Canal Bay
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Canal Bay is an in-progress apartment development in Business Bay. 122 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,111 per sqft. At AED 2,111 per sqft, Canal Bay prices 13% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|
PIX© Core Project-Wide — | 2.69M | 2,111 | ↑5.1% | 130K | 4.8% | |
| Residential | ||||||
2 Bed · Apartment 1,100 – 2,225 sqft | ||||||
3 Bed · Apartment 1,449 – 3,169 sqft | — | — | ||||
| Commercial | ||||||
Shop — | — | — | — | — | — | — |
| Floors | Median PSF |
|---|---|
| All floors | 122 sales |
| Floors 1-6 | 36 sales |
| Floors 7-18 | 86 sales |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 29 Jul 2026 | Floor 7 | 1,264 | 2,700,000 | 2,136 | — | Premium | Payment Plan Sale |
| 19 Jun 2026 | Floor 9 | 1,112 | 1,977,000 | 1,778 | -19.0% | Standard | Payment Plan Sale |
| 13 May 2026 | Floor 5 | 1,326 | 2,300,000 | 1,734 | — | Entry Level | Payment Plan Sale |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Aug 2026 | Floor 10 | 1,112 | 105,000 | 94 | — | Entry Level | new |
| 20 Jul 2026 | Floor 8 | 1,228 | 150,000 | 122 | — | Standard | new |
| 20 Jul 2026 | Floor 8 | 1,228 | 150,000 | 122 | 0.0% | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- Vera TowerAED 2,119/sqft
- Urban LifeAED 2,094/sqft
- 15 NorthsideAED 2,130/sqft
- MAG 318AED 2,078/sqft
- Sobha SapphireAED 2,145/sqft
- J OneAED 2,071/sqft
Common questions about Canal Bay
Answered from Dubai Land Department registered transactions.
How much does a property in Canal Bay cost?
Property in Canal Bay sells at a current PIX© price of AED 2,111 per sqft, or about AED 2,689,018 for a typical unit, based on 122 sales registered with the Dubai Land Department.
When is Canal Bay handing over?
Canal Bay is under construction.
What is the rental yield in Canal Bay?
Canal Bay yields 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 52 registered Ejari contracts.
Have prices in Canal Bay gone up or down?
Price per sqft has risen +5.1% over the last 12 months, to AED 2,111, across 122 registered sales.