Project · Transactions · 2024

Canal Residence West 2 Property Transactions 2024

85 property sales worth ⃃ 60.99M were registered in Canal Residence West 2 in 2024, 15.8% lower than 2023 by number of sales. The median sale price was ⃃ 675,000 and the median price per square foot ⃃ 852 (+9.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 85 salesUpdated: 19 Oct 2026
Property sales
85
−15.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 60.99M
−1.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 675,000
+23.9% vs 2023
85 sales
Median price per sq ft
⃃ 852
+9.8% vs 2023
85 sales

What types of property sold in Canal Residence West 2 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments85100%⃃ 60.99M⃃ 675,000⃃ 852

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)55.9%⃃ 3.16M⃃ 476,952⃃ 852
Resale (secondary)8094.1%⃃ 57.83M⃃ 690,000⃃ 849
Ready85100%⃃ 60.99M⃃ 675,000⃃ 852

How many rental contracts were registered in Canal Residence West 2 in 2024?

219 rental contracts (new and renewed) were registered in Canal Residence West 2 in 2024, at a median annual rent of ⃃ 50,000 (+4.2% on 2023). Rental yields in Canal Residence West 2

What were the most expensive property sales in Canal Residence West 2 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/09/2024Arabian2 beds · Apartment1,485 sq ft⃃ 1,400,000Resale · Ready
12/07/2024Spanish2 beds · Apartment1,444 sq ft⃃ 1,380,000Resale · Ready
23/07/2024Arabian2 beds · Apartment1,478 sq ft⃃ 1,362,500Resale · Ready
14/08/2024Spanish2 beds · Apartment1,444 sq ft⃃ 1,360,000Resale · Ready
26/07/2024Arabian2 beds · Apartment1,404 sq ft⃃ 1,325,000Resale · Ready
18/11/2024Spanish2 beds · Apartment1,839 sq ft⃃ 1,310,000Resale · Ready
20/08/2024Arabian2 beds · Apartment1,382 sq ft⃃ 1,300,000Resale · Ready
18/07/2024Arabian2 beds · Apartment1,484 sq ft⃃ 1,280,000Resale · Ready
10/07/2024Spanish2 beds · Apartment1,444 sq ft⃃ 1,240,000Resale · Ready
08/07/2024Arabian2 beds · Apartment1,401 sq ft⃃ 1,200,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024SpanishStudio · Apartment457 sq ft⃃ 510,000Resale · Ready
25/12/2024Arabian1 bed · Apartment970 sq ft⃃ 860,000Resale · Ready
17/12/2024ArabianStudio · Apartment569 sq ft⃃ 416,100Resale · Ready
17/12/2024SpanishStudio · Apartment562 sq ft⃃ 550,000Resale · Ready
13/12/2024SpanishStudio · Apartment566 sq ft⃃ 470,000Resale · Ready
12/12/2024SpanishStudio · Apartment623 sq ft⃃ 550,000Resale · Ready
11/12/2024Spanish1 bed · Apartment972 sq ft⃃ 880,000Resale · Ready
11/12/2024Arabian1 bed · Apartment794 sq ft⃃ 720,000Resale · Ready
09/12/2024Arabian1 bed · Apartment840 sq ft⃃ 880,000Resale · Ready
19/11/2024Spanish1 bed · Apartment601 sq ft⃃ 590,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

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-transactions/canal-residence-west-2/2024
Canal Residence West 2 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/canal-residence-west-2/2024

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

Frequently asked questions

How many properties were sold in Canal Residence West 2 in 2024?
85 property sales worth ⃃ 60,992,949 were registered in Canal Residence West 2 in 2024. That is 15.8% lower than 2023.
What was the median property price in Canal Residence West 2 in 2024?
The median sale price was ⃃ 675,000 and the median price per square foot ⃃ 852 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Canal Residence West 2 were off-plan or from developers?
Developer (primary) sales were 5.9% of the 85 sales and resales 94.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/canal-residence-west-2/2024