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One Canal

Al Wasl , Dubai

AED 18,000,000
≈ AED 18,000,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress63%
Bedrooms
3
Size
4,100 sqft
Price/Sqft
AED 4,390
Developer

Description

One Canal Residences is one of the luxurious residential developments in Al Wasl, epitomising the pinnacle of upscale living. With a project value of $450 million, this prestigious project is adjacent to the Dubai Water Canal and offers a magnificent collection of exclusive residences. Properties include penthouses, sky villas and a sky mansion crafted in collaboration with Fendi Casa. This contemporary architectural marvel serves as a prestigious landmark, reserved for discerning individuals, reshaping the standards of luxury, amenities and craftsmanship, promising an unmatched lifestyle.

Amenities & Features

Gym or Health Club
Swimming Pool
Sauna
24 Hours Concierge

Property Details

Property TypeApartment
ProjectOne Canal
CommunityAl Wasl
CompletionOff-Plan - Q2 2025
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 18,000,000
DLD Fee (4%)AED 720,000
Trustee FeeAED 4,200
Agency (2%)AED 360,000
Total InvestmentAED 19,084,200

Expected Annual Returns

Expected Annual RentAED 1,296,000
Service Charges (Est)-AED 61,500
Net Annual IncomeAED 1,234,500
Net Annual ROI6.5% (after expenses)
Payback Period15.5 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa3.1 km
Dubai Mall3.6 km
Dubai Airport (DXB)14.1 km
Mall of the Emirates8.9 km
Dubai Marina16 km