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Central canal district balances steady professional-tenant demand with a busy serviced-residence pipeline.
AED 1,560
Avg. price / sq ft
+5.5% YoY
6.2%
Avg. gross yield
1,420
Transactions (Q1)
+7% QoQ
+18%
Short-let premium
canal-view units
Quarter-on-quarter movement across the trailing year.
Indicative gross yields by unit type this quarter.
Business Bay's central, canal-front location continued to attract professional tenants and short-stay operators. Average values rose 5.5% year on year to AED 1,560 per square foot, with canal-view units commanding an 18% short-let premium.
A healthy serviced-residence pipeline is scheduled for delivery through 2026–27. Investors should expect some rental competition in the studio and one-bed segments as new stock completes.
Figures are indicative market context compiled from public DLD transaction data and Pancharatna research. They are not an offer or a valuation of any specific property.
