Canal Front Residences 3 and 4

Key facts

Handover (past)

Q2 2024

Status

Ready

Construction progress

100%

Ownership

freehold

Property types

apartment

Availability

Sold out

How Canal Front Residences 3 and 4 compares

Entry here is AED 3.9M, against a median of AED 2.6M across the 3 priced projects in Canal Front Residences, the highest entry price in the community. The plan opens at 100% down, against a Dubai median of 10%, so it asks 90% 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

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Gymnasium
• Retail Facilities
• Children's Play Area

Location

Canal Front Residences 3 and 4 sits in Al Wasl.

Master plan

The developer’s own site plan for Canal Front Residences 3 and 4, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch schedule split the price 100% on booking. Buying now means a resale from a private owner, on whatever terms the two sides agree.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 140,000 at this resale price. That 100% 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 1,330 square feet at AED 3,899,000, which works out at AED 2,932 per square foot. Stated sizes run from 920 to 1,770 square feet.

Handover and construction

The handover on record for Canal Front Residences 3 and 4 is Q2 2024. Construction was last recorded at 100% complete.

Ownership and residency

Ownership at Canal Front Residences 3 and 4 is freehold: a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so a resale at that price qualifies on its own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Shared facilities recorded for Canal Front Residences 3 and 4 lead with retail facilities, alongside the indoor swimming pool, landscaped gardens, CCTV security, gymnasium and children's play area that most Dubai developments carry. 6 floor plans are published for it.

Frequently asked