{"id":8401,"date":"2025-10-09T16:40:00","date_gmt":"2025-10-09T11:10:00","guid":{"rendered":"https:\/\/www.propertystellar.com\/blog\/?p=8401"},"modified":"2025-10-09T16:37:53","modified_gmt":"2025-10-09T11:07:53","slug":"dubais-business-bay-dh362m-canal-front-land-sale-sets-record","status":"publish","type":"post","link":"https:\/\/www.propertystellar.com\/blog\/dubais-business-bay-dh362m-canal-front-land-sale-sets-record\/","title":{"rendered":"Record Dh362 Million Canal-Front Land Sale Sets New Benchmark in Dubai\u2019s Business Bay"},"content":{"rendered":"<p>Dubai\u2019s Business Bay continues to shine as a premier real estate destination with a record-breaking Dh362 million canal-front land sale. The prime waterfront plot along the Dubai Water Canal offers exceptional development potential for mixed-use and premium retail projects, reinforcing the area\u2019s status as a hub of investment confidence and urban growth.<\/p>\n<h3>Key Highlights:<\/h3>\n<ul>\n<li><strong>Record Sale:<\/strong> Prime corner plot on Dubai Water Canal sold for Dh362 million, marking a new benchmark for Business Bay.<\/li>\n<li><strong>Prime Location:<\/strong> Direct access to the canal boardwalk, with walking and cycling paths, and strong connectivity via Sheikh Zayed Road and Al Khail Road.<\/li>\n<li><strong>Future Connectivity:<\/strong> Planned stations on the Zabeel Track, Gold Line, and Express Line within 500 metres to enhance accessibility.<\/li>\n<li><strong>Market Growth:<\/strong> Business Bay land prices appreciated 16.7% year-on-year, with average rates rising from Dh1,800 to Dh2,100 per sq ft.<\/li>\n<li><strong>Robust Investor Demand:<\/strong> Limited supply of prime waterfront plots drives high investor interest and market activity.<\/li>\n<li><strong>Advisory &amp; Brokerage:<\/strong> Transaction handled by Driven | Forbes Global Properties with expert advisory support for Mukarrib Holdings.<\/li>\n<li><strong>Development Potential:<\/strong> The plot offers excellent flexibility for designing premium mixed-use or commercial projects tailored to international standards.<\/li>\n<li><strong>Business Bay Appeal:<\/strong> Central location, proximity to Downtown Dubai, and expanding luxury residential and commercial portfolio sustain long-term growth momentum.<\/li>\n<li><strong>Positive Market Outlook:<\/strong> Analysts anticipate continued appreciation, supported by Dubai\u2019s expanding economy, foreign investment inflows, and strategic infrastructure upgrades.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Dubai\u2019s Business Bay continues to shine as a premier real estate destination with a record-breaking Dh362 million canal-front land sale. The prime waterfront plot along the Dubai Water Canal offers exceptional development potential for mixed-use and premium retail projects, reinforcing the area\u2019s status as a hub of investment confidence and urban growth. Key Highlights: Record [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55,57,58,59],"tags":[],"class_list":["post-8401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-home-section2","category-blog-home-section3","category-property-news","category-uae-property-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dubai Business Bay\u2019s Dh362M Canal-Front Land Sale Sets Record<\/title>\n<meta name=\"description\" content=\"A record Dh362 million canal-front sale in Dubai\u2019s Business Bay underscores investor trust and thriving development opportunities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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