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Project · Transactions · 2020

Canal Residence West 2 Property Transactions 2020

80 property sales worth ⃃ 69.64M were registered in Canal Residence West 2 in 2020, 44.4% lower than 2019 by number of sales. The median sale price was ⃃ 771,824 and the median price per square foot ⃃ 1,024 (−3.4% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 80 salesUpdated: 15 Nov 2026
Property sales
80
−44.4% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 69.64M
−43.2% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 771,824
−5.9% vs 2019
80 sales
Median price per sq ft
⃃ 1,024
−3.4% vs 2019
80 sales

What types of property sold in Canal Residence West 2 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments80100%⃃ 69.64M⃃ 771,824⃃ 1,024

How were 2020 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)80100%⃃ 69.64M⃃ 771,824⃃ 1,024
Off-plan3543.8%⃃ 29.46M⃃ 810,000⃃ 1,048
Ready4556.3%⃃ 40.17M⃃ 728,732⃃ 996

How many rental contracts were registered in Canal Residence West 2 in 2020?

50 rental contracts (new and renewed) were registered in Canal Residence West 2 in 2020, at a median annual rent of ⃃ 45,000 (−57.1% on 2019). Rental yields in Canal Residence West 2

What were the most expensive property sales in Canal Residence West 2 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/08/2020Arabian4 beds · Apartment4,803 sq ft⃃ 4,700,000Primary · Ready
29/06/2020Arabian3 beds · Apartment2,313 sq ft⃃ 2,100,000Primary · Ready
19/08/2020Arabian2 beds · Apartment1,432 sq ft⃃ 1,500,000Primary · Ready
20/01/2020Arabian2 beds · Apartment1,382 sq ft⃃ 1,500,000Primary · Off-plan
11/06/2020Spanish2 beds · Apartment1,803 sq ft⃃ 1,470,000Primary · Ready
16/01/2020Arabian2 beds · Apartment1,404 sq ft⃃ 1,400,000Primary · Off-plan
07/10/2020Spanish2 beds · Apartment1,535 sq ft⃃ 1,350,000Primary · Ready
22/07/2020Spanish2 beds · Apartment1,543 sq ft⃃ 1,234,584Primary · Ready
22/10/2020Arabian2 beds · Apartment1,384 sq ft⃃ 1,180,000Primary · Ready
08/03/2020Arabian1 bed · Apartment1,102 sq ft⃃ 1,150,000Primary · Off-plan

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
30/12/2020SpanishStudio · Apartment645 sq ft⃃ 473,444Primary · Ready
08/12/2020SpanishStudio · Apartment727 sq ft⃃ 527,512Primary · Ready
03/11/2020Spanish2 beds · Apartment1,080 sq ft⃃ 1,100,000Primary · Ready
22/10/2020Arabian2 beds · Apartment1,384 sq ft⃃ 1,180,000Primary · Ready
22/10/2020ArabianStudio · Apartment657 sq ft⃃ 570,000Primary · Ready
07/10/2020Spanish2 beds · Apartment1,535 sq ft⃃ 1,350,000Primary · Ready
01/10/2020Spanish1 bed · Apartment972 sq ft⃃ 771,824Primary · Ready
01/10/2020Spanish1 bed · Apartment972 sq ft⃃ 771,824Primary · Ready
01/10/2020SpanishStudio · Apartment755 sq ft⃃ 605,878Primary · Ready
01/10/2020Spanish1 bed · Apartment972 sq ft⃃ 771,824Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2020 with the whole of 2019.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/canal-residence-west-2/2020
Canal Residence West 2 Property Transactions 2020. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/canal-residence-west-2/2020

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Canal Residence West 2 in 2020?
80 property sales worth ⃃ 69,637,661 were registered in Canal Residence West 2 in 2020. That is 44.4% lower than 2019.
What was the median property price in Canal Residence West 2 in 2020?
The median sale price was ⃃ 771,824 and the median price per square foot ⃃ 1,024 (1 Jan – 31 Dec 2020).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/canal-residence-west-2/2020