by MEYDAN GROUP (L.L.C)·DUBAI WATER CANALResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
May 1, 2018
Expected Handover
Dec 31, 2024
Official Status
FINISHED
Total Units
374
Avg Unit Size
1495 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 3.51M
PSF
AED 2,229/sqft
Sales 12M
12
vs Area
-1.7%
Asset Turnover
ⓘ
3.2%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
374
Avg Unit Size
1495 sqft
1BR
16.0%2BR
67.6%3BR
10.2%NA
6.1%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 253 | 67.6% |
| 1BR | 60 | 16.0% |
| 3BR | 38 | 10.2% |
| NA | 23 | 6.1% |
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 | 72.1% 253 units | 60.0% 15 sold | 0.83 | ✓ BALANCED |
| 1BR | 17.1% 60 units | 32.0% 8 sold | 1.87 | 🔥 HIGH DEMAND |
| 3BR | 10.8% 38 units | 8.0% 2 sold | 0.74 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
3 Aug 2026 | DUBAI WATER CANAL | 1BR | AED 2.75M | AED 2,820/sqft | Ready | Freehold | |
28 Jul 2026 | DUBAI WATER CANAL | 1BR | AED 3.80M | AED 3,768/sqft | Ready | Freehold | |
26 Jun 2026 | DUBAI WATER CANAL | 2BR | AED 5.15M | AED 2,962/sqft | Ready | Freehold | |
16 Jun 2026 | DUBAI WATER CANAL | 2BR | AED 3.60M | AED 2,642/sqft | Ready | Freehold | |
15 May 2026 Published 18 May 2026 | DUBAI WATER CANAL | 2BR | AED 3.39M | AED 2,203/sqft | Ready | Freehold | |
29 Apr 2026 | DUBAI WATER CANAL | 2BR | AED 3.78M | AED 2,661/sqft | Ready | Freehold | |
6 Mar 2026 | DUBAI WATER CANAL | 1BR | AED 2.79M | AED 3,014/sqft | Ready | Freehold | |
5 Mar 2026 | DUBAI WATER CANAL | 1BR | AED 2.86M | AED 2,858/sqft | Ready | Freehold | |
25 Feb 2026 Published 26 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 4.71M | AED 3,312/sqft | Ready | Freehold | |
17 Feb 2026 Published 18 Feb 2026 | DUBAI WATER CANAL | 2BR | AED 6.27M | AED 4,246/sqft | Ready | Freehold | |
10 Feb 2026 | DUBAI WATER CANAL | 3BR | AED 8.10M | AED 3,875/sqft | Ready | Freehold | |
9 Feb 2026 | DUBAI WATER CANAL | NA | AED 5.00M | AED 4,501/sqft | Ready | Freehold | |
27 Jan 2026 | DUBAI WATER CANAL | 2BR | AED 5.30M | AED 3,391/sqft | Ready | Freehold | |
22 Jan 2026 | DUBAI WATER CANAL | 2BR | AED 4.80M | AED 2,953/sqft | Ready | Freehold | |
9 Jan 2026 | DUBAI WATER CANAL | 2BR | AED 4.90M | AED 2,992/sqft | Ready | Freehold | |
9 Dec 2025 | DUBAI WATER CANAL | 1BR | AED 2.65M | AED 2,727/sqft | Ready | Freehold | |
26 Nov 2025 | DUBAI WATER CANAL | 2BR | AED 4.10M | AED 2,587/sqft | Ready | Freehold | |
24 Nov 2025 | DUBAI WATER CANAL | AED 6.44M | AED 6,499/sqft | Ready | Freehold | ||
18 Nov 2025 | DUBAI WATER CANAL | 2BR | AED 3.85M | AED 2,614/sqft | Ready | Freehold | |
10 Nov 2025 | DUBAI WATER CANAL | 3BR | AED 7.95M | AED 3,804/sqft | Ready | Freehold | |
3 Nov 2025 | DUBAI WATER CANAL | 1BR | AED 2.50M | AED 3,046/sqft | Ready | Freehold | |
28 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 4.60M | AED 2,901/sqft | Ready | Freehold | |
21 Oct 2025 | DUBAI WATER CANAL | 2BR | AED 4.80M | AED 3,411/sqft | Ready | Freehold | |
29 Sep 2025 | DUBAI WATER CANAL | 1BR | AED 2.50M | AED 2,572/sqft | Ready | Freehold | |
26 Sep 2025 | DUBAI WATER CANAL | 2BR | AED 5.92M | AED 3,668/sqft | Ready | Freehold | |
17 Sep 2025 | DUBAI WATER CANAL | 1BR | AED 2.80M | AED 3,156/sqft | Ready | Freehold | |
8 Sep 2025 | DUBAI WATER CANAL | 2BR | AED 6.15M | AED 3,675/sqft | Ready | Freehold | |
14 Aug 2025 | DUBAI WATER CANAL | 2BR | AED 4.75M | AED 3,088/sqft | Ready | Freehold | |
14 Aug 2025 | DUBAI WATER CANAL | 2BR | AED 5.30M | AED 3,343/sqft | Ready | Freehold | |
14 Aug 2025 | DUBAI WATER CANAL | 1BR | AED 2.61M | AED 2,608/sqft | Ready | Freehold |