Onda by Kasco in Business Bay: 2026 Floor Plans, Costs & Buyer Guide
Standing on Marasi Drive on a brisk Tuesday morning, the construction cranes across the Business Bay waterfront outline what is rapidly becoming the district's most architecturally expressive corridor. Kasco Developments chose this specific curve along the Dubai Water Canal for Onda, a residential tower that shifts away from standard corporate glass boxes in favor of flowing, wave-like perimeter balconies.
Walking along the boardwalk past the mooring pontoons, you immediately realize why this pocket of Business Bay commands elevated interest among long-term investors. Between the direct pedestrian access to the canal path and the unobstructed sightlines towards Downtown Dubai, Onda represents a deliberate bet on residential wellness in an area historically dominated by commercial high-rises.
At a glance | Details |
|---|---|
Developer | Kasco Developments |
Location | Business Bay Dubai Water Canal |
Anticipated Handover | Q2 2027 as reported by developer |
Unit Typologies | Studios, 1BR, 2BR, and 3BR apartments |
Escrow Protection | Law No. 8 of 2007 compliant account |
Reported Entry Level | AED 1,150,000 via Bayut as of November 2026 |
Project Architecture and Waterfront Setting in Business Bay
The architectural profile of Onda takes direct inspiration from aquatic waveforms, featuring rounded structural curves and continuous wraparound terraces. Developed by Kasco Developments, the mid-rise residential tower rises 23 residential floors above a three-level podium, providing 348 private residences facing the canal waters. The orientation maximizes daylight penetration while minimizing direct solar thermal loading on the southwest facade.
Location remains the defining asset for this parcel on Marasi Drive. Satellite navigation coordinates verified on Google Maps place the tower along Marasi Drive, offering straightforward access to both the Business Bay metro station and Sheikh Zayed Road. According to traffic route benchmarks published by RTA Dubai, off-peak transit from this sector of Business Bay to Dubai International Airport averages seventeen minutes, while pedestrian boardwalk links connect directly to the Dubai Water Canal marine transport stations.
Floor Plans, Unit Typologies, and Usable Balcony Dimensions
Evaluating off-plan floor plans requires looking past marketing artist impressions to examine net usable internal area versus terrace square footage. At Onda, the unit mix spans compact executive studios up to family-sized two and three-bedroom apartments. The internal layouts emphasize structural efficiency, utilizing central structural core placement to keep living rooms free from obstructive load-bearing pillars.
Studio and One Bedroom Functional Layouts
Studio layouts at Onda average between 420 and 490 square feet, integrating a discreet kitchen galley, built-in wardrobes, and an open sleeping zone that opens onto an outdoor balcony. For one-bedroom residences ranging from 750 to 920 square feet, the architectural blueprint includes an ensuite master bedroom, an additional guest powder room, and an elongated living-dining hall that accommodates a four-seater dining arrangement.
Two Bedroom Suites and Penthouse Terraces
Two-bedroom apartments span from 1,180 to 1,450 square feet and occupy corner positions within the tower plate. These layouts feature dual-aspect glazing, dedicated laundry storage rooms, and deep canal-facing terraces that measure over 180 square feet of usable outdoor deck. Top-floor three-bedroom duplex penthouses expand beyond 2,600 square feet with panoramic canal vistas.
Unit Type | Avg Area | Layout Focus |
|---|---|---|
Studio | 420 to 490 sq ft | Open plan balcony |
1 Bedroom | 750 to 920 sq ft | Ensuite powder room |
2 Bedroom | 1180 to 1450 sq ft | Corner canal terrace |
Balconies in Business Bay canal towers often represent twenty percent of total square footage, so always verify whether service charges apply to external terrace areas before signing your reservation contract.
Reported Market Pricing and Construction-Linked Payment Milestones
Because we hold no DLD advertising license, this publication provides analytical market journalism rather than property listings, and this guide is not financial advice. As of November 2026, transactional portal data aggregated by Bayut indicates average secondary and off-plan sales values for comparable Business Bay canal-side residences trading between AED 2,100 and AED 2,650 per square foot, with all figures indicative and requiring independent verification with the developer or licensed brokerage.
Market launch records tracked by Property Finder show entry transactions for studios at Onda recorded near AED 1,150,000 as of November 2026, while one-bedroom units traded around AED 1,850,000, and two-bedroom layouts commanded roughly AED 2,900,000 depending on floor elevation and canal orientation. Any pricing remains strictly indicative and subject to ongoing market adjustments.
Official developer releases from Kasco Developments outline a structured payment schedule structured around verified construction progress rather than calendar dates. The typical off-plan framework reported across industry databases consists of a ten percent booking deposit, forty percent tied to verified site milestones during the construction phase, and the remaining fifty percent balance due upon final project completion and physical handover.
Bespoke Wellness Amenities and Daily Residential Facilities
The development concept for Onda centers on holistic wellness, differentiating the building from older rental stock along Marasi Drive. Rather than providing a standard basement gym and rectangular swimming pool, the amenity program spans multiple dedicated wellness zones distributed across the podium and rooftop levels. Indoor environmental controls incorporate specialized air and water filtration infrastructure designed to support active physical recovery.
The fitness facilities are curated for high-performance athletic training and mental decompression. Acoustic dampening materials line the workout zones to eliminate vibration transfer to adjacent residences, while the pool decks feature shaded cabanas and natural timber decking overlooking the water canal.
Temperature-controlled infinity swimming pool overlooking the Dubai Water Canal
Dedicated cold plunge hydrotherapy bath and adjoining Scandinavian cedar sauna
Fully equipped strength and cardiovascular gymnasium with biomechanical machines
Private yoga and meditation studio with acoustic isolation and sprung timber flooring
Outdoor running track around the landscaped podium leisure deck
Resident wellness cafe and coworking lounge with high-speed fiber connectivity
Business Bay Rental Yield Projections and Micro-Market Analysis
Evaluating long-term gross yields in Business Bay requires analyzing historical tenancy demand alongside ongoing supply deliveries across the canal district. As of November 2026, open data published by DXB Interact reveals that completed one-bedroom apartments along the Marasi canal fringe achieve gross rental yields between 6.8 percent and 7.4 percent, with figures indicative and subject to prevailing market conditions. These yields are supported by continuous influxes of finance, legal, and technology professionals working in nearby Downtown Dubai and DIFC.
Short-term holiday home rentals present an alternative monetization strategy, although net yields require factoring in licensing fees and operator management splits. Corporate tenants frequently seek turnkey furnished properties in central Business Bay due to its pedestrian connectivity and proximity to the metro corridor. However, investors must remember that real estate markets fluctuate, operating expenses vary, and past yields do not guarantee future performance.
Running a conservative financial model means deducting annual service charges of twenty-two dirhams per square foot before calculating your true net rental yield.
Buyer Regulatory Protections, DLD Escrow, and Acquisition Due Diligence
Purchasing an off-plan property in Dubai is governed by comprehensive consumer protection frameworks enforced by the real estate regulatory agency. Under Law No. 8 of 2007, every dirham paid toward an off-plan purchase at Onda must be deposited directly into an approved project escrow account audited by the Dubai Land Department. Developers can only release escrow funds after independent engineering inspectors certify that specific construction milestones have been completed on site.
Prospective purchasers must also budget for mandatory statutory transaction costs on top of the contracted property price. The government transfer fee administered by the land department stands at four percent plus administrative registration charges. Foreign buyers of all nationalities are entitled to one hundred percent freehold title ownership in designated investment zones like Business Bay.
Verify the developer project registration and escrow account number directly on the official Dubai Land Department portal
Request the standard Form F sale agreement and inspect the scheduled construction completion date and grace period clauses
Transfer the initial ten percent booking payment directly to the designated project escrow account rather than any corporate account
Complete the mandatory Oqood interim title registration to secure your legal ownership rights with the land registry
Monitor physical site progress updates published quarterly on the Dubai REST mobile application
FAQ
Where is Onda by Kasco located in Business Bay?
Onda is situated on Marasi Drive along the southern bank of the Dubai Water Canal in Business Bay. The site provides direct access to the 12-kilometer canal walking promenade, putting Downtown Dubai, Dubai Mall, and DIFC within a short drive. Marine transport stations and water taxis operate within walking distance along the waterfront.
When is the estimated completion date for Onda by Kasco?
The scheduled completion and handover date for Onda by Kasco is targeted for the second quarter of 2027, subject to verified construction progress. Buyers can track real-time construction milestones and physical inspection reports through the Dubai REST platform. The standard contract includes a permissible developer grace period under Dubai Land Department guidelines.
Can foreign nationals purchase freehold property at Onda by Kasco?
Yes, Onda by Kasco is located within Business Bay, which is a designated freehold investment area in the emirate of Dubai. Foreign buyers, non-residents, and international corporate entities can acquire 100 percent outright ownership of residential units. Completed purchases meeting minimum investment thresholds also qualify eligible investors to apply for the UAE Golden Visa.
What additional fees should off-plan buyers budget for beyond the property price?
Beyond the agreed purchase price, buyers must pay a mandatory four percent transfer fee to the Dubai Land Department alongside an administrative registration fee of approximately AED 4,200. An Oqood pre-registration charge of AED 1,000 applies to establish the interim title deed. Prospective owners should also account for developer administrative NOC charges and future recurring annual building service fees.
Useful Links
Google Maps — Business Bay waterfront location and navigation coordinates
RTA Dubai — Dubai public transit and road journey timings
Bayut — Business Bay property transaction listings and pricing
Property Finder — Dubai off plan property price trends
Kasco Developments — Developer project portfolio and company background
Dubai Land Department — Dubai real estate regulations and escrow verification
Pair It With
— Angel Tyagi, Creator of Angel In Dubai
Prices, timings and availability may change — always check directly with the venue before visiting. Not sponsored.
Story lead: Property Finder. Reporting can be updated or withdrawn after publication — always check the original before relying on anything here.
Rates and figures are indicative and were correct as of 5 November 2026; they change often, so verify with the provider before acting. This is general information, not financial advice.
Angel in Dubai is not a real-estate broker and holds no DLD or RERA advertising permit. Any prices here are reported market data as of the date noted — not an offer, and not an invitation to buy. Verify directly with the developer or on the Dubai Land Department portal.
Rules, fees and deadlines change often. This is a general summary, not legal advice — confirm with the relevant UAE authority before acting.
Photo by Onda at Business Bay by Kasco Development via web, Photo by H2X Trainer 19 Endless Swim Pool - Master Spas UAE via web
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