2,330,0001,75712 Aug 2025Resale
15032-bed1,228AED 2,700,0002,19812 Aug 2025Resale
2032-bed1,228AED 2,620,0002,1336 Aug 2025Resale
3052-bed1,327AED 2,300,0001,7331 Aug 2025Resale
17072-bed1,100AED 2,350,0002,13730 Jul 2025Resale
18032-bed1,229AED 2,720,0002,21429 Jul 2025Resale
4052-bed1,327AED 2,300,0001,73328 Jul 2025Resale
9032-bed1,228AED 2,660,0002,16624 Jul 2025Resale
3032-bed1,228AED 2,620,0002,13323 Jul 2025Resale
6012-bed1,264AED 2,570,0002,03323 Jul 2025Resale
9052-bed1,327AED 2,340,0001,76323 Jul 2025Resale
14012-bed1,264AED 2,610,0002,06515 Jul 2025Resale
4032-bed1,228AED 2,620,0002,13311 Jul 2025Resale
2062-bed1,326AED 2,225,0001,67810 Jul 2025Resale
14023-bed1,449AED 3,170,0002,1883 Jul 2025Resale
4012-bed1,264AED 2,550,0002,01726 Jun 2025Resale
12072-bed1,100AED 2,310,0002,10125 Jun 2025Resale
13023-bed1,449AED 3,160,0002,18112 Jun 2025Resale
15012-bed1,264AED 2,630,0002,0809 Jun 2025Resale
15052-bed1,327AED 2,380,0001,7933 Jun 2025Resale
18052-bed1,327AED 2,400,0001,80830 May 2025Resale
17052-bed1,377AED 2,400,0001,74328 May 2025Resale
14052-bed1,327AED 2,380,0001,79320 May 2025Resale
18012-bed1,264AED 2,640,0002,08814 May 2025Resale
1042-bed2,225AED 2,500,0001,1231 May 2025Resale size does not fit the recorded type
4023-bed1,449AED 3,070,0002,11930 Apr 2025Resale
15023-bed1,449AED 3,150,0002,17421 Apr 2025Resale
10032-bed1,228AED 2,660,0002,1669 Apr 2025Resale
2023-bed1,449AED 3,050,0002,1052 Apr 2025Resale
9023-bed1,449AED 3,120,0002,1532 Apr 2025Resale
17023-bed1,449AED 3,150,0002,17428 Mar 2025Resale
18023-bed1,449AED 3,150,0002,17427 Mar 2025Resale
3023-bed1,449AED 3,060,0002,11224 Mar 2025Resale
13012-bed1,264AED 2,610,0002,06524 Mar 2025Resale
17012-bed1,264AED 2,630,0002,08024 Mar 2025Resale
1052-bed1,901AED 2,400,0001,26314 Mar 2025Resale
11032-bed1,228AED 2,680,0002,18210 Mar 2025Resale
12062-bed1,326AED 2,290,0001,72725 Feb 2025Resale
6023-bed1,449AED 3,090,0002,13224 Feb 2025Resale
11023-bed1,449AED 3,140,0002,16717 Feb 2025Resale
13042-bed1,112AED 2,460,0002,21310 Feb 2025Resale
12012-bed1,264AED 2,610,0002,0656 Jan 2025Resale
10052-bed1,327AED 2,340,0001,7636 Jan 2025Resale
10023-bed1,449AED 3,130,0002,16027 Dec 2024Resale
3012-bed1,264AED 2,550,0002,0179 Dec 2024Resale
11012-bed1,264AED 2,590,0002,04928 Nov 2024Resale
10012-bed1,264AED 2,590,0002,04927 Nov 2024Resale
12032-bed1,228AED 2,680,0002,18221 Nov 2024Resale
12023-bed1,449AED 3,150,0002,17413 Nov 2024Resale
11052-bed1,327AED 2,360,0001,77816 Sep 2024Resale
12052-bed1,327AED 2,360,0001,77816 Sep 2024Resale

Sellers ask 2% less than buyers paid

13 homes are for sale in Canal Bay. The median advert asks 2% less per sq ft than the median resale sale of the same type in the last 12 months. 8 of 10 adverts ask the sold level or less. The median advert has been listed for 23 days; the oldest for 63 days.

TypeFor saleMedian askingAsking per sq ftSold per sq ft (sales)Asking over soldMedian time listed
2-bed10AED 2,390,0002,0232,060 (50)-2%23 days
3-bed3AED 3,400,0002,346too few sales–6 days

How long the adverts have been listed

30 days or less10
31 to 90 days3
91 to 180 days0
More than 180 days0

Each home for sale, closest to sold prices first

TypeSq ftAskingPer sq ftAgainst soldDays listedNotes
2-bed1,327AED 2,400,0001,809-12%35furnished
2-bed1,264AED 2,400,0001,899-8%23furnished
2-bed1,228AED 2,380,0001,938-6%27furnished
2-bed1,228AED 2,400,0001,954-5%23furnished
2-bed1,112AED 2,250,0002,023-2%19furnished
2-bed1,112AED 2,250,0002,023-2%63
2-bed1,112AED 2,250,0002,023-2%-5
2-bed1,112AED 2,270,0002,041-1%20
2-bed1,100AED 2,400,0002,182+6%23furnished
2-bed1,327AED 20,000,00015,072+631%23furnished
3-bed1,449AED 3,400,0002,346–63furnished
3-bed1,449AED 3,400,0002,346–-2
3-bed1,449AED 20,000,00013,803–6furnished

Adverts: one reading on 7 Oct 2026. Sold prices: resale sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. 3 adverts have the same type, size and price as another advert: they are probably the same home with a second agent. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

Mortgage: what Canal Bay costs a month

The numbers start from the median sold price in this tower. Change any of them. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.

Monthly payment

Cash you need on day one

Buy against rent

Loan limits: Central Bank of the UAE mortgage rules (first home under AED 5 million: 80% for residents, 85% for UAE nationals; AED 5 million and above: 70% and 75%; second home or investment: 60% and 65%; off-plan: 50%; 25 years at most; all your debt payments at most 50% of your income). Banks set their own limit for buyers who do not live in the UAE. Fees are the usual ones: Land Department 4% of the price plus AED 580; mortgage registration 0.25% of the loan plus AED 290; trustee office AED 4,200; agent 2% plus 5% VAT; bank fee 1% of the loan plus VAT (it differs by bank); valuation AED 3,150. This is an illustration, not an offer of a loan. Rates read on 9 Oct 2026.

Home loans registered on Canal Bay

Year20252026
Loans252
Median loanAED 1.88m–

Dubai Land Department register to 12 Feb 2026: mortgage and Islamic home finance registrations on homes in this tower. A loan can be for a purchase or to replace an older loan. Median shown for 3 or more loans.

The official record: 111 registered sales since 2024

Dubai Land Department register for "Canal Bay", 16 Sep 2024 to 12 Feb 2026: 111 apartment sales, plus 27 mortgages. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
2026112,082
2025922,094
202482,049

Median AED per sq ft is shown for 3 or more sales in a year. 0 of these sales were off-plan and 111 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 111 sales and our unit list has 109.

Get a message when something changes in Canal Bay
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Sales alert

Which side faces what

The direction of each landmark from Canal Bay, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthBurj Khalifa 1.7 km · DIFC 3.4 km
EastMayfair Residency, a tower 56 m away · Mayfair Tower, a tower 147 m away · Dubai Design District 2.2 km · Dubai Creek and Ras Al Khor 5.9 km
South-eastMeydan racecourse 3.7 km
South-westBinghatti Skyhall, a tower 102 m away · Burj Al Arab and the sea 10.2 km · Dubai Marina skyline 17.8 km
North-westSheikh Zayed Road 1.6 km · Jumeirah beach and the sea 4.6 km

Floor plans: where to see them

We do not hold a floor plan that we could check against the sold sizes. These pages show floor plans for Canal Bay. We have not checked them.

What residents say: Google place "The Canal Lounge" has 4.4 from 21 ratings

We read the 8 newest Google reviews that have text (of 21 fetched; the tower has 21 ratings), dated 2022-12 to 2026-07. A review is one resident's statement. We show counts, not quotes.

No problem is named by 2 or more reviews.

Short lets: at least 12 Airbnb listings in this tower

We read Airbnb on 9 Oct 2026 and matched each listing to a tower. A listing counts here when two things agree: the Dubai holiday-home permit code, the tower name in the listing, or the map pin. 12 listings pass this test for Canal Bay. 2 more may be in this tower, but we could not confirm them.

If you invest

  • Short lets operate in Canal Bay today: 12 live Airbnb listings.
  • The median advertised night is AED 800. This is the price Airbnb showed for the dates it chose. It is not income: it leaves out empty nights, fees and service charges.
  • The largest operator has 4 listings in this tower.
  • Each short-let home needs a holiday-home permit from Dubai's Department of Economy and Tourism. 13 of the listings show a permit code.

If you live here

  • A short-let home has new guests every few days. Residents share the lifts, the pool and the gym with them.
  • Before you buy or rent a home to live in, ask the building management how guests get access and who deals with noise.

Source: Airbnb listing pages, read 9 Oct 2026. A listing is one advert. One home can have more than one advert. No listing found does not mean short lets are not allowed.

The building: 11 of 53 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Developer
NED Properties
Completed
2024
Floors
18
Unit mix
2 and 3 bedroom apartments in seven layouts of about 1,100 to 1,449 sq ft; Datahabibi lists 87 two-bed and 37 three-bed units. Our sales data shows 50 two-bed and 2 three-bed sales in the last 12 months.

Amenities: Swimming pool, Gym, Residents' lounge, Children's play area, BBQ area, Yoga deck, Panorama view terrace, Retail stores

Where sources disagree

  • Developer: Propsearch says Etjar Investments; Datahabibi, Driven Properties and Dxboffplan say NED Properties. Propsearch disagrees on developer and floors, but its completion year (2024) matches, so it is not excluded under the two-mismatch rule.
  • Unit sizes: Datahabibi shows a 2-bed range of 1,100 to 4,970 sq ft and Driven Properties 470 to 3,500 sq ft, against seven layouts of 1,100 to 1,449 sq ft on Dxboffplan.

Watch-outs

Small apartments
The listed layouts run from about 1,100 to 1,449 sq ft, and our data shows a median of 1,228 sq ft for 2-beds sold in the last 12 months. Datahabibi also shows a 2-bed range up to 4,970 sq ft and Driven Properties gives 470 to 3,500 sq ft for the building, which do not match the seven layouts. No resident comment on size.
Reported by a site · live adverts: community guide, our sales data, datahabibi.ae, dxboffplan.com

Building

Floors, apartments and completion year
Completed in 2024 (Datahabibi says Q4 2024, construction from July 2021). Floors: Propsearch says 22 storeys plus 1 basement, while Driven Properties and Dxboffplan say 18; unit numbers in the sales records reach floor 18. Total apartments not stated; Datahabibi lists 87 two-bed and 37 three-bed units (124).
Reported by a site · datahabibi.ae, propsearch.ae, live adverts: community guide, dxboffplan.com, our sales data
Can you use the balcony?
Datahabibi says views come from balconies and living areas, and Dxboffplan says units have balconies. No resident comment on how usable they are.
Reported by a site · datahabibi.ae, live adverts: community guide
Amenities list
Sites list a swimming pool, gym, residents' lounge, children's play area, BBQ area, yoga deck and panorama terrace. Dxboffplan claims 58 amenities and covered parking, without listing them all.
Reported by a site · datahabibi.ae, live adverts: community guide, dxboffplan.com

Developer

Who is the developer?
NED Properties, per Datahabibi, Driven Properties and Dxboffplan (which adds 'by Al Ghurair'). Propsearch says Etjar Investments, which disagrees.
Reported by a site · datahabibi.ae, dxboffplan.com, live adverts: community guide, propsearch.ae
Finishes
Driven Properties and Dxboffplan describe high-quality finishes and elegant interiors. That is sales wording; no resident view.
Reported by a site · dxboffplan.com, live adverts: community guide
Delivery record (on time or late)
Construction began mid-2021 and the building was completed in 2024. No planned date is given, so on-time or late cannot be judged.
Reported by a site · datahabibi.ae, propsearch.ae

Management

People

Parking

Resident parking
Sites say covered or free private parking, and DLD records show parking with the units. Propsearch says one basement level is used for parking. Number of bays not found.
Reported by a site · propsearch.ae, live adverts: community guide, dxboffplan.com

Around

What is being built next to it?
Not found. Propsearch says the plot was first meant for a cancelled project, Bay Terrace. A Reddit search results says Aykon City is right next to it.
Reported by a site · propsearch.ae, web search results
Entertainment within a 15-minute walk
Not found as a walking time. Sites give drive times: Dubai Mall in 5 minutes, Burj Khalifa in 5 to 8, Bay Avenue Mall in 6, Safa Park in 8. A hotel review says Dubai Mall is about 40 minutes on foot. The Canal Lounge nightlife venue is in the Gulf Court Hotel in Business Bay.
Reported by a site · live adverts: community guide, dxboffplan.com, Google Maps reviews
Metro and public transport
Business Bay Metro is about 3 minutes away per Dxboffplan and 7 minutes per Driven Properties; the mode of travel is not stated. Driven Properties says Sheikh Zayed and Al Khail Roads are easy to reach.
Reported by a site · live adverts: community guide, dxboffplan.com

Around Canal Bay

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Canal Bay (this tower)–2,064 (52)
Mayfair Residency56 m1,484 (18)
Binghatti Skyhall102 m2,351 (190)
Mayfair Tower147 m1,423 (9)
Vento Tower163 m3,525 (20)
Rove Home Marasi Drive164 m3,298 (35)
Canal Heights208 m2,762 (16)
Vezul Residence220 m1,435 (9)
Art XV238 m– (0)

Drive times: empty roads, 08:00 and 18:00

ToEmpty roadLeave 08:00Home 18:00Distance
Dubai Mall9 min12 min12 min5.2 km
DIFC Gate8 min13 min21 min6.0 km
DXB Terminal 332 min25 min28 min21.5 km
Dubai Marina Mall22 min20 min31 min20.8 km
Mall of the Emirates16 min16 min28 min14.8 km
Kite Beach13 min––10.6 km
DWC airport46 min––43.7 km

Leave at 08:00 and home at 18:00: Google traffic predictions for a Tuesday (13 Oct 2026). Empty road: OpenStreetMap routing. "Home 18:00" is the drive back from that place.

Shops, food and services

In the building (1)What it isFrom the doorGoogle rating
Numu Nursery Business BayPreschool14 m4.9 (29)
Food and drink within 300 m: 17
Pure Punjabi RestaurantIndian Restaurant124 m4.4 (511)
Custom Cake Dubai - Cake ShopCake Shop145 m–
Rosa's Thai - Business BayRestaurant159 m3.9 (128)
Jones Social - Best Restaurant & Bar Business BayRestaurant161 m4.9 (418)
The Gourmet YardRestaurant164 m4.7 (3)
فرن بعينو - الامارات - دبيBakery168 m4 (6)
TIERRA QUERIDA RESTAURANT AND CAFÉ CO. L.L.CRestaurant169 m3.4 (22)
Rania gourmet KitchenRestaurant169 m3.5 (15)
B2B BurgersFast Food Restaurant169 m4 (4)
Tamil Virundhu RestaurantIndian Restaurant169 m–
Groceries and daily shops within 300 m: 15
LIFE Pharmacy - Life MayfairPharmacy74 m4.4 (140)
Better 1 supermarketSupermarket78 m4.7 (27)
MQ MINIMARTGrocery Store131 m4.3 (45)
Tom and Jerry Pet Shop and NurseryStore145 m4.2 (256)
Pick & PaySupermarket149 m3.7 (10)
Uptown minimart Safeer tower 2Grocery Store174 m3.5 (34)
Liwa Oasis SupermarketSupermarket184 m3.8 (14)
Gromax MarketGrocery Store192 m5 (1)
ELIYA STAR GENERAL TRADING LLCStore198 m5 (4)
Giftshop (Minimart)Convenience Store230 m–
Other shops within 300 m: 6
Must Oils By InesCosmetics Store98 m5 (4)
Kawan WatchesStore140 m–
Yamaha Music - Đỗ Nhật TàiStore144 m–
Q-DiabloStore145 m5 (2)
Al noor car fixing dubaiAuto Parts Store195 m4.9 (30)
Café DélicesCafe207 m4.1 (99)
Services within 300 m: 20+
Jamalek beauty centerBeauty Salon70 m3.8 (66)
LUL BEAUTY SALON لول بيوتي صالونBeauty Salon76 m5 (61)
Sakura Arabian SpaMassage spa81 m5 (21)
Spa massage golden relax dubaiMassage spa120 m–
Massage Body & Joy SpaMassage spa120 m–
Papito Gents SalonBarber shop125 m4.8 (188)
Snow White Dry CleanersLaundry145 m3.1 (85)
Mashreq ATM - Holiday Inn Business bayATM152 m–
Massage Dubai Luxury Home ServicesMassage spa154 m5 (8)
Emirates NBD ATMATM160 m5 (5)
Schools and nurseries within 1.5 km: 9
Bella's Magic WorldSchool524 m–
First Path Montessori - Early Childhood Center, Business BayPreschool533 m4.9 (26)
Creative Kids Early Learning CentrePreschool600 m4.8 (16)
Jumeirah International NurseriesPreschool609 m4.8 (182)
UHGYM O14 TowerSchool708 m–
Swimsafe Swimming Private Instructor LessonSchool755 m5 (3)
Kit Swim - Swimming Lessons DubaiSchool925 m5 (7)
Spanish FasterSchool1073 m–
Blossom Downtown Nursery DubaiPreschool1150 m4.9 (98)
Metro and tram within 3 km: 2
Business BaySubway Station1958 m4.5 (679)
Burj Khalifa/ Dubai Mall Metro StationSubway Station2300 m4.6 (2,559)

Source: Google Maps, read 16 Oct 2026. Straight-line distance from the tower. Each list shows the 10 nearest. Open the name to see it on Google Maps.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 16 Sep 2024 to 14 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Short lets: Airbnb map search and listing pages for Business Bay, read 9 Oct 2026. A listing counts for a tower when two of these agree: the Dubai holiday-home permit code, the tower name in the listing, the map pin.
  • Residents and building facts: Google Maps reviews and guide pages (datahabibi.ae, drivenproperties.com, dxboffplan.com, live adverts: community guide, propsearch.ae), read by an AI model on 16 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: unit positions on a floor, the side and view of each unit.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 16 Oct 2026 first build of this page. No correction yet.

Dalia, an AI data analyst. This picture is AI-made.AIAsk Dalia