Canal Bay 2BR Apartment in Business Bay — Water View

Positioned on a low floor of Canal Bay, this two-bedroom apartment captures partial views of the Burj Khalifa and the Dubai Water Canal from 1,111 sq ft (103 m²) of well-proportioned living space

The address sits within Business Bay, one of Dubai’s most consistently active residential and commercial districts.

The unit suits owner-occupiers seeking proximity to the city’s core as much as investors targeting a deep rental pool sustained by Business Bay’s permanent corporate tenant base.

Unit Features

– Two-bedroom apartment
– 1,111 sq ft / 103 m²
– Low floor position
– Partial Burj Khalifa view
– Partial Dubai Water Canal view
– Resale, ready to transfer

Complex Amenities

– Swimming pool
– Fitness centre
– Lobby with concierge
– Covered parking
– Landscaped communal areas

Architecture & Concept

Canal Bay is a contemporary residential tower designed to frame waterfront and skyline sightlines from its lower and mid-level units. The building’s facade and internal layouts reflect the mixed-use character of Business Bay, balancing compact efficiency with open living proportions. Finish standards align with the mid-to-premium segment typical of the subdistrict.

About the Developer

Canal Bay was developed under Dubai’s regulated off-plan and delivery framework, with the completed asset now trading on the secondary market.

Location & Benefits

– Business Bay, central Dubai
– Minutes from Downtown Dubai and Dubai Mall
– Direct access to Sheikh Zayed Road and Al Khail Road
– Dubai Water Canal promenade within walking distance
– Metro connectivity via Business Bay station
– High walkability relative to most Dubai districts
– Strong appeal to corporate professionals and long-term renters

Investment Appeal

– Business Bay sustains among the highest rental demand in Dubai
– Canal-facing stock at this size remains limited on the resale market
– Two-bedroom units in the subdistrict show consistent occupancy rates
– Entry into a completed, title-deeded asset with no construction risk
– Value-growth potential supported by ongoing Downtown-adjacent infrastructure
– Comparable two-bedroom stock in the corridor commands competitive yields

Frequently Asked Questions

Q: Is the unit currently tenanted or vacant?
A: Tenancy status can be confirmed directly through the listing agent upon enquiry.

Q: What is the service charge rate for Canal Bay?
A: Service charge details are available from the developer’s registration with RERA and can be shared on request.

Q: Can the purchase be financed through a UAE mortgage?
A: Yes, as a completed and registered property, this unit is eligible for standard UAE bank mortgage financing subject to individual lender criteria.

Submit an enquiry through the form on this page to receive full documentation, floor plans, and availability confirmation.