5BR Villa in One Canal, Al Wasl

This 5-bedroom villa at One Canal by AHS Properties offers 8,900 sq ft on the Dubai Water Canal in Al Wasl, priced from AED 57,500,000 (about AED 6,461 per sq ft).

One Canal is a 24-residence ultra-luxury building by AHS Properties beside the Dubai Water Canal and Safa Park, with penthouses, sky villas and a sky mansion furnished by Fendi Casa, architecture by Killa Architects and interiors by Hirsch Bedner Associates. The Dubai Land Department lists it as project 2501 (A H S Canal Development L.L.C), registered in November 2022 with 44 homes: 19 three-bedroom, 17 four-bedroom, 7 five-bedroom and 1 six-bedroom unit. Construction stood at 77.42% at the latest DLD inspection on 28 July 2026. Residents have private sky pools, private lifts, a spa, a temperature-controlled pool, a steam room, a gym and yoga studio, a cinema room and cigar lounge, with concierge, doorman and room service; the building is pet-friendly.

Safa Park and the Dubai Water Canal are on the doorstep, with Downtown Dubai and DIFC a short drive away.

This 5-bedroom sky villa suits buyers looking for one of only 24 Fendi Casa-furnished homes on the canal.

What is the payment plan for One Canal? The developer feed lists a 60/40 plan. Dubai Land Department registration adds 4% of the purchase price.

How does the price compare with Al Wasl? Registered sales in Al Wasl had a median of AED 3,326 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 731 sales). At about AED 6,461 per sq ft, this unit is around 94% above that median.

What rental yield can investors expect in Al Wasl? The median annual rent was AED 170,000, a gross yield of about 3.9% over the same period (Dubai Land Department, 1,378 Ejari contracts in Al Wasl). Actual returns depend on the unit, floor and market at handover.

When will One Canal be completed? The Dubai Land Department still shows 30 May 2025, which has passed with construction at 77.42% in July 2026, while our feed lists Q4 2026.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.