Canal Front Residences 8 - Tower 3

P1 — Delivered Off-Plan Primary
Developer Meydan Developments L.L.C
Community Al Wasl
Property type Apartment
Data updated Jan 27, 2026

Canal Front Residences 8 - Tower 3 is a Delivered development by Meydan Developments L.L.C in Al Wasl. 76 units across 2 Bedroom (70%), 1 Bedroom (28%), 3 Bedroom (3%). Over the trailing 12 months, 154 sales at a median of AED 4,600,000.

Key Metrics
Median Price
Value
AED 4,600,000
Change
4.8% YoY
Transactions
Value
154
Change
35 in period
Price / sqft
Value
AED 2,990
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 4,600,000
↑ 4.8% YoY
Transactions
154
↑ 35 in period
Price / sqft
AED 2,990
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
32.2%
Community avg
Holding Period
Value
0.9 yrs
Community avg
Liquidity
Value
46.0%
Price Dispersion
Value
14.3%
Ready Market Mix
Value
0.0%
Rental Activity
Value
15.8%
Capital Return
32.2%
Community avg
Holding Period
0.9 yrs
Community avg
Liquidity
46.0%
Price Dispersion
14.3%
Ready Market Mix
0.0%
Rental Activity
15.8%

Rental Performance

Rental Volume
Value
18
Avg Annual Rent
Value
AED 218,125
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
18
Avg Annual Rent
AED 218,125
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
1 Bedroom 21 units · 28%
2 Bedroom 53 units · 70%
3 Bedroom 2 units · 3%

Transaction Breakdown

All time — 154 transactions
Off-Plan Primary
76
Off-Plan Secondary
35
Ready Secondary
43

Price History

Median Price — Canal Front Residences 8 - Tower 3

Median prices in Canal Front Residences 8 - Tower 3 have trended upward, rising 11% to AED 5.1M over the past 6 months.

Recent Transactions

Showing last 10 of 154
Date Type Price (AED) Size (sqft) AED/sqft
Jan 27, 2026 RP Secondary 5,300,000 1,562 3,391
Jan 09, 2026 RP Secondary 4,900,000 1,637 2,992
Sep 17, 2025 RP Secondary 2,800,000 887 3,155
Aug 14, 2025 RP Secondary 4,750,000 1,538 3,087
Jun 18, 2025 RP Secondary 4,700,000 1,538 3,054
Jun 12, 2025 RP Secondary 4,650,000 1,641 2,832
May 13, 2025 RP Secondary 4,725,000 1,562 3,023
May 09, 2025 RP Secondary 3,965,310 1,545 2,565
May 09, 2025 RP Secondary 3,628,820 1,545 2,347
May 09, 2025 RP Secondary 3,911,585 1,538 2,542

This project is in Al Wasl

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