UAE’s LUXHABITAT Sotheby’s International Realty launches Canal Front Residences

  • Date: 14-Nov-2022
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

UAE’s LUXHABITAT Sotheby’s International Realty launches Canal Front Residences

Canal Front Residences, a brand new, luxury residential project located in Al Safa Park, next to Dubai Water Canal, has been launched by UAE-based LUXHABITAT Sotheby’s International Realty.

The Residences will offer 165 luxury one-, two- and three-bedroom apartments for sale, and will be located on the Dubai Canal in Al Wasl, Jumeirah, offering scenic views across the Dubai Water Canal embankment, the Tolerance Bridge, Safa Park, Downtown Dubai skyline, and the Arabian Gulf.

Canal Front Residences is one of the few freehold building projects launched in Al Wasl, Jumeirah. With a starting price of $5,41,787 for a 972 sq ft apartment, the units at Canal Front Residences offer incredible value for both end-users and investors alike. The area has seen a sales volume of $79 million in Q3 2022 with the average price per sq ft at $2,979. The average villa in Jumeirah sells for $3.5 million and has a built-up area of 3,043 sq ft, based on the data by the Dubai Land Department and analysis by LUXHABITAT Sotheby’s International Realty.

Talha Ahmad

Sales Manager

Project Developments

LUXHABITAT Sotheby’s International Realty “Off-plan apartments have performed very well this year across prime areas, with an increase of approximately 26 percent in sales volume as people