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Luxury Canal Residences
Luxury Canal Residences, Dubai Islands
About this Project
Construction Status
Project Details
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•Type: apartment, penthouse
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•Launch Date: 2025-07-01
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•Completion Date: 2028-01-01
Amenities
Project Timeline
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•Booking Started : 01/07/2025
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•Construction Started: 02/07/2025
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•Expected Completion : 01/01/2028
Available unit types from developer
APARTMENT
1 Bedroom
Available Layouts
| Layout Type | Size (sqft) | Floor Plan |
|---|---|---|
| Type A | 809.00 | - |
| Type B | 830.00 | - |
APARTMENT
2 Bedrooms
Available Layouts
| Layout Type | Size (sqft) | Floor Plan |
|---|---|---|
| Type A | 1,200.00 | - |
| Type B | 1,244.00 | - |
APARTMENT
3 Bedrooms
Available Layouts
| Layout Type | Size (sqft) | Floor Plan |
|---|---|---|
| Type A | 1,676.00 | - |
| Type B | 2,048.00 | - |
PENTHOUSE
3 Bedrooms
Available Layouts
| Layout Type | Size (sqft) | Floor Plan |
|---|---|---|
| Type A | 4,427.00 | - |
| Type B | 4,430.00 | - |
Standard
down payment
20%during construction
45%handover
35%Monthly Payment Calculator
📋 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.
Location
Luxury Canal Residences , Dubai Islands
Luxury Canal Residences is located on Dubai Islands, part of the Dubai waterfront development in the UAE.
The Luxury Canal Residences are Freehold properties, meaning ownership is not time-limited and is fully transferable.
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.
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.
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.
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.
The starting price for Luxury Canal Residences is AED 2,000,000.
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
*Prices may vary
Key Information
Developer
Interested in this project?
Contact the developer for more details, pricing, and availability.