One of the leading Dubai-based master developers, Meydan Group, has announced the launch of its stunning waterfront complex, 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 for sale. The total living area of properties ranges from 913-3,829 sq.ft. with 1 and 2-bedroom residences housed in the first building, and 2 and 3-bedroom apartments in the second.
As for key features of the development, all properties at the Canal Front Residences boast terraces and/or balconies of 68-1,441 ft. Moreover, 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 residences, which consist of 2 levels.
The Canal Front Residences is set to provide an exceptional lifestyle to its residents, with a selection of world-class amenities. These are as follows:
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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 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, making the Canal Front Residences a perfect place to raise a family. Families can enroll their children into 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 a 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 in close proximity to the Canal Front Residences, which will provide the ultimate dining experience. 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 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 since 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.
Unlike most of the properties in Al Safa, the Canal Front Residences is a freehold development, meaning that apartments here are available for purchase to UAE nationals and foreigners likewise. It is set 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 in 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 view as well as 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 the Taskeen Programme launched by the DLD. This programme includes providing a 3-year residence visa for those living outside the country through investment, where a required amount is set at a minimum of AED 750K (USD 205K). Thus, after your apartment at the Canal Front Residences is completed, you can apply for this type of visa, which also provides family sponsorship. The visa also allows bringing a spouse and children to the UAE under the same sponsorship.
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