Building · Business Bay
Properties for sale in Canal Bay
Nothing for sale here with McCone right now — 120 sales are on record at the Dubai Land Department, below.
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2024 at AED 2,049 a square foot, and it has recovered 0% since. It is still 2% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Per sq ft | Sales |
|---|---|---|---|---|
| 2 B/R | 1,264 sqft | 2,400,000 | 2,064 | 104 |
| 3 B/R | 1,449 sqft | 3,150,000 | 2,170 | 16 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Canal Bay
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 29 Jul 2026 | 2 B/R | 1,264 | 2,700,000 | 2,136 |
| 19 Jun 2026 | 2 B/R | 1,112 | 1,977,000 | 1,778 |
| 13 May 2026 | 2 B/R | 1,326 | 2,300,000 | 1,734 |
| 11 May 2026 | 2 B/R | 1,264 | 2,450,000 | 1,938 |
| 29 Apr 2026 | 2 B/R | 1,326 | 2,270,000 | 1,712 |
| 21 Apr 2026 | 2 B/R | 1,100 | 2,100,000 | 1,910 |
| 17 Apr 2026 | 2 B/R | 1,100 | 2,290,000 | 2,082 |
| 15 Apr 2026 | 2 B/R | 1,228 | 2,750,000 | 2,239 |
| 14 Apr 2026 | 2 B/R | 1,112 | 2,440,000 | 2,195 |
| 2 Mar 2026 | 2 B/R | 1,100 | 2,250,000 | 2,046 |
| 19 Feb 2026 | 2 B/R | 1,327 | 2,320,000 | 1,748 |
| 12 Feb 2026 | 2 B/R | 1,327 | 2,340,000 | 1,763 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 120 sales on record, 0 were bought off-plan from the developer and 120 were resales of a finished home. The 2026 bar is part-year.
In context
Where it sits in Business Bay
Canal Bay is the 63rd most expensive of the 107 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 60 | The Paragon by IGO | 40 | 2,119 |
| 61 | Royal Regency | 25 | 2,114 |
| 62 | Reva Residences | 40 | 2,102 |
| 63 | Canal Bay | 63 | 2,082 |
| 64 | VYB | 20 | 2,047 |
| 65 | Binghatti Canal | 30 | 2,043 |
| 66 | SLS Dubai Hotel & Residences | 36 | 2,026 |
Business Bay as a whole: AED 2,574 a square foot across 7,516 sales in the last twelve months.