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Meydan · Dubai Water Canal
Canal Front Residences by Meydan
Completed one to three bedroom apartments and penthouses on both banks of the Dubai Water Canal, with wide balconies and canal views.
At the entry price this project clears the AED 2 million line for the 10 year Dubai Golden Visa through property. Joint buyers, check the share rule.
My take on Canal Front Residences
Canal Front Residences is a completed Meydan development beside the Dubai Water Canal, with a boardwalk, cycling track, swimming pool and play areas on the doorstep.
I include it as an example of a completed property. You pay in full, and in return you can see exactly what you are buying, a mortgage is easier to arrange and rent starts straight away.
Who it suits
- Investors who want income from day one
- Buyers who plan to use a mortgage
- Those who prefer to see a finished building
What to weigh up
- No payment plan, so the price is paid in full
- A 2% agency fee applies on resale purchases
- Prices reflect the central canal location
Key details
- Homes of 829 to 3,829 sq ft
- Completed and ready to move into
- Boardwalk and cycling track along the canal
- 4 minutes from the nearest Metro station
Gallery
Developer illustrations.
Location and drive times
Amenities
- Canal boardwalk
- Cycling track
- Swimming pool
- Children's play area
About Meydan
Meydan is the master developer of the Meydan district and Mohammed Bin Rashid City, a short drive from Downtown. It is part of Dubai Holding and government backed.
Canal Front Residences questions
What is the starting price at Canal Front Residences?
Canal Front Residences launched from about £432,000 (AED 2.1 million). This is a launch price and all homes are subject to availability.
When will Canal Front Residences be completed?
Completion is currently expected in Completed.
Where is Canal Front Residences?
It is on the Dubai Water Canal in Al Safa, 5 minutes from Downtown Dubai and Jumeirah Beach and 7 minutes from Business Bay.
Can overseas investors buy at Canal Front Residences?
Yes. It is in a freehold area, so foreign nationals can own in their own name, with no residency and no local partner. The whole purchase can be completed remotely.
