Canal Residence West in Dubai Sports City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Canal Residence West

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	42	10,137	425,736
1	77	8,815	675,000
2	154	8,758	1,350,000

Rents in Canal Residence West

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	85	770	65,667
2	134	970	130,000

The cap rate (rental yield) of investments into Canal Residence West project is 9.5% on average.

The price of an apartment in Canal Residence West is 8,873 AED/sqm on average.

The long term rent of an apartment in Canal Residence West is 838 AED/sqm/year on average.

Price for completed Studio apartment in Canal Residence West is 425,736 AED or 10,137 AED/sqm.
Price for completed 1 bedroom apartment in Canal Residence West is 675,000 AED or 8,815 AED/sqm.
Price for completed 2 bedroom apartment in Canal Residence West is 1,350,000 AED or 8,758 AED/sqm.

Rent for 1 bedroom apartment in Canal Residence West is 65,667 AED or 770 AED/sqm.
Rent for 2 bedroom apartment in Canal Residence West is 130,000 AED or 970 AED/sqm.

About Canal Residence West

'Canal Residence West' in 'Dubai Sports City' area project description

Canal Residence West (phase 1) is a luxurious residential project located in the heart of Dubai, UAE. It is developed by Dubai Properties, one of the leading real estate developers in the region. The project is situated in the Dubai Water Canal, offering a unique waterfront lifestyle to its residents.

The project consists of two towers, each with a height of 35 storeys. The towers offer a range of modern and stylish apartments, ranging from one, two, and three-bedroom units. All the apartments are equipped with high-end amenities, such as modern kitchens, built-in wardrobes, and marble flooring. The apartments also feature balconies with stunning views of the canal and the city skyline.

The project also offers a range of lifestyle amenities for its residents. These include a fully-equipped gym, a swimming pool, a Jacuzzi, a sauna, and a steam room. There is also a children’s play area and a multi-purpose hall. The project also offers a range of retail outlets, restaurants, and cafes.

The project is located in close proximity to some of the city’s main attractions, such as the Dubai Mall, the Burj Khalifa, and the Dubai International Financial Centre. It is also close to the Dubai Metro, making it easy for residents to commute to different parts of the city.

Canal Residence West (phase 1) is a luxurious residential project that offers a unique waterfront lifestyle to its residents. It is located in the heart of Dubai, close to some of the city’s main attractions. The project offers a range of modern and stylish apartments, as well as a range of lifestyle amenities. It is the perfect place for those looking for a luxurious lifestyle in the heart of Dubai.

Q&A on Canal Residence West

What are the advantages of 'Canal Residence West' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Canal Residence West (phase 1) is located in the heart of Dubai, offering easy access to the city’s major attractions, such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre.

2. Luxury Amenities: The project offers a range of luxurious amenities, including a swimming pool, gym, sauna, and steam room.

3. High Quality Construction: Canal Residence West (phase 1) is built with high-quality materials and modern construction techniques, ensuring that the project meets all safety and quality standards.

4. Affordable Prices: The project offers competitive prices, making it an attractive option for real estate buyers.

5. Flexible Payment Plans: Canal Residence West (phase 1) offers flexible payment plans, allowing buyers to purchase the property in installments.

What projects are better than 'Canal Residence West' project in Dubai which are located close by, and why?

Victory Heights: Offers a range of villas and townhouses with lush landscaping and world-class golfing facilities, making it ideal for families.

Els Club: A collection of premium residences located around an 18-hole championship golf course designed by Ernie Els, providing a luxurious lifestyle with exclusive amenities.

The Matrix: Modern apartments with cutting-edge design, featuring high-end finishes and comprehensive amenities such as gyms, pools, and retail outlets.

Hamdan Sports Complex Residences: Situated close to extensive sports facilities, including swimming, tennis, and more, perfect for athletes and sports enthusiasts.

Royal Residence: Stylish apartments that offer panoramic views and superior fittings, with a host of leisure facilities including a gym and swimming pool.

The Medalist: Provides high-end apartments with unique architectural design, superior interiors, and close proximity to sports venues.

Each of these projects offers a unique blend of luxury, amenities, and proximity to sports facilities, making them competitive alternatives to Canal Residence West.