Developer: NED AL GHURAIR · Business Bay

Canal Bay

Canal Bay is a residential project by NED AL GHURAIR in Business Bay, Dubai, with prices from AED 2 225 000.

Price fromAED 2 225 000

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Canal Bay

About the project

Canal Bay is an exciting new residential project by NED AL GHURAIR, set in the community of Business Bay. With breathtaking views of the Burj Khalifa and Dubai Canal, this project offers a unique living experience.

About Canal Bay

Canal Bay is being developed by NED AL GHURAIR, a renowned name in the real estate industry. Located in the heart of Business Bay, this project promises a modern urban lifestyle with spectacular views of the Burj Khalifa and Dubai Canal. The development consists of high-rise residential buildings designed to offer a comfortable and convenient living experience.

Apartment Options

Canal Bay offers a selection of two and three-bedroom apartments, suited to living needs. The two-bedroom units range from 1002 to 1100 square feet, while the three-bedroom options span 1266 to 1449 square feet. Prices start from AED 2,225,000, making these residences an attractive option for families and professionals looking for spacious living in a prime location.

Amenities and Surroundings

Residents of Canal Bay will enjoy a range of amenities including a fitness centre, swimming pool, and both indoor and outdoor play areas. The location offers easy access to key attractions, with Burj Khalifa and Dubai Mall just 10 minutes away. Dubai International Airport is 15 minutes by car, while Palm Jumeirah, City Walk, and the World Trade Center are all within a short drive, enhancing the appeal of this central location.

Buying Process

The developer has not published a payment plan yet for Canal Bay. Potential buyers are encouraged to keep in touch for updates on payment options and the anticipated handover date. This transparency ensures that buyers can make informed decisions when considering their investment in this promising new development.

Floor plans, the current price list and the payment plan for this project are available on request. Contact a Continental Club Property broker (RERA 31933) to check availability and book a viewing.

Service charge, 2026

Approved rate18.30 AED▲ +6.1% per sq ft per year · 197 AED/m²
General / reserve fund17.28 / 1.02AED/sq ft · additional 1,087.45
vs Business Bay median▼ -8.4%median 19.97 · rank 25/82
A 1,000 sq ft unit≈ 18,300 AEDper year · ≈ $4,983

Managed by Kaizen Owner Association Management Services · budget 1 Jan 2026 — 31 Dec 2026

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “Canal Bay”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Where is Canal Bay located?
Canal Bay is located in Business Bay, Dubai. The project is developed by NED AL GHURAIR.
Who is the developer of Canal Bay?
NED AL GHURAIR is the developer behind this project.
How much does an apartment in Canal Bay cost?
Prices start from AED 2 225 000. Contact our broker via the form on this page for exact pricing and available layouts.
What is the handover date of Canal Bay?
The expected handover date is Under Construction.
How can I buy an apartment in Canal Bay?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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We will send floor plans, the payment plan and available units for this project.

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Project data comes from the Dubai Land Department (DLD) registry.

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