
Canterbury Waterfront is a coastal residential project of GFS Developments, located in the Al Zorah area and focused on the resort format of living by the sea. The project is a residential building with three basement levels, a ground level, eight residential floors and a roof. The building provides apartments in various formats, including studios, one-bedroom residences, study options, and two-bedroom layouts. The architecture is designed in a modern style with clean facade lines and panoramic glazing, emphasizing the visual connection of the building with the coast. The interiors feature functional layouts, spacious living areas, and are decorated in a light, neutral palette. The project offers a wide range of resort amenities: landscaped gardens, outdoor recreation areas, a fitness room and wellness center, an infinity pool, walking paths, a children's play area and an outdoor cinema. The location provides quick access to key locations: to Sharjah — 6-8 minutes, to Dubai (DXB) — 20-25 minutes via Sheikh Mohammed Bin Zayed Road, to Umm Al–Quwain — 35-40 minutes, to Ras Al Khaimah — 45-55 minutes, to the border with Abu Dhabi — about an hour.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% 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 |
|---|---|---|---|
| Canterbury Waterfront launch basis | 549 | AED 494,190 | Current launch / asking basis |
| Al Zorah City ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Zorah City 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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Al Zorah City
Canterbury Waterfront by GFS Developments
Located in Al Zorah City
Starting from AED 494,190
Unit mix includes Studio, 1 BR, 2 BR, Apartments
Expected handover: Feb 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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