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Off-planKeys were due Sep 2025 (may be out of date)

One Canal Residences

Name: One Canal Residences
Brand: AHS Properties
Price: 32500000 AED
Availability: PreOrder

New homes in One Canal Residences start at AED 32,500,000; the keys were due Sep 2025; you pay 5% to book, 45% while it is built and 50% 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 16,742,000 at 4,100 sq ft). This project's from price is AED 7,927 per sq ft (AED 32,500,000 for its smallest home, 4,100 sq ft), 94% more.

From

AED 32,500,000

3 to 6 beds

See when you pay

Prices from the developer. They change as units sell; ask us for today's prices.

Worth it?

94%

above 87 similar sales in Dubai Water Canal

Their median price is AED 4,083 per sq ft (about AED 16,742,000 at 4,100 sq ft). This project's from price is AED 7,927 per sq ft (AED 32,500,000 for its smallest home, 4,100 sq ft), 94% more.

See the sales

Sale prices from Dubai Land Department open data, updated Oct 26, 2026. We check the from price at the smallest size the developer lists.

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We'll send you prices, floor plans and the units still available, and answer anything about the payment plan.

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Keys: Sep 2025; The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan: 5 / 45 / 50; 5% to book, 45% while it is built, 50% at the keys
Bedrooms: 3 to 6 beds
Sizes: 4,100 to 18,000 sq ft
Property types: Apartment
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.

From price per sq ft: AED 7,927 per sq ft; Similar off-plan homes: AED 4,083 per sq ft
RERA project: 2501; Check it in Dubai REST, the Dubai Land Department's official app.
Built: 44%; Being built. DLD register, Jun 12, 2026
Completion on the register: May 2025; DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account: بنك دبي الاسلامي (شركة مساهمة عامة); The bank that holds your payments
Registered homes: 42; In 1 buildings

Paying for it

You pay 5% when you book, 45% as the building goes up, and 50% when you get the keys.

Show the amounts for a price of

When	Stage	Share	Amount
When you book	Booking	5%	AED 1,625,000
As it is built	While it is built	45%	AED 14,625,000
At the keys (Sep 2025)	Keys	50%	AED 16,250,000

Booking payment, 5%: AED 1,625,000
Dubai Land Department fee (Oqood), 4%: AED 1,300,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.: AED 2,925,000

The handover date (Sep 2025) 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 ONE CANAL sold in 24 months, so we compare with off-plan sales across Dubai Water Canal.

Median price AED 4,083 per sq ft

AED 2,092 per sq ftAED 7,392 per sq ft

This project AED 7,927 per sq ft, above every sale

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 table

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.

Nov 2025AED 22,322,000AED 5,453 per sq ftCavalli Couture - Tower 1, 4,093 sq ft
Mar 2026AED 21,023,100AED 5,092 per sq ftCavalli Couture - Tower 2, 4,129 sq ft
Mar 2026AED 18,822,290AED 4,558 per sq ftEden House - The Park A, 4,129 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 Safa 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 32,500,000 here	Off-plan medianAED 9,370,000AED 3,680 per sq ft	Sales189	94% 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: 1.1%
Typical for similar ready homes: 5.3%
Median rent of 3-bed apartments in Al Safa: 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 32,500,000 = 1.1%. 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 Station1.4 km, 3 min driveMetro station
Jumeirah Beach2.4 km, 9 min driveBeach
Dubai Water Canal450 m, 7 min walkWaterfront
Horizon English School550 m, 14 min walkSchool
Al Ittihad Private School900 m, 15 min walkAmerican school
Jumeirah Baccalaureate School3.9 km, 13 min driveIB school
JSS School850 m, 2 min driveIndian school
Souk Extra1.3 km, 2 min driveMall
MedCare Hospital600 m, 10 min walkHospital
Business Bay2.4 km, 5 min driveOffices
Safa Park300 m, 5 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About One Canal Residences

One Canal Residences is an AHS Properties project in Al Safa with three- to six-bedroom apartments from AED 32,500,000 and a listed handover of September 2025, with Fendi Casa finishes. That date has passed and may be out of date, so ask for the completion certificate and the current status before you pay.

The listed handover was September 2025, which has passed, so the date may be out of date. Ask AHS Properties whether the building has its completion certificate, when homes will be handed over and whether the payment plan below still applies. If you can, visit and inspect the unit.

The listed plan is 5% on booking, 45% during construction and 50% at handover. At the from price that is AED 1,625,000, AED 14,625,000 and AED 16,250,000. Ask when the 45% construction payment falls due. Separately, the 4% DLD fee comes to AED 1,300,000; ask when it is due.

The listing gives three to six bedrooms and 4,100 to 18,000 sq ft, but the only unit the developer details is a four-bedroom apartment of 5,003 sq ft, so ask for floor plans of the other homes. Homes are not furnished, with fully equipped Fendi kitchens and Fendi Casa finishes and materials. Shared facilities include a gym, a pool, a kids' pool and covered parking. Homes have balconies.

The Dubai Water Canal is about 430 m away and MedCare Hospital about 610 m. Horizon English School is about 530 m away, JSS School about 860 m and Al Ittihad Private School about 900 m. Business Bay Metro Station is about 1.4 km away, around 3 minutes by car, and Jumeirah Beach about 2.4 km. The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.

The developer

AHS Properties

See every project by AHS Properties

Other projects by AHS Properties

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

4 BR

How prices moved

Median price of 3-bed apartments in Al Safa, 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

Show as table

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

When is handover?

The listed handover was September 2025, which has passed and may be out of date. Ask for the completion certificate and the actual handover date before you pay.

What does the payment plan come to?

At the from price: AED 1,625,000 on booking (5%), AED 14,625,000 during construction (45%) and AED 16,250,000 at handover (50%). Separately, the 4% DLD fee comes to AED 1,300,000; ask when it is due.

Can foreigners buy here?

The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.

Does the price include furniture?

The listing says homes are not furnished, with fully equipped Fendi kitchens. Ask what the price includes.

Which brand is involved?

Fendi Casa supplies the finishes and materials, and kitchens are by Fendi.

How close are the canal and the metro?

The Dubai Water Canal is about 430 m away and Business Bay Metro Station about 1.4 km.

More projects in Al Safa

See every project in Al Safa

Keys were due Dec 2025May be out of date
Al Safa
Cavalli Couture
by DAMAC Properties
3 to 6 beds · ⁦10 / 40 / 50⁩ plan
FromAED 21,904,000
37% above 87 similar sales

Dubai Land Department register