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Projects·Dubai·Business Bay Second Part 7
Canal Bay by Ned, apartments in Business Bay Second Part 7, Dubai, by Ellington Properties
Under ConstructionApartments

Canal Bay by Ned

Business Bay Second Part 7 · Dubai · by Ellington Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 2.3M
entry price
Bedrooms
1BR-3BR
Apartments
Handover
Q3 2026
Under Construction
Price per sqft
AED 4,200
/sqft

Canal Bay by NED Properties is an 18-story apartment building consisting of three and two-bedroom apartments in 7 different layouts - offering majestic views of Burj Khalifa and Dubai Canal. Indulge yourself with breathtaking views of Burj Khalifa and Dubai Canal in the comfort of your home with NED’s latest development. Located in Business Bay, this brand new - ready for occupancy apartment building features state-of-the-art amenities and well-polished and elegantly crafted interior designs. Canal Bay offers a modern and luxurious living space for you and your loved ones.

Payment structure
Plan on request
Modelled on entry price AED 2.3M
Booking / down payment20% · AED 460,000
During construction60% · AED 1,380,000
On handover20% · AED 460,000

Developer payment plan, confirm current terms with our desk. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Canal Bay by Ned: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 460,000
DLD fee4%
AED 92,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 556,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Business Bay Second Part 7 · Dubai
Open in Google Maps →
EL
Developer
Ellington Properties
Tier 2 developer · Design-led developer; delivered the Belgravia series, DT1, Wilton Park Residences and other projects since 2014, with expansion beyond Dubai · since 2014
Track record →
Same set · Dubai

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