Canal Front Residences By Meydan

Key facts

Handover (past)

Q2 2024

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Sold out

How Canal Front Residences By Meydan compares

Entry here is AED 2.6M, against a median of AED 2.6M across the 3 priced projects in Canal Front Residences, which puts it above 1 of them and below 1. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q2 2024, alongside 37 other projects completing in the same quarter. Meydan Group has 5 projects in our catalogue, 3 of them in Canal Front Residences.

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.

Payment plan

Available units

Amenities

• Beach Access
• Infinity Pool
• Cafe and Restaurants
• Gymnasium
• Restaurants
• Private Pool
• Private Gym
• Private Jacuzzi
• Shared Pool
• Shared Spa
• Security
• Concierge
• Maid Service
• Covered Parking
• Built in Wardrobes
• Maids Room
• Kitchen Appliances
• View of Water
• View of Landmark
• Pets Allowed
• Shared Gym
• Lobby in Building
• Children's Pool
• Children's Play Area
• Barbecue Area
• Vastu-compliant
• Walk-in Closet
• Study
• Central A/C
• Balcony
• Private Garden

Location

Canal Front Residences By Meydan sits in Al Wasl.

Master plan

The developer’s own site plan for Canal Front Residences By Meydan, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 20% on booking, 40% during construction and 40% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Registration with the Dubai Land Department adds 4% of the purchase price, roughly AED 108,000 at this resale price. That 20% booking payment does not go to Meydan Group directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 913 square feet at AED 2,600,000, which works out at AED 2,848 per square foot. Stated sizes run from 913 to 1,994 square feet.

Handover and construction

The handover on record for Canal Front Residences By Meydan is Q2 2024.

Ownership and residency

Canal Front Residences By Meydan is freehold, which lets a buyer of any nationality own a unit outright and hold the title deed. The cheapest resale listed sits at or above the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, so a resale at that price qualifies on its own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 2,600,000 and 3 bedroom units at AED 6,000,000, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Among the shared facilities recorded for Canal Front Residences By Meydan are beach access, infinity pool, cafe and restaurants, private pool, private gym, private jacuzzi, shared spa and concierge, alongside the gymnasium, restaurants, shared pool, security, children's play area and barbecue area that most Dubai developments carry. 17 further facilities are listed in the full spec. 70 floor plans are published for it.

Frequently asked