From dusk till dawn, the build never stops. At Safa Two, every shift brings new progress, with precision, expertise and teamwork shaping what comes next. #DAMAC #SafaTwo #ConstructionUpdate
One Canal
Al Wasl DAMACDLD project 2501
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
The short answer
One Canal is active on the DLD register, completion date 30 May 2025. It was 77.42% built at DLD’s inspection on 28 Jul 2026.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
30 May 2025
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
77.4%
DLD inspection, 28 Jul 2026
Home salesSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFigureflats and villas, no data-quality flagDatasales to 5 Oct 2026How it is worked out
0
Oct 2025–Sep 2026
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026Fewer than 5 sales: no median shownHow it is worked out
—
0 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on5 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
5
+67% on Oct 2024–Sep 2025
The DLD project register
ActiveCompletion date on the DLD register: 30 May 2025
77.42% built at DLD’s inspection on 28 Jul 2026.
Started23 Dec 202277.4% builtinspection 28 Jul 2026Completion30 May 2025
Built, at DLD’s latest inspection77.42%
- DLD project number
- 2501
- Status
- Active
- Completion date
- 30 May 2025
- Start date
- 23 Dec 2022
- Registered
- 15 Nov 2022
- Developer
- A H S Canal Development L.L.C · DLD developer 1491
- Escrow account bank
- Abu Dhabi Commercial Bank
- Units
- 44
- Buildings
- 1: One Canal
Inspection history: 13 inspections on the register
| Inspection date | Built |
|---|---|
| 28 Jul 2026 | 77.42% |
| 14 Apr 2026 | 68.65% |
| 11 Feb 2026 | 63.49% |
| 5 Dec 2025 | 57.57% |
| 21 Aug 2025 | 43.82% |
| 14 May 2025 | 33.79% |
| 19 Dec 2024 | 23.13% |
| 8 Oct 2024 | 18.99% |
| 19 Aug 2024 | 15.06% |
| 13 May 2024 | 8.75% |
| 11 Dec 2023 | 6.95% |
| 24 Jul 2023 | 2.26% |
| 1 Nov 2022 | 0% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. DAMAC can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2501-H1 · DLD register read 13 Oct 2026
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 5 Mar 2026 | Flat · 4 BR Off-plan | 5,004 | AED 31.5m | — | — |
| 18 Feb 2026 | Flat · 4 BR Off-plan | 5,112 | AED 31.0m | — | — |
| 30 Jan 2026 | Flat · 5+ BR Off-planOne Canal | 9,309 | AED 54.4m | — | — |
| 15 Dec 2025 | Flat · 3 BR Off-planOne Canal | 4,196 | AED 25.0m | — | — |
| 31 Oct 2025 | Flat · 5+ BR Off-planOne Canal | 8,895 | AED 49.0m | — | — |
| 29 Jul 2025 | Flat · 3 BR Off-planOne Canal | 4,001 | AED 16.9m | 4,212 | +19% |
| 23 Jun 2025 | Flat · 3 BR Off-planOne Canal | 5,106 | AED 28.5m | — | — |
| 9 Jan 2025 | Flat · 5+ BR Off-planOne Canal | 8,893 | AED 38.5m | 4,329 | −6% |
| 10 Sep 2024 | Flat · 3 BR Off-planOne Canal | 9,694 | AED 120m | — | — |
| 9 Jul 2024 | Flat · 4 BR Off-planOne Canal | 5,109 | AED 33.0m | — | — |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Al Wasl, Oct 2025–Sep 2026.
DAMAC’s newest ads
None of DAMAC’s 39 running ads names One Canal; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
A new wave of luxury living is taking shape on Dubai’s coastline. DAMAC Bay by Cavalli has reached 35% overall progress, with 65% of the superstructure complete and 15% of the facade now taking shape. As the vision rises, a new expression of coastal luxury draws closer to reality. #DAMAC #DAMACBayByCavalli #LuxuryLiving #ConstructionUpdate
Your new view is waiting. Introducing Sorrento Lagoon Views, with studios and 1-Bedroom apartments. #DAMAC #LuxuryLiving #SorrentoLagoonViews
50,000+ homes delivered, shaped by the relationships behind them. A few words from valued partners who have been part of the journey. #DAMAC #DAMAC50K #OneFamily
Al Wasl market insights
Registered with DLD under the district Al Wasl, 2019 to 5 Oct 2026.
AED 3,076Sep 2026+31%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
2,137 sales2025+568%on 2019
Full years only, registered sales of every type. 1,087 sales in 2026 to 5 Oct.
Off-plan share
73% of the 1,495 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2020 | 1 | 0 | 1 | AED 36.3m | — | — |
| 2022 | 1 | 0 | 1 | AED 57.6m | — | — |
| 2023 | 29 | 29 | 0 | AED 787m | AED 25.0m | 4,230 |
| 2024 | 10 | 10 | 0 | AED 359m | — | — |
| 2025 | 5 | 5 | 0 | AED 158m | — | — |
| 2026 to 5 Oct | 3 | 3 | 0 | AED 117m | — | — |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
49sales registered, Jan 2020 to Sep 2026
Every registered sale, all property types.
Other projects in Al Wasl
1,495 sales were registered in Al Wasl over Oct 2025–Sep 2026, with homes at a median AED 3,052 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| DAMAC City 2 | DAMAC | No completion date | 300 | AED 2.2m |
| City Walk Crestlane 4 | Meraas | Due Apr 2030 | 184 | AED 3.8m |
| City Walk Crestlane 5 | Meraas | Due Apr 2030 | 150 | AED 3.7m |
| Eden House the Park | H&H Development | Due Feb 2027 | 108 | AED 8.7m |
| City Walk Crestlane 1 | Meraas | Due Sep 2029 | 85 | AED 3.6m |
| No.17, No.18a,No.18b and No.19 Citywalk Residential | Meraas | Finished | 77 | AED 4.9m |
| DAMAC City | DAMAC | Due Dec 2025 | 47 | AED 3.2m |
| Canal Front Residences-Cf3&Cf4 | Meydan | Finished | 34 | AED 3.9m |
| Mr.C Residences Downtown | Alta Real Estate Development L.L.C | Due Jan 2027 | 33 | AED 10.1m |
| Erin | Meraas | Finished | 32 | AED 3.0m |
| Myrtle | Meraas | Finished | 32 | AED 2.3m |
| Canal Front Residences-Cf5&Cf6 | Meydan | Finished | 29 | AED 4.9m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by DAMAC
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| DAMAC Lagoons - Valencia | Al Hebiah Fifth | Feb 2028 | 5.2% | 1,278 |
| DAMAC District | DAMAC Hills | Mar 2029 | 4.1% | 705 |
| DAMAC Riverside Views - Azure 2 | Dubai Investment Park Second | Mar 2029 | 5.8% | 692 |
| DAMAC Riverside Views - Capri 1 | Dubai Investment Park Second | Mar 2029 | 8.2% | 638 |
| DAMAC Lagoons - Lagoon Views 13 | Al Hebiah Fifth | Dec 2027 | 6% | 525 |
| DAMAC Islands 2 - Bahamas 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 497 |
| DAMAC Islands 2 - Bahamas 1 | Al Yelayiss 1 | Jun 2030 | 0.3% | 476 |
| DAMAC Islands 2 - Cuba | Al Yelayiss 1 | Jun 2030 | 0.2% | 439 |
| DAMAC Islands 2 - Bermuda | Al Yelayiss 1 | Jun 2030 | 0.2% | 401 |
| Chelsea Residences 2 by DAMAC | Dubai Maritime City | Dec 2029 | 5.4% | 394 |
| DAMAC Islands 2 - Tahiti 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 378 |
| DAMAC Islands 2 - Maui | Al Yelayiss 1 | Jun 2030 | 0.2% | 347 |
More from DAMAC
Every DAMAC projectDubai, general view
DAMAC Lagoons - Valencia
Al Hebiah Fifth · DAMAC
Due Feb 2028DLD register
Median home price, Oct 2025–Sep 2026AED 785k
DAMAC Hills · area photo
DAMAC District
DAMAC Hills · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
DAMAC Riverside Views - Azure 2
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
DAMAC Riverside Views - Capri 1
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Lagoons - Lagoon Views 13
Al Hebiah Fifth · DAMAC
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Islands 2 - Bahamas 2
Al Yelayiss 1 · DAMAC
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.8m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Motor City by أمين علوان (Wikimedia Commons, CC BY-SA 4.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
More projects in Al Wasl
Everything in Al WaslDubai, general view
DAMAC City 2
Al Wasl · DAMAC
No completion dateDLD register
Median home price, Oct 2025–Sep 2026AED 2.2m
Dubai, general view
City Walk Crestlane 4
Al Wasl · Meraas
Due Apr 2030DLD register
Median home price, Oct 2025–Sep 2026AED 3.8m
Dubai, general view
City Walk Crestlane 5
Al Wasl · Meraas
Due Apr 2030DLD register
Median home price, Oct 2025–Sep 2026AED 3.7m
Dubai, general view
Eden House the Park
Al Wasl · H&H Development
Due Feb 2027DLD register
Median home price, Oct 2025–Sep 2026AED 8.7m
Dubai, general view
City Walk Crestlane 1
Al Wasl · Meraas
Due Sep 2029DLD register
Median home price, Oct 2025–Sep 2026AED 3.6m
Dubai, general view
No.17, No.18a,No.18b and No.19 Citywalk Residential
Al Wasl · Meraas
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 4.9m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
Before you buy a home in One Canal
About One Canal
One Canal is a DAMAC project in Al Wasl, Dubai, registered with the Dubai Land Department as project 2501 by A H S Canal Development L.L.C. The register lists it as active, with a completion date of 30 May 2025, 77.42% built at DLD’s inspection on 28 Jul 2026.
49 sales have been registered since Jan 2019, the first on 6 Jan 2020, 5 of them over Oct 2025–Sep 2026. The sales include 2 land plots, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 36th of the 39 projects with a registered sale in Al Wasl, and 234th of DAMAC’s 255.
Questions about One Canal
When will One Canal be finished?
The DLD register lists a completion date of 30 May 2025. It was 77.42% built at DLD’s inspection on 28 Jul 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is One Canal finished?
No. The DLD register lists it as active, 77.42% built at the inspection on 28 Jul 2026.
How many sales has One Canal had?
49 sales registered with the Dubai Land Department since Jan 2019, 5 of them over Oct 2025–Sep 2026. The count includes 2 land plots, which are left out of every price figure.
Who is the developer of One Canal?
The DLD register lists A H S Canal Development L.L.C, DLD developer number 1491, which we group under DAMAC.
Where is One Canal?
In Al Wasl, Dubai. The Dubai Land Department registers its sales under the district Al Wasl. Homes there registered at a median AED 3,052 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for One Canal?
The DLD project register lists an escrow account with Abu Dhabi Commercial Bank for One Canal.
Cite this page
One Canal, Al Wasl. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/one-canal
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.