3BR Apartment in Wedyan — The Canal, Business Bay
About this property
Project general facts
Wedyan – The Canal is a sculptural waterfront residential project rising directly from the banks of the Dubai Canal. Conceived as an organic retreat within the city, the architecture draws inspiration from natural landscapes, flowing dunes, rugged mountains and hidden valleys, translated into a fluid, layered form that feels both expressive and timeless. Designed by world-renowned Japanese architect Kengo Kuma, the project embodies a refined balance between artistic vision and modern functionality, where Japanese architectural philosophy meets contemporary urban living.
The residences at Wedyan are envisioned as calm, immersive living spaces that emphasize connection to water, light, and the surrounding cityscape. The project offers a limited and highly exclusive collection of waterfront residences, penthouses, and a signature sky villa, each designed to provide privacy, generous proportions, and uninterrupted canal views. Interiors are delivered without furniture and follow a standard of high-quality finishes with modern materials, allowing the architectural language and spatial flow to take center stage while offering owners the freedom to personalize their homes.
Wedyan offers an exceptionally comprehensive lifestyle and wellness ecosystem, seamlessly integrating fitness, relaxation, entertainment, and business-oriented spaces. Residents have access to a full spectrum of wellness facilities including a gym, spin studio, reformer studio, yoga and boxing spaces, personal training areas, spa facilities with massage rooms, sauna, steam, ice bath, Hararet thermal space, and both indoor and outdoor swimming pools, including a dedicated lap pool. The project also features a padel court, golf simulator, cinema, kids club, gaming lounge, cigar room, library, and multiple social and dining spaces such as a bar, private dining areas, majlis, and a commercial kitchen. For work and productivity, Wedyan includes private offices, hot desks, business lounges, conference and meeting rooms, and a dedicated podcast room, creating a truly holistic waterfront living environment where luxury, wellbeing, and functionality coexist effortlessly.
Location description and benefits
Dubai Canal is one of the city’s most prestigious waterfront districts, seamlessly connecting urban sophistication with a tranquil, nature-infused setting. Stretching through the heart of Dubai, the canal links key destinations such as Downtown Dubai, Business Bay, Jumeirah, and the coastline, offering residents a rare balance between centrality and serenity. The area is defined by its scenic waterways, pedestrian promenades, and iconic skyline views, creating a refined environment that feels both dynamic and relaxed.
The district is designed around an elevated lifestyle concept, where walkability, leisure, and wellness are integral to everyday living. Landscaped pathways, cycling tracks, waterfront cafés, and green open spaces line the canal, encouraging outdoor activity and social interaction. The presence of luxury residential developments, boutique hospitality projects, and cultural landmarks enhances the area’s appeal, positioning Dubai Canal as a destination rather than just a place to live.
Dubai Canal is particularly valued for its exclusivity and long-term desirability. Waterfront residences in this area benefit from uninterrupted views, strong privacy, and proximity to Dubai’s main business and lifestyle hubs. With limited waterfront supply, exceptional connectivity, and a consistently high standard of development, the Dubai Canal district represents one of the most sought-after addresses in the city for both end users and investors seeking enduring value.
Location & Lifestyle
Buy or rent in Business Bay, the Dubai Holding district along Dubai Creek and the Dubai Water Canal, next to Downtown Dubai. It has direct links to Sheikh Zayed Road and Al Khail Road and its own Red Line Metro station. Landmarks include Bay Square, Executive Towers, Bellevue Towers and the Marasi Business Bay marinas.
From 1 January to 12 November 2026, DLD recorded 3,839 apartment sales in Business Bay: 1,985 ready apartments at a median of AED 1,821 per sq ft and 1,854 off-plan apartments at a median of AED 2,667 per sq ft.
Business Bay ready apartment prices in 2026 (DLD data)
Studio: 467 sales, median price AED 990,000, median size 461 sq ft
1 bedroom: 851 sales, median price AED 1.45 million, median size 810 sq ft
2 bedrooms: 494 sales, median price AED 2.25 million, median size 1,313 sq ft
3 bedrooms: 142 sales, median price AED 3.47 million, median size 1,941 sq ft
Busiest buildings
Ready: Peninsula Three (148 sales), DAMAC Towers by Paramount (94), Peninsula Four (82), Prive by DAMAC (69)
Off-plan: Binghatti Aquarise (236 sales), Avarra by Palace and Al Habtoor Tower (160 each), Peninsula Four (130)
Rent and yield
What is the average rent in Business Bay? The median annual rent was AED 95,000, based on 17,685 Ejari contracts in Business Bay between 1 January and 1 October 2026.
What rental yield does Business Bay offer? About 4.6% gross, before service charges, fees and vacancy.
Who Business Bay suits
Buyers who want a central apartment next to Downtown Dubai and the Metro.
Investors looking at ready studios and 1-bedroom apartments, the most traded types.
Looking to buy in Business Bay? Platinum Square advisors can share current ready and off-plan options.
Source: Dubai Land Department open data: residential unit sales in Business Bay, 1 January to 12 November 2026 (medians are Platinum Square calculations); Ejari rents, 1 January to 1 October 2026.
Schools nearby
- Hartland International School
- JSS International (Al Safa)
Metro & transit
- Business Bay (Red Line)
Malls & retail
- Bay Avenue
- The Dubai Mall (1 stop)
Healthcare
- Aster Clinic Business Bay
- Emirates Hospital Clinic
Landmarks
- Dubai Water Canal
- Marasi Promenade
- Bay Square
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