Development Of The Month: Canal Residence West In Sports City
For our February Development of the Month, we’re bringing you a much-anticipated new development in Dubai Sports City, Canal Residence West.
The first batch of apartments for sale in Canal Residence West in Dubai Sports City have already been released to a great response – all soft launch units have already been sold out, with the next 50 flats up for grabs. Given the quality of amenities on offer by the development, not to mention of the area, it’s easy to see why this new project is already one of Dubai’s hottest off-plan properties.
have a look at canal residence West In Dubai Sports City
the perfect life is waiting
The five distinctly designed towers of Canal Residence West take pride of position in the Sports City neighbourhood, right on the main retail and lifestyle promenade. Of the five buildings, the Mediterranean, European and Venetian have already been completed and handed over, while the Spanish and Arabian towers are due to be handed over by the end of 2019.
The new project’s Spanish tower takes direct inspiration from southern Spain, featuring clean lines and earthy hues that are as beautiful as they are simple and vibrant. The building has been designed to make sure to be attractive not only to investors looking to rent out their asset but to homebuyers looking for a personal residence for themselves.
The other building on offer, the Arabian tower is a “balance of modern style and traditional elegance” that brings the Middle East’s most distinctive architectural features to life, from malqafs to lavish stonework. The main living room has also been designed to resemble a majlis – bringing to life the sense of living in a palace.
Both of these towers also have access to a fantastic range of amenities and facilities for residents, like elevated pools, sundecks for unwinding after a long day at work, a health club, round the clock security and shaded parking.
Living in Canal Residence West means living in the only waterfront development in the neighbourhood, the beating heart of Sports City’s thriving social and family-friendly community. In addition to the amenities offered by the towers, the retail promenade of Canal Residence West is filled with a mix of convenient service outlets, such as a supermarket, pharmacy, salons and even a veterinary clinic, as well as some of the quirkiest eateries in Dubai, such as Reddy Roasts and Greek gem, Wooden Cellar.
The promenade has dedicated play areas for children, while the family-friendly vibe of the area is bolstered by the regular events held here, such as Halloween parties, festive markets and more.
buying apartments in Canal residence west
This new development in Dubai will add some more contemporary options with a beautiful view to the already available inventory of apartments for sale in Sports City. Investors and home buyers who are interested in purchasing units from the Canal Residence West Collection have a choice of studio, one, two and three bedroom units, sold directly from the developer.
With attractive payment plans on offer, these desirable properties are listed at AED 550k for a studio apartment, AED 700k for a one bedroom flat and AED 1.2M for a 2-bed property. Moreover, investors can expect a return on investment (ROI) of between 7% and 8% for studios and one-beds.
a word from the developer
According to the respected developers of the exciting master community,
Between the diverse architectural inspirations, the practical and spacious interior designs, and the range of shops at the retail promenade below, Canal Residence West provides the best of many worlds together, each with their own unique charm. Proximity to sports facilities at DSC’s Sports Village or to the Els Golf Club means that a resident will never go without a day of encouragement towards an active lifestyle. That, ultimately, is our main credo.
about Dubai sports city
A truly multicultural neighbourhood, the Arab, western and Asian expats who live in Sports City make full use of the convenient amenities located here. These include the Al Maya supermarket, a clinic, pharmacy, salons and much more.
Sports City is also literally the one-stop shop for all your active and fitness-focused needs, whether you want to learn, watch or play. Unsurprisingly, as the ICC (International Cricket Council) is headquartered in the neighbourhood, the Dubai International stadium frequently hosts international cricket matches as well as being a training ground for overseas teams. Sports City is also home to world-class arenas that cater to all levels of sports enthusiasts and across a range of disciplines, such as athletics, football, rugby, netball, not to mention the Ernie Els designed golf club in Victory Heights. Looking to work out indoors? The massive Fit Republik gym and the indoor pitch have you quite literally covered.
While the neighbourhood is clearly focused on sports, it also has plenty of lifestyle options for everyone. Foodies have been delighted by an influx of trendy eateries, including licensed venues such as Kickers and The Big Easy at The Els Club; while families take advantage of several initiatives and events that take place by the soon-to-be-filled canal and its children’s play areas. Families also benefit from having popular nurseries and schools at their doorstep. Sports City is also a favoured venue for many different types of events, ranging from Oktoberfest to concerts, held through the year.
It is also next door to Motor City, that has not only an autodrome but supermarkets such as a full-size Spinneys, acclaimed medical centres, retail and even more f&b outlets.
Moreover, the proposed Gold Line of the Dubai Metro will run through Sports City, further connecting it to the rest of Dubai.
about the developers, Dubai sports city
Dubai Sports City is the brainchild of Abdul Rahim Al Zarooni and Abdulrahman Falaknaz, respected members of the country’s business industry. They not only bring their wide-ranging interests but decades of experience to the project, in sectors that include retail, real estate, construction, commerce and sports management. Their expertise can be seen in the final development, a thoughtful mix of residences, retail and recreation.
To register your interest in this project, head on over to Bayut.
PROJECT AT A GLANCE
Expected Delivery Date: Q4 2019
Number of units: 385
RERA Project Number: 1960
Master Developer: Dubai Sports City
Note: All images are courtesy Dubai Sports City.