PropertyIndex

Canal Bay

136 units · 1 tower

Canal Bay is a development in Business Bay, comprising 136 registered units. 122 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,031 per sqft. At AED 2,031 per sqft, Canal Bay prices 21% below the Business Bay median of AED 2,575 per sqft on registered sales.

PIX© price · ↑1.6% YoY
2.67MAED
Typical
2,031AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
122
DLD · all time
Rent contracts
69
Ejari · all time
Exclusive to PropertyIndex©

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.

Floor
Units on floor 9
…

2 Bed on Floor 9, Canal Bay

Size
Record
Sep 2025 to Jun 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 319 Jun 20264 mo
Current owner
1Tenant 11 Mar 20264 mo
Ended early
Owner 2
2Owner 225 Sep 20259 mo
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 9 · Canal Bay
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
Canal Bay

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
113 - 3,326 sqft
1362.67M2,031↑1.6%135K5.0%
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-----
Sales - Project-Wide122 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
17 Sep 20262 BedCanal Bay · Floor 81,2642,600,0002,057-StandardStandard Sale
17 Sep 20262 BedCanal Bay · Floor 51,3272,450,0001,846-StandardPayment Plan Sale
29 Jul 20262 BedCanal Bay · Floor 71,2642,700,0002,136-StandardPayment Plan Sale
Rentals - Project-Wide69 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
23 Oct 20262 BedCanal Bay · Floor 81,264140,000111-StandardCONTRACT
21 Oct 20262 BedCanal Bay · Floor 91,326110,00083-Entry LevelCERTIFICATE
13 Oct 20263 BedCanal Bay · Floor 171,449195,000135-StandardCONTRACT

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.

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 2,031 per sqft, or about AED 2,670,986 for a typical unit, based on 122 sales registered with the Dubai Land Department.

What is the rental yield in Canal Bay?

Canal Bay yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 69 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 +1.6% over the last 12 months, to AED 2,031, across 122 registered sales.