What is the price of Canal Front Residences By Meydan?

Canal Front Residences By Meydan is priced from AED 2.7M in Al Wasl, Dubai.

What is the payment plan for Canal Front Residences By Meydan?

Canal Front Residences By Meydan offers a 20/40/40 payment plan with handover expected TBC.

What rental yield does Canal Front Residences By Meydan offer?

Projected gross rental yield for Canal Front Residences By Meydan is 5.5 to 7.5% annually.

When is Canal Front Residences By Meydan handover?

Canal Front Residences By Meydan is scheduled for handover in TBC in Al Wasl, Dubai.

Can foreigners buy Canal Front Residences By Meydan?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

UAE Real Estate · Dubai

Canal Front Residences By Meydan in Al Wasl

Canal Front Residences By Meydan Al Wasl render

Canal Front Residences By Meydan interior

Canal Front Residences By Meydan amenities

Launch Price

AED 2.7M

Property Type

Apartment

Bedrooms

1 - 3 Beds

Payment Plan

20/40/40

Handover

TBC

Projected Yield

5.5 to 7.5%

Canal Front Residences By Meydan covers 1 - 3 beds configurations in Al Wasl, Dubai, from AED 2.7M. Buyers pay 20% on booking, 40% across the construction phase, and settle the final 40% on handover. Market conditions in Al Wasl support projected gross yields between 5.5 and 7.5 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Canal Front Residences By Meydan fits what you can comfortably pay each month.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 37,241. No mortgage or bank approval required.

Phase	%	Amount
On Booking	20%	AED 540,000 Due on signing SPA
During Construction	40%	AED 37,241/mo 29 months
On Handover	40%	AED 1,080,000 Due at TBC
Total	100%	AED 2,700,000

Questions about Canal Front Residences By Meydan

What payment plan does Canal Front Residences By Meydan offer?+

Canal Front Residences By Meydan uses a 20/40/40 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in TBC.

Can I buy this project without a mortgage?+

Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.

Is this project registered with RERA?+

MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.

How do I find out if this fits my monthly budget?+

Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Canal Front Residences By Meydan fits your budget and send you comparable alternatives.

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