![image of Al Habtoor Tower by Al Habtoor Group, Dubai,Business Bay,Al Habtoor City,Al Habtoor Tower — [1]](https://new-projects-media.propertyfinder.com/project/f74891b0-33d1-4ac9-a268-f70e2a211959/gallery/image/e3XsT29MXAb55XI32GqWHtWgmkh_McAMZZ1hbXNMlWQ=/medium.webp "Al Habtoor Tower")
From: 2.4M AED
Dubai,Business Bay,Al Habtoor City,Al Habtoor Tower
Canal Bay
Launch price 2.2M AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.
Developer
NED
Key information
- Delivery date
December 2024
- Location
- Number of buildings
- Property types
Apartment
- Government fee
4%
- Ownership type
Freehold
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Project timeline
Project announcement
Expected Completion
About the project
Canal Bay, created by NED PROPERTIES, is poised to reinvent upmarket urban living in Dubai. This amazing 18-story tower exemplifies modernity and elegance. Canal Bay is strategically positioned in Business Bay, one of Dubai's most prominent areas, and provides homeowners with stunning views of the iconic Burj Khalifa and the tranquil Dubai Canal. This new building aims to provide a unique living experience for people seeking both vitality and quiet in the center of the city.
Prime location
Business Bay is a thriving community recognized for its high-energy lifestyle and cutting-edge amenities. While it is mostly a business location, it also houses hotel towers, trendy eateries, and beautiful residential complexes. Living in Business Bay means you're never far from the activity, with music festivals, Mother's Day celebrations, and New Year's Eve activities illuminating the neighborhood.
Benefits of living in Business Bay
Proximity to Essentials: Close to foreign schools, medical facilities, and groceries.
Convenient Access: Banks and financial hubs are easily accessible.
Vibrant Community: A variety of events and activities add to the neighborhood's lively atmosphere.
Modern Conveniences: A higher standard of living with many conveniences around.
Canal Bay's Unique Features
Canal Bay is more than just an architectural marvel; it's a lifestyle destination. Each of the 18 storeys is precisely planned to provide contemporary living areas that cater to a variety of tastes. The development's innovative design and high-quality finishes establish new standards for luxury living.
Key features
Overlooks the Burj Khalifa and the Dubai Canal, offering breathtaking views.
Modern architecture combines modern design and utility.
High-Quality Finishes: Made from quality materials for maximum comfort and style.
Housing Options
Canal Bay has a variety of apartments intended to fit diverse lifestyles. Canal Bay provides something for everyone, whether you want a dynamic urban setting or a relaxing hideaway. The apartments come in a variety of arrangements, assuring a perfect fit for each renter.
Available unit types
- 2 Bedroom Apartments: Starting at from 1,099 to 1,327 sqft.
- 3 Bedroom Apartments: Starting at 1,449 sqft.
Amenities and Services
- Canal Bay residents have access to a variety of amenities that are meant to improve their quality of life. From fully equipped kitchens with modern equipment to large layouts, each unit is meticulously designed to provide convenience and luxury.
- Amenities include advanced kitchen appliances.
- Premium finishes and fixtures.
- Access to gyms and swimming pools.
- Parking facilities are secure.
- Entertainment and Lifestyle Offerings
- Canal Bay is more than just a place to live; it's a place to live your best life. The complex is bordered by some of the best entertainment and dining options in Dubai. There is something for everyone, whether you want a gourmet dinner or just a cup of coffee.
- Local entertainment and dining options include trendy cafes and high-end restaurants.
Starting Price and Delivery Date
- Starting Price is 2225000 AED.
- Delivery Date is Q4-2024.
Canal Bay by NED PROPERTIES is more than just another residential tower; it is a lifestyle choice for individuals who value elegance, convenience, and stunning views. Canal Bay is destined to become one of Dubai's most desirable addresses, thanks to its ideal position in Business Bay and a diverse range of expertly constructed units.
Canal Bay masterplan
![image of Canal Bay by NED, Dubai,Business Bay,Canal Bay — [1]](https://new-projects-media.propertyfinder.com/project/63544b87-5d75-4932-b9bf-5eaf4afcd9f7/master_plan/image/63RTwoQf0nrtIFm8oZ-2_FJFA_HGLec6XMsRBTWXWLs=/original.webp "image of Canal Bay by NED, Dubai,Business Bay,Canal Bay — [1]")
Canal Bay by NED offers an unparalleled living experience in the prestigious Business Bay district of Dubai. This modern residential development seamlessly blends high-end luxury with vibrant city living. With its prime location along the Dubai Canal, Canal Bay provides residents with panoramic water views, spacious interiors, and a collection of stylish apartments designed for ultimate comfort. The development features sleek, contemporary architecture that captures the essence of Dubai’s fast-paced, cosmopolitan lifestyle. Residents can enjoy easy access to the city’s business, entertainment, and retail hubs, with iconic landmarks such as the Burj Khalifa and The Dubai Mall just minutes away. Whether you're looking for a chic urban retreat or a dynamic environment to complement your work-life balance, Canal Bay offers a sophisticated and connected living experience.
Key Features
Location
- 5 Minutes to Burj Khalifa
- 7 Minutes to The Dubai Mall
- 10 Minutes to Dubai Opera
- 15 Minutes to Dubai International Airport
Amenities
- Infinity Pool
- Fully Equipped Gym
- Waterfront Promenade
- Lounge Area
Location
Living in Business Bay
About Business Bay
Learn moreBusiness Bay features 391 buildings. Average sale prices have increased by 11.0% YoY, with 9,043 sale transactions recorded over the past 12 months.
- Properties Listed6,680
- Avg. Price2.9M AED
- Price range415.5K - 550M
3.75 Reviews
Score Breakdown
- Abhi S.
I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.
- Samson P.
Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views
- Rishab B.
Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.
- Ajmal S.
One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.
- Huda N.
Amazing
Amenities
- • CCTV Security
- • Gymnasium
- • Shared Pool
- • Children's Play Area
- • Barbecue Area
Units
from developer
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type 1 | 1,264 | 3 | |
| Type 3 | 1,228 | 3 | |
| Type 4 | 1,111 | 3 | |
| Type 7 | 1,099 | 3 | |
| Type 5 | 1,327 | 3 | |
| Type 6 | 1,326 | 3 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type 2 | 1,449 | 3 |
available in this project.
Sold history for Canal Bay
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| 2 bed apartment | 1,977,000 | 1,112 | 19 Jun 2026 |
| 3 bed apartment | 3,500,000 | 1,449 | 30 Jan 2026 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
This project might be sold out. Contact an agency for more information or similar projects.