Eden House The Canal by H&H at Dubai Water Canal

Homes in the building are sold on a freehold basis, which means the buyer fully owns the property and can sell, rent out or pass it on. On top of the home price, buyers pay the Dubai Land Department a transfer fee of 4% of the purchase price when the sale is registered.

Know these facts about the Dubai Water Canal before buying a home beside it:

The canal opened on 9 November 2016.

• It is 3.2 kilometres long, 6 metres deep and 120 metres wide.
• It links Dubai Creek and Business Bay to the Arabian Gulf, passing Safa Park and Jumeirah 2 on the way.
• The waterfront along both banks is 6.4 kilometres long, with footpaths, jogging tracks, cycling tracks and seating areas.
• Road bridges carry 3 main city roads over the water, so car travel across the city is not cut off.
• 3 pedestrian bridges cross the canal, including the Bridge of Tolerance, earlier known as the Twisted Bridge.
• Marine stations along the canal connect it with water transport towards Dubai Creek.

For buyers, this has 2 effects. Land with direct canal frontage is limited, so few homes have it. Residents also get a long outdoor path for walking, running and cycling outside the building.

This project is a good match for:

• End users who want to move in now: there is no construction wait
• Large families: the 3 and 4 bedroom homes give each family member a room
• Buyers who prefer a small building: fewer homes means fewer people sharing the pool, gym and lifts
• Golden Visa applicants: the UAE gives a 10 year Golden Visa to owners of property worth AED 2 million or more, and every home here is above that level. The visa can also cover the owner’s spouse, children and domestic staff
• People who work in Downtown Dubai, DIFC or Business Bay: the office districts are a short drive along Sheikh Zayed Road

It may not suit:

• Buyers whose budget is below the starting price: there are no lower priced home types in the building
• Buyers looking for a long construction payment plan: the building is finished, so payment follows the terms of a ready home sale or a mortgage
• People who want a large gated township: this is a single building, not a master community with its own malls and schools inside
• Buyers who want views from a very high floor: the building is low-rise, so it does not offer skyscraper height