
Canal Bay
Business Bay
- Starting price
- AED 2,270,000
- Status
- Off-plan
- Property Type
- Apartment
Canal Bay
Canal Bay by NED is a sophisticated waterfront residential development located in the heart of Business Bay, Dubai’s dynamic business and lifestyle district. Overlooking the picturesque Dubai Water Canal, the project offers a blend of luxury, convenience, and modern urban living. The development features elegantly designed apartments with spacious layouts, high-end finishes, and expansive windows that capture stunning canal and skyline views. Residents of Canal Bay will enjoy a premium lifestyle with a curated selection of amenities including a state-of-the-art gym, swimming pool, landscaped terraces, and dedicated retail spaces on the podium level. The prime location ensures excellent connectivity to Downtown Dubai, Sheikh Zayed Road, and DIFC, making it ideal for professionals and investors alike. With its strategic positioning and upscale offerings, Canal Bay by NED is poised to be a landmark address in Business Bay.
Amenities & Features
- Security
- Central A/C
- Shared Pool
Location
Exceptional connectivity in Business Bay
The best yield-per-postcode trade in central Dubai: walking distance to Downtown at a materially lower entry, with a professional tenant base that renews. Heavy new supply along the canal is the thing to watch — stock selection matters more here than in any other central district.
- 5 min—Downtown Dubai
- 10 min—Dubai Creek Harbour
- 15 min—Dubai Hills Mall
- 15 min—Mall of the Emirates
- 15 min—Dubai International Airport (DXB)
Approximate drive times, estimated from the project’s location.
Begin your property journey with us
Speak to an off-plan specialist about this project — no obligation.
- Unit availability and launch pricing
- Payment plan and handover guidance
- Golden Visa eligibility advice
Frequently Asked Questions
Where is the location of Canal Bay?+
Canal Bay is located in Business Bay. Visit Canal Bay location map.
What is the starting price for properties in Canal Bay?+
Price start from 2,270,000.
What are the available amenities in Canal Bay?+
CCTV Cameras, Central A/C, Children Play Area, Landmark View, Lobby in Building, Security, Shared Pool
What are the available views in Canal Bay?+
Community View
What are the nearby schools to Canal Bay?+
Al Ittihad Private School (Br), Al Rashid Al Saleh Private School, Al Shurooq Private School, Ambassador International Academy L.L.C, Ambassador School, Bc Academy International School L.L.C, Bilingual French International School L.L.C-Fz, Clarion School L.L.C, Collegiate International School, Credence High School L.L.C, Dewa Academy, Dewvale School L.L.C, Dubai British School Mira, Dubai English Speaking School, Dubai Gem Private School, Dubai International Private School - Br, English Language Private School, Gems International School Al Khail L.L.C, Gems Jumeira Primary School - Dubai Branch, Gems New Millennium School L.L.C, Gems Our Own Indian School, Gems Wellington Academy Al Khail L.L.C, Glendale International School Llc, Global Indian International School L.L.C, Harrow International School L.L.C, Hartland International School - Fz, Himayah School For Education Girls - Al Karama, Horizons English School L.L.C, Iranian Towheed Boys School, Jss Private School L.L.C, Japanese School, Jebel Ali School (Br Of Taaleem Management (L L C)), Jumeira Baccalaureate School, Jumeirah College, Jumeirah English Speaking School, Lycee Francais International, Lycee Francais International Georges Pompidou School Oud Metha, Lycee Francais Jean Mermoz L.L.C, New Academy School, North London Collegiate School Middle East L.L.C - Fz, Oak Tree Primary School, Pakistan Education Academy, Rashid And Latifa School, St. Mary Catholic High School - Dubai, Safa British School, Springdales School L.L.C, Swiss International Scientific School Fz-Llc, The Apple International Community School, The English College Dubai L.L.C, The Indian High School
Who are the top agents to sell, list, and rent in Canal Bay?+
Ahmed Eltayeb Rashed Mekki Mohieldin, Aleli Alo, Amanda Camille Mariani, Ammar Ahmad, Ariba Farooq Ahmed, Arshad Shaik, Aslan Mammadov, Ayaz Ali, Aymon Ansari, Charrada Yosr, Dania Allawi, Darine Alyamani, Elena Hammoud, Eugene Mbom Mbom, Fairodz Abas Musali, Hady Yassien, Hafiz Muhammad Mudassir, Hayel Akel, Hirra Javed Naqvi, Insha Ulla Khan, Jehad Azzam Aljoudi, Joud Alyuzbashi, Kais Ben Aribia, Linnea Petersson, Mahmoud Hamzeh, Mayas Al Sofi, Mina Hanine, Miss Rujira Rungrat, Mitesh Arora, Mohammad Jarrar, Morten Hvitfeldt R Jorgensen, Nadeem Yelukar, Najat Abtal, Nathalie Donfack Tsueti, Negin Shamloomahmoudi, Osman Sillah, Reem Alateky, Ryad Bouchemoua, Saad Bin Abdul Aleem, Sabrin Shita, Sameer Farooq, Sasha Moussy, Shadi Hashempoor, Shadie El Tahrawi, Shiela Marie Duran, Talal Alkatabi, Talita Teixeira, Tammam Khadijah, Vimbainashe Ruzvidzo, Wejdene Soli, Yana Virt, Youssouf Ngouh Njikam
Is Canal Bay good investment in Dubai?+
We are yet to publish the investment study of Canal Bay. In the meantime, please feel free to contact on of our top property consultants.
Is Canal Bay Dubai a good place to live?+
.
Who is the developer or owner of Canal Bay Dubai?+
The developer or owner of Canal Bay Dubai is Ned Properties .
When is the delivery or completion date of Canal Bay in Dubai?+
To be announced.
Golden Visa Checker
10-year residency eligibility
Likely eligible for the 10-year Golden Visa property route.
AED 2,000,000 is the widely-cited threshold — confirm current ICP/DLD rules before relying on this.
Rental Yield Calculator
Gross & net return on investment
Gross yield
4.4%
Net yield
3.3%
Net of service charge (AED 12,000/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 77,000/yr.


