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About Canal Front Residences
Canal Front Residences is a Meydan Group community of low-rise buildings lining the Dubai Water Canal in Al Wasl and Al Safa, with one- to three-bedroom apartments delivered in numbered phases.
Starting prices were quoted between AED 1.6M and AED 2.1M across phases, on 60/40 plans with 20% at booking; later phases such as Buildings 6 and 8 were marketed separately.
Listed handover dates for the later phases fell in 2024, so the community is largely complete and trades on the secondary market.
Payment
Payment plan
60/40 — 20% on booking, 40% during construction, 40% on handover
At a glance
Canal Front Residences key facts
- Developer
- Meydan Group
- Community
- Dubai Water Canal
- Status
- Handover soon
- Handover
- Completed (2024)
- Starting price
- AED 1.6M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 60/40
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.6M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Canal Front Residences
- 01
Agree the price
Agree terms with the seller of a unit at Canal Front Residences, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Meydan Group issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Direct canal promenade frontage
- Low-rise living between Jumeirah and Downtown
- Completed phases ready to occupy
What to weigh
- Most listing data is dated
- Phase-by-phase status should be confirmed
- Resale minimum payment thresholds apply on older contracts
FAQ
Canal Front Residences — frequently asked questions
What is the starting price of Canal Front Residences?
Published pricing at Canal Front Residences starts from AED 1.6M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Canal Front Residences?
Canal Front Residences is scheduled for handover in Completed (2024). Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Canal Front Residences?
60/40 — 20% on booking, 40% during construction, 40% on handover
Who is the developer of Canal Front Residences?
Canal Front Residences is developed by Meydan Group in Dubai Water Canal, Dubai.
What unit types are available at Canal Front Residences?
Canal Front Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Canal Front Residences located?
Canal Front Residences is in Dubai Water Canal, Dubai.
Can foreigners buy at Canal Front Residences?
Yes. Dubai Water Canal is a freehold area, so buyers of any nationality can own property at Canal Front Residences outright.
Does buying at Canal Front Residences qualify for the UAE Golden Visa?
The entry price of AED 1.6M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Canal Front Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 64K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Canal Front Residences?
MRK Real Estate advises on primary purchases and resales at Canal Front Residences. Message us on WhatsApp for availability, floor plans and a valuation.
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Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Meydan Group before any transaction.
