by PRIVATE RESIDENCES DUBAI L.L.C·DUBAI WATER CANALResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Oct 1, 2020
Expected Handover
Sep 22, 2022
Official Status
FINISHED
Total Units
30
Avg Unit Size
5216 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 24.90M
PSF
AED 5,340/sqft
Sales 12M
2
vs Area
+596.7%
Asset Turnover
ⓘ
6.7%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
30
Avg Unit Size
5216 sqft
4BR+
36.7%2BR
16.7%3BR
43.3%NA
3.3%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 3BR | 13 | 43.3% |
| 4BR+ | 11 | 36.7% |
| 2BR | 5 | 16.7% |
| NA | 1 | 3.3% |
Price & Volume Trend
Unit Liquidity Matrix
⚠️ Ghost Units DetectedCompares 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 |
|---|---|---|---|---|
| 3BR | 44.8% 13 units | 50.0% 1 sold | 1.12 | ⚠️ STAGNANT |
| 4BR+ | 37.9% 11 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 2BR | 17.2% 5 units | 50.0% 1 sold | 2.91 | ⚠️ STAGNANT |
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
10 Nov 2025 | DUBAI WATER CANAL | 2BR | AED 36.33M | AED 14,688/sqft | Ready | Freehold | |
15 Oct 2025 | DUBAI WATER CANAL | 3BR | AED 37.00M | AED 9,658/sqft | Ready | Freehold | |
8 May 2025 | DUBAI WATER CANAL | 4BR+ | AED 52.50M | AED 9,059/sqft | Ready | Freehold | |
7 Apr 2025 | DUBAI WATER CANAL | 4BR+ | AED 140.00M | AED 14,826/sqft | Ready | Freehold | |
24 Jan 2025 | DUBAI WATER CANAL | 3BR | AED 8.00M | AED 5,369/sqft | Ready | Freehold | |
13 Jun 2024 | DUBAI WATER CANAL | 3BR | AED 38.80M | AED 6,829/sqft | Ready | Freehold | |
25 Apr 2024 | DUBAI WATER CANAL | 4BR+ | AED 72.00M | AED 8,759/sqft | Ready | Freehold | |
5 Mar 2024 | DUBAI WATER CANAL | 3BR | AED 26.65M | AED 8,216/sqft | Ready | Freehold | |
22 Feb 2024 | DUBAI WATER CANAL | 2BR | AED 32.70M | AED 13,222/sqft | Ready | Freehold | |
1 May 2023 | DUBAI WATER CANAL | 4BR+ | AED 78.00M | AED 10,863/sqft | Ready | Freehold | |
19 Jan 2023 | DUBAI WATER CANAL | 3BR | AED 54.00M | AED 9,504/sqft | Ready | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 4BR+ | AED 40.75M | AED 3,813/sqft | Off-plan | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 4BR+ | AED 57.88M | AED 6,110/sqft | Off-plan | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 4BR+ | AED 40.75M | AED 3,813/sqft | Off-plan | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 3BR | AED 14.49M | AED 4,182/sqft | Off-plan | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 2BR | AED 10.75M | AED 4,499/sqft | Off-plan | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 4BR+ | AED 44.73M | AED 4,184/sqft | Off-plan | Freehold | |
28 Dec 2022 | DUBAI WATER CANAL | 2BR | AED 10.51M | AED 4,401/sqft | Off-plan | Freehold | |
5 Dec 2022 | DUBAI WATER CANAL | 3BR | AED 37.00M | AED 9,764/sqft | Off-plan | Freehold | |
30 Nov 2022 | DUBAI WATER CANAL | 3BR | AED 35.00M | AED 10,910/sqft | Off-plan | Freehold | |
17 Nov 2022 | DUBAI WATER CANAL | 2BR | AED 21.00M | AED 8,486/sqft | Off-plan | Freehold | |
15 Nov 2022 | DUBAI WATER CANAL | 3BR | AED 26.90M | AED 8,317/sqft | Off-plan | Freehold | |
2 Aug 2022 | DUBAI WATER CANAL | 3BR | AED 23.00M | AED 7,122/sqft | Off-plan | Freehold | |
25 Jul 2022 | DUBAI WATER CANAL | 3BR | AED 25.50M | AED 7,886/sqft | Off-plan | Freehold | |
28 Jun 2022 | DUBAI WATER CANAL | 3BR | AED 24.50M | AED 7,081/sqft | Off-plan | Freehold | |
15 Jun 2022 | DUBAI WATER CANAL | 3BR | AED 22.00M | AED 6,792/sqft | Off-plan | Freehold | |
15 Jun 2022 | DUBAI WATER CANAL | 2BR | AED 16.00M | AED 6,790/sqft | Off-plan | Freehold | |
15 Apr 2022 | DUBAI WATER CANAL | 3BR | AED 19.98M | AED 5,274/sqft | Off-plan | Freehold | |
15 Apr 2022 | DUBAI WATER CANAL | 4BR+ | AED 49.31M | AED 6,000/sqft | Off-plan | Freehold | |
16 Mar 2022 | DUBAI WATER CANAL | 3BR | AED 15.56M | AED 4,812/sqft | Off-plan | Freehold |