Full Canal View | Spacious + Modern | Big Balcony
Canal Residence
Current asking price
AED 190K
Listing details
2
3
1,852 sqft
AED 103
Al Reem Island
Canal Residence
24 Mar 2026
AED 979 /month
20% down · 25yr · 6% rate (UAE Central Bank guidelines)
Down Payment (20%)
AED 38K
DLD Fee (4%)
AED 8K
Total to Close
AED 46K
Loan Amount
AED 152K
Market comparables
AED 103/sqft — 88% below area avg of AED 866/sqft
Ranked #1 of 5 by price/sqft (lower is better)
Price/sqft distribution
| Title | Price | /sqft | Drop |
|---|---|---|---|
| Limited Offer | 1BR Sea View | Open… | AED 105K | 118 | — |
| Full Sea View | High Floor | Ready … | AED 125K | 140 | −3.8% |
| Marafid Tower | Luxury Living | Boo… | AED 1.72M | 1,421 | — |
| Partial Canal View | 2BR+M w/ Balco… | AED 2.60M | 1,783 | — |
Showing 4 of 4 comparable listings in the same area
Market Comparables
Upgrade to InsiderArea intelligence — Al Reem Island
4 active listings in this area
Median price
AED 921K
Median /sqft
AED 781
Price range
AED 105K – AED 2.60M
Avg. days listed
10d
1 similar 2-bed apartment in Al Reem Island
↓ 210 drops this month vs 446 last month(slowing market)
Area Intelligence
Upgrade to InsiderArea comparison
79% below median
Area median: AED 921K (4 active listings in Al Reem Island)
Area Comparison
Upgrade to InsiderData confidence
Why: sourced from Bayut with verified reference number
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