Canal by M at Al Reem Island – Exclusive Waterfront Living

Gefinor Limited
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Starting Price

2.6M

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Canal by M is a prestigious low-rise waterfront project developed by Gefinor Limited, blended along the serene shores of Shams Abu Dhabi on Al Reem Island. This particular boutique 9-story architectural gem showcases a limited collection of only 31 bespoke residences, crafted for those who seek an intimate and refined lifestyle. The project seamlessly combines modern luxury with nature, offering unobstructed views of the lush mangroves and the Arabian Gulf.

Every particular residence at Canal by M is a testament to meticulous craftsmanship, showcasing 3-meter+ high ceilings, floor-to-ceiling glass walls, and expansive balconies that invite the coastal breeze indoors. The development distinguishes itself with unique design elements like translucent sliding panels in kitchens and private staff quarters in most units. With construction well underway since late 2024 and a targeted handover in August 2026, Canal by M offers a unique opportunity to own a high-value asset in one of Abu Dhabi’s most sought-after investment zones.

 

Property Details

Feature Details
Developer Gefinor Limited (Partnership with Arabian Construction Company & By M Holding)
Location Shams Abu Dhabi, Al Reem Island
Property Type Apartments, Townhouses & Penthouses
Starting Price AED 2,600,000
Government Fee 2% ADM Fee
Unit Status Under Construction (Started November 2024)
Ownership Freehold for all Nationalities
Estimated Completion August 31, 2026 (Q3 2026)
Views Mangroves, Sandy Beach, and Canal Vistas

Location & Connectivity

Canal by M is strategically located within the Cove District of Al Reem Island, providing effortless urban connectivity:

  • 05 mins – Abu Dhabi Mall & Paragon Bay Mall
  • 05 mins – Sorbonne University Abu Dhabi
  • 10 mins – Reem Mall & Reem Central Park
  • 10 mins – Saadiyat Island & Cleveland Clinic
  • 15 mins – Corniche Beach & Downtown Abu Dhabi
  • 20 mins – Zayed International Airport (AUH)

Why Invest in Canal by M

  • Scarcity & Exclusivity: With only 31 units in the entire building, this project offers high privacy and lower competition in the resale/rental market.
  • Prime Waterfront Location: Properties on Al Reem Island with direct beach and mangrove views command the highest rental premiums.
  • Strong ROI Potential: Al Reem Island currently provides an average property yield of 7%, with high demand for boutique luxury residences.
  • Golden Visa Eligibility: Starting prices at AED 2.6M automatically qualify buyers for the 10-year UAE Golden Visa.
  • Luxury Branding: Managed by Gefinor, the project is designed to appeal to high-net-worth professionals and luxury lifestyle seekers.

End Description

Features

Card Down payment: 10%

Card During Construction: 20%

Card On Completion: 70%

Location

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Floor Plan Tab

For: 2 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,764 Sq. Ft

For: 3 Bedroom Townhouse
Starting Price: Call Us
Average Area: 2,622 Sq. Ft.

For: 4 Bedroom Penthouse
Starting Price: Call Us
Average Area: 7,097 Sq. Ft

Floor Plan

Features & Amenities

Awesome Image BBQ Stations
Awesome Image Yoga Garden
Awesome Image Gym
Awesome Image Padel Courts
Awesome Image Calm Palm Garden
Awesome Image Q1: Is Canal by M a freehold project?
Awesome Image Q2: What is the service charge for this project?
Awesome Image Q3: Are there any schools nearby?

Payment Plan:

Down Payment

During Construction

On Completion

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Starting Price

2.6M

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Frequently Asked Questions:

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