Luxury Canal Residences
The facts, verified
About the project
Project general facts Luxury Canal Residences by Prestige One is a serene waterfront retreat nestled along the harbor of Dubai Islands, offering an elegant fusion of tranquility and modern sophistication. Thoughtfully designed for those who appreciate peaceful, elevated living, the development mirrors the gentle rhythm of the sea, creating an atmosphere where life flows effortlessly. With its graceful architecture and seamless connection to nature, the residences exude timeless charm and refined simplicity. The development offers a comprehensive array of lifestyle-enhancing amenities spread across the ground and podium levels, including an infinity pool, spa, wellness area, sports courts, a miniature golf course, outdoor cinema, and a children's adventure park. Residents can unwind in the Prestige Owners' Lounge or enjoy the canal promenade, while every detail is designed to enrich the everyday experience. The community celebrates leisure, luxury, and meaningful living through thoughtfully curated spaces. Each residence features modern finishing with high-quality materials, creating living spaces that exude sophistication and contemporary elegance. The spacious layouts, sophisti
Amenities
Luxury Canal Residences payment plan
| Milestone | Share | On AED 2.69M |
|---|---|---|
| On booking | 20% | AED 538K |
| During construction | 45% | AED 1.21M |
| Upon Handover | 35% | AED 942K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 538,200 |
| During construction (45%) | ≈ AED 50,456 equivalent per month over 24 months | AED 1,210,950 |
| Handover (35%) | On completion | AED 941,850 |
| DLD fee (4%) | On booking | AED 107,640 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Luxury Canal Residences prices and unit mix
Project documents
Dubai Islands masterplan
Luxury Canal Residences location and connectivity
- Deira Islands Night Souk3 km
- Deira Island Beach6 km
- Spectrum Nursery6.3 km
- Dubai International Airport9.8 km
- Downtown Dubai20.6 km
Dubai Islands registered prices, against Luxury Canal Residences
Compare against another launch →About Prestige One Developments
All their projects →
Prestige One Developments stands tall as a global powerhouse in real estate development. Since our inception, we do more than build homes—we craft experiences where luxury intertwines with lifestyle. Having the customer, community, and design at the heart of its ethos, Prestige One Developments is a premier Dubai real…
Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Luxury Canal Residences
What is the starting price at Luxury Canal Residences?
Luxury Canal Residences starts from AED 2.69M and runs to AED 9.48M, across 2 bedroom, 2 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
What is the Luxury Canal Residences payment plan?
20% on booking, 45% during construction, 35% upon handover, worked in dirhams on AED 2.69M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Luxury Canal Residences handover?
Prestige One Developments lists handover for Q1 2028, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Luxury Canal Residences?
In Dubai Islands, Dubai: Deira Islands Night Souk 3 km, Deira Island Beach 6 km, Spectrum Nursery 6.3 km. The Dubai Islands community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 3538491084806. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.