OffplanIndex
Prices on this site were last read 30 July 2026, 64 days ago.New launches added up to 30 September 2026.
Abu Dhabi · Off-plan project · July 2026

Canal by M

Al Reem Island · by GEFINOR · Abu Dhabi

On saleUnder constructionHandover Q3 202631 priced units1 payment planLimited data

This project sits outside the full evidence tier: it is in Abu Dhabi, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.

Price from
AED 2.60M
AED 2,600,000, in the AED 2M to 3M band
Median AED/sqft
1,631
across 31 priced records
Paid before handover
30%
from its published plan, nothing after the keys
Scheduled handover
Q3 2026
developer-published date for 2026
Everything the corpus holds on this project

The record

Developer
GEFINOR
City
Abu Dhabi
Sale status
On sale
Construction
Under construction
Classification
Off-plan
Property types
Apartment, Penthouse, Townhouse
Bedrooms offered
2, 3, 4
Priced unit records
31
Payment plans listed
1
Sub-community
Shams Abu Dhabi
Published price range
AED 2.60M to AED 7.96M
Ownership
Freehold

StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30

Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

What the units in Canal by M actually ask · AED per sqft
median 1,631
3677911,7033,6705,386
this project, 31 priced units, middle half 1,580 to 1,677Al Reem Island, median 1,900, same bins, scaled to its own tallestrail under the bars: 1,505 to 1,742 is the tenth to the ninetieth percentileAED per sqft, log scale
Distribution of asking price per sqft across the priced units published for this project, on the corpus-wide 12 bin log scale.

SourceOffplanIndex corpus, July 2026n = 31 priced unit records for this projectMethod

AED 1,631 per sqft, 14% below the Al Reem Island median, and 19% below the Dubai median.

AED 1,631
This project, AED 1,631Al Reem Island median, AED 1,900Middle half of Al Reem Island, AED 1,619 to 2,297Dubai median, AED 2,021
Against Al Reem Island
-14%
on a median of AED 1,900 from 354 priced units
Against Dubai
-19%
on a median of AED 2,021 from 42,490 priced units
Position in Al Reem Island
9 of 34
priced projects in the community ask less per sqft than this one

AED per sqft of built-up area, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions.

SourceOffplanIndex corpus, July 2026n = 31 priced records for this projectMethod

Cite this: OffplanIndex, Canal by M price per sqft, AED 1,631, July 2026, https://offplanindex.com/projects/gefinor-limited-canal-by-m

Canal by M's priced units, by bedroom

What each bedroom count asks

BedroomsPriced unitsFromMedian priceMedian sqftAED/sqft
2 BR20AED 2.60MAED 2.60M1,5731,653
3 BR10AED 3.95MAED 3.95M2,4411,618
4 BR1AED 7.96Mtoo few units for a median

From the developer's published unit inventory as read on the corpus date, asking prices not transactions. A bedroom count with fewer than three priced units shows its count and lowest price only.

Share of the price at each stage, as the developer publishes it

The published payment plan

PlanDown paymentDuring constructionOn handoverAfter handoverStructure
Standard10%20%70%none30/70

Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape.

What is due before the keys, and what is not

The payment plan

Canal by M
30%
70%
30%
Before handover
70%
On handover
0%
After handover

On the published entry price of AED 2,600,000 that is AED 780,000 before handover. Run other prices through the payment plan calculator.

Median plan structure across 101 published plans in Al Reem Island
42%
47%
On booking 11%During construction 42%On handover 47%

Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 5% of plans in Al Reem Island schedule instalments after the keys.

The projects nearest this one on entry price, on the same measures

More in Al Reem Island

All 53 projects

The same slice of Al Reem Island: starting AED 2M to 3M 15, handing over in 2026 6, with 10% down 27.

Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Al Reem Island, Abu Dhabi in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.