Canal Front Residences CF 2
A 2 bed in Canal Front Residences CF 2 costs a median AED 4.35M and rents long-let for AED 215,000/yr (4.9% gross).
2 bed · typical price
4.35MAED
AED 2,499/sqft
- Rent a year
- AED 215,000
- Gross yield
- 4.9%
- vs Al Wasl
- 18% below the median
Cost to buy, all inAED 4.62M
- Price
- AED 4.35M
- DLD fee 4%
- AED 174,000
- Agent 2% + VAT
- AED 91,350
- Trustee
- AED 4,200
Fees repaid by rent15 months
Is Canal Front Residences CF 2 a good investment?The rent pays below the Dubai median, prices are slipping and lots of new supply is coming
- Does it pay a good rent?4.9% gross, before the service charge (not on file) (Dubai median 6.8%)4.9%Watch
- Are rents going up?New 2 bed leases: AED 210,000 a year ago, AED 215,000 now (pooled across the project)+2.4%
- Are prices going up?All types: AED 2,766/sqft a year ago, 2,499 now-9.6%Watch
- How fast do fees pay back?AED 269,550 in fees to buy a 2 bed; rent covers it in 1.3 years1.3 yrs
- Can I sell easily?6 sales in 12 months (9 the year before)6
- 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 47% for launch buyers, before fees+46.6%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Canal Front Residences CF 2 prices and rents by unit typeA two-bed costs about AED 4.35M and rents for about AED 215,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Al Wasl · area median AED 3,065/sqft
- vs area median
- -18.4%
- Rank by price per sqft
- 16th of 18
- Off-plan price gain, 2022–2024
- +23.6% · +7.3%/yr
Rental income
2 bed · Al Wasl
- Gross yield
- 4.9%
- Median new rent
- AED 215,000/yr
- Yield vs area median
- +0.5 pts
- Yield vs Dubai (6.8%)
- -1.8 pts
- Renewal rent
- AED 200,000/yr
- New tenants pay vs sitting (26 renewals)
- +7.5%
Read with care
- Rental data covers the whole Canal Front Residences CF1 & CF2 project, not this tower alone.
- 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.
Chart data, 2 bed: May 2022, AED 2,934,800; latest, May 2026, AED 3,435,800; peak, Oct 2025, AED 5,340,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,499 · before fees
- Launch, 2022–24
- 1,704
- +47%
- 109 sales
- 3 years ago
- 1,788
- +40%
- 39 sales
- Previous 12 months
- 2,766
- −10%
- 9 sales
- Last 12 months
- 2,499
- 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.
6 resales in the last 12 months, against 21 a year on average over 2023–2025.
6 resales in the last 12 months.
Comparables in Al Wasl
Every Al Wasl building with a page, ranked by price per sqft over the same 12 months, all unit types. Canal Front Residences CF 2 places 22nd of 24; the nearest 6 are shown.
Rank 1 is the dearest per square foot. Differences are against Canal Front Residences CF 2 (AED 2,499/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Canal Front Residences CF 2 has registered sale prices 18% below the Al Wasl median price per square foot of 3,065 AED, across 18 eligible buildings. It ranks 16th of 18 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 activityPlanned 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 supplySupply 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 countedDirect 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.
The Canal Front Residences CF1 & CF2 towers
2 towers in Canal Front Residences CF1 & CF2, at the bedroom type above.
Ejari files Canal Front Residences CF1 & CF2’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Al Wasl: every development at this typeAl Wasl: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.
About Canal Front Residences CF 2
Canal Front Residences CF 2 is an apartment building completed in 2024 in Al Wasl. 166 sales are registered with the Dubai Land Department.
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Canal Front Residences CF 2: AED 2,499 per sq ft, 30% below the median Al Wasl building, and a 4.7% gross yield, above the area's median 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
- Canal Front Residences CF 2AED 2,499
- Al Wasl, readyAED 2,942
- Al Wasl, off-planAED 3,219
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Canal Front Residences CF 2Al Wasl median building
- Al Wasl4.7% vs 4.7%
Nearby in Al Wasl
Prices per sq ft around Canal Front Residences CF 2, on the mapPrices per sq ft around Canal Front Residences CF 2, on the map
Canal Front Residences CF 1
Al Wasl · 5 sales, 12 months
4.80M
AED, resale median · 3,338/sqft
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
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedRead with care
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Canal Front Residences CF 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
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
- 19,343AED
- 4.5% over 25 years
- Monthly rent
- 17,917AED
- AED 215,000 a year
- Cash needed at purchase
- 1,186,050AED
- 20% down plus AED 316,050 in fees
Owning costs AED 679,366 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in Canal Front Residences CF 2?
- Canal Front Residences CF 2 returns 4.9% gross: a median new-contract rent of AED 215,000 a year (30 Ejari contracts in 12 months) over a price benchmark of AED 4.35M (median of 4 sales in the last 12 months, latest May 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in Canal Front Residences CF 2 cost?
- The median registered sale price is AED 4.35M (2,499 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does Canal Front Residences CF 2 compare with Al Wasl?
- Its 4.9% gross yield sits +0.5 pts against the Al Wasl median of 4.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 2 bedroom in Canal Front Residences CF 2?
- The median new annual rent is AED 215,000, from 30 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Canal Front Residences CF 2 risen or fallen?
- The median new annual rent changed +2.4% in the trailing 12 months against the previous 12, using 30 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
For agents
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Canal Front Residences CF 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- 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/cf-2
Cite as: Dubai Wealth Index. “Canal Front Residences CF 2 sale prices and yield.” Al Wasl, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/al-wasl/cf-2
Stable dataJSON