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Under ConstructionGolden Visa Eligible

One Canal by Mered

by Mered in Dubai Canal

Ultra-luxury canal-side — panoramic Safa Park & canal views

Starting From

AED 4.5M

Completion

Q1 2029

Expected Yield

4.5–6.0%

Total Units

150

About This Project

One Canal by Mered is an ultra-luxury residential tower on the banks of the Dubai Water Canal, offering panoramic canal and Safa Park views. With only 150 residences featuring floor-to-ceiling glass, Italian marble bathrooms, and Mered's signature luxury finishes, this tower targets discerning buyers seeking the pinnacle of canal-side living. A rooftop observatory lounge and private marina berths complete the offering.

Available Units

Property Types

ApartmentsPenthouses

Bedrooms

2BR3BR4BRPenthouse

Payment Plan

60/40

60/40 — 60% during construction, 40% on handover

During ConstructionOn Handover
All payments held in RERA-regulated escrow

Features & Amenities

Canal views
Safa Park views
Italian marble
Rooftop observatory
Private marina berths
Concierge

Investment Analysis

Expected Yield

4.5–6.0%

Gross annual rental yield

Golden Visa

Eligible

10-year UAE residency

Capital Growth

15–40%

Typical off-plan appreciation

Location

Frequently Asked Questions

What is the starting price of One Canal by Mered?

One Canal by Mered by Mered starts from AED 4.5M. Available unit types include Apartments, Penthouses with 2BR, 3BR, 4BR, Penthouse configurations. The project is located in Dubai Canal, Dubai.

What is the payment plan for One Canal by Mered?

The payment plan for One Canal by Mered is 60/40 — 60% during construction, 40% on handover. This construction-linked plan allows you to spread payments over the build period with no mortgage required during construction.

When will One Canal by Mered be completed?

One Canal by Mered is scheduled for completion in Q1 2029. The project is currently under construction. 150 units are planned in total.

What is the expected rental yield for One Canal by Mered?

The expected rental yield for One Canal by Mered is 4.5–6.0% gross annually. Dubai Canal is a high-demand area for tenants, which supports strong rental returns. Off-plan buyers also benefit from capital appreciation between purchase and handover.

Does One Canal by Mered qualify for the UAE Golden Visa?

Yes, One Canal by Mered qualifies for the UAE 10-year Golden Visa as the property value meets the AED 2,000,000 minimum threshold. The Golden Visa covers you, your spouse, and your children, and allows you to live, work, and study in the UAE.

Interested in One Canal by Mered?

Get pricing, floor plans, and payment plan details from our off-plan specialists.

Developer

Mered

Palazzo Versace branded — ultra-luxury canal-side residences

Founded

2021

Delivered

500+

View Developer Profile

Quick Facts

StatusUnder Construction
Starting PriceAED 4.5M
CompletionQ1 2029
Total Units150
Payment Plan60/40
Golden VisaYes

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