Canal by M
Abu Dhabi · Al Reem Island · Shams Abu Dhabi · Canal By M
Listed handover date has passed. Availability and timeline should be confirmed with us before relying on it.
Canal by M is an apartment, penthouse and townhouse development by GEFINOR LIMITED in Shams Abu Dhabi, Abu Dhabi. Prices start at AED 2,600,000. Homes are 2 to 4 bedroom apartments, penthouses and townhouses, from 1,474 to 7,097 square feet. The development is under construction, with handover scheduled for Q3 2026. Ownership is freehold.
Key facts
- Handover (past)
- Q3 2026
- Status
- Under construction
- Ownership
- freehold
- Property types
- apartment, penthouse, townhouse
- Availability
- Available
Payment plan
Standard
10%
Down payment
20%
During construction
70%
On handover
Available units
| Type | Area (sqft) | Bathrooms | Layouts | Starting price |
|---|---|---|---|---|
| 2 bedroom | 1,474 - 1,764 | 4 | 20 | AED 2,600,000 |
| 3 bedroom | 2,168 - 2,622 | 5 | 8 | AED 3,950,000 |
| 4 bedroom | 7,097 | 6 | 1 | AED 7,960,000 |
| 3 bedroom | 3,094 - 3,312 | 4 | 2 | AED 4,950,000 |
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Children's Play Area
- Barbecue Area
- Covered Parking
Location
Canal by M sits in Canal By M.
Master plan
The developer’s own site plan for Canal by M, showing how the buildings, roads and open space sit together.
How Canal by M compares
Entry here is AED 2.6M, against a median of AED 1.1M across the 6 priced projects in Shams Abu Dhabi, the highest entry price in the community. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q3 2026, alongside 94 other projects completing in the same quarter.
Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.
What you pay, and when
The published payment plan is 10% on booking, 20% during construction and 70% at handover. At the AED 2,600,000 entry price, that is AED 260,000 to reserve a unit, AED 520,000 across the build, and AED 1,820,000 due on completion.
What the entry price works out at
The cheapest unit with a published size is 1,474 square feet at AED 2,600,000, which works out at AED 1,764 per square foot. Stated sizes run from 1,474 to 7,097 square feet.
Ownership and residency
Canal by M is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.
Who it suits
The development is apartments, penthouses and townhouses in 2 to 4 bedroom layouts. Every layout is 2 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock.
What is on site
Shared facilities recorded for Canal by M lead with covered parking, alongside the indoor swimming pool, landscaped gardens, CCTV security, gymnasium, children's play area and barbecue area that most Dubai developments carry. 31 floor plans are published for it.
Frequently asked
What is the starting price at Canal by M?+
Canal by M starts at AED 2,600,000. The cheapest unit with a published size is 1,474 square feet, which is AED 1,764 per square foot.
When does Canal by M hand over?+
Canal by M is scheduled to hand over in Q3 2026, alongside 94 other projects we track in the same quarter.
What is the payment plan at Canal by M?+
The published plan at Canal by M is 10% on booking, 20% during construction and 70% at handover, so AED 260,000 reserves a unit at the AED 2,600,000 entry price.
What sizes are available at Canal by M?+
Canal by M is apartments, penthouses and townhouses in 2 to 4 bedroom layouts, from 1,474 to 7,097 square feet.
Can a foreign buyer own a home at Canal by M?+
Canal by M is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 threshold for the 10 year UAE golden visa.
Which community is Canal by M in?+
Canal by M is in Shams Abu Dhabi, Abu Dhabi. We track 6 projects in Shams Abu Dhabi.
Who is building Canal by M?+
Canal by M is developed by GEFINOR LIMITED, who have 1 project in our catalogue.
Before you commit
Ask about Canal by M
Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.
Related off-plan projects
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Canal by M is an off-plan development by GEFINOR LIMITED in Al Reem Island, priced from AED 2,600,000. See more GEFINOR LIMITED projects or all 6 off-plan projects in Shams Abu Dhabi. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.