Canal Front Residence

AL SAFA PARK · Meydan Group · Updated 12.01.2024
Meydan Group

Highlights

Realiste rating
4 awards
Building rating ?
B-
handover
Q4-2024
Area from
1200 ft²
price from
1600000 AED
floors
14
service charge
16-20 AED per sqft
Property type
Apartments
Canal Front Residences is a project of the Meydan Group (now Nakheel), which is a short walk from the canal and the green Safa Park, surrounded by restaurants and cafes, boutiques and a variety of entertainment. Nearby are 5-star hotels and prestigious educational institutions. Downtown is just a 9-minute drive away and Jumeirah Beach is a 15-minute walk away.

Canal Front Residences are located in 14-storey buildings on the north and south banks of the ĸanal. The complex is being built in a dynamic area in central Dubai, where on the one hand, the city's life beats the ĸulyuchu, on the other hand, you can enjoy the silence and unity with nature.

The project offers 1, 2 and 3 bedroom apartments, which are complemented by private terraces or balĸons overlooking the Dubai Canal and Downtown. The apartments with an open balcony offer breathtaking views of the harbour and the surrounding coastline with the towers.
Conditions for the unit resale
  • The minimum amount of payment
    for subsequent resale
    50%+4% DLD
  • The payment plan
    Transferable
Non-profit service
  • Dubai ID*
  • Bank account*
Furniture
To be confirmed.
Convenience and security
- BBQ facilities
- Central A/C system
- Central gas
- Children's play area inside
- Community center
- Fire alarm system
- Garbage disposal
- Landscaped gardens
- Landscaped internal courtyards
- Sauna
- Secure underground parking
- Steam room
- Swimming pool
- Visitor parking
- Parking
Availability of greenery and water
  • Greenery
    Safa Park
  • Water
    Al Jadaf Dubai Canal
    Persian Gulf
Accessibility by car
  • DIFC
    28 minutes
  • Burj Khalifa
    22 minutes
  • Palm Jumeirah
    20 minutes
  • Dubai Marina
    20 minutes
  • Dubai Mall
    24 minutes
  • Meydan Racecourse
    22 minutes
  • Ras Al Khor Wildlife Sanctuary
    20 minutes
  • Dubai International Airport
    27 minutes
Realiste AI ratings
Building class
Luxury class
109 place of 365 Projects
Price affordability
Not affordable
276 place of 358 Projects
Price compared to area average
Less (max)
27 place of 354 Projects
Developer rating
Very reliable
54 place of 330 Projects
Average price sqft
Good price
28 place of 362 Projects
Building attractivenes in area
Not attractive
327 place of 364 Projects
Access to water in area
Low access
108 place of 145 Projects
Access to parks in area
High access
6 place of 212 Projects
Development level
Low developed
320 place of 363 Projects
Forecast for 3 years
Good growth
182 place of 362 Projects
Realiste Choice
Best potential
56 place of 365 Projects
Economy
Middle
Luxury
Building class
Price affordability
Price compared to area average
Developer rating
Average price sqft
Building attractivenes in area
Access to water in area
Access to parks in area
Development level
Forecast for 3 years
Realiste Choice
Building class
109 place of 365
Luxury
80%
Economy
Price affordability
276 place of 358
Not affordable
684 USD/ft2
Very affordable

Location and infrastructure

Highlights of Canal Front Residence

  • City: Dubai
  • Project: Canal Front Residence
  • Building class: 80% - Luxury
  • Price affordability: 684 USD/ft2 - Not affordable
  • Price compared to area average: -25.9% - Less (max)
  • Developer rating: 5 - Very reliable
  • Average price sqft: 923 USD/ft2 - Good price
  • Building attractivenes in area: 0.41 - Not attractive
  • Access to water in area: 14.6% - Low access
  • Access to parks in area: 58.1% - High access
  • Development level: 7.3% - Low developed
  • Forecast for 3 years: +16.5% - Good
  • Realiste Choice: 917 - Best potential

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