Luxury Canal Residences

Luxury Canal Residences, Dubai Islands

About this Project

Luxury Canal Residences is an upcoming waterfront gem by Prestige Harbour Real Estate, located in the heart of the iconic Dubai Islands. Blending architectural brilliance with serene canal-front living, the project introduces a modern and luxurious residential concept that redefines sophistication. With 16 stories of carefully designed apartments, residents will experience a unique lifestyle surrounded by nature, elegance, and futuristic conveniences. The development reflects Dubai’s bold vision of urban growth and sustainability, offering expansive views, premium finishes, and an unmatched community atmosphere. Prime Location Situated in the Dubai Islands (previously the Deira Islands), Luxury Canal Residences is a well-chosen location that strikes a mix between connectivity and tranquility. In addition to providing picturesque views of the lake, this gorgeous location puts people in close proximity to the city's commercial, cultural, and recreational centers. • Minutes from Dubai International Airport • Close proximity to Deira Mall and Night Souk • Easy access to Dubai Creek Harbour and heritage attractions • Surrounded by beaches, marinas, and waterfront promenades Amenities Luxury Canal Residences is packed with world-class amenities that support a premium lifestyle in every aspect—health, leisure, convenience, and waterfront access. • Fitness center with cutting-edge equipment • Indoor and outdoor swimming pools • Spa, sauna, yoga, and meditation areas • Children’s play areas and landscaped gardens • Rooftop lounge with panoramic views • 24/7 concierge and security services • Smart home systems and high-speed elevators • Retail outlets and cafés on the ground floor • Direct access to canal promenades and water taxi Unit Type The development features a refined selection of 1, 2, and 3-bedroom apartments and penthouses, all crafted to meet the expectations of luxury living. • 1-Bedroom Apartments • 2-Bedroom Apartments • 3-Bedroom Apartments • 3-Bedroom Penthouses All homes include smart home technology, floor-to-ceiling windows, high-end appliances, and panoramic canal or skyline views. Delivery Date • The expected handover date is jan, 2028. Starting Price • The starting price for units is 2000000 AED. Luxury Canal Residences sets a new benchmark for elegant waterfront living in Dubai. With its prime location in the Dubai Islands, outstanding amenities, sustainable design, and visionary architecture, this development is perfect for both investors and end-users. Whether you’re seeking a peaceful retreat, a stylish urban home, or a long-term asset, this project delivers unmatched value and lifestyle appeal. As one of the most anticipated launches in the Dubai Islands masterplan, it’s poised to become a landmark community that captures the future of luxury living.

Construction Status

Phase
Under construction
Progress
0%

Project Details

  • Type: apartment, penthouse
  • Launch Date: 2025-07-01
  • Completion Date: 2028-01-01

Amenities

CCTV Security
Landscaped Gardens
Restaurants
Gymnasium
Children's Play Area
Indoor Swimming Pool

Project Timeline

  • Booking Started : 01/07/2025
  • Construction Started: 02/07/2025
  • Expected Completion : 01/01/2028

Available unit types from developer

APARTMENT

1 Bedroom

Size: 809 - 830 sq ft
Starting from AED 2,000,000
Available Layouts
Layout Type Size (sqft) Floor Plan
Type A 809.00 -
Type B 830.00 -

APARTMENT

2 Bedrooms

Size: 1200 - 1244 sq ft
Starting from AED 2,800,000
Available Layouts
Layout Type Size (sqft) Floor Plan
Type A 1,200.00 -
Type B 1,244.00 -

APARTMENT

3 Bedrooms

Size: 1676 - 2048 sq ft
Starting from AED 3,800,000
Available Layouts
Layout Type Size (sqft) Floor Plan
Type A 1,676.00 -
Type B 2,048.00 -

PENTHOUSE

3 Bedrooms

Size: 4427 - 4430 sq ft
Starting from AED 2,000,000
Available Layouts
Layout Type Size (sqft) Floor Plan
Type A 4,427.00 -
Type B 4,430.00 -

Standard

down payment
20%
At the time of booking 20%
during construction
45%
90 days after booking date 5%
180 days after booking date 5%
270 days after booking date 5%
360 days after booking date 10%
450 days after booking date 5%
540 days after booking date 5%
630 days after booking date 5%
720 days after booking date 5%
handover
35%
Upon handover 35%

Monthly Payment Calculator

5% 15% 25% 35% 50%
20% AED 0
Current UAE average: 3.5% - 6.5%
Monthly Payment
AED 0
Principal + Interest
Loan Amount
AED 0
Total Interest
AED 0
Total Payment
AED 0

📋 Note:

This is an estimate only. Actual rates and terms may vary based on your credit profile, bank policies, and current market conditions. Additional costs like insurance, registration fees, and bank charges are not included.

The Luxury Canal Residences masterplan is part of the larger Dubai Islands masterplan, offering a tranquil yet connected lifestyle in one of Dubai’s most ambitious island developments. Developed by Prestige Harbour Real Estate, this 16-storey waterfront project features smartly designed 1- to 3-bedroom apartments and penthouses with high-end finishes and panoramic canal views. Surrounded by natural landscapes, it merges elegance with functionality in a serene, upscale setting. Positioned along a scenic canal, this community provides easy access to Dubai’s cultural and commercial districts, including Deira Mall, Dubai Creek Harbour, and heritage attractions. As a vital part of the Dubai Islands vision, Luxury Canal Residences represents a forward-thinking approach to coastal living, ideal for homeowners seeking modern comfort and investors targeting long-term value. Key Features Nearby Location: • Dubai International Airport – 20 Minutes • The Dubai Frame – 22 Minutes • Dubai World Trade Centre – 24 Minutes • Downtown Dubai – 24 Minutes • Business Bay – 33 Minutes Amenities: • 24/7 Security, EV Charging Stations • Spa and Sauna, Swimming Pool • Gym, Tennis & Basketball Courts • Clubhouse, Cafes, Restaurants • BBQ Area, Leisure Spaces • Jogging Trails, Cycling Tracks • Pharmacy, Kids Play Area, Parks

Location

Luxury Canal Residences , Dubai Islands

Where is Luxury Canal Residences Located?

Luxury Canal Residences is located on Dubai Islands, part of the Dubai waterfront development in the UAE.

Is this Luxury Canal Residences Freehold or leasehold?

The Luxury Canal Residences are Freehold properties, meaning ownership is not time-limited and is fully transferable.

Who is the owner of Luxury Canal Residences?

The owner of Luxury Canal Residences is Prestige One Developments, a renowned real estate development company known for creating high-end residential and commercial properties.

What is the Payment Plan of Luxury Canal Residences ?

The payment schedule for Luxury Canal Residences is structured as follows: • 20% Down Payment – At the time of sales launch • 45% During Construction – Divided into 8 installments throughout the construction period • 35% On Handover – Balance amount due at the time of property handover This plan gives buyers flexibility by spreading payments during construction, with the final balance settled upon handover.

When is {Luxury Canal Residences's Delivery date?

Luxury Canal Residences is scheduled for delivery in January 2028. The confirmed handover date ensures timely completion, allowing buyers and investors to plan their move or investment returns with certainty.

Is Luxury Canal Residences a good investment?

Yes, Luxury Canal Residences is a strong investment opportunity. Located in the heart of the Dubai Islands, the development offers direct access to beaches, marinas, and waterfront promenades while remaining close to major commercial and cultural centers. The project features 16 stories of modern apartments and penthouses, each equipped with smart home technology, floor-to-ceiling windows, and premium finishes. Residents benefit from high-end amenities including swimming pools, a fitness center, spa, landscaped gardens, children’s play areas, and a rooftop lounge with panoramic views. With prices starting at AED 2,000,000 and handover scheduled for January 2028, it combines prime location, luxury lifestyle, and long-term value.

What isLuxury Canal Residences's starting price?

The starting price for Luxury Canal Residences is AED 2,000,000.

What are the housing options of Luxury Canal Residences ?

Luxury Canal Residences offers a range of premium apartments and penthouses designed to maximize comfort, style, and waterfront living. The development features 1-bedroom, 2-bedroom, and 3-bedroom apartments, along with exclusive 3-bedroom penthouses. The 1-bedroom apartments, starting from AED 2,000,000, range between 809 and 830 sq. ft. The 2-bedroom apartments, starting from AED 2,800,000, measure between 1,200 and 1,244 sq. ft. The 3-bedroom apartments, starting from AED 3,800,000, offer larger layouts ranging from 1,676 to 2,048 sq. ft. For buyers seeking more space and exclusivity, the 3-bedroom penthouses provide expansive interiors measuring 4,427 to 4,430 sq. ft. These options combine modern finishes, smart home features, and panoramic canal or skyline views, making them ideal for end-users and investors alike.

Launch Price

AED 2,000,000

*Prices may vary

Key Information

Handover 2028-01-01
Property Types apartment, penthouse
Status Under construction

Interested in this project?

Contact the developer for more details, pricing, and availability.