Off-planQ4 2028
One Canal is a single residential tower on the Dubai Water Canal, designed by Shaun Killa of Killa Architects — the studio behind several of Dubai's most recognised contemporary buildings. The structure rises 16 floors above a ground-plus-three-basement podium, housing a total of 42 residences. Interiors are executed in collaboration with Fendi Casa, with design consultancy by Hirsch Bedner Associates (HBA), a firm best known for defining the aesthetic of ultra-luxury hotels and branded residences worldwide.
Residence configurations span 3-bedroom and 4-bedroom Penthouses, 4-bedroom and 5-bedroom Sky Villas, and a Sky Mansion, with unit sizes ranging from 4,100 sq ft to 18,000 sq ft. Every unit features private elevators that open directly into the living room, ceiling heights between 4.5 and 9 metres, private outdoor terraces with sky pools, and fully equipped Fendi kitchens. There are no public hallways — each floor is exclusively accessed by its own residence.
The partnership with Fendi Casa brings the Roman maison's material heritage into the residential context. Fendi Casa collections translate the house's savoir-faire — developed across decades of haute couture and leather goods — into furniture, fixtures, and finishes that combine Italian manufacturing tradition with contemporary spatial thinking. At One Canal, this extends to kitchen fit-outs, bespoke millwork, and material selections throughout each residence.
Each unit also includes a Teppanyaki station and twin jacuzzis, reflecting the brochure's emphasis on integrating dining and wellness directly into the private living space rather than routing residents to shared facilities.
Building-wide amenities include an indoor pool and pool lounge, a fully equipped gym and yoga studio, a world-class spa offering Swedish, Thai, Shiatsu, and deep tissue treatments, a cigar lounge, a cinema room, and a dedicated meeting room. A luxury garage is available for residents' car collections. The service model is hotel-grade: 24/7 concierge, valet, butler, bellboy, housekeeping, in-room dining, and a chef-on-call are all included in the residential offering.
Residents are enrolled in Lujo, a by-invitation lifestyle platform providing access to a global fleet of over 7,000 aircraft, curated yacht charters, restaurant reservations, and event access. A chauffeured Rolls Royce service is available for residents, guests, and family.
With only 42 units across the entire building, One Canal occupies a narrow segment of Dubai's ultra-prime residential market. The Dubai Water Canal waterfront address, adjacency to Safa Park, and the Fendi Casa branded interiors position the project alongside a small number of comparably specified developments in the city. DLD records show the project at 43.82% completion against a May 2025 handover target, with construction having commenced in December 2022. For investors exploring projects for sale in Dubai Water Canal, One Canal represents a rare opportunity to access a prestigious waterfront location with limited inventory, luxury specifications, and strong long-term value potential.
The Meraas-backed development sits within the Dubai Water Canal community, a master-planned corridor connecting Business Bay to the Arabian Gulf that has attracted significant institutional and private investment since its infrastructure was completed. The combination of low unit count, canal and park frontage, and a recognised Italian luxury brand collaboration creates a product profile with limited direct comparables in the current Dubai market.
One Canal sits directly on the Dubai Water Canal, adjacent to Safa Park — one of Dubai's largest public green spaces at approximately 64 hectares. The canal corridor connects Business Bay to Jumeirah, placing the building within a short drive of Downtown Dubai, DIFC, and City Walk. The Sales Centre for the project is located at City Walk, Unit 2, Building 5, Happiness Street.
The site is accessible by road via Al Wasl Road and Sheikh Zayed Road interchanges, and the water access — residents with private yachts can moor along the canal in Dubai areas. Dubai International Airport is approximately 25–30 minutes by road. The Al Safa Metro station on the Route 2020 extension provides additional public transport connectivity to the wider city.
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Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
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