Project · Transactions · 2014

Canal Residence West (Phase 1) Property Transactions 2014

221 property sales worth ⃃ 214.63M were registered in Canal Residence West (Phase 1) in 2014, 59.0% higher than 2013 by number of sales. The median sale price was ⃃ 805,266 and the median price per square foot ⃃ 919 (+12.3% on 2013).

Period: 1 Jan – 31 Dec 2014Compared with: 2013Sample: 221 salesUpdated: 18 Oct 2026
Property sales
221
+59.0% vs 2013
1 Jan – 31 Dec 2014
Total value
⃃ 214.63M
+84.8% vs 2013
1 Jan – 31 Dec 2014
Median sale price
⃃ 805,266
+13.6% vs 2013
221 sales
Median price per sq ft
⃃ 919
+12.3% vs 2013
221 sales

What types of property sold in Canal Residence West (Phase 1) in 2014?

1 Jan – 31 Dec 2014

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments221100%⃃ 214.63M⃃ 805,266⃃ 919

How were 2014 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)9844.3%⃃ 104.1M⃃ 813,708⃃ 935
Resale (secondary)12355.7%⃃ 110.53M⃃ 802,300⃃ 897
Off-plan9944.8%⃃ 89.21M⃃ 741,100⃃ 853
Ready12255.2%⃃ 125.42M⃃ 837,189⃃ 973

How many rental contracts were registered in Canal Residence West (Phase 1) in 2014?

1 rental contracts (new and renewed) were registered in Canal Residence West (Phase 1) in 2014, at a median annual rent of ⃃ 212,642. Rental yields in Canal Residence West (Phase 1)

What were the most expensive property sales in Canal Residence West (Phase 1) in 2014?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/12/2014European3 beds · Apartment2,847 sq ft⃃ 3,124,560Primary · Ready
29/12/2014European3 beds · Apartment2,846 sq ft⃃ 3,124,560Primary · Ready
22/10/2014Mediterranean3 beds · Apartment2,905 sq ft⃃ 2,936,522Primary · Ready
02/03/2014European3 beds · Apartment2,083 sq ft⃃ 2,307,910Primary · Off-plan
25/08/2014European3 beds · Apartment2,087 sq ft⃃ 2,303,290Primary · Off-plan
28/09/2014Mediterranean2 beds · Apartment2,062 sq ft⃃ 2,272,649Primary · Ready
01/02/2014Venetian2 beds · Apartment1,440 sq ft⃃ 2,261,033Resale · Off-plan
09/11/2014European2 beds · Apartment1,444 sq ft⃃ 2,232,231Primary · Ready
19/06/2014Mediterranean2 beds · Apartment1,485 sq ft⃃ 2,217,734Primary · Ready
09/11/2014European2 beds · Apartment2,050 sq ft⃃ 2,008,808Primary · Ready

What were the last registered sales of 2014?

DatePropertyTypeSizePriceMarket
29/12/2014European1 bed · Apartment849 sq ft⃃ 788,262Primary · Ready
29/12/2014European1 bed · Apartment847 sq ft⃃ 668,500Primary · Ready
29/12/2014European3 beds · Apartment2,847 sq ft⃃ 3,124,560Primary · Ready
29/12/2014European3 beds · Apartment2,846 sq ft⃃ 3,124,560Primary · Ready
29/12/2014European1 bed · Apartment728 sq ft⃃ 708,960Resale · Ready
29/12/2014European1 bed · Apartment1,546 sq ft⃃ 802,300Primary · Ready
29/12/2014MediterraneanStudio · Apartment582 sq ft⃃ 466,500Primary · Ready
24/12/2014European1 bed · Apartment1,546 sq ft⃃ 802,300Resale · Ready
24/12/2014EuropeanStudio · Apartment535 sq ft⃃ 657,600Resale · Ready
23/12/2014EuropeanStudio · Apartment524 sq ft⃃ 561,488Primary · 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 2014 with the whole of 2013.
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-1/2014
Canal Residence West (Phase 1) Property Transactions 2014. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/canal-residence-west-phase-1/2014

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 2014?
221 property sales worth ⃃ 214,634,876 were registered in Canal Residence West (Phase 1) in 2014. That is 59.0% higher than 2013.
What was the median property price in Canal Residence West (Phase 1) in 2014?
The median sale price was ⃃ 805,266 and the median price per square foot ⃃ 919 (1 Jan – 31 Dec 2014).
What share of 2014 sales in Canal Residence West (Phase 1) were off-plan or from developers?
Developer (primary) sales were 44.3% of the 221 sales and resales 55.7%. Off-plan units made up 44.8% and ready units 55.2%. 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-1/2014