Canal Front Residences-CF5&CF6

Name: Canal Front Residences-CF5&CF6 project market intelligence
Creator: Dubai Best Research

FINISHED

By Meydan Group (L.L.C) · Al Wasl

Median price/sqft

AED 2,212

3-yr CAGR

+12.6%

Transactions

283

Gross yield

4.7%

Launch → now (est.)

+43%

est. — modelled from compounded CAGR, pending launch-price data.

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Project imagery — coming soon

(2BG+9+1R)*2,(2B+G+10+1R)*1 &(2B+G+14+1R)*2 residential+ Retail, the project designed to have a concrete structure and block with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR

+5.1%

3-yr CAGR

+12.6%

5-yr CAGR

Provisional — pending DLD licence

Median price: AED 3,682,800
Price/sqft (last 12 months): AED 2,981
Secondary-market share: 24%
Resale-only (est.): +15.6%
Like-for-like 1BR (est.): +13.6%

Current gross yield by bedroom

Studio: 4.0%
1BR: 5.5%
2BR: 4.8%
3BR: 6.0%
4BR+: 1.3%

Studio	1BR	2BR	3BR	4BR+
4.0%	5.5%	4.8%	6.0%	1.3%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit: Studio · 480 sqft
Price: AED 1,019,520
AED per sqft: AED 2,124

28 May 2026

Unit: 1BR · 760 sqft
Price: AED 1,681,120
AED per sqft: AED 2,212

17 Apr 2026

Unit: 1BR · 820 sqft
Price: AED 1,886,000
AED per sqft: AED 2,300

05 Mar 2026

Unit: 2BR · 1,180 sqft
Price: AED 2,558,240
AED per sqft: AED 2,168

Date	Unit	Price	AED per sqft
12 Jun 2026	Studio · 480 sqft	AED 1,019,520	AED 2,124
28 May 2026	1BR · 760 sqft	AED 1,681,120	AED 2,212
17 Apr 2026	1BR · 820 sqft	AED 1,886,000	AED 2,300
05 Mar 2026	2BR · 1,180 sqft	AED 2,558,240	AED 2,168

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer: Meydan Group (L.L.C)
Area: Al Wasl
Status: FINISHED
Units: 165
Buildings: 2
Completion date: 30 Sept 2024
Completed: 100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

1BR · 745 sqft
AED 1,680,720
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 2,507,550
Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

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Related intelligence

Meydan Group (L.L.C) profile→Al Wasl area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated