by MEYDAN GROUP (L.L.C)·DUBAI WATER CANALResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Apr 1, 2018
Expected Handover
Sep 30, 2024
Official Status
FINISHED
Total Units
165
Avg Unit Size
1704 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 3.62M
PSF
AED 2,211/sqft
Sales 12M
11
vs Area
+1.2%
Asset Turnover
ⓘ
6.7%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
165
Avg Unit Size
1704 sqft
2BR
71.5%1BR
9.7%3BR
18.2%NA
0.6%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 118 | 71.5% |
| 3BR | 30 | 18.2% |
| 1BR | 16 | 9.7% |
| NA | 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% 118 units | 77.8% 21 sold | 1.08 | ✓ BALANCED |
| 3BR | 18.3% 30 units | 14.8% 4 sold | 0.81 | ✓ BALANCED |
| 1BR | 9.8% 16 units | 7.4% 2 sold | 0.76 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
28 Jul 2026 | DUBAI WATER CANAL | 2BR | AED 4.90M | AED 3,128/sqft | Ready | Freehold | |
27 Jul 2026 | DUBAI WATER CANAL | 2BR | AED 4.85M | AED 3,052/sqft | Ready | Freehold | |
15 Jul 2026 | DUBAI WATER CANAL | 3BR | AED 4.88M | AED 2,064/sqft | Ready | Freehold | |
6 Jul 2026 | DUBAI WATER CANAL | 1BR | AED 2.65M | AED 2,768/sqft | Ready | Freehold | |
30 Jun 2026 | DUBAI WATER CANAL | 2BR | AED 4.99M | AED 2,505/sqft | Ready | Freehold | |
29 Apr 2026 | DUBAI WATER CANAL | 2BR | AED 6.00M | AED 3,781/sqft | Ready | Freehold | |
21 Apr 2026 | DUBAI WATER CANAL | 2BR | AED 4.40M | AED 2,773/sqft | Ready | Freehold | |
2 Apr 2026 Published 3 Apr 2026 | DUBAI WATER CANAL | 1BR | AED 3.00M | AED 3,080/sqft | Ready | Freehold | |
10 Mar 2026 | DUBAI WATER CANAL | 2BR | AED 5.15M | AED 2,635/sqft | Ready | Freehold | |
27 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 6.00M | AED 2,647/sqft | Ready | Freehold | |
18 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 4.70M | AED 3,099/sqft | Ready | Freehold | |
18 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 4.70M | AED 3,099/sqft | Ready | Freehold | |
11 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 5.42M | AED 3,383/sqft | Ready | Freehold | |
30 Jan 2026 Published 2 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 4.90M | AED 3,157/sqft | Ready | Freehold | |
20 Jan 2026 | DUBAI WATER CANAL | 2BR | AED 4.85M | AED 3,052/sqft | Ready | Freehold | |
8 Jan 2026 | DUBAI WATER CANAL | 3BR | AED 5.80M | AED 2,695/sqft | Ready | Freehold | |
22 Dec 2025 | DUBAI WATER CANAL | 2BR | AED 4.65M | AED 2,930/sqft | Ready | Freehold | |
25 Nov 2025 | DUBAI WATER CANAL | 2BR | AED 4.00M | AED 2,577/sqft | Ready | Freehold | |
3 Nov 2025 | DUBAI WATER CANAL | 3BR | AED 6.58M | AED 2,682/sqft | Ready | Freehold | |
30 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 4.65M | AED 2,981/sqft | Ready | Freehold | |
30 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 5.00M | AED 3,221/sqft | Ready | Freehold | |
30 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 5.10M | AED 3,278/sqft | Ready | Freehold | |
17 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 3.60M | AED 2,269/sqft | Ready | Freehold | |
10 Oct 2025 | DUBAI WATER CANAL | 3BR | AED 9.00M | AED 2,289/sqft | Ready | Freehold | |
6 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 5.00M | AED 3,297/sqft | Ready | Freehold | |
2 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 4.25M | AED 2,678/sqft | Ready | Freehold | |
25 Aug 2025 | DUBAI WATER CANAL | 2BR | AED 5.00M | AED 3,221/sqft | Ready | Freehold | |
23 Jul 2025 | DUBAI WATER CANAL | 3BR | AED 6.05M | AED 3,130/sqft | Ready | Freehold | |
21 Jul 2025 | DUBAI WATER CANAL | 2BR | AED 5.70M | AED 3,664/sqft | Ready | Freehold | |
26 Jun 2025 | DUBAI WATER CANAL | 2BR | AED 4.50M | AED 2,885/sqft | Ready | Freehold |