Project · Transactions · 2020

Canal Residence West (Phase 1) Property Transactions 2020

34 property sales worth ⃃ 21.22M were registered in Canal Residence West (Phase 1) in 2020, 30.8% higher than 2019 by number of sales. The median sale price was ⃃ 670,000 and the median price per square foot ⃃ 515 (−15.1% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 34 salesUpdated: 18 Oct 2026
Property sales
34
+30.8% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 21.22M
+20.4% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 670,000
+23.4% vs 2019
34 sales
Median price per sq ft
⃃ 515
−15.1% vs 2019
34 sales

What types of property sold in Canal Residence West (Phase 1) in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments34100%⃃ 21.22M⃃ 670,000⃃ 515

How were 2020 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)514.7%⃃ 3.66M⃃ 750,000⃃ 556
Resale (secondary)2985.3%⃃ 17.57M⃃ 660,000⃃ 491
Ready34100%⃃ 21.22M⃃ 670,000⃃ 515

How many rental contracts were registered in Canal Residence West (Phase 1) in 2020?

341 rental contracts (new and renewed) were registered in Canal Residence West (Phase 1) in 2020, at a median annual rent of ⃃ 45,000 (−19.0% on 2019). Rental yields in Canal Residence West (Phase 1)

What were the most expensive property sales in Canal Residence West (Phase 1) in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/05/2020Venetian3 beds · Apartment2,853 sq ft⃃ 1,400,000Resale · Ready
10/11/2020Mediterranean3 beds · Apartment2,836 sq ft⃃ 1,200,000Resale · Ready
06/02/2020European2 beds · Apartment1,406 sq ft⃃ 950,000Resale · Ready
12/01/2020Venetian2 beds · Apartment1,440 sq ft⃃ 850,000Primary · Ready
24/02/2020Venetian2 beds · Apartment1,530 sq ft⃃ 850,000Primary · Ready
12/02/2020Venetian2 beds · Apartment1,530 sq ft⃃ 770,000Resale · Ready
22/10/2020Venetian2 beds · Apartment1,843 sq ft⃃ 760,000Resale · Ready
21/09/2020European3 beds · Apartment2,847 sq ft⃃ 758,624Resale · Ready
21/09/2020European3 beds · Apartment2,846 sq ft⃃ 758,395Resale · Ready
18/06/2020Mediterranean2 beds · Apartment1,373 sq ft⃃ 750,000Primary · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
30/12/2020Venetian2 beds · Apartment1,530 sq ft⃃ 732,000Primary · Ready
15/11/2020European2 beds · Apartment1,406 sq ft⃃ 660,000Resale · Ready
10/11/2020Mediterranean3 beds · Apartment2,836 sq ft⃃ 1,200,000Resale · Ready
28/10/2020European1 bed · Apartment910 sq ft⃃ 480,000Resale · Ready
22/10/2020Venetian2 beds · Apartment1,843 sq ft⃃ 760,000Resale · Ready
21/10/2020Venetian1 bed · Apartment716 sq ft⃃ 350,000Resale · Ready
20/10/2020Mediterranean1 bed · Apartment1,082 sq ft⃃ 430,000Resale · Ready
14/10/2020Venetian1 bed · Apartment814 sq ft⃃ 465,000Resale · Ready
08/10/2020Mediterranean2 beds · Apartment1,561 sq ft⃃ 750,000Resale · Ready
21/09/2020European3 beds · Apartment2,847 sq ft⃃ 758,624Resale · 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 2020 with the whole of 2019.
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-1/2020
Canal Residence West (Phase 1) Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/canal-residence-west-phase-1/2020

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 2020?
34 property sales worth ⃃ 21,222,772 were registered in Canal Residence West (Phase 1) in 2020. That is 30.8% higher than 2019.
What was the median property price in Canal Residence West (Phase 1) in 2020?
The median sale price was ⃃ 670,000 and the median price per square foot ⃃ 515 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Canal Residence West (Phase 1) were off-plan or from developers?
Developer (primary) sales were 14.7% of the 34 sales and resales 85.3%. 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-1/2020