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Canal Front Residences Property Development By Meydan Group LCC

Canal Front Residences Property Development By Meydan Group LCC
Canal Front Residences Property Development By Meydan Group LCC
Canal Front Residences Property Development By Meydan Group LCC

Last Updated on: 11th November 2024, 12:47 pm

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Introducing the remarkable Canal Front Residences, a prestigious waterfront property development by Meydan Group LLC, strategically situated along the picturesque Dubai Water Canal. Designed to embody a luxurious lifestyle, this real estate project features an array of high-end residences, ranging from one to three bedrooms, with sizes varying from 913 sq ft to 1994 sq ft.

With construction already in progress, the Canal Front Residences is on track for completion by Q1 2024. The project also presents attractive financial opportunities, requiring a 20% down payment at the sales launch, alongside a structured payment plan that further divides payments into 40% during construction and the remaining 40% upon handover, ensuring flexibility for potential buyers1. Residents will enjoy state-of-the-art amenities including a swimming pool, fitness center, and beautiful parks, all designed to enhance the coastal living experience2.

Key Takeaways

  • The Canal Front Residences is a luxury project by Meydan Group LLC.
  • Variety of residential units with modern designs.
  • Expected completion in Q1 2024.
  • Attractive payment plans for funding the purchase.
  • High-end amenities enhance the waterfront lifestyle.

Overview of Canal Front Residences

The Canal Front Residences Property Development by Meydan Group LCC brings an exceptional choice of living to Dubai, providing an ideal blend of luxury and accessibility. These exclusive canal front residences offer 1, 2, and 3-bedroom apartments with sizes ranging from 920 sq ft to 1,994 sq ft, ensuring a diverse selection to fit different lifestyles and preferences3. The project emphasizes a luxurious atmosphere, featuring contemporary fixtures and stylish designs that cater to modern living enthusiasts.

About the Project

Designed as a hub for waterfront living in Dubai, the Meydan Group luxury property encompasses two 14-story towers, thoughtfully crafted to enhance the living experience. The focus on high-quality finishes and spacious layouts reflects in each unit, while floor-to-ceiling windows offer breathtaking views of the surrounding landscapes3. The community environment complements the luxurious lifestyle, promoting a vibrant yet serene atmosphere for families and professionals alike.

Design and Living Experience

The living experience at Canal Front Residences revolves around comfort and functionality. Each apartment features integrated kitchens and custom-style bathrooms, thus enhancing both aesthetics and practicality1. The attention to detail in both design and infrastructure prioritizes high-quality living, making it perfect for families seeking premium canal front homes.

Neighborhood and Accessibility

Situated in the Al Safa district, the Canal Front Residences benefit from strategic positioning alongside the Dubai Water Canal. The neighborhood boasts excellent connectivity, making it easy for residents to access key areas such as Dubai Marina and Dubai International Airport4. The surroundings include parks and recreational facilities, ensuring a family-friendly setting ideal for outdoor activities.

luxury residences on the canal

Feature Details
Unit Types 1, 2, and 3 Bedrooms
Apartment Sizes 920 sq ft to 1,994 sq ft
Amenities Fitness centres, swimming pool, kids play area
Completion Date Q3 2024
Payment Plan 60/40 split

With the luxurious offerings and thoughtful design, Canal Front Residences truly sets a new standard for upscale living in Dubai314.

Prime Location and Unique Features

Canal Front Residences enjoys a remarkable position along the Dubai Water Canal, presenting residents with stunning waterfront views and easy access to a wealth of amenities. This strategic positioning enriches the living experience, allowing seamless navigation to leisure activities and destination retreats, making it an ideal oasis within the bustling city.

Strategic Positioning Along Dubai Water Canal

With luxury at its forefront, the exclusive canal front residences are designed to maximize the beauty of the Dubai Water Canal. Residents can indulge in picturesque walks along the waterfront, enhancing their quality of life in serene surroundings. Current listings for 1 bedroom apartments showcase a vibrant market with prices ranging from AED 2,450,000 to AED 3,999,888, revealing an upward trend as the average asking price has risen to AED 3,015,832, reflecting a 6% increase recently5. The area has attracted a notable level of interest, evidenced by recorded sales of 16 apartments in the past year, with an average sale price of AED 1,799,2485.

Nearby Landmarks and Attractions

Accessibility to pivotal landmarks in Dubai enhances the appeal of living in Canal Front Residences. Residents are just a stone’s throw away from iconic attractions such as Downtown Dubai and the Burj Khalifa. The area’s proximity to renowned shopping and dining destinations complements the luxurious lifestyle, all while being surrounded by the tranquility of waterfront living. The average price per square foot in Canal Front Residences stands at AED 2,479, with a notable year-over-year increase of 14.24%6. Overall, the majestic landscape and modern conveniences underscore why this Meydan Group real estate project is a coveted destination for discerning buyers.

Dubai Water Canal

Housing Options and Amenities

Canal Front Residences presents an extensive array of housing options designed for the modern lifestyle of residents in Dubai. These luxury residences on the canal are tailored to accommodate diverse needs, featuring premium canal front homes with one, two, and three-bedroom apartments. One-bedroom units range from 913 sq ft to 1,266 sq ft, while two-bedroom options span from 1,326 sq ft to 1,994 sq ft. Larger three-bedroom apartments offer spacious designs from 1,762 sq ft to 1,853 sq ft. This variety ensures that all individuals, be it families or professionals, find a suitable place for luxurious living in Dubai.

Variety of Residential Units

With a focus on quality and comfort, each residential unit is crafted for superior functionality. Residents can choose from pet-friendly options among the one-bedroom apartments, ensuring a welcoming environment for all family members. The flexible configurations cater not just to occupants but also provide strong opportunities for investment, confirming Canal Front Residences as a leading choice for those seeking premium canal front homes.

World-Class Amenities for Residents

Living in Canal Front Residences goes beyond mere accommodation. Residents benefit from a diverse selection of world-class amenities aimed at enhancing the living experience. Facilities include a large swimming pool perfect for relaxation, a fully equipped fitness center catering to fitness enthusiasts, and engaging children’s play areas. Outdoor parks promote recreational activities, while cycling tracks and marine transport options provide unique ways to experience the waterfront. An extensive boardwalk encourages leisurely strolls with stunning canal views, supporting the active and vibrant lifestyle desired in luxury living in Dubai.

Unit Type Size Range (sq ft) Bedrooms
One-Bedroom 913 – 1,266 1
Two-Bedroom 1,326 – 1,994 2
Three-Bedroom 1,762 – 1,853 3

For more information about housing options, you can explore the details here as they relate to student accommodations78.

Conclusion

The Canal Front Residences by Meydan Group LCC represents an exceptional opportunity for those seeking luxury and convenience in one of Dubai’s most vibrant waterfront locations. This development provides not only an array of housing options but also a lifestyle enriched by state-of-the-art amenities. With its stunning views and direct access to the serene Dubai Water Canal, residents can fully embrace the beauty and tranquility of waterfront living in Dubai.

Choosing Canal Front Residences means investing in a community designed for modern living, where every detail caters to comfort and leisure. From the expansive layouts to the thoughtfully incorporated outdoor spaces, every aspect reflects the essence of Meydan Group luxury property. Prospective buyers can enjoy the unique advantages of waterfront properties, such as proximity to recreational options and the potential for a rich lifestyle9.

This prestigious development is more than just a place to live; it is a gateway to an extraordinary lifestyle shaped by luxury and ease. As you consider your options, look no further than the Canal Front Residences, where the harmony of elegance and nature awaits. Explore your opportunity to participate in this exceptional offering and make your dream of waterfront living a reality here10.

FAQ

What types of residential units are available at Canal Front Residences?

Canal Front Residences offers a diverse selection of units including one-bedroom apartments ranging from 913 sq ft to 1,266 sq ft, two-bedroom apartments from 1,326 sq ft to 1,994 sq ft, and three-bedroom apartments from 1,762 sq ft to 1,853 sq ft. These options cater to families and individuals looking for premium canal front homes.

When is the expected completion date for the development?

The construction of Canal Front Residences is ongoing, with an expected completion date set for the first quarter of 2024.

What amenities can residents expect at Canal Front Residences?

Residents can enjoy a variety of world-class amenities including a large swimming pool, fully equipped fitness center, children’s play areas, and designated parks. Additional features include cycling tracks, marine transport options, and an extensive boardwalk for waterfront living in Dubai.

Is there a payment plan available for potential buyers?

Yes, Canal Front Residences offers attractive payment plans, allowing investors to make a 20% down payment during the sales launch, followed by payments made during construction and upon handover.

What makes Canal Front Residences unique compared to other properties in Dubai?

Canal Front Residences stands out with its exclusive canal front residences situated along the scenic Dubai Water Canal. The modern design, premium furnishings, and strategic location offer a luxurious living experience that merges elegance with functionality.

How accessible is Canal Front Residences to major attractions?

The development is strategically located in the Al Safa district, providing easy access to major highways and public transport. It’s conveniently positioned near landmarks such as Downtown Dubai, Business Bay, and the iconic Burj Khalifa.

Source Links

  1. https://www.propertyfinder.ae/en/new-projects/meydan-group-lcc/canal-front-residences
  2. https://www.propertyfinder.ae/en/new-projects/meydan-group-lcc/canal-front-residences-6
  3. https://www.newhomesdubai.com/dubai/canal-font-residences-dubai-water-canal
  4. https://www.binayah.com/dubai-projects/canal-front-residences-by-meydan/
  5. https://www.bayut.com/for-sale/1-bedroom-apartments/dubai/al-wasl/canal-front-residences/canal-front-residences-2/
  6. https://www.propertyfinder.ae/en/buy/dubai/properties-for-sale-al-wasl-canal-front-residences.html
  7. https://housing.calpoly.edu/student-housing/residence-halls-and-apartments/poly-canyon-village-apartments
  8. https://housing.berkeley.edu/explore-housing-options/residence-halls/unit-3/
  9. https://thewaterfrontgrp.com/blog/what-is-the-difference-between-waterfront-water-view-water-access-and-water-privileged-property
  10. https://www.financialsamurai.com/problem-with-owning-beachfront-property/

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