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Canal Residence, Al Reem Island: what homes sell for

Every sale of a home in Canal Residence registered with ADREC since January 2019, by bedroom and by year. Prices are what buyers paid, not asking prices.

Sales to 26 October 2026 (ADREC). Built 28 October 2026. Sources are listed under each section. This page gives information. It is not legal, tax or financial advice.

Sales and prices

158Home sales, 12 months
364Home sales since 2019
AED 2.25mMedian price, 12 months
AED 1,875Median AED per sq ft
+2%Price per sq ft, like for like, on the year
0%Off-plan share, 12 months
87%Sold by the developer, 12 months

By sales in the last 12 months, Canal Residence ranks 45 of 199 Abu Dhabi projects with 30 or more sales.

By bedroom, last 12 months

HomeSales, 12 monthsMedian priceMedian AED per sq ftMedian size, sq ftOff-plan share
Apartment, 1 bed64AED 1.71mAED 1,9188900%
Apartment, 2 beds61AED 2.83mAED 1,8701,4930%
Apartment, 3 beds29AED 3.30mAED 1,7431,9030%

Year by year

YearHome salesValueMedian priceMedian AED per sq ftOff-plan share
2025284AED 643.7mAED 2.05mAED 1,8420%
2026 to 26 October 202680AED 198.4mAED 1.98mAED 1,9680%

Source: ADREC sales register via DARI, every registered sale to 26 October 2026. Homes only (apartments, villas, townhouses, duplexes, penthouses), whole-unit sales. A median needs 10 sales; a change needs 30 on both sides.

Canal Residence questions and answers

How many homes sold in Canal Residence in the last 12 months?

158 homes were registered as sold with ADREC in the 12 months to 26 October 2026. The median price was AED 2.25m and the median AED 1,875 per square foot.

Are prices in Canal Residence going up?

Like for like (ready homes, by bedroom count), the median price per square foot rose 2% against the 12 months before. Off-plan launches are left out of that figure because each year's launches are different projects.

Is Canal Residence mostly off-plan?

0% of the last 12 months' sales were off-plan, registered before completion. The rest were ready homes.

Is Canal Residence dearer than Abu Dhabi as a whole?

The median price per square foot here is 3% above the Abu Dhabi median for the same 12 months.

More in Al Reem Island

Al Reem Island: the district page · Every Abu Dhabi project · Abu Dhabi market data

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.