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Off-planBusiness BayNED by Al Ghurair

Canal Bay, Business Bay

Canal Bay in Business Bay, Dubai is an off-plan project from AED 2.3M, handover date to be confirmed, by NED by Al Ghurair. Review 2 Bed across apartments, Contact for latest availability, 7 floor-plan signals, amenities and comparable market evidence before requesting current availability.

Business Bay, Dubai

From price

AED 2.3M

Bedrooms

2 Bed

Size range

1,100 - 1,365 sqft

Median PSF

AED 1,938

Advisor support

Get latest availability / payment plan

Confirm current prices, unit availability, incentives and payment terms before shortlisting.

Community Intelligence

Location and Nearby: Business Bay

Community-level evidence for this project location.

Median sale

AED 30.2M

AED 3,717 / sqft

Recent sales

10,189

1,025 in 3m

Rental benchmark

AED 1.0M

AED 136 / sqft

Off-plan supply

137

tracked projects

About Canal Bay

Canal Bay is tracked by PropertyStellar as an off-plan opportunity in Business Bay, Dubai by NED by Al Ghurair. This page combines project data, unit-type ranges, and community market evidence so investors can review the opportunity before requesting current availability. The visible unit mix covers 2 Bed across apartments.

Developer: NED by Al Ghurair
Unit mix: 2 Bed across apartments
2 unit rows with floor-plan images

Prices and Unit Types

Compare bedroom mix, size and price ranges. Floor-plan buttons appear only where an image is available.

2 unit typesplans available

Apartments

From AED 2.3M

2 Bed

2BR Apartments

Area

1,100 - 1,326 sqft

Price

AED 2.3M-3.0M

3 Bed

3BR Apartments

Area

1,449 sqft

Price

--

Payment Plan

Payment plan pending advisor confirmation.

Pending

Handover and Construction Status

Confirm handover and construction status before booking because developer release schedules and incentives can change.

Handover

TBC

Launch

TBC

Construction status

To verify

Last refreshed

16 Jun 2026

Dubai Land Department

Official Project Status

Not enough verified official data is available yet. We will update this section once the evidence is stronger.

Advisor check

Official status

Advisor check

Review status

To verify

Last inspection

22 Jun 2026

Developer record

mismatch

Area service charge

Business Bay Service-Charge Benchmark

DLD Service Charge Index benchmark from official records available for this community.

Details

Median

AED 19.9/sqft/yr

Average

AED 21/sqft/yr

Range

AED 0.3/sqft/yr - 54/sqft/yr

Records reviewed

79

Service-charge recordYearAED/sqft
Dorchester Collection Dubai - Dorchester Collection Dubai - Business Bay2026AED 54/sqft
Jumeirah Living Business Bay - Business Bay2026AED 40/sqft
Bay Square - 08 - Business Bay2026AED 38/sqft
Bay Square - 09 - Business Bay2026AED 33/sqft

Evidence

Comparable Project Evidence & Trends

Recent project evidence where available, with community benchmark evidence when direct project records are not strong enough yet.

Project-level evidence

Matched sales

238

238 in 12m

Matched median sale

--

-- / sqft

Latest verified sale

TBC

Project-level evidence

Community sales

10,189

1,025 in 3m

Community rent

AED 1.0M

AED 136 / sqft

Period trend series is not available for this community snapshot yet.

Recent Sales

DateBedsTypeSale
19 Jun 20262 BedapartmentAED 2.0M
13 May 20262 BedapartmentAED 2.3M
11 May 20262 BedapartmentAED 2.5M
29 Apr 20262 BedapartmentAED 2.3M
21 Apr 20262 BedapartmentAED 2.1M

Recent Rentals

DateBedsTypeRent
4 Jun 20262 BedapartmentAED 155K
1 Jun 20262 BedapartmentAED 120K
15 May 20262 BedapartmentAED 105K
7 May 20262 BedapartmentAED 140K
7 May 20262 BedapartmentAED 110K

Comparable Projects

Comparable projectFromEvidence

DWTN Residences

Deyaar

AED 2.3MDirect project evidence

Terraces Marasi Drive

Keymavens

AED 2.2MDirect project evidence

Al Habtoor Tower

Al Habtoor Properties LLC

AED 2.6MDirect project evidence

Volta

DAMAC Properties

AED 1.9MDirect project evidence

Marriott Residences (West Five)

Fortune 5

AED 1.8MDirect project evidence

Lifestyle & Amenities

Gym or Health Club
Swimming Pool
Kids Play Area
Data detailscollapsed

Developer

NED by Al Ghurair

Project reference

20355

DLD reference

52

Official status

Advisor check

Service charge

AED 19.9/sqft/yr

Launch

TBC

Handover

TBC

Last refreshed

16 Jun 2026

Transaction scope

Direct project evidence

Internal links

Similar Off-Plan Projects

Frequently asked questions

Off-Plan Project FAQ

What is the starting price of Canal Bay?

Canal Bay starts from AED 2.3M based on the currently available off-plan records.

When is the handover date for Canal Bay?

Contact for latest availability and handover timing.

Who is the developer of Canal Bay?

Canal Bay is listed by NED by Al Ghurair.

What unit types are available at Canal Bay?

Canal Bay currently shows 2 Bed across apartments.

What payment plan is offered for Canal Bay?

Contact for latest availability

What amenities does Canal Bay offer?

Canal Bay amenities include Gym or Health Club, Swimming Pool, Kids Play Area.

Is Canal Bay a good investment?

Review the price and payment plan against market evidence: median project PSF is AED 1,938, 238 verified sales rows, 10,189 community sales in 12 months, community rent benchmark AED 1.0M.

Where is Canal Bay located?

Canal Bay is located in Business Bay, Dubai. Compare it with other off-plan projects in Business Bay and the community intelligence page before shortlisting.

Are floor plans available for Canal Bay?

Canal Bay currently has 7 floor-plan signals in the available records.

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