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Ask ClaudeCanal Bay is a development in Business Bay, comprising 136 registered units. 120 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,146 per sqft. At AED 2,146 per sqft, Canal Bay prices 18% below the Business Bay median of AED 2,608 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
2 Bed on Floor 9, Canal Bay
- Size
- Record
- Sep 2025 to Jun 2026
- Owners
- 3
- Tenants
- 1
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 3Owner 3 | 19 Jun 2026 | 3 mo | Current owner | |||
| 1Tenant 1 | 1 Mar 2026 | 4 mo | Ended early Owner 2 | |||
| 2Owner 2 | 25 Sep 2025 | 9 mo | ||||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 113 - 3,326 sqft | 136 | 2.76M | 2,146 | ↑5.8% | 140K | 5.1% | |
| Residential | |||||||
2 Bed · Apartment 1,100 - 2,225 sqft | 106 | ||||||
3 Bed · Apartment 1,449 - 3,169 sqft | 18 | - | - | ||||
| Commercial | |||||||
Shop 1,657 - 3,326 sqft | 4 | - | - | - | - | - | - |
Warehouse 113 - 250 sqft | 8 | - | - | - | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 29 Jul 2026 | 2 Bed | Canal Bay · Floor 7 | 1,264 | 2,700,000 | 2,136 | - | Standard | Payment Plan Sale | |
| 19 Jun 2026 | 2 Bed | Canal Bay · Floor 9 | 1,112 | 1,977,000 | 1,778 | -19.0% | Standard | Payment Plan Sale | |
| 13 May 2026 | 2 Bed | Canal Bay · Floor 5 | 1,326 | 2,300,000 | 1,734 | - | Entry Level | Payment Plan Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 15 Sep 2026 | 2 Bed | Canal Bay · Floor 12 | 1,228 | 135,000 | 110 | - | Standard | CERTIFICATE | |
| 15 Sep 2026 | 2 Bed | Canal Bay · Floor 2 | 1,327 | 100,000 | 75 | - | Entry Level | CONTRACT | |
| 9 Sep 2026 | 2 Bed | Canal Bay · Floor 3 | 1,326 | 105,000 | 79 | - | Entry Level | CERTIFICATE |
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.
- Binghatti SkyriseAED 2,205/sqft
- Binghatti Skyrise Tower AAED 2,222/sqft
- Trillionaire ResidencesAED 2,268/sqft
- Peninsula TwoAED 2,310/sqft
- Rove Home Marasi DriveAED 2,423/sqft
- The EdgeAED 2,443/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 2,146 per sqft, or about AED 2,759,146 for a typical unit, based on 120 sales registered with the Dubai Land Department.
What is the rental yield in Canal Bay?
Canal Bay yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 63 registered Ejari contracts.
How many units are in Canal Bay?
Canal Bay holds 136 registered units, per the Dubai Land Department unit register.
Have prices in Canal Bay gone up or down?
Price per sqft has risen +5.8% over the last 12 months, to AED 2,146, across 120 registered sales.