Canal Front Residences 2

P1 — Delivered Off-Plan Primary
Developer Meydan Developments L.L.C
Community Al Wasl
Property type Apartment
Data updated Jan 26, 2026

Canal Front Residences 2 is a Delivered development by Meydan Developments L.L.C in Al Wasl. 96 units across 2 Bedroom (67%), 1 Bedroom (32%), 4 Bedroom (1%). Over the trailing 12 months, 165 sales at a median of AED 4,150,000.

Key Metrics
Median Price
Value
AED 4,150,000
Change
44.9% YoY
Transactions
Value
165
Change
7 in period
Price / sqft
Value
AED 2,715
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 4,150,000
↑ 44.9% YoY
Transactions
165
↑ 7 in period
Price / sqft
AED 2,715
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
32.2%
Community avg
Holding Period
Value
0.9 yrs
Community avg
Liquidity
Value
7.3%
Ready Market Mix
Value
0.0%
Rental Activity
Value
46.9%
Capital Return
32.2%
Community avg
Holding Period
0.9 yrs
Community avg
Liquidity
7.3%
Ready Market Mix
0.0%
Rental Activity
46.9%

Rental Performance

Rental Volume
Value
76
Avg Annual Rent
Value
AED 192,340
New Leases
Value
71.1%
Renewals
Value
28.9%
Rental Volume
76
Avg Annual Rent
AED 192,340
New Leases
71.1%
Renewals
28.9%

Unit Mix

By bedroom type
1 Bedroom 31 units · 32%
2 Bedroom 64 units · 67%
4 Bedroom 1 units · 1%

Transaction Breakdown

All time — 165 transactions
Off-Plan Primary
96
Off-Plan Secondary
49
Ready Secondary
20

Price History

Median Price — Canal Front Residences 2

Median prices in Canal Front Residences 2 have risen sharply, up 73% from AED 2.6M to AED 4.5M over the past 7 months.

Recent Transactions

Showing last 10 of 165
Date Type Price (AED) Size (sqft) AED/sqft
Jan 26, 2026 RP Secondary 4,550,000 1,327 3,427
Dec 17, 2025 RP Secondary 4,150,000 1,590 2,608
Nov 13, 2025 RP Secondary 14,200,000 3,838 3,699
Oct 23, 2025 RP Secondary 5,340,000 2,237 2,386
Sep 03, 2025 RP Secondary 2,500,000 920 2,715
May 22, 2025 RP Secondary 3,900,000 1,453 2,682
Apr 25, 2025 RP Secondary 2,630,000 920 2,856
Mar 05, 2025 RP Secondary 2,610,000 919 2,838
Jan 31, 2025 RP Secondary 3,500,000 1,265 2,765
Jan 24, 2025 RP Secondary 4,700,000 1,397 3,363

This project is in Al Wasl

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