Bedroom typeBusiness Bay

2-bed apartments in Canal Bay

Two-beds in Business Bay. 41 two-beds sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · 2-bedsUpdated 23 October 2026
Typical price per sqftAED 2,064Up 0.4% on the year
Typical saleAED 2.33M41 sales
Typical rentAED 130K /yrAED 106 per sqft
Typical yield5.1%gross, before service charges

About the two-beds in Canal Bay

Canal Bay has 102 two-beds, 86% of its 118 apartments, at 1,100 to 4,970 sqft. They are the most traded homes in the building: 41 of the 43 sales registered in the last 12 months were two-beds.

41 two-beds sold in the 12 months to October 2026, at a median of AED 2,064 per sqft, up 0.4% on the year before. The median sale was AED 2,330,000, from AED 1,977,000 to 2,850,000, against a median of AED 2,064 per sqft for the building as a whole. 38 contracts registered over the same 12 months rented them for AED 75,000 to 190,000 a year, a gross yield of about 5.1% before the service charge.

2-beds
102
Share of building
86%
Size
1,100–4,970 sqft
Last sale
17 September 2026
Building
Canal Bay

Business Bay, Dubai

Average prices in Canal Bay

Two-beds in Canal Bay sell for around AED 2,330,000, or AED 2,064 per sqft, close to the building average. The other types: AED 3,410,000 for three-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

2-bed price history in Canal Bay

1,6001,8002,0002,200May 2026Nov 20262025-11-11: AED 1,630, 2-bed, 1,364 sqft2025-11-11: AED 2,212, 2-bed, 1,112 sqft2025-11-13: AED 1,756, 2-bed, 1,326 sqft2025-11-18: AED 2,064, 2-bed, 1,100 sqft2025-11-26: AED 2,158, 2-bed, 1,112 sqft2025-12-04: AED 1,657, 2-bed, 1,327 sqft2025-12-05: AED 2,100, 2-bed, 1,100 sqft2025-12-05: AED 2,164, 2-bed, 1,100 sqft2025-12-08: AED 2,082, 2-bed, 1,100 sqft2025-12-08: AED 1,779, 2-bed, 1,326 sqft2025-12-08: AED 1,830, 2-bed, 1,327 sqft2025-12-08: AED 2,275, 2-bed, 1,112 sqft2025-12-08: AED 2,139, 2-bed, 1,264 sqft2025-12-08: AED 2,259, 2-bed, 1,228 sqft2025-12-09: AED 1,740, 2-bed, 1,264 sqft2025-12-10: AED 2,118, 2-bed, 1,100 sqft2025-12-26: AED 2,198, 2-bed, 1,228 sqft2026-01-07: AED 2,214, 2-bed, 1,264 sqft2026-01-15: AED 2,100, 2-bed, 1,100 sqft2026-01-21: AED 1,696, 2-bed, 1,326 sqft2026-01-22: AED 2,082, 2-bed, 1,100 sqft2026-01-22: AED 2,176, 2-bed, 1,112 sqft2026-01-23: AED 2,320, 2-bed, 1,228 sqft2026-02-02: AED 2,046, 2-bed, 1,100 sqft2026-02-02: AED 2,064, 2-bed, 1,100 sqft2026-02-02: AED 1,741, 2-bed, 1,326 sqft2026-02-12: AED 1,763, 2-bed, 1,327 sqft2026-02-19: AED 1,748, 2-bed, 1,327 sqft2026-02-20: AED 2,023, 2-bed, 1,100 sqft2026-03-02: AED 2,046, 2-bed, 1,100 sqft2026-04-14: AED 2,194, 2-bed, 1,112 sqft2026-04-14: AED 2,238, 2-bed, 1,228 sqft2026-04-17: AED 2,082, 2-bed, 1,100 sqft2026-04-21: AED 1,909, 2-bed, 1,100 sqft2026-04-29: AED 1,711, 2-bed, 1,326 sqft2026-05-11: AED 1,937, 2-bed, 1,264 sqft2026-05-13: AED 1,734, 2-bed, 1,326 sqft2026-06-19: AED 1,778, 2-bed, 1,112 sqft2026-07-29: AED 2,135, 2-bed, 1,264 sqft2026-09-17: AED 1,846, 2-bed, 1,327 sqft2026-09-17: AED 2,056, 2-bed, 1,264 sqftTrend: AED 2,018 to AED 1,940

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

2-bed transactions in Canal Bay

  • Completed2-bed · 1,327 sqft 17 Sep 2026AED 2,450,0001,846 /sqft
  • Completed2-bed · 1,264 sqft 17 Sep 2026AED 2,600,0002,057 /sqft
  • Completed2-bed · 1,264 sqft 29 Jul 2026AED 2,700,0002,136 /sqft
  • Completed2-bed · 1,111 sqft 19 Jun 2026AED 1,977,0001,778 /sqft
  • Completed2-bed · 1,326 sqft 13 May 2026AED 2,300,0001,734 /sqft
  • Completed2-bed · 1,264 sqft 11 May 2026AED 2,450,0001,938 /sqft
  • Completed2-bed · 1,326 sqft 29 Apr 2026AED 2,270,0001,712 /sqft
  • Completed2-bed · 1,099 sqft 21 Apr 2026AED 2,100,0001,910 /sqft
  • Completed2-bed · 1,099 sqft 17 Apr 2026AED 2,290,0002,082 /sqft
  • Completed2-bed · 1,111 sqft 14 Apr 2026AED 2,440,0002,195 /sqft

Over the last 12 months, Canal Bay has recorded 41 two-bed sales. Typical homes sold for around AED 2.33M (about AED 2,064 per sqft) with a median size of 1,228 sqft, from roughly AED 1.98M to AED 2.85M.

1–10 of 109

2-bed apartments in Canal Bay

102 units
  • Unit 1032-bed · 4,970 sqftSold AED 2.8M, Jan 2025
  • Unit 1042-bed · 2,225 sqftSold AED 2.5M, May 2025
  • Unit 1052-bed · 1,901 sqftSold AED 2.4M, Mar 2025
  • Unit 1062-bed · 1,364 sqftSold AED 2.23M, Nov 2025
  • Unit 2012-bed · 1,264 sqftSold AED 2.55M, Sep 2025
  • Unit 2032-bed · 1,228 sqftSold AED 2.62M, Aug 2025
  • Unit 2042-bed · 1,112 sqftSold AED 2.4M, Nov 2025
  • Unit 2052-bed · 1,327 sqftSold AED 2.3M, Sep 2025
  • Unit 2062-bed · 1,326 sqftSold AED 2.23M, Jul 2025
  • Unit 2072-bed · 1,100 sqftSold AED 2.23M, Feb 2026
1–10 of 102
Every unit in Canal Bay, by number

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
Mayfair ResidencyAED 1,4527.3%
Binghatti SkyhallAED 2,4236.3%
Mayfair TowerAED 1,3947.9%
Rove Home Marasi DriveAED 3,301
Safeer Tower 2AED 1,4866.7%
1–5 of 186 · nearest first

Canal Bay 2-beds in numbers

  • Across 41 DLD sales in the 12 months to October 2026, the median price in 2-bed apartments in Canal Bay was AED 2,064 per sqft and the typical home sold for about AED 2.33M.
  • 18 floors of two-beds to three-beds.
  • Two-beds of 1,100 to 4,970 sqft sold for AED 1,977,000 to 2,850,000 between November 2025 and September 2026, a median AED 2,064 per sqft.
  • A two-bed of 1,100 to 4,970 sqft rents for AED 75,000 to 190,000 a year on the 38 contracts registered in the last 12 months.
  • Gross rental yield 5.1%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 23 October 2026.

Questions

How much does a two-bed in Canal Bay cost?

41 two-beds sold in the 12 months to October 2026, for AED 1,977,000 to 2,850,000; the median was AED 2,330,000, or AED 2,064 per sqft.

How much is a two-bed for rent in Canal Bay?

About AED 130,000 a year: that is the median of the 38 contracts for two-beds registered with Ejari in the 12 months to October 2026, from AED 75,000 to 190,000.

What is the rental yield in Canal Bay?

About 5.1% gross for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Canal Bay gone up?

The median price per sqft rose from about AED 2,056 to AED 2,064 over the 12 months to October 2026, up 0.4%, on 41 sales against 66 the year before.

How many two-beds are there in Canal Bay?

102, of 1,100 to 4,970 sqft, 86% of the building's 118 apartments.

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