New homes in Casa Canal start at AED 22,500,000; the keys were due Mar 2026; you pay 5% to book, 55% while it is built and 40% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 87 off-plan sales of 3-bed apartments of 2,095 sq ft to 7,070 sq ft in Dubai Water Canal. Their median price is AED 4,083 per sq ft (about AED 17,514,000 at 4,289 sq ft). This project's from price is AED 5,246 per sq ft (AED 22,500,000 for its smallest home, 4,289 sq ft), 28% more.
Keys
Mar 2026
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
3 to 6 beds
Sizes
4,289 to 25,821 sq ft
Property types
Apartment and Penthouse
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 5,246 per sq ft
Similar off-plan homes: AED 4,083 per sq ft
RERA project
2679
Check it in Dubai REST, the Dubai Land Department's official app.
Built
12%
Being built. DLD register, Jun 12, 2026
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
68
In 1 buildings
Paying for it
You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
5%
AED 1,125,000
As it is built
While it is built
55%
AED 12,375,000
At the keys (Mar 2026)
Keys
40%
AED 9,000,000
Booking payment, 5%
AED 1,125,000
Dubai Land Department fee (Oqood), 4%
AED 900,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 2,025,000
The handover date (Mar 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask AHS Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 87 off-plan sales of 3-bed apartments of 2,095 sq ft to 7,070 sq ft in Dubai Water Canal, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in CASA CANAL sold in 24 months, so we compare with off-plan sales across Dubai Water Canal.
Dubai Land Department recorded 87 off-plan sales of 3-bed apartments of 2,095 sq ft to 7,070 sq ft in Dubai Water Canal, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 4,083 per sq ft
AED 2,092 to AED 2,755 per sq ft
2 sales
AED 2,755 to AED 3,417 per sq ft
1 sale
AED 3,417 to AED 4,080 per sq ft
39 sales
AED 4,080 to AED 4,742 per sq ft
24 sales
AED 4,742 to AED 5,405 per sq ft
12 sales
This project's from price is in this band.
AED 5,405 to AED 6,067 per sq ft
5 sales
AED 6,067 to AED 6,730 per sq ft
3 sales
AED 6,730 to AED 7,392 per sq ft
1 sale
AED 2,092 per sq ftAED 7,392 per sq ft
This project AED 5,246 per sq ft
Half of the sales sold for AED 3,801 to AED 4,678 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,092 to AED 2,755 per sq ft
2
AED 2,755 to AED 3,417 per sq ft
1
AED 3,417 to AED 4,080 per sq ft
39
AED 4,080 to AED 4,742 per sq ft
24
AED 4,742 to AED 5,405 per sq ft
12
AED 5,405 to AED 6,067 per sq ft
5
AED 6,067 to AED 6,730 per sq ft
3
AED 6,730 to AED 7,392 per sq ft
1
The 3 closest sales
Picked from the 87 similar sales above, closest in size to this project's smallest home.
Mar 2026AED 21,792,355AED 5,099 per sq ftCavalli Couture - Tower 1, 4,274 sq ft
Feb 2026AED 18,624,617AED 4,361 per sq ftEden House - The Park G, 4,271 sq ft
Apr 2026AED 22,439,000AED 5,306 per sq ftCavalli Couture - Tower 1, 4,229 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Wasl in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
3-bed apartmentFrom AED 22,500,000 here
Off-plan medianAED 9,370,000AED 3,680 per sq ft
Sales189
28% above 87 similar sales
4-bed apartment
Off-plan medianToo few sales for a median
Sales25
5-bed apartment
Off-plan medianToo few sales for a median
Sales12
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
1.6%
Typical for similar ready homes
5.3%
Median rent of 3-bed apartments in Al Wasl
AED 370,000 a year
Rent contracts counted
127
Rented between
Apr 1, 2025 and Mar 31, 2026
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 370,000 ÷ AED 22,500,000 = 1.6%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Business Bay Metro Station1.7 km, 7 min driveMetro station
Jumeirah Beach2.1 km, 7 min driveBeach
Dubai Water Canal300 m, 5 min walkWaterfront
Horizon English School650 m, 16 min walkSchool
Al Ittihad Private School900 m, 15 min walkAmerican school
Jumeirah Baccalaureate School3.7 km, 12 min driveIB school
Casa Canal is an AHS Properties project in Al Wasl with three- to six-bedroom apartments and penthouses from AED 22,500,000. The listed handover of March 2026 has passed and may be out of date, so ask the developer for the current date and the completion certificate.
The listed handover is March 2026, eight months ago, so the date may be out of date. Ask AHS Properties for the current handover date and whether the building has its completion certificate. If you can, view the unit before you commit.
The listed plan is 5% on booking, 55% during construction and 40% at handover. At the from price that is AED 1,125,000 on booking, AED 12,375,000 during construction and AED 9,000,000 at handover. Separately, the 4% DLD fee comes to AED 900,000; ask when it is due. Because the listed handover has passed, ask which stages are due now and get the full schedule in writing.
Homes have three to six bedrooms, with an overall range of 4,289 to 25,821 sq ft; ask for the floor plan of the unit you want. Shared facilities include a gym, a shared pool, a children's pool and play area, covered parking and 24-hour security. Homes have balconies with views of the water and landmarks.
The Dubai Water Canal is about 290 m away, MedCare Hospital about 600 m and Horizon English School about 640 m. Business Bay Metro Station is about 1.7 km away, around 7 minutes by car, and Jumeirah Beach about 2.1 km. The listing does not state the ownership type, so confirm the ownership terms with the developer.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
3 BR
4 BR
5 BR
6 BR
How prices moved
Median price of 3-bed apartments in Al Wasl, over the 12 months to each dateUp 18% from Dec 2024 to Sep 2026.
Dec 2024AED 3,123 per sq ft
Sep 2026AED 3,680 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 3,680 per sq ft
189 sales
Jun 2026
AED 3,680 per sq ft
219 sales
Mar 2026
AED 3,645 per sq ft
320 sales
Dec 2025
AED 3,587 per sq ft
277 sales
Sep 2025
AED 3,549 per sq ft
244 sales
Jun 2025
AED 3,400 per sq ft
247 sales
Mar 2025
AED 3,111 per sq ft
154 sales
Dec 2024
AED 3,123 per sq ft
156 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who develops Casa Canal?
AHS Properties. The project is in Al Wasl, about 290 m from the Dubai Water Canal.
Can foreigners buy here?
The listing does not state the ownership type. Confirm the ownership terms with the developer.
What does the payment plan cost in dirhams?
At the from price, AED 1,125,000 on booking, AED 12,375,000 during construction and AED 9,000,000 at handover. Separately, the 4% DLD fee comes to AED 900,000; ask when it is due.
When is handover?
The listed handover is March 2026, which has passed, so it may be out of date. Ask the developer for the current date and the completion certificate.
How big are the homes?
From about 4,647 sq ft for three bedrooms to about 12,404 sq ft for six, within an overall range of 4,289 to 25,821 sq ft. Ask for the floor plan of your unit.
How far is the metro?
Business Bay Metro Station is about 1.7 km away, around 7 minutes by car.
