Canal Front Residences
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Canal Front Residences

About Canal Front Residences

2,100,000 AED Starting Price from
1-3BR Available Units
829 Area from
(sq. ft.)
2024 Q3 Handover

One of the leading Dubai-based master developers; Meydan Group, announced the launch of its stunning waterfront complex called the Canal Front Residences, in October 2021. Set on both banks of Dubai Water Canal, the brand new project will consist of 2 buildings with an array of 1, 2 and 3-bedroom apartments, as well as a stunning 3-bedroom penthouse for sale. The total living area of properties ranges from 829 sq.ft to 3,829 sq.ft. with 1 and 2-bedroom residences housed in the first building, and 2 and 3-bedroom apartments in the second.

All properties in the Canal Front Residences boast terraces and/or balconies of 68 ft to 1,441 ft, and a limited range of 1 and 2-bedroom apartments feature a study as well. Interested buyers can also choose from a collection of 3-bedroom duplex residences.

All bedrooms feature wardrobes, while kitchens are equipped with a microwave, a built-in hob and an oven, a fridge and a freezer, as well as power and plumbing provisions for a washing machine and a dryer. Occupants of Canal Front Residences will be able to benefit from a wash basin, a bathtub, plumbing fixtures, a vanity unit and a mirror in all bathrooms. Other defining features include double glazed windows and air conditioning for the utmost convenience of residents.

The Canal Front Residences are set to provide an exceptional lifestyle to its residents, with a selection of world-class amenities, including:

  • Swimming pool
  • Gym
  • Landscaped gardens
  • Cycling track
  • Multi-purpose room
Canal Front Residences
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Property Information

  • Location Al Safa, Dubai, UAE
  • Developer Meydan
  • Status of Project In progress
  • Type of Project Residential Building
  • Units 1-3BR
  • Area from 829 sq. ft.
  • Payment Plan 60/40

Floor Plans of Canal Front Residences

Property Prices

The starting price for a 1-bedroom apartment of 829 sq. ft in Canal Front Residences amounts to AED 2.1M (USD 572K).

Payment Plan

10% Upon Booking
10% May 2022
10% August 2022
10% December 2022
10% June 2023
10% December 2023
40% On Handover in 2024 Q3

Location

Located in the well-established Al Safa area, the Canal Front Residences will be adjacent to Al Wasl Road and the Sheikh Zayed Road, ensuring a no-hassle commute for its residents. Many of the most sought-after destinations, such as Business Bay, Downtown Dubai and Dubai International Airport, can be reached within just 15 minutes by car. In terms of public transport links, residents can benefit from easy access to the bus stations; Gulf News 1 and JSS Private School, among others, within a maximum of a 15-minute walk. There is also Al Wasl Marine Transport Station nearby, providing excellent connectivity with the major marine links of Dubai.

As well as the above, there are numerous academic and medical establishments, supermarkets, green spaces and leisure destinations just a stone’s throw away from the development, making the Canal Front Residences a perfect place to raise a family. Families can enroll their children in academic facilities such as Horizon English School Dubai, JSS Private School, Al Safa High School, Japanese School Dubai, Great Minds Nursery, and many more. As well as that, there is the COVID-19 Vaccine Center Al Ittihad, Medicare Hospital Al Safa and Prime Medical Center that are all easily accessible in case of any medical emergencies.

For a daily or weekly grocery shop, homeowners will be able to visit Fun Fare and Bin Nasser Grocery, as well as QKO Asian Market. Additionally, a selection of fine eateries and cafes are located within close proximity to the Canal Front Residences, which will provide the ultimate dining experience for all residents. These include Love Mhshy, She Burger, Moon Slice Pizza, Reif Japanese Kushiyaki and Sketch Art Café, just to name a few.

Residents of the Canal Front Residences will benefit from the huge Al Safa Park in the vicinity of their homes. Offering open green spaces, this destination is worth visiting for running, pet-walking or enjoying relaxing strolls. Al Safa Park is very popular as it offers many onsite amenities in terms of leisure and recreation, and features a play area for children, a fairground, a basketball court, a tennis court, a field track and a boating lake. It is worth noting that the Al Safa area will also house the new launches of Safa One and Safa Two, which are gorgeous developments by DAMAC Properties in collaboration with de GRISOGONO. This flagship twin-tower project will boast stunning infinity pools, sky gardens, a unique ‘Fog Forest’ and plenty more.

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Economic Appeal

Unlike most of the properties in Al Safa, the Canal Front Residences is a freehold development, meaning that apartments here are available to purchase by both UAE nationals and foreigners. The development is situated in a family-friendly area with schools, hospitals and green spaces that are easily accessible by foot and by car. As well as this, since the Canal Front Residences is set along the Dubai Water Canal, properties in this development are a perfect option for subsequent resale. Real estate in this area will keep adding in value due to its waterfront views, as well as a long list of commercial and tourist activities around the canal.

Another benefit of purchasing a property in the Canal Front Residences is that you will be able to avail of a Golden Visa, as per the latest visa overhaul in the UAE. That being said, the minimum qualifying amount is set at AED 2M (USD 545K), and the visa is applicable to secondary and off-plan real estate, which can also be mortgaged.

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