One Canal, Al Wasl

    Sold Prices · DLD Data

    One Canal

    Al Wasl, Dubai · Dubai Water Canal

    AED 6,069

    Avg Price / sqft

    AED 39M

    Avg Sale Price

    3

    DLD Sales Recorded

    2.4%

    Est. Gross Yield

    Market snapshot

    One Canal — the numbers

    One Canal is a residential building in Al Wasl, Dubai with approximately 43 units. Dubai Land Department records show 3 sales in the building, at an average price of AED 39M — around AED 6,069 per square foot.

    Since January 2026, 3 sales completed in One Canal, with the average price per square foot moving from AED 5,848 to AED 6,295 (+7.6%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Al Wasl, a typical unit in One Canal returns an estimated 2.4% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Wasl.

    Figures are from Dubai Land Department transaction records for One Canal; individual units vary by floor, view and finish. Gross yield is estimated against average Al Wasl residential rents, before service charges.

    Price trend

    Price trend in One Canal

    Average sale price per sqft by month since January 2026+7.6%

    5,9046,0726,239Jan 26: AED 5,848/sqft · 1 saleJan 26Feb 26: AED 6,064/sqft · 1 saleFeb 26Mar 26: AED 6,295/sqft · 1 saleMar 26

    Unit types

    Prices by unit type

    4 Bed

    AED 31M

    AED 6,180/sqft

    2 sales · last 12 months

    5 Bed

    AED 54M

    AED 5,848/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    05 Mar 2026Sales45,004AED 32MAED 6,295
    18 Feb 2026Sales45,112AED 31MAED 6,064
    29 Jan 2026Sales59,309AED 54MAED 5,848

    About the area

    One Canal is in City Walk Dubai

    City Walk Dubai is a vibrant urban community that perfectly blends residential living with retail and leisure experiences. Developed by Meraas, this mixed-use development is ideally suited for professionals and families seeking a modern lifestyle in a dynamic environment.

    Explore the City Walk Dubai area guide

    Nearby

    Other buildings in Al Wasl

    FAQ

    One Canal: frequently asked questions

    What is the average price in One Canal?

    The average recorded sale price in One Canal, Al Wasl is AED 39M, around AED 6,069 per square foot, based on Dubai Land Department transaction data.

    Are prices in One Canal going up or down?

    Average sale prices in One Canal have risen +7.6% per square foot since January 2026, across 3 DLD-recorded sales.

    What rental yield can I expect in One Canal?

    Based on average Al Wasl residential rents against sale prices in the building, a typical unit in One Canal yields roughly 2.4% gross per year, before service charges and fees.

    How many properties have sold in One Canal?

    3 sales have been recorded in One Canal according to DLD data, across approximately 43 units.

    Considering One Canal?

    Get honest, DLD-backed guidance on pricing, yields and availability in Al Wasl from Binayah's advisors — no pressure, just the numbers.

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