Apartment for Sale in Business Bay by NED Properties

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Ready to Move

Canal Bay

NED Properties
Canal Bay, Business Bay, Dubai
Apartment
100% Completed

About Property

Experience Unrivaled Luxury at Canal Bay, Business Bay, Dubai

Discover the epitome of sophisticated living at Canal Bay, a premier residential destination nestled in the heart of Business Bay, Dubai. Offering breathtaking vistas and unparalleled convenience, Canal Bay presents an exceptional opportunity to embrace the vibrant Dubai lifestyle. Imagine waking up to panoramic views of two of Dubai's most iconic landmarks: the majestic Burj Khalifa skyscraper and the shimmering Dubai Canal. These awe-inspiring views will become a daily source of inspiration, reminding you of the city's dynamism and beauty.

Canal Bay is meticulously designed to cater to diverse lifestyles, offering a range of thoughtfully crafted apartments. Choose from a selection of spacious layouts, including luxurious two- and three-bedroom apartments, available in seven distinct configurations. Each residence is crafted with the utmost attention to detail, utilizing only the highest quality materials and finishes. Experience the perfect blend of comfort, style, and elegance in your new home.

Key Features and Amenities:

  • Prime Location: Situated in the coveted Business Bay, providing easy access to key destinations and attractions.
  • Stunning Views: Enjoy unparalleled views of the Burj Khalifa and Dubai Canal.
  • Spacious Apartments: Choose from a variety of layouts to suit your needs, including 2 and 3 bedroom options.
  • High-Quality Finishes: Experience luxury and comfort with premium materials and impeccable craftsmanship.
  • Family-Friendly: Dedicated Kids Play Area ensuring a fun and safe environment for children.

Whether you seek an active urban lifestyle or a tranquil retreat with unparalleled views, Canal Bay offers the perfect blend. Embrace a life of luxury, convenience, and breathtaking beauty in the heart of Dubai.

Price Range: Apartments at Canal Bay are available from 2,225,000 AED to 2,720,000 AED. Don't miss this opportunity to own a piece of paradise in one of Dubai's most sought-after locations. Contact us today to learn more and schedule a viewing!

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Amenities

Kids Play Area
Kids Play Area

Location

Canal Bay, Business Bay, Dubai

Expected ROI

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Layouts and Prices

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Photos

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Project presentation
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Finishing examples

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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$600,750.00Onwards