Canal Residence West 2

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Dubai Sports City
420
Total Units
383
Sold
⃃ 700,000
Median Price
⃃ 880
Median Price /sqft
Construction progress: 100%
Start: Sep, 2017Completion: Mar, 2020

Canal Residence West 2 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio136360 sqft - 760 sqft⃃ 0.6M (990 /sqft)⃃ 1,450 /sqft
-32.12
1 Bed162600 sqft - 1,260 sqft⃃ 0.8M (990 /sqft)⃃ 1,260 /sqft
-21.63
2 Beds801,070 sqft - 2,160 sqft⃃ 1.1M (940 /sqft)⃃ 1,300 /sqft
-27.91
3 Beds122,310 sqft - 3,040 sqft⃃ 2.3M (950 /sqft)⃃ 1,650 /sqft
-42.51
4 Beds14,800 sqft - 4,800 sqft⃃ 1,980 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Canal Residence West 2Al Hebiah Fourth
Jan 2018—1.0K
Feb 2018—955
Mar 20181.1K1.0K
Apr 20181.1K896
May 20181.0K911
Jun 20181.1K895
Jul 2018—879
Aug 20181.1K805
Sep 20181.1K910
Oct 20181.1K819
Nov 2018—649
Dec 20181.1K667
Jan 20191.0K738
Feb 20191.1K752
Mar 20191.1K759
Apr 20191.1K710
May 20191.1K716
Jun 2019—705
Jul 20191.1K734
Aug 20191.0K691
Sep 20191.0K766
Oct 20191.1K656
Nov 20191.1K913
Dec 20191.1K993
Jan 20201.1K712
Feb 2020991719
Mar 20201.0K718
Apr 2020—565
May 2020—491
Jun 20201.1K795
Jul 2020783547
Aug 20201.0K492
Sep 2020947850
Oct 2020798849
Nov 20201.0K828
Dec 2020730627
Jan 2021934649
Feb 2021908848
Mar 2021418861
Apr 2021420604
May 2021616878
Jun 2021627895
Jul 2021571799
Aug 2021579814
Sep 2021549801
Oct 2021555954
Nov 2021571896
Dec 2021507847
Jan 2022517847
Feb 2022—802
Mar 20225021.2K
Apr 2022547797
May 2022822828
Jun 2022650865
Jul 2022698877
Aug 2022745755
Sep 2022757877
Oct 2022754817
Nov 2022742776
Dec 2022600759
Jan 2023722704
Feb 20237631.1K
Mar 20237381.0K
Apr 20237131.0K
May 2023755776
Jun 2023821899
Jul 2023830905
Aug 2023799831
Sep 2023754850
Oct 2023825890
Nov 20237831.0K
Dec 20238301.0K
Jan 20248341.1K
Feb 20248451.1K
Mar 20248281.5K
Apr 20248771.5K
May 20249391.4K
Jun 20248951.5K
Jul 20248921.4K
Aug 20248661.4K
Sep 20248601.2K
Oct 20241.0K1.2K
Nov 20247891.1K
Dec 20249051.1K
Jan 20258741.0K
Feb 20259011.0K
Mar 20259311.5K
Apr 20259751.3K
May 20251.0K1.2K
Jun 20259161.4K
Jul 20259791.3K
Aug 20259991.3K
Sep 20259421.2K
Oct 20259481.3K
Nov 20251.0K1.4K
Dec 20259731.5K
Jan 20261.1K1.4K
Feb 20269631.4K
Mar 20261.0K1.4K
Apr 20265981.4K
May 20261.0K1.3K
Jun 20261.0K1.3K
Jul 20269321.3K
Aug 20269811.3K
Sep 20269151.2K
Oct 20269471.4K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment11,103 sqft18.01 sqft
1Apartment1709 sqft5.39 sqft
1Apartment1964 sqft0 sqft
1Apartment11,041 sqft11.57 sqft
1Apartment1707 sqft5.39 sqft
1Apartment11,202 sqft18.03 sqft
1Apartment11,214 sqft15.39 sqft
1Apartment1867 sqft10.33 sqft
1Apartment1848 sqft10.33 sqft
1Apartment1714 sqft5.61 sqft
1Apartment11,106 sqft18.03 sqft
1Apartment1949 sqft0 sqft
1Apartment1949 sqft0 sqft
1Apartment1713 sqft5.61 sqft
1Apartment11,102 sqft17.96 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

Canal Residence West 2 Real Estate Data – FAQ

  • What is the current property supply in Canal Residence West 2?

    Canal Residence West 2 has a total residential supply of approximately 77 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Canal Residence West 2?

    Canal Residence West 2 recorded 37 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Canal Residence West 2?

    The median transaction price in Canal Residence West 2 is ⃃ 980 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Canal Residence West 2?

    The gross rental yield in Canal Residence West 2 is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Canal Residence West 2?

    Property prices in Canal Residence West 2 have shown a capital appreciation of 6.51% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Canal Residence West 2?

    There are currently 0 active off-plan projects in Canal Residence West 2, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Canal Residence West 2?

    The total off-plan pipeline in Canal Residence West 2 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Canal Residence West 2 a good area for property investment?

    Canal Residence West 2 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 8%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Canal Residence West 2, this is 8%, indicating relatively strong income performance compared to global markets.