Canal Front Residences Phase 6: Meydan Group in Al Wasl
Canal Front Residences Phase 6 is a residential apartment development by Meydan Group, located in Al Wasl in central Dubai. The project is part of the Canal Front Residences community, a cluster of buildings sitting directly along the Dubai Water Canal.
Al Wasl: A Central Address with Canal-Side Access
Al Wasl occupies a valuable central strip. The district borders Jumeirah to the west and connects to Business Bay and Downtown Dubai to the east. Al Wasl Road runs through it as the main arterial, putting most of the city within a manageable drive. The Dubai Water Canal traces the southern edge, with a well-used waterfront path running alongside it.
City Walk, a large open-air retail destination, sits nearby. Downtown Dubai is roughly five minutes by car. The beach via Jumeirah Beach Road is equally close.
The location places residents near the main employment corridors of Business Bay, DIFC, and Downtown Dubai. That has practical value for both owner-occupiers and investors targeting working professionals who want to live close to where they work.
2 and 3-Bedroom Apartments Across a Wide Range
The project offers 2-bedroom and 3-bedroom apartments across multiple layouts. Two-bedroom units range from approximately 1,407 sq ft to 2,464 sq ft. Three-bedroom apartments span 1,975 sq ft to 3,978 sq ft, the largest being a duplex.
That range suits different buyers. A compact 1,407-sq ft 2-bedroom works as a rental investment or a home for a couple or small family. At the other end, a duplex approaching 4,000 sq ft competes on size with villa and townhouse options, but comes with the shared facilities and building management of a residential complex.
The listed price for the project is AED 1,600,000.
What the Amenity Set Reveals
| Theme | Amenities |
|---|---|
| Recreation | Shared Pool, Gymnasium, Barbecue Area |
| Family | Children's Play Area |
| Convenience | Restaurants |
| Security | CCTV Security |
The six amenities cover the practical requirements. On-site restaurants stand out. They appear infrequently in mid-range residential buildings and offer residents a food option without leaving the complex. The children's play area and barbecue space together suggest a family-friendly target buyer profile. The gym and shared pool round out the recreational offering for residents of all ages.
The overall amenity set reads as practical and genuinely useful rather than a checklist of premium features. It suits owner-occupiers and long-stay tenants more than short-term rental operators.
A Project at the Handover Stage
Construction began in April 2018. The expected completion date was September 2024, a date that has now passed. The project is at or past the handover point. Buyers entering now are dealing with a ready or near-ready product rather than an off-plan commitment with construction years ahead.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down Payment | 10% |
| During Construction | 50% |
| Handover | 40% |
A 10% down payment is at the low end of what the Dubai apartment market typically requires. It makes the initial capital commitment manageable relative to other projects in the city.
The schedule puts 50% through the construction period and 40% at handover. The 40% handover balance is the largest single payment in the schedule and falls due at key collection.