Canal Front Residences CF5Al Wasl

2,825,000 AEDmarket

2,900 AED/ft²

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Delivered: Q3 2024

Completed

Canal Front Residences CF5

Al Wasl

1 - 3 BedsApartment

Launch price

1,740,000 AED

Payment Plan: 10/50/40

Canal Front Residences CF5

Al Wasl

1 - 3 BedsApartment

Launch price

1,740,000 AED

Payment Plan: 10/50/40

Canal Front Residences CF5

Al Wasl

by Meydan Group

Booking

10%

Booking

Construction

50%

Construction

Handover

40%

Handover

Local Information

Description

Canal Front Residences CF5 offers apartments for sale in Dubai Water Canal — a completed 11-storey building by Meydan Group with 75 units. Meydan Group developed this luxury project, which was handed over in 2024. The development features apartments with contemporary interiors and views of the canal. Construction began in April 2018. Residents have direct access to Safa Park and are a short drive from Jumeirah Beach and Downtown Dubai. The payment plan for the project included a 10% deposit, 50% during construction, and 40% upon handover. It is conveniently located with easy access to Al Wasl Road, Sheikh Zayed Road, and the Business Bay Metro Station. The project is situated along the iconic Dubai Water Canal, offering waterfront living.

Price History for Canal Front Residences CF5

Comparable Projects in Al Wasl

Project	Price per ft²	Construction	Handover	Developer
Canal Front Residences CF6Meydan Group 1,969 AED/ft² 100% Q3 2024	Canal Front Residences CF6	1,969 AED/ft²	100%	Q3 2024
Canal Front Residences CF3Meydan Group 1,794 AED/ft² 100% Q2 2024	Canal Front Residences CF3	1,794 AED/ft²	100%	Q2 2024
Canal Front Residences CF4Meydan Group 1,801 AED/ft² 100% Q2 2024	Canal Front Residences CF4	1,801 AED/ft²	100%	Q2 2024
Canal Front Residences CF7Meydan Group 1,449 AED/ft² 100% Q4 2024	Canal Front Residences CF7	1,449 AED/ft²	100%	Q4 2024
Canal Front Residences CF8Meydan Group 1,855 AED/ft² 100% Q4 2024	Canal Front Residences CF8	1,855 AED/ft²	100%	Q4 2024

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Unit Plot Map for Canal Front Residences CF5

What's Available for Canal Front Residences CF5

Unit #	Type	Beds	From	Built-up	Int. Area	Ext. Area	Floor
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Price Trends

For units in Al Wasl

Affordability

Assigned Schools

Neighborhood Overview

Al Wasl

29 Buildings For You

Buy: AED 1.2M - 101.2M

YoY Price Change: -21.2%

Gross Yield: No rental data available yet

Neighborhood stats provided by Dubai Land Department.

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FAQ

Canal Front Residences CF5 reached completion and was handed over to owners on September 30, 2024. The project is now fully delivered and operational.

The project is situated directly along the Dubai Water Canal, providing residents with immediate access to waterfront boardwalks and cycling tracks. The building also offers direct proximity to Safa Park, a feature that differentiates its location from other developments in the Al Wasl area.

A finished, low-density residential environment in central Dubai suits end-users and investors looking for move-in-ready units. The project is particularly well-positioned for professionals and families who prioritize access to business hubs like Business Bay and leisure areas such as Jumeirah Beach.

The tower is located in the Al Wasl district with proximity to Sheikh Zayed Road and Al Wasl Road. Residents also have access to the Business Bay Metro Station and marine water transport options along the canal.