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Project · #1555 by 12M value

Canal Front Residences 3

Al Wasl · Meydan Developments

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
1

Market bulletin · Thu, 22 Oct 2026

Canal Front Residences 3: 1 sales worth AED 3.50M in 30 days

Canal Front Residences 3 recorded 1 sale worth AED 3.50M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 3.50M), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Al Wasl, Canal Front Residences 3 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Meydan Developments. Its first registered sale was on 21 October 2024.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25AED 3,001
Mar 25AED 2,837
Feb 25AED 2,902
Jan 25—
Dec 24—
Nov 24—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26001
Sept 26000
Aug 26000
Jul 26003
Jun 26000
May 26001
Apr 26000
Mar 26000
Feb 26000
Jan 26001
Dec 25002
Nov 25002

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month1—AED 3.50M——
Last 3 months2down 33.3%AED 7.10M——
Last 6 months5unchanged 0.0%AED 18.4M2,603down 12.8%
Last 12 months10down 91.7%AED 41.0M2,749up 56.0%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)10100%AED 3.92M2,749up 56.0%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
2 bedrooms990%AED 3.88M2,630up 49.2%
3 bedrooms110%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
AED 2M–10M10100%AED 3.92M2,749up 56.0%

Competing projects in Al Wasl

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Safa GateDamac Properties2123,084up 3.3%
City Walk Crestlane 4 Building AMeraas Development823,342—
Muraba VeilMuraba Properties153,789—
Mr. C Residences DowntownAlta Real Estate Developments283,994—
City Walk Crestlane 5 Building AMeraas Development663,405—
City Walk Crestlane 4 Building BMeraas Development663,378—
City Walk Crestlane 5 Building BMeraas Development593,415—
Eden House The Park GH&H Investment and Development293,904—
One CanalAHS Properties55,959—
Eden House The Park DH&H Investment and Development144,326—

Biggest sales, last 3 months

Biggest sales in Canal Front Residences 3
PricePropertyDate
AED 3.60M2 BR Apartment · 1,502 sqftCanal Front Residences 3 · Al Wasl28 Jul
AED 3.50M2 BR Apartment · 1,345 sqftCanal Front Residences 3 · Al Wasl21 Oct

Questions about Canal Front Residences 3

How many properties were sold in Canal Front Residences 3 in the last year?

10 sales worth AED 41.0M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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