Reemah Elite Real Estate
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Projects·Abu Dhabi·Al Reem Island
Canal by M, apartments in Al Reem Island, Abu Dhabi, by Gefinor Properties
Off-PlanApartments

Canal by M

Al Reem Island · Abu Dhabi · by Gefinor Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 2.6M
entry price
Bedrooms
2BR-4BR
Apartments
Handover
Q3 2026
Off-Plan
Est. gross yield
On ask

Canal by M is an apartment development by Gefinor Properties in Al Reem Island, Abu Dhabi. The project offers 2BR to 4BR homes. Unit sizes run from 1,474 to 7,097 sqft. Launch pricing starts at AED 2,600,000. The published payment plan is 30/70: 10 percent on booking, 20 percent during construction, 70 percent on handover. Handover is scheduled for Q3 2026. Amenities include gym or health club, swimming pool, kids play area. Abu Dhabi is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 2,600,000
  • 30/70 payment plan
  • Handover Q3 2026
  • 2BR-4BR homes
Payment structure
30/70
Modelled on entry price AED 2.6M
Booking / down payment10% · AED 260,000
During construction20% · AED 520,000
On handover70% · AED 1,820,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Canal by M: the down payment plus government and trustee costs, before the mortgage question.
Down payment10%
AED 260,000
DLD fee4%
AED 104,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 368,500
Down payment 10% + DLD 4% + trustee. Indicative, not financial advice.
Location
Al Reem Island · Abu Dhabi
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GE
Developer
Gefinor Properties
Data provenance

Details for Canal by M are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Gefinor Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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