Project · Transactions · 2012

Canal Residence West (Phase 1) Property Transactions 2012

45 property sales worth ⃃ 38.55M were registered in Canal Residence West (Phase 1) in 2012, with no comparable figure for 2011 by number of sales. The median sale price was ⃃ 804,218 and the median price per square foot ⃃ 781.

Period: 1 Jan – 31 Dec 2012Compared with: 2011Sample: 45 salesUpdated: 18 Oct 2026
Property sales
45
1 Jan – 31 Dec 2012
Total value
⃃ 38.55M
1 Jan – 31 Dec 2012
Median sale price
⃃ 804,218
45 sales
Median price per sq ft
⃃ 781
45 sales

What types of property sold in Canal Residence West (Phase 1) in 2012?

1 Jan – 31 Dec 2012

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments45100%⃃ 38.55M⃃ 804,218⃃ 781

How were 2012 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)3986.7%⃃ 35.77M⃃ 867,750⃃ 791
Resale (secondary)613.3%⃃ 2.78M⃃ 368,335⃃ 413
Off-plan45100%⃃ 38.55M⃃ 804,218⃃ 781

What were the most expensive property sales in Canal Residence West (Phase 1) in 2012?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/03/2012Mediterranean3 beds · Apartment2,847 sq ft⃃ 2,235,000Primary · Off-plan
12/03/2012European2 beds · Apartment1,530 sq ft⃃ 1,305,800Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,529 sq ft⃃ 1,192,500Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,529 sq ft⃃ 1,192,500Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,535 sq ft⃃ 1,192,500Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,529 sq ft⃃ 1,192,500Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,529 sq ft⃃ 1,192,500Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,529 sq ft⃃ 1,192,500Primary · Off-plan
26/03/2012Venetian2 beds · Apartment1,529 sq ft⃃ 1,192,500Primary · Off-plan
09/04/2012Mediterranean2 beds · Apartment1,440 sq ft⃃ 1,151,956Primary · Off-plan

What were the last registered sales of 2012?

DatePropertyTypeSizePriceMarket
26/12/2012European1 bed · Apartment847 sq ft⃃ 802,217Resale · Off-plan
22/11/2012European1 bed · Apartment911 sq ft⃃ 270,000Resale · Off-plan
04/11/2012Venetian1 bed · Apartment953 sq ft⃃ 446,670Resale · Off-plan
04/11/2012Venetian2 beds · Apartment1,406 sq ft⃃ 821,715Resale · Off-plan
23/09/2012Venetian1 bed · Apartment813 sq ft⃃ 290,000Resale · Off-plan
16/09/2012Venetian1 bed · Apartment845 sq ft⃃ 967,050Primary · Off-plan
16/09/2012Venetian1 bed · Apartment814 sq ft⃃ 887,250Primary · Off-plan
16/09/2012VenetianStudio · Apartment774 sq ft⃃ 834,750Primary · Off-plan
16/09/2012Venetian1 bed · Apartment813 sq ft⃃ 887,250Primary · Off-plan
16/09/2012Venetian1 bed · Apartment813 sq ft⃃ 887,250Primary · Off-plan

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 2012 with the whole of 2011.
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-phase-1/2012
Canal Residence West (Phase 1) Property Transactions 2012. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/canal-residence-west-phase-1/2012

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 (Phase 1) in 2012?
45 property sales worth ⃃ 38,552,914 were registered in Canal Residence West (Phase 1) in 2012. That is with no comparable figure for 2011.
What was the median property price in Canal Residence West (Phase 1) in 2012?
The median sale price was ⃃ 804,218 and the median price per square foot ⃃ 781 (1 Jan – 31 Dec 2012).
What share of 2012 sales in Canal Residence West (Phase 1) were off-plan or from developers?
Developer (primary) sales were 86.7% of the 45 sales and resales 13.3%. Off-plan units made up 100% and ready units —. 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-phase-1/2012