Wedyan – The Canal by Al Ghurair Collection at Business Bay, Dubai

Wedyan – The Canal by Al Ghurair Properties is an ultra-luxurious skyscraper on the banks of the Dubai Water Canal in the heart of Business Bay. The 46-storey tower with a three-level podium is the first project in the UAE designed by legendary Japanese architect Kengo Kuma. The original architecture with ‘soft’ wavy lines is inspired by the dunes, mountains and wadis of the Middle East. The development is being carried out by a new division of the well-known Al Ghurair Group based in Dubai, which focuses on collectible, one-of-a-kind properties.

Property at Wedyan – The Canal by Al Ghurair Properties is represented by only 149 residences. The developer offers spacious 3-5 bedroom apartments, penthouses and a single Sky Villa covering an entire floor. The size varies from 5,340 sqft (496 m²) to 21,595 sqft (2,006 m²). The interiors are designed in a natural palette: stone, warm wood, tactile textures, soft lighting and accentuated shadow effects represent the typical aesthetics of Kengo Kuma, adapted to the panoramas of Dubai and the curves of the waterways. Large UV-protected stained glass windows provide uninterrupted views of the Dubai Water Canal and the Business Bay skyline, while maintaining a comfortable microclimate inside. The layouts feature large terraces that transition into ‘outdoor living rooms,’ cosy bedrooms, and dedicated studies or media areas. All apartments at Wedyan – The Canal by Al Ghurair Properties have two kitchens, a show kitchen and a working kitchen, as well as dedicated staff rooms. The sky villa features a private tea pavilion and an open area for entertaining guests.

The project's infrastructure is designed as a vertical resort with themed levels, covering almost 65,000 sqft (6,000 m²). The Oasis is a spectacular entrance with landscaped design and a climate-controlled car stacker for a collection of supercars. The Valley on the 2nd level is a full-fledged fitness cluster with cardio and strength training areas, yoga, Pilates, a spin studio and a padel court. The Shore, located on the third floor, is dedicated to family leisure: it features swimming pools, a private cinema, a golf simulator, games and lounge areas. The Cave is a resort spa complex with an indoor lagoon pool, hydrotherapy, a salt room, wellness treatments, and an ice-cold plunge pool. The Mountain club on the upper floors combines private offices, meeting rooms, a lounge, a cigar room, and a private restaurant area. The landscape was designed by Gustafson Porter + Bowman and includes terraces, water mirrors, green pavilions and meditation areas. The project also includes a 24-hour concierge, 5-star hotel security and direct access to the Dubai Canal promenades.

Location is one of the main arguments in favour of buying property at Wedyan – The Canal by Al Ghurair Properties. The skyscraper rises directly on the banks of the Dubai Canal in Business Bay, a few minutes' drive from the emirate's key destinations. It takes about 10 minutes to get to Downtown Dubai, 15 minutes to DXB Airport, 20 minutes to Dubai Marina, and about half an hour to Palm Jumeirah and Mall of the Emirates. Business Bay is a mature, multifunctional cluster with waterfronts featuring restaurants and walking paths, Bay Avenue Mall and Dubai Mall, Grade A business centres, flagship hotels, cafés, and dining concepts to suit every taste. The area is well served by public transport: Business Bay Metro Station, bus routes and even water taxis along the canal. And due to convenient access to Sheikh Zayed Road and Al Khail Road, trips around the emirate will be quick and comfortable.

Property at Business Bay is one of the most sought-after investment assets in Dubai. According to industry analysts, long-term rental yields for apartments here have remained stable in recent years at around 6-7% per annum, with compact lots showing even higher figures. The projected rental yield for properties at Wedyan by Al Ghurair is around 7% due to the combination of its prime canalfront location, status as an architectural landmark and the limited supply of ultra-luxury residences in this part of the emirate. In addition, investors are granted 100% ownership rights and can apply for a 10-year UAE Golden Visa.

The starting price for apartments at Wedyan – The Canal by Al Ghurair Properties is from 26 000 000 AED (7 079 600 $). Payment is organised in the form of an interest-free 60/40 installment plan: 10% down payment, 15% upon signing the contract, 35% during construction, and the final 40% upon handover in Q1 2030.

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