Canal Residence West (Phase 1)

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
644
Total Units
585
Sold
⃃ 750,000
Median Price
⃃ 800
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Nov, 2014

Canal Residence West (Phase 1) 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

Studio80450 sqft - 800 sqft⃃ 0.5M (940 /sqft)⃃ 1,450 /sqft
-35.07
1 Bed316710 sqft - 1,550 sqft⃃ 0.8M (880 /sqft)⃃ 1,260 /sqft
-30.2
2 Beds175950 sqft - 2,060 sqft⃃ 1.3M (870 /sqft)⃃ 1,300 /sqft
-33.27
3 Beds192,040 sqft - 2,900 sqft⃃ 1.8M (840 /sqft)⃃ 1,650 /sqft
-49.3

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 (Phase 1)Al Hebiah Fourth
Jan 20189761.0K
Feb 20181.0K955
Mar 20187611.0K
Apr 2018818896
May 2018819911
Jun 2018831895
Jul 2018704879
Aug 2018707805
Sep 2018785910
Oct 2018998819
Nov 2018699649
Dec 2018671667
Jan 2019629738
Feb 2019564752
Mar 2019652759
Apr 2019—710
May 2019592716
Jun 2019—705
Jul 2019544734
Aug 2019609691
Sep 2019409766
Oct 2019986656
Nov 2019632913
Dec 2019598993
Jan 2020570712
Feb 2020558719
Mar 2020603718
Apr 2020—565
May 2020491491
Jun 2020546795
Jul 2020581547
Aug 2020462492
Sep 2020533850
Oct 2020485849
Nov 2020446828
Dec 2020478627
Jan 2021480649
Feb 2021578848
Mar 2021479861
Apr 2021420604
May 2021509878
Jun 2021456895
Jul 2021451799
Aug 2021576814
Sep 2021439801
Oct 2021622954
Nov 2021580896
Dec 2021565847
Jan 2022—847
Feb 2022545802
Mar 20225471.2K
Apr 2022501797
May 2022650828
Jun 2022533865
Jul 2022577877
Aug 2022508755
Sep 2022562877
Oct 2022557817
Nov 2022486776
Dec 2022542759
Jan 2023630704
Feb 20235561.1K
Mar 20235661.0K
Apr 20235581.0K
May 2023581776
Jun 2023589899
Jul 2023492905
Aug 2023610831
Sep 2023665850
Oct 2023611890
Nov 20235841.0K
Dec 20237311.0K
Jan 20247031.1K
Feb 20245081.1K
Mar 20247641.5K
Apr 20246471.5K
May 20248271.4K
Jun 20246951.5K
Jul 20248011.4K
Aug 20247561.4K
Sep 20247211.2K
Oct 20248951.2K
Nov 20247771.1K
Dec 20247491.1K
Jan 20258181.0K
Feb 20258391.0K
Mar 20258461.5K
Apr 20258181.3K
May 20257661.2K
Jun 20257751.4K
Jul 20258391.3K
Aug 20259071.3K
Sep 20259281.2K
Oct 20259181.3K
Nov 20258931.4K
Dec 20258151.5K
Jan 20269311.4K
Feb 20268741.4K
Mar 20269201.4K
Apr 20268921.4K
May 20261.0K1.3K
Jun 20268021.3K
Jul 20269121.3K
Aug 20268811.3K
Sep 20267741.2K
Oct 20268791.4K

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
1Apartment1882 sqft
1Apartment1882 sqft
1Apartment11,081 sqft7.31 sqft
1Apartment1768 sqft
1Apartment1960 sqft
1Apartment11,081 sqft7.31 sqft
1Apartment11,071 sqft
1Apartment11,080 sqft
1Apartment11,195 sqft
1Apartment11,070 sqft
1Apartment11,082 sqft
1Apartment11,081 sqft
1Apartment1761 sqft
1Apartment11,079 sqft
1Apartment11,082 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

Canal Residence West (Phase 1) Real Estate Data – FAQ

  • What is the current property supply in Canal Residence West (Phase 1)?

    Canal Residence West (Phase 1) has a total residential supply of approximately 96 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Canal Residence West (Phase 1)?

    Canal Residence West (Phase 1) recorded 49 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 (Phase 1)?

    The median transaction price in Canal Residence West (Phase 1) is ⃃ 890 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Canal Residence West (Phase 1)?

    The gross rental yield in Canal Residence West (Phase 1) 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 (Phase 1)?

    Property prices in Canal Residence West (Phase 1) have shown a capital appreciation of 8.6% 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 (Phase 1)?

    There are currently 0 active off-plan projects in Canal Residence West (Phase 1), reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Canal Residence West (Phase 1)?

    The total off-plan pipeline in Canal Residence West (Phase 1) includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Canal Residence West (Phase 1) a good area for property investment?

    Canal Residence West (Phase 1) 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 (Phase 1), this is 8%, indicating relatively strong income performance compared to global markets.