by MEYDAN GROUP (L.L.C)·DUBAI WATER CANALResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Oct 1, 2019
Expected Handover
Mar 31, 2024
Official Status
FINISHED
Total Units
154
Avg Unit Size
1424 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 2.74M
PSF
AED 2,022/sqft
Sales 12M
6
vs Area
-23.3%
Asset Turnover
ⓘ
3.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
154
Avg Unit Size
1424 sqft
3BR
6.5%NA
2.6%2BR
70.1%4BR+
0.6%1BR
20.1%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 108 | 70.1% |
| 1BR | 31 | 20.1% |
| 3BR | 10 | 6.5% |
| NA | 4 | 2.6% |
| 4BR+ | 1 | 0.6% |
Price & Volume Trend
Unit Liquidity Matrix
Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 2BR | 72.0% 108 units | 69.2% 9 sold | 0.96 | ✓ BALANCED |
| 1BR | 20.7% 31 units | 15.4% 2 sold | 0.74 | ⚠️ STAGNANT |
| 3BR | 6.7% 10 units | 7.7% 1 sold | 1.15 | ⚠️ STAGNANT |
| 4BR+ | 0.7% 1 units | 7.7% 1 sold | 11.00 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
23 Jul 2026 | DUBAI WATER CANAL | 2BR | AED 3.65M | AED 2,464/sqft | Ready | Freehold | |
3 Jul 2026 | DUBAI WATER CANAL | 2BR | AED 3.85M | AED 2,725/sqft | Ready | Freehold | |
23 May 2026 Published 25 May 2026 | DUBAI WATER CANAL | 2BR | AED 3.44M | AED 2,390/sqft | Ready | Freehold | |
6 May 2026 | DUBAI WATER CANAL | 1BR | AED 2.45M | AED 2,020/sqft | Ready | Freehold | |
10 Mar 2026 | DUBAI WATER CANAL | 3BR | AED 7.35M | AED 4,168/sqft | Ready | Freehold | |
9 Mar 2026 | DUBAI WATER CANAL | 2BR | AED 4.90M | AED 3,656/sqft | Ready | Freehold | |
26 Jan 2026 | DUBAI WATER CANAL | 2BR | AED 4.55M | AED 3,428/sqft | Ready | Freehold | |
18 Dec 2025 | DUBAI WATER CANAL | 2BR | AED 4.15M | AED 2,609/sqft | Ready | Freehold | |
8 Dec 2025 | DUBAI WATER CANAL | 2BR | AED 4.80M | AED 3,338/sqft | Ready | Freehold | |
13 Nov 2025 | DUBAI WATER CANAL | 4BR+ | AED 14.20M | AED 3,700/sqft | Ready | Freehold | |
23 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 5.34M | AED 2,386/sqft | Ready | Freehold | |
30 Sep 2025 | DUBAI WATER CANAL | 2BR | AED 3.98M | AED 2,958/sqft | Ready | Freehold | |
3 Sep 2025 | DUBAI WATER CANAL | 1BR | AED 2.50M | AED 2,715/sqft | Ready | Freehold | |
12 Aug 2025 | DUBAI WATER CANAL | 2BR | AED 3.75M | AED 2,730/sqft | Ready | Freehold | |
10 Jul 2025 | DUBAI WATER CANAL | 2BR | AED 4.60M | AED 3,283/sqft | Ready | Freehold | |
23 May 2025 | DUBAI WATER CANAL | 2BR | AED 3.65M | AED 2,583/sqft | Ready | Freehold | |
22 May 2025 | DUBAI WATER CANAL | 2BR | AED 3.90M | AED 2,682/sqft | Ready | Freehold | |
25 Apr 2025 | DUBAI WATER CANAL | 1BR | AED 2.63M | AED 2,856/sqft | Ready | Freehold | |
7 Apr 2025 | DUBAI WATER CANAL | 2BR | AED 4.50M | AED 3,184/sqft | Ready | Freehold | |
5 Mar 2025 | DUBAI WATER CANAL | 1BR | AED 2.61M | AED 2,839/sqft | Ready | Freehold | |
24 Feb 2025 | DUBAI WATER CANAL | 3BR | AED 7.60M | AED 4,102/sqft | Ready | Freehold | |
3 Feb 2025 | DUBAI WATER CANAL | 1BR | AED 3.50M | AED 2,766/sqft | Ready | Freehold | |
31 Jan 2025 | DUBAI WATER CANAL | 2BR | AED 4.15M | AED 3,009/sqft | Ready | Freehold | |
24 Jan 2025 | DUBAI WATER CANAL | 2BR | AED 4.70M | AED 3,364/sqft | Ready | Freehold | |
19 Dec 2024 | DUBAI WATER CANAL | 2BR | AED 4.20M | AED 2,836/sqft | Ready | Freehold | |
10 Dec 2024 | DUBAI WATER CANAL | 2BR | AED 3.85M | AED 2,676/sqft | Ready | Freehold | |
2 Dec 2024 | DUBAI WATER CANAL | 1BR | AED 2.63M | AED 2,174/sqft | Ready | Freehold | |
19 Nov 2024 | DUBAI WATER CANAL | 2BR | AED 4.04M | AED 3,017/sqft | Ready | Freehold | |
7 Nov 2024 | DUBAI WATER CANAL | 2BR | AED 5.50M | AED 4,077/sqft | Ready | Freehold | |
4 Nov 2024 | DUBAI WATER CANAL | 1BR | AED 2.40M | AED 2,610/sqft | Ready | Freehold |