Under construction
Canal by M
by GEFINOR LIMITED in Al Reem Island
From AED 2,600,00030/70 payment plan
- From
- AED 2,600,000
- Handover
- On request
- Homes
- 2 to 4 bed
- Sizes
- 1,474 to 7,097 sq ft
- Payment plan
- 30/70
About Canal by M
Two-, three-, and four-bedroom apartments, penthouses, and townhouses line Al Reem Island's waterfront in a development by GEFINOR LIMITED.
Unit types include apartments, penthouses, and townhouses from 1,474 to 7,097 square feet with two to four bedrooms. The low-rise structure offers flexible layouts.
Residents share landscaped gardens, a gymnasium and fitness center, indoor swimming pool, and children's play areas. Additional facilities include barbecue areas and covered parking with CCTV security.
Al Reem Island is an established residential community with mature infrastructure including schools, supermarkets, and dining options. The island offers connectivity to Abu Dhabi's key landmarks and the mainland.
The film
Homes
Payment plan
- 10%Down payment
- 20%During construction
- 70%On handover
Amenities
- Indoor pool
- Gym
- Children's play area
- Landscaped gardens
- Barbecue area
- 24-hour security
- Covered parking
Construction and dates
- Planned handover
- Q3 2026
Location
About Al Reem Island
Al Reem Island, an Abu Dhabi area, holds apartments, townhouses, villas, penthouses, and duplexes built by Radiant Enterprises, Saas Properties, Modon Properties, Royal Development Holding, Reportage Real Estate, and Q Properties.
Canal by M is a freehold project.
Masterplan
The low-rise structure houses units positioned to maximize water-facing views. Community spaces and shared facilities are distributed throughout the development to support resident gathering and interaction.
Brochure
Questions about Canal by M
- What is the price of Canal by M?
Canal by M starts from AED 2,600,000, as of 24 September 2026. By home: 2 Bed Apartment from AED 2.6M; 3 Bed Apartment from AED 3.95M; 3 Bed Townhouse from AED 4.95M; 4 Bed Penthouse from AED 7.96M.
- Is Canal by M expensive for Al Reem Island?
From AED 1,764 a square foot, against a median of AED 1,988 for 15 new projects in Al Reem Island.
- What is the payment plan for Canal by M?
The developer’s payment plan for Canal by M is 30/70: 10% down payment, 20% during construction and 70% on handover, as of 4 October 2026.
- Are there floor plans for Canal by M?
Yes. The floor plans for 2 Bed Apartment, 3 Bed Apartment, 3 Bed Townhouse and 4 Bed Penthouse are on this page under Homes.
About GEFINOR LIMITED
GEFINOR LIMITED develops apartments, penthouses, and townhouses on Al Reem Island. The company has collaborated with By M Holding on projects across the UAE and Lebanon.
