Luxury Canal Residences by Prestige One Developments
Dubai Islands
project Overview for Luxury Canal Residences
AED 2,653,000
Starting Price
20/45/35%
Payment Plan
20%
Booking Fee
Under Construction
31 Mar 2028
Shawad Mohammad
Agent
Development Details & Types
1,200 - 1,677 sq.ft
73
12
2-3 Bedrooms
About Luxury Canal Residences
Waterfront Apartments on the Dubai Islands Harbour
Luxury Canal Residences is a 73-home tower by Prestige One Developments on the harbour side of Dubai Islands, the five-island district off the Deira coast that was previously called Deira Islands. Residential floors rise above a ground floor and podium, with a pair of penthouses on the top level.
Its stacked white balconies are angled in a wave pattern, a nod to the Gulf waters around the islands. The tower is aimed at buyers who want island living with a short drive to Deira and the airport, and at investors looking for a smaller waterfront building.
2 and 3 Bedroom Residences at Luxury Canal
Two unit types are currently on sale. Two-bedroom apartments measure 1,200 to 1,244 sq ft and are priced from AED 2,653,000, while a three-bedroom home of 1,677 sq ft is available from AED 3,500,000. The wider building also includes one-bedroom homes and two penthouses with private terrace pools.
Interiors pair pale marble with warm timber and full-height glazing that pulls daylight deep into the rooms. Kitchens in the renders feature marble islands, integrated ovens and wine coolers, and most layouts open onto a private balcony.
Infinity Pool, Spa and Courts at Luxury Canal
Most shared facilities sit on the podium. An infinity pool and sun deck are joined by a jacuzzi, a spa with changing rooms and a separate wellness area, plus indoor and outdoor gyms. Sports players get tennis, basketball and badminton courts and a miniature golf course.
Children have an adventure park, a splash zone and a little explorers' zone. Adults can use the owners' lounge, a clubhouse, billiards and foosball tables, a library lounge, a barbecue terrace and an outdoor cinema. Concierge assistance and 24/7 security run from the ground-floor lobby.
Dubai Islands Location Close to Deira and DXB
Dubai Islands connect to the Deira mainland by road bridges, so the older city is a short drive away. The abra water taxi stations on the creek are about 9 minutes by car, and Deira City Centre and Al Mamzar Beach Park are each around 13 minutes.
Dubai International Airport (DXB) and the Dubai Frame are also about 13 minutes away, which suits frequent flyers. La Mer Beach takes roughly 14 minutes, and Dubai World Trade Centre is about 15 minutes by road. The islands themselves are planned with beaches, a marina, parks and a golf course.
Explore the Lifestyle & Amenities at Luxury Canal Residences
Gym
Tennis Court
Basketball Court
Mini Golf Course
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A Closer Look at the Features of Luxury Canal Residences
Balcony
Experience the Views from Luxury Canal Residences
Facing the Dubai Islands harbour, the tower looks over water and the landscaped island parkland. Full-height windows in the living rooms and bedrooms frame these outlooks, and the exterior renders place the Dubai skyline, including Burj Khalifa, on the far horizon. The penthouses add wide terraces with private pools facing the city.
Property Layout & Floor Plan for Luxury Canal Residences
2 Bedroom
2 Beds
1,200 - 1,244 sq.ft
AED 2,653,000
Flexible Payment Plan Details For Luxury Canal Residences
AED 2,653,000
Starting Price
2 Beds
Bedroom
Down Payment
AED 530,600
Under Construction
AED 1,193,850
Handover
AED 928,550
Download the payment plan for Luxury Canal Residences
Detailed Payment breakdown for 2 Beds
On Booking
AED 530,600
During Construction
AED 1,193,850
On Handover
AED 928,550
About Prestige One Developments Developer
Prestige One Developments is a Dubai developer of apartment projects in Dubai Sports City, Dubai Islands, JVC and beyond, including branded towers such as Hilton Residences and Fauchon Residences.
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Master Plan Community
About Dubai Islands
Waterfront Living
Deira Islands Night Souk
Dubai Islands is a visionary development that promises to redefine luxury living in Dubai. It's a collection of stunning islands that will offer a unique blend of waterfront residences, world-class amenities, and a vibrant lifestyle.
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Luxury Canal Residences Connectivity & Accessibilities
Luxury Canal Residences Location & Surroundings
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Project Status and Details for Luxury Canal Residences
Status
Completion Date
No. of Floors
Total Units
Year Built
Developer
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Key facts about Luxury Canal Residences
- Starting price
- AED 2,653,000
- Payment plan
- 20/45/35
- Handover
- March 2028
- Status
- Under construction
- Developer
- Prestige One Developments
- Unit types
- Apartments (2 Bed-3 Bed)
Questions about Luxury Canal Residences
What is the starting price of Luxury Canal Residences?
Luxury Canal Residences starts from AED 2,653,000. Prices vary by unit type and availability.
What is the payment plan for Luxury Canal Residences?
Luxury Canal Residences has a 20/45/35 payment plan. Breakdown: 20% down payment, 45% during construction and 35% on handover.
When is the handover of Luxury Canal Residences?
The scheduled handover of Luxury Canal Residences is March 2028. The project is currently under construction.
Who is the developer of Luxury Canal Residences?
Luxury Canal Residences is developed by Prestige One Developments.
Where is Luxury Canal Residences located?
Luxury Canal Residences is located in Dubai Islands.
What types of units are available at Luxury Canal Residences?
Luxury Canal Residences offers apartments (2 Bed-3 Bed).
FAQ
What unit types are on sale at Luxury Canal Residences?
Two unit types are on sale: 2 bedroom apartments of 1,200 to 1,244 sq ft and a 3 bedroom apartment of 1,677 sq ft. The building also has 1 bedroom homes and two penthouses.
What is the starting price at Luxury Canal Residences?
Homes currently on sale start from AED 2,653,000 for a 2 bedroom apartment, with the 3 bedroom from AED 3,500,000. Prices and availability may change at any time, so ask us for the latest list.
What is the payment plan for Luxury Canal Residences?
The plan is 20/45/35: 20% on booking, 45% spread across construction and the final 35% due on handover.
When is handover for Luxury Canal Residences?
Handover is marketed for the first quarter of 2028 (March 2028). Construction started in 2025, and we confirm the current timeline when you reserve.
Where is Luxury Canal Residences located?
The tower is on the harbour of Dubai Islands, off the Deira coast. Deira City Centre, Al Mamzar Beach Park and Dubai International Airport are each about 13 minutes by car.
Who is the developer of Luxury Canal Residences?
The project is developed by Prestige One Developments, a Dubai developer that places design and resident lifestyle at the centre of its projects.
What amenities does Luxury Canal Residences offer?
Residents get an infinity pool, jacuzzi, spa and wellness area, indoor and outdoor gyms, tennis, basketball and badminton courts, mini golf, an outdoor cinema, kids' play zones and an owners' lounge.
Can buying here qualify me for a UAE Golden Visa?
Properties valued at AED 2 million or more can qualify for the UAE Golden Visa, subject to the current rules, and every home currently on sale is priced above that level.
What is the service charge at Luxury Canal Residences?
The service charge is listed at AED 16 to 18 per sq ft per year, which investors should factor into net rental yield calculations.
Contact Us
team@profoundproperties.com
1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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