Canal Front
2 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Al Wasl
The old Dubai residential belt between Jumeirah and Downtown: villas, low-rise, and some of the best schools in the city.
- families and schools
- central low-rise living
- capital preservation
What to check: Freehold designation varies plot by plot in old Dubai. Establish whether the specific property is open to foreign freehold ownership before spending time on it, and budget properly for refurbishment on an older villa.
Full district guide →Questions and answers about lot NP16-550812
How much is this 2-bedroom apartment in Canal Front?
Lot NP16-550812 is priced at AED 11 600 000, about $3 159 000. The size is 2 444 sq ft (227 m²), which works out at AED 4 746 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Al Wasl?
The database holds 7 lots in Al Wasl, starting from AED 1 500 000. The area median is AED 3 167 per sq ft; this lot, at AED 4 746, is 50% above it. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Wasl area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 3 480 000; a loan of AED 8 120 000 over 25 years at 3.75–4.99% a year comes to roughly AED 41 700–47 400 a month. A non-resident puts down from 40% (AED 4 640 000) and pays about AED 35 800–40 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 464 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 11 600 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP16-550812 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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