Dubai Canal
About Dubai Canal
Dubai canal is a 3.2 km long a remarkable waterway, stretches from Creek in Old Dubai to the Arabian Gulf through Business Bay. It’s a man-made canal which construction began in 2013 and ended in 2016. Designed by AE7 Architects and planners. The canal starts from Business Bay into the Persian Gulf through Safa Park and Jumeirah. The width of the canal ranges from 80m (260 ft) to 120 m (390 ft). It is 6 m (20ft) deep and can be crossed by 8 m (26 ft) high bridges.
The community has a total 80,000 m2 private marina for boats and trade. Dubai Canal cross 3 pedestrian as well as bicycle bridges namely – Dubai Water Canal Bridge, Twisted Bridge also known as Bridge of Tolerance.
The canal is fabulously designed where perfect engineering work can be witnessed, its cascading structure gives a stunning visual look, especially at night when the canal is illuminated with lights.
Properties in Dubai Canal
Dubai Canal is surrounded by many high profile projects and property types. For those who are looking for waterfront development and enjoy key proximity to major landmarks for them, it is the prime spot.
The Business Bay the area is directly connected to the Dubai Canal and known for commercial as well as residential property. Property values boosts here due to the presence of the Dubai Canal close to this community. Several upscale projects like apartments, hotels and office spaces are major property types in this area.
Here are some projects in Dubai Canal:-
- Da Vinci Tower - Offers Ultra-Luxury 2, 3 And 4 Bed Apartment And Townhouses
- Casa Canal – Offers Luxurious 3-6 Bed Sky Villas, Penthouses, Sky Places, Sky Mansion
- Eden House The Canal – Offers Studio, 1-4 Bed Apartments And 3 Bed Penthouses
Average Property Price in Dubai Canal
The average property price close to the Dubai canal starts from AED 23,53,296 to AED 1,70,00,000. The projects located here are high end and offer a luxurious lifestyle.
Average ROI in Dubai Canal
Dubai Canal is a right option for property investment, as the location holds waterfront status, property demand is high here and can generate countless revenue. Business Bay is a higher rental yield community close to Business Bay that has witnessed average rental yield between 6% -8% for apartments.
Master Plan of Dubai Canal
Dubai Canal master plan is wisely created hence it offers a quality life to residents living here and visitors. The community is mixed use that is why you can witness many residential as well as commercial property over here. All the properties here boast waterfront views as well as feel the vibrant community lifestyle. As it is mixed -use development, Dubai Canal offers endless opportunities within. It gives you easy access to amenities and services needed in everyday life.
Dubai Canal is a part of sustainability development where it enhances the ecological balance of the canal ecosystem. Through this project, water management facilities and steps towards green infrastructure initiatives have been taken.
Additionally, Dubai Canal is a prominent tourism spot. Both local & international visitors visit this place to immerse in its scenic beauty and strategic location.
- Waterfront Development
- Mixed Use Zones
- Transportation Hub
- Public Spaces
- Iconic Landmarks
- Environmental Sustainability
- Tourism & Hospitality
