What is the rental yield in Casa Canal?

No gross yield is published for Casa Canal as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 4 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales.

How much does a 3 bedroom in Casa Canal cost?

The median registered sale price is AED 25.25M (5,340 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How many apartments change hands in Casa Canal?

4 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Which metro station is closest to Casa Canal?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Casa Canal

Under construction · 12% built
25 floors
10 lifts
162 parking bays
1 pool

A 3 bed in Casa Canal costs a median AED 25.25M.

Satellite view of Casa Canal, Al Wasl, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Al Wasl district around Casa Canal, with roads and landmarks named. Apple Maps.

Street map around Casa Canal, Al Wasl, centred on its registered pin. Apple Maps.

3 bed · typical price

25.25MAED

AED 5,340/sqft

vs Al Wasl: 33% above the median

Cost to buy, all inAED 26.79M

Price: AED 25.25M
DLD fee 4%: AED 1.01M
Agent 2% + VAT: AED 530,250
Trustee: AED 4,200

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Is Casa Canal a good investment?Lots of new supply is coming; no record of the yield and the rent trend

Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
Is it easy to let?None of the 68 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
Are prices going up?All types: AED 5,399/sqft a year ago, 5,340 now-1.1%Fair
How fast do fees pay back?AED 1.54M in fees to buy a 3 bed: DLD 4%, agent 2% plus VAT, trusteeAED 1.54M
Can I sell easily?6 sales in 12 months, 9% of the tower (5 the year before)6Fair
Is a lot being built nearby?790 apartments are planned in Al Wasl from 2026 to 2028, equal to 97% of the 816 homes let there today. A further 647 are past their planned date. Al Wasl supply by year →97%Watch
Did earlier buyers gain?Up 7% for launch buyers, before fees+6.8%Context

Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Casa Canal prices and rents by unit typeA three-bed costs about AED 25.25M

Type	Median price	Gross yield	New rent	12-month change	Sales
3 bed35 units · 4,625 sqft	AED 25.25M5,340/sqft		not yet let	not yet let	under 5 sales in a year	4
4+ bed33 units · 9,367 sqft	AED 39.13M5,069/sqft		not yet let	not yet let	under 5 sales in a year	2

Appreciation, rental income and short-term detail, by unit type

Appreciation

3 bed · price per sqft · Al Wasl · area median AED 4,001/sqft

vs area median: +33.4%
Rank by price per sqft: 1st of 11

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Thin sample — 4 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 3 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 5,340 · before fees

Launch, 2023–26: 5,002; +7%; 44 sales
3 years ago: 4,605; +16%; 2 sales
Previous 12 months: 5,399; −1%; 5 sales
Last 12 months: 5,340; today; 6 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Al Wasl

Every Al Wasl building with a page, ranked by price per sqft over the same 12 months, all unit types. Casa Canal places 2nd of 24; the nearest 5 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
1	One Canal44% · Q2 2025 · off-plan 4,347/sqft	AED 31.50M	5,959+11.6%	—	—	5
2	Casa Canal · this building12% · off-plan 5,086/sqft	AED 29.00M	5,340	—	-1.1%	6
3	Cavalli Couture - Tower 111% · Q2 2025 · off-plan 4,991/sqft	AED 22.32M	5,306-0.6%	—	+11.1%	5
4	Eden House - The Park F11% · Q1 2027 · off-plan 4,794/sqft	AED 11.20M	4,673-12.5%	—	-4.9%	17
5	Casa Ahs2% · Q2 2027 · off-plan 4,537/sqft	AED 40.79M	4,443-16.8%	—	—	12
6	Eden House - The Park D11% · Q1 2027 · off-plan 4,599/sqft	AED 10.78M	4,326-19.0%	—	-7.3%	14

Rank 1 is the dearest per square foot. Differences are against Casa Canal (AED 5,340/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 3 bed, Casa Canal has registered sale prices 33% above the Al Wasl median price per square foot of 4,001 AED, across 11 eligible buildings. It ranks 1st of 11 by price per square foot in Al Wasl.

Market context in Al Wasl

Registered sales activity

80 ready apartment sales in the 12 months to 2026-10-12.

+9.8% in median AED/sqft versus the preceding year, supported by 80 current and 327 prior price observations.

Explore sales activity

Planned apartment projects

659 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

790 apartments are planned in Al Wasl from 2026 to 2028, equal to 97% of the 816 homes let there today.

How these are counted

Find service-charge budget evidence for Casa Canal

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Casa Canal

Casa Canal is an under-construction (12% built) apartment building in Al Wasl. 55 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors: 25
Lifts: 10
Parking bays: 162
Pools: 1

Drive times · typical

Downtown: 14 min · 7.3 km
DXB Airport: 19 min · 20 km
DIFC: 10 min · 10 km
Dubai Marina: 18 min · 19 km
Palm Jumeirah: 25 min · 24 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Casa Canal: AED 5,340 per sq ft, 50% above the median Al Wasl building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Casa CanalAED 5,340
Al Wasl, readyAED 2,942
Al Wasl, off-planAED 3,219
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Al Wasl, by handover quarter

Nearby in Al Wasl

Every building in Al Wasl →

Prices per sq ft around Casa Canal, on the map

Pills show median sale price, AED. 51 buildings pinned from Google place records and Apple geocoding · Casa Canal is the inverted pinOpen in Apple Maps

DAMAC City 2

Al Wasl · 290 sales, 12 months

2.24M

AED, resale median · 3,021/sqft

Canal Front Residences CF 6

Al Wasl · 16 sales, 12 months

4.88M

AED, resale median · 2,956/sqft

Canal Front Residences CF 3

Al Wasl · 13 sales, 12 months

3.97M

AED, resale median · 2,919/sqft

Canal Front Residences CF 5

Al Wasl · 10 sales, 12 months

4.79M

AED, resale median · 3,081/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 3 bed
4 registered sales in 12 months; thin, a single deal moves the median
Read with care
Rental evidence · 3 bed
No Ejari contract registered: not yet let
Read with care
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
Not on record
Project register
Casa Canal: not recorded complete, 12.12% built · register data to 2026-07-06
On record
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a 3 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Casa Canal’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: —; 4.5% over 25 years
Monthly rent: —
Cash needed at purchase: —

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Casa Canal?: No gross yield is published for Casa Canal as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 4 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales.
How much does a 3 bedroom in Casa Canal cost?: The median registered sale price is AED 25.25M (5,340 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How many apartments change hands in Casa Canal?: 4 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Casa Canal?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Casa Canal sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 4 registered sales in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /sale/apartments/dubai/al-wasl/casa-canal
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Casa Canal sale prices and yield.” Al Wasl, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/al-wasl/casa-canal

Stable dataJSON