by Al Ghurair Properties
The CanalPayment Plan
Business Bay, Dubai, UAE
Developer
Al Ghurair Properties
Starting Price
AED 24,100,000
Unit Types
5 BR ) · 4 · Apartments · Penthouses · Sky Villa (3
Size Range
6,684 – 43,059 sqft
621 – 4,000 sqm
Handover
Jan 2030
Payment Plan
60 / 40 (Down Payment / During Construction / On Handover)
The Canal Payment Plan & Buyer Costs
The Canal by Al Ghurair Properties is sold on a construction-linked payment plan (60 / 40 (Down Payment / During Construction / On Handover)) — a down payment on booking, staged instalments during construction, and the balance on handover (targeted for 2030). All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Starting Price
24,100,000AED 24.1M
60 / 40 (Down Payment / During Construction / On Handover)
Payment Plan
60 / 40 (Down Payment / During Construction / On Handover)
On Booking
20%
Down Payment
AED 4,820,000
During Construction
48%
Progress-linked installments
AED 11,568,000
On Handover
32%
Balance on completion
AED 7,712,000
60% During Construction, 40% On Handover.
Accepted Methods
Units Information
Unit Types
5 BR ), 4, Apartments, Penthouses, Sky Villa (3
Size Range
6,684 – 43,059 sqft
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24,100,000AED 24.1M
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Project Details
TESTIMONIALS
What Buyers Say
“Exceptional quality and a prime location. The payment plan made it very accessible. The team at Binayah guided me through every step seamlessly.”
Ahmed R.
2 Bedroom Buyer
“We fell in love with the views and the amenities. It's the perfect family home with everything you need within walking distance.”
Sarah L.
3 Bedroom Buyer
“Great investment opportunity with strong rental yields. The developer has an excellent track record and the build quality is superb.”
James K.
1 Bedroom Buyer
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained