A two-bedroom apartment for sale in the Canal Front Residence residential complex in Al Safa area. The apartment is located on the second floor of a 14-level residential building.
Video of Canal Front Residences by Meydan:
The total area of the two-room apartment for sale in Al Safa is 180 square meters or 1936 square feet, of which 127.5 m2 is living space. Large panoramic windows of the apartment replace the wall and fill the room with natural light, thanks to which there is a beautiful view of the Dubai Water Canal.
The cost of real estate in Dubai at the construction stage is significantly low and upon completion of the project it rapidly increases in value. An apartment with 2 bedrooms in the Canal Front Resident complex under construction at the start of sales cost 26,600 UAE dirhams per square meter - that’s about 6,100 US dollars.
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Information apartment for sale in Canal Front Residences
- Location - Al Safa
- Residential complex - Canal Front Residence
- Developer - Meydan Group
- Floor - first
- Floors of the house - 14
- Total area - 180 m2 / 1936 ft2
- Living area - 127,5 m2 / 1373 ft2
- Number of rooms - 3
- Bedroom - 2
- Bathroom - 4
- Wardrobe hall
The apartment for sale at Canal Front Residences is divided into three rooms: a living room and two bedrooms. Each room has direct access to a spacious balcony of 50 m2. The master bedroom has a dressing room and a large bathroom. The second bedroom also has an en-suite bathroom and fitted wardrobes.
Real estate in Dubai for foreigners in the Canal Front Residence, in addition to spacious rooms and bathrooms, has a large balcony with stunning views of the water. The layout of this apartment takes into account a number of other amenities for living: the apartment has a small storage room, a laundry room, a long corridor at the end of which there is a small dressing room, and at the entrance there is a separate toilet for visitors.
Canal Front Residence in Al Safa
The new luxury residential complex Canal Front Residence under construction is a project of two dynamic towers Tower West and Tower East. Canal Front Residence is an apartment with scenic views of Safa Park and the Dubai Canal. The 14-storey residential building from the developer Meydan Group, located in the Al Safa area, will be completed turnkey in the 3rd quarter of 2024. The towers have a basement where entertainment venues, retail outlets, cafes and restaurants are located.
Buying an apartment in the Canal Front Residence residential complex, the owner receives a number of amenities: concierge service, direct access to Safa Park, a landscaped garden in the building itself, children's playgrounds, luxury swimming pools and lounge areas, fitness clubs.
Location of the residential complex by Meydan
The location of the building allows you to quickly reach one of the greenest parks in Dubai, Al Safa Park, the Tolerance Beach pedestrian bridge and the beach with crystal clear water and golden sands of Jumeirah Beach. The residential complex is located near the Persian Gulf, which can be reached in a few minutes.
|Places & sights
|Safa Park waterfall
|Kabab albastakiah resturant
|Al Safa Park Basketball Court
|La Perle theatre
|Dubai International Airport
There are several educational institutions in the vicinity: Horizon English School Dubai and Al Safa High School can be reached by car in a minute, and there is also a sports hall Al Safa Sports Centre nearby. The private JSS School is 700 metres away, and it takes only 2 minutes to get there ride. After driving 290 meters you will find the kindergarten Happy Elephant International Nursery.
Apartment price and payment plan
The price of 2-bedroom apartments for sale at Canal Front Residences, located on the Dubai waterway, at the start of sales is $708,000. The price of a two-bedroom apartment with an area of 180 m2 is $1.1 million. For sale are apartments with 1 and 2 bedrooms, large panoramic floor-to-ceiling windows and a convenient layout. The yield on purchased real estate in Canal Front Residences is up to 15% per year. You can buy real estate in this residential complex with an area of 90 sq.m. The apartments are located in a free-hold zone and are sold with interest-free installments. You can find out how to buy an apartment in Dubai by contacting a real estate manager:
Payment schedule for an apartment with 2 bedrooms:
- Down payment - 10% when booking amount.
- The next three installments every 3 months from the date of booking are 30%.
- The fourth and fifth installment of 10% every 6 months is 20%.
- The remaining amount is 40% after completion of the project.
Advantages for investors when buying an apartment
- No taxes on income from renting and doing business
- UAE residency in case of buying real estate from $545 000.
Sales have started and you can choose any floor with views of Sheikh Zayed Road, Safa Park or Dubai Water Canal.