OffplanProperties
Off-PlanHandover 31 Dec 2024Completed

Canal Bay

Dubai, Business Bay

Starting From

AED 2.2M

Brochure
Canal Bay

BEDROOMS

2 - 3 Beds

SIZE FROM

1,099 sqft

PROPERTY TYPE

Apartments

HANDOVER

31 Dec 2024

Property Overview

Canal Bay, an exquisite 18-story architectural masterpiece by NED PROPERTIES, is set to redefine luxury urban living in Dubai. Strategically positioned in the vibrant heart of Business Bay, this landmark development offers discerning residents unparalleled elegance, modern convenience, and breathtaking panoramic vistas of the iconic Burj Khalifa and the serene Dubai Canal. Scheduled for delivery by the end of 2024, Canal Bay presents a unique opportunity to own a piece of Dubai's most dynamic waterfront. Business Bay stands as Dubai's premier district for both commerce and elevated living. Renowned for its energetic atmosphere and cutting-edge infrastructure, it seamlessly blends corporate prowess with sophisticated residential offerings. Living here means being at the epicentre of Dubai's cultural pulse, with world-class events, trendy eateries, and high-end retail just moments away. The unparalleled connectivity ensures swift access to international schools, top-tier medical facilities, comprehensive retail options, and major financial hubs, making everyday living effortlessly luxurious. Canal Bay is more than just a residence; it's a meticulously crafted lifestyle destination. Each of its 18 floors reflects a commitment to innovative design and superior craftsmanship, presenting contemporary living spaces that exude comfort and style. From the moment you step in, the high-quality finishes and premium materials used throughout the development underscore a standard of luxury that sets new benchmarks. Available as sophisticated 2-bedroom apartments (ranging from 102 to 123 sqm) and expansive 3-bedroom residences (135 sqm), Canal Bay caters to diverse preferences, offering a perfect blend of dynamism and tranquil retreat. Residents of Canal Bay are privy to an array of world-class amenities designed to elevate their well-being. Each apartment boasts fully equipped kitchens with advanced appliances and premium fixtures, ensuring a seamless culinary experience. Beyond the private sanctuaries, the development features state-of-the-art gymnasiums for fitness enthusiasts, invigorating shared swimming pools for relaxation, a dedicated children's play area, and a stylish barbecue zone perfect for social gatherings. With secure parking facilities, CCTV security, and proximity to Dubai's finest entertainment and dining establishments, peace of mind and an enriched lifestyle are paramount. Starting from AED 2,225,000, Canal Bay represents an exceptional investment opportunity in Dubai's thriving real estate market. Its prime Business Bay location, coupled with the developer's reputation for quality, promises significant appreciation potential. Immerse yourself in a lifestyle where urban vitality meets waterfront serenity. Canal Bay is not just an address; it's a statement of aspirational living.

Premium Amenities

CCTV Security
Barbecue Area
Children's Play Area
Gymnasium
Shared Pool

Floor Plans & Available Units

Type 1
Type 1

1,264 sqft

AED 2.2M

Type 3
Type 3

1,228 sqft

AED 2.2M

Type 6
Type 6

1,326 sqft

AED 2.2M

Type 4
Type 4

1,111 sqft

AED 2.2M

Type 5
Type 5

1,327 sqft

AED 2.2M

Type 7
Type 7

1,099 sqft

AED 2.2M

Location

Dubai, Business Bay

Interested in this property?

Register your interest to get the full inventory and brochure.

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Developed By

NED

NED

One of Dubai's most reputable real estate development companies.

View all NED projects

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Canal Bay

Frequently Asked Questions about Canal Bay

What is Canal Bay?
Canal Bay is an off-plan development by NED in Business Bay, sold before completion. Unit types, floor plans, pricing and the payment schedule are listed on this page, along with the expected handover date.
What payment plan is available for Canal Bay?
Canal Bay is offered with a developer payment plan, generally a booking deposit followed by construction-linked instalments and a final amount at handover. The payment plan section above shows the exact split for this project.
When is Canal Bay expected to complete?
The expected handover date is shown in the project timeline on this page. Construction progress is tracked against RERA-registered milestones, and payments fall due as those milestones are certified.
Is buying Canal Bay off-plan protected?
Yes. As a RERA-registered project, buyer funds are held in a project escrow account and released to the developer against verified construction progress, rather than paid directly to the developer upfront.
What are the additional costs for Canal Bay?
Beyond the unit price, budget for the 4% Dubai Land Department registration fee and any applicable agency commission. Dubai charges no annual property tax and no capital gains tax on residential property.