Project · Dubai Sports City · Sale prices

Studio Apartment Prices in Canal Residence West (Phase 1) 2026

The median sale price of a studio apartment in Canal Residence West (Phase 1) was ⃃ 480,000 in the 12 months to 16 Oct 2026, based on 7 registered sales — 2.1% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 940 (+20.8% year on year). That is 30.3% below the Dubai-wide median of ⃃ 689,000 for the same studio apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 7 salesUpdated: 18 Oct 2026
Median sale price
⃃ 480,000
+2.1% YoY
7 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 940
+20.8% YoY
7 sales · the 12 months to 16 Oct 2026
Registered sales
7
0.0% YoY
worth ⃃ 3.44M · the 12 months to 16 Oct 2026
Gross rental yield
9.17%
median rent ⃃ 44,000/yr · yield details

What are the key price figures for studio apartments in Canal Residence West (Phase 1)?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 480,00012 months to 16 Oct 20267 sales; +2.1% vs the same 12 months a year earlier
Median price per sq ft⃃ 94012 months to 16 Oct 20267 sales; +20.8% vs the same 12 months a year earlier
Number of sales712 months to 16 Oct 20260.0% vs the same 12 months a year earlier
Total sales value⃃ 3,435,73612 months to 16 Oct 2026+0.1% vs the same 12 months a year earlier
Lowest / highest sale⃃ 400K – ⃃ 590K12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range450 – 800 sq ftall units on record80 units
Median annual rent⃃ 44,00012 months to 16 Oct 202646 units currently rented
Gross rental yield9.17%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+10.0%12 months to 16 Oct 2026change in property value over the period
Units on record80current7 sold in the 12 months to 16 Oct 2026 (8.8% of stock)
Units available for sale17currentactive listings matched to units
Developer (primary) median price⃃ 468,000all time80 developer sales; ⃃ 850 per sq ft
Launch date08/11/2008—project record
Completion / handover date05/11/2014—project record

How have apartment prices in Canal Residence West (Phase 1) changed since 2012?

Calendar-year figures for all apartments in Canal Residence West (Phase 1) (a bedroom-level yearly series is not published).

2012–2026 (to 16 Oct 2026)
Canal Residence West (Phase 1) median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201245781
2013139818
2014221919
2015163981
201660966
201734894
201866819
201926607
202034515
202135490
202229545
202368587
202474756
202566839
2026 YTD36885
Registered sales and median price per sq ft by year, Canal Residence West (Phase 1), apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)36part year⃃ 32.08M⃃ 780,000⃃ 885+5.4%
202566−10.8%⃃ 61.11M⃃ 795,000⃃ 839+11.1%
202474+8.8%⃃ 58.37M⃃ 697,500⃃ 756+28.6%
202368+134.5%⃃ 38.72M⃃ 522,500⃃ 587+7.8%
202229−17.1%⃃ 16.36M⃃ 490,000⃃ 545+11.2%
202135+2.9%⃃ 23.29M⃃ 650,000⃃ 490−4.9%
202034+30.8%⃃ 21.22M⃃ 670,000⃃ 515−15.1%
201926−60.6%⃃ 17.63M⃃ 543,000⃃ 607−25.8%
201866+94.1%⃃ 59.77M⃃ 742,754⃃ 819−8.4%
201734−43.3%⃃ 32.05M⃃ 812,650⃃ 894−7.5%
201660−63.2%⃃ 58.65M⃃ 850,000⃃ 966−1.5%
2015163−26.2%⃃ 180.74M⃃ 975,000⃃ 981+6.8%
2014221+59.0%⃃ 214.63M⃃ 805,266⃃ 919+12.3%
2013139+208.9%⃃ 116.12M⃃ 708,700⃃ 818+4.8%
201245—⃃ 38.55M⃃ 804,218⃃ 781—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Canal Residence West (Phase 1) compare with Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricCanal Residence West (Phase 1)Dubai
Median sale price⃃ 480,000⃃ 689,000
Median price per sq ft⃃ 940⃃ 1,750
Price per sq ft YoY+20.8%+3.4%
Sales743,486
Gross rental yield9.17%5.81%

What are the latest registered sales of studio apartments in Canal Residence West (Phase 1)?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
14/08/2026VenetianStudio Apartment456 sq ft⃃ 430,000⃃ 943Resale · Ready
03/08/2026EuropeanStudio Apartment480 sq ft⃃ 480,000⃃ 1,000Resale · Ready
17/02/2026VenetianStudio Apartment681 sq ft⃃ 590,000⃃ 866Resale · Ready
29/01/2026MediterraneanStudio Apartment452 sq ft⃃ 540,000⃃ 1,195Resale · Ready

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Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments with studio layouts, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/canal-residence-west-phase-1/apartments/studio
Studio Apartment Prices in Canal Residence West (Phase 1) 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/canal-residence-west-phase-1/apartments/studio

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Canal Residence West (Phase 1) for studio apartments?
The median sale price of a studio apartment in Canal Residence West (Phase 1) was ⃃ 480,000 in the 12 months to 16 Oct 2026, from 7 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Canal Residence West (Phase 1) for apartments?
The median price per square foot of studio apartments in Canal Residence West (Phase 1) was ⃃ 940 in the 12 months to 16 Oct 2026, +20.8% compared with the same 12 months a year earlier.
How many properties were sold in Canal Residence West (Phase 1) in the last 12 months?
7 sales of studio apartments worth ⃃ 3,435,736 were registered in Canal Residence West (Phase 1) in the 12 months to 16 Oct 2026 (0.0% year on year).
Are property prices in Canal Residence West (Phase 1) going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of studio apartments in Canal Residence West (Phase 1) changed +20.8%. In calendar year 2025 it was ⃃ 839 (+11.1% on 2024), and ⃃ 885 so far in 2026.
What is the rental yield in Canal Residence West (Phase 1) for apartments?
The gross rental yield of studio apartments in Canal Residence West (Phase 1) is 9.17% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 44,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/canal-residence-west-phase-1/apartments/studio