
Canal Front Residences 9 is a development by developer Meydan Group in association with Nakheel Properties, located on the banks of Dubai Canal. One of the buildings of Canal Front Residences project, which consists of 11 floors and offers 1-3 bedroom apartments with panoramic windows and glass balconies. Each flat has elegant interiors and is equipped with the latest appliances, while the residences offer breathtaking views of the canal, Burj Khalifa and the beautiful Dubai skyline. Residents of Canal Front Residences 9 can enjoy first-class amenities such as a swimming pool with sun loungers, a state-of-the-art gym, children's playgrounds, a cosy garden with barbecue facilities and sports courts. The complex also offers event and meeting facilities, 24-hour security and car parking. The complex has direct access to the seafront. The area also has a wide range of luxury five star hotels, educational institutions, renowned businesses and hospitals. The development is a 7-minute drive from the famous Burj Khalifa skyscraper and the major Dubai Mall. Dubai Festival City is a 14-minute drive away. Dubai International Airport is a 12-minute drive away, while Al-Maktoum International Airport is 35 minutes away.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Canal Front Residences 9 launch basis | 5,889 | AED 5.30M | Current launch / asking basis |
| Safa Park ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Safa Park premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |










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Astraterra Properties
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Safa Park
Canal Front Residences 9 by Nakheel Properties
Located in Safa Park
Starting from AED 5,300,000
Unit mix includes 2 BR, Apartments
Expected handover: Dec 2024
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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