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Off-plan building · Prestige One

Luxury Canal Residences, Dubai Islands

Highlights

Luxury Canal Residences at a glance

About Luxury Canal Residences

Luxury Canal Residences is a residential building in Dubai Islands, Dubai, developed by Prestige One. It holds about 73 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments. Depending on the unit, windows look out over Community.

It is under construction, 29% complete, with handover planned for 2027. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,001 per sq ft.

Luxury Canal Residences is an exquisite residential development located on the iconic Dubai Islands, offering a premium lifestyle in a sought-after area of Dubai. This upscale development features an exclusive collection of penthouses, sky villas, sky mansions, and sky palaces, providing the ultimate in luxury living. With spacious designs, opulent interiors, and world-class amenities, Luxury Canal Residences promises an unparalleled living experience.

Unbeatable Location on Palm Deira

Set on the renowned Dubai Islands, this prestigious development enjoys stunning views of the Arabian Gulf and Dubai’s dynamic skyline. Palm Deira’s unique location provides both a peaceful living environment and easy access to the city’s key attractions, such as Dubai Creek, Dubai International Airport, and major business districts, making it the ideal location for those who want to be close to the action yet enjoy privacy and tranquility.

Architectural Brilliance and Sophistication

Designed by Killa Design, one of the most innovative names in architecture, Luxury Canal Residences blends contemporary style with luxurious elements. The development features elegantly crafted interiors by HBA Interiors, focusing on quality and aesthetic appeal. With expansive ceiling heights ranging from 4.5 to 9 meters, the homes create an airy, open ambiance, enhancing the feeling of space and grandeur.

Spacious Residences Designed for Comfort and Elegance

The residences at Luxury Canal Residences are designed for those who seek vast, luxurious living spaces. The development offers 3-bedroom penthouses, 4-5 bedroom sky villas, 6-bedroom sky mansions, and exclusive sky palaces and palazzos, ranging in size from 4,601 sq. ft. to 30,000 sq. ft. Each residence offers ample room for customization, ensuring that every home is a perfect fit for its owner.

An Exceptional Investment Opportunity

With a project value of AED 3.12 billion ($850 million), Luxury Canal Residences represents a remarkable investment opportunity in Dubai's luxury property market. The 60/40 payment plan and handover set for Q1 2026 make it an attractive choice for investors looking to acquire property in a prime location with high potential for future returns.

Luxury Canal Residences offers a rare opportunity to live in one of Dubai’s most prestigious areas, with unmatched views, world-class facilities, and a true sense of luxury living. For those who seek the finest in residential living, this development offers a once-in-a-lifetime chance to experience waterfront elegance at its best.

In a nutshell

  • A residential off-plan building
  • Located in Dubai Islands, Dubai
  • Developed by Prestige One
  • Completed in Q4 2027
  • Unit types: 1 Bed, 2 Beds, 3 Beds
  • Sizes from 810 to 4,430 sq ft
  • Views: Community View
  • Features: Children's Play Area, Seafront, Vastu-compliant
  • Palm Deira metro station 1.8 km away
Статус
Недвижимость на стадии строительства
Девелопер
Prestige One
Местоположение
Dubai Islands, Dubai
Сдача объекта
Q4 2027
Construction
29%
Типы объектов
1 Bed, 2 Beds, 3 Beds
Prices from
AED 1.5M
Медианная цена за sq ft
AED 2,001
Nearest metro
Palm Deira, 1.8 km

Building details

Inside Luxury Canal Residences

Facilities in Luxury Canal Residences

Luxury Canal Residences lists 3 features and facilities for its residents.

  • Children's Play Area
  • Seafront
  • Vastu-compliant

Properties in Luxury Canal Residences

1-bedroom apartments in Luxury Canal Residences

There are about 30 of these in Luxury Canal Residences, from 810 to 830 sq ft. They have recently sold for a median of AED 1.7M, or AED 2,070 per sq ft.

2-bedroom apartments in Luxury Canal Residences

There are about 32 of these in Luxury Canal Residences, from 1,200 to 1,240 sq ft. They have recently sold for a median of AED 2.4M, or AED 2,000 per sq ft.

3-bedroom apartments in Luxury Canal Residences

There are about 11 of these in Luxury Canal Residences, from 1,680 to 4,430 sq ft. None has sold recently enough to quote a price.

Unit types in Luxury Canal Residences with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
1 Bed30810 sqft75.3 sqmt – 830 sqft77.1 sqmtAED 1.7M–
2 Beds321,200 sqft111.5 sqmt – 1,240 sqft115.2 sqmtAED 2.4M–
3 Beds111,680 sqft156.1 sqmt – 4,430 sqft411.6 sqmtНедавних продаж нет–

Recent transactions in Luxury Canal Residences

  • Luxury Canal Residences

    Дубайские острова

    AED 3M

    AED 2,402 /sqftAED 25,855 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,244 sqft115.6 sqmt2 BedsВладелец7 May 2026
  • Luxury Canal Residences

    Дубайские острова

    AED 1.8M

    AED 2,200 /sqftAED 23,681 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер29 Jan 2026
  • Luxury Canal Residences

    Дубайские острова

    AED 1.6M

    AED 1,941 /sqftAED 20,893 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер17 Dec 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.3M

    AED 1,941 /sqftAED 20,893 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,200 sqft111.5 sqmt2 BedsДевелопер21 Nov 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.4M

    AED 2,000 /sqftAED 21,528 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,200 sqft111.5 sqmt2 BedsДевелопер10 Nov 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 1.8M

    AED 2,169 /sqftAED 23,347 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер24 Oct 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2M

    AED 2,412 /sqftAED 25,963 /sqmt

    Недвижимость на стадии строительстваКвартира
    810 sqft75.3 sqmt1 BedДевелопер24 Oct 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.4M

    AED 2,025 /sqftAED 21,797 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,200 sqft111.5 sqmt2 BedsДевелопер16 Oct 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 1.7M

    AED 2,096 /sqftAED 22,561 /sqmt

    Недвижимость на стадии строительстваКвартира
    810 sqft75.3 sqmt1 BedДевелопер15 Oct 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.5M

    AED 2,002 /sqftAED 21,549 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,244 sqft115.6 sqmt2 BedsДевелопер15 Oct 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.7M

    AED 2,272 /sqftAED 24,456 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,200 sqft111.5 sqmt2 BedsДевелопер15 Oct 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 1.5M

    AED 1,874 /sqftAED 20,172 /sqmt

    Недвижимость на стадии строительстваКвартира
    810 sqft75.3 sqmt1 BedДевелопер11 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 1.7M

    AED 2,001 /sqftAED 21,539 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер10 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.4M

    AED 2,001 /sqftAED 21,539 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,200 sqft111.5 sqmt2 BedsДевелопер10 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.5M

    AED 2,000 /sqftAED 21,528 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,244 sqft115.6 sqmt2 BedsДевелопер10 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.5M

    AED 1,999 /sqftAED 21,517 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,244 sqft115.6 sqmt2 BedsДевелопер10 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 1.7M

    AED 2,001 /sqftAED 21,539 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер10 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 1.7M

    AED 2,001 /sqftAED 21,539 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер10 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2M

    AED 2,410 /sqftAED 25,941 /sqmt

    Недвижимость на стадии строительстваКвартира
    830 sqft77.1 sqmt1 BedДевелопер4 Sept 2025
  • Luxury Canal Residences

    Дубайские острова

    AED 2.4M

    AED 1,940 /sqftAED 20,882 /sqmt

    Недвижимость на стадии строительстваКвартира
    1,244 sqft115.6 sqmt2 BedsДевелопер4 Sept 2025

Every sale in Luxury Canal ResidencesEvery rent contract in Luxury Canal Residences

Luxury Canal Residences payment plan

How the developer's price is paid, in the order each instalment falls due.

  1. 1.Down Payment20%
  2. 2.During Construction10%
  3. 3.During Construction5%
  4. 4.During Construction5%
  5. 5.During Construction5%
  6. 6.During Construction5%
  7. 7.During Construction5%
  8. 8.During Construction5%
  9. 9.During Construction5%
  10. 10.On Handover35%

Luxury Canal Residences floor plans

  • Luxury Canal Residences 1 bedroom Type 202 floor plan

    1 bedroom, Type 202

    807 sqft75 sqmt

  • Luxury Canal Residences 1 bedroom Type 203 floor plan

    1 bedroom, Type 203

    807 sqft75 sqmt

  • Luxury Canal Residences 1 bedroom Type 302 floor plan

    1 bedroom, Type 302

    829 sqft77 sqmt

  • Luxury Canal Residences 2 bedrooms Type 201 floor plan

    2 bedrooms, Type 201

    1,195 sqft111 sqmt

  • Luxury Canal Residences 2 bedrooms Type 204 floor plan

    2 bedrooms, Type 204

    1,195 sqft111 sqmt

  • Luxury Canal Residences 2 bedrooms Type 205 floor plan

    2 bedrooms, Type 205

    1,249 sqft116 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1001 floor plan

    3 bedrooms, Type 1001

    2,002 sqft186 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1003 floor plan

    3 bedrooms, Type 1003

    2,034 sqft189 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1004 floor plan

    3 bedrooms, Type 1004

    2,024 sqft188 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1101 floor plan

    3 bedrooms, Type 1101

    2,045 sqft190 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1103 floor plan

    3 bedrooms, Type 1103

    1,927 sqft179 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1104 floor plan

    3 bedrooms, Type 1104

    1,916 sqft178 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1201 floor plan

    3 bedrooms, Type 1201

    4,424 sqft411 sqmt

  • Luxury Canal Residences 3 bedrooms Type 1201-B floor plan

    3 bedrooms, Type 1201-B

    4,435 sqft412 sqmt

Nearby amenities

Around Luxury Canal Residences

Transportation near Luxury Canal Residences

The nearest Dubai Metro station from Luxury Canal Residences is Palm Deira (green line, 1.8 km, about 6 min drive), then Baniyas Square (green line, 2.4 km, about 7 min drive). Stations planned on new lines nearby include Al Ghubaiba Interchange (golden line, 3.5 km, about 9 min drive) and Al Mina Street (golden line, 5.6 km, about 13 min drive). Most residents will drive or take a taxi to the metro.

  • Palm DeiraGreen line · 1.8 km · about 6 min drive
  • Baniyas SquareGreen line · 2.4 km · about 7 min drive
  • Salah Al DinGreen line · 2.6 km · about 7 min drive
  • UnionRed line · 2.7 km · about 7 min drive
  • UnionGreen line · 2.7 km · about 7 min drive
  • Al RasGreen line · 2.8 km · about 8 min drive

Shopping and groceries near Luxury Canal Residences

The closest is Al Nakheel Centre, 1.9 km from Luxury Canal Residences (about 6 min drive).

  • Al Nakheel CentreShopping Mall · 1.9 km · about 6 min drive
  • The WalkShopping Mall · 2.1 km · about 6 min drive
  • West Zone / Bin Salah Building, Al Muteena, Deira, DubaiSupermarket · 2.2 km · about 6 min drive
  • Al Maya / Nasser Square, Baniyas StreetSupermarket · 2.4 km · about 7 min drive
  • Spinneys / Al Ghurair CenterSupermarket · 2.6 km · about 7 min drive

Restaurants and hotels near Luxury Canal Residences

The closest is Al Shamal Hotel, 1 km from Luxury Canal Residences (about 12 min walk).

  • Al Shamal HotelHotel · 1 km · about 12 min walk
  • Florida HotelHotel · 1.1 km · about 13 min walk
  • Habtoor Grand Beach Resort & SpaHotel · 1.4 km · about 5 min drive
  • Lotus Grand Hotel ApartmentsHotel · 1.4 km · about 5 min drive
  • Sheraton Dubai Creek Hotel & TowersHotel · 1.6 km · about 5 min drive

Hospitals and clinics near Luxury Canal Residences

The closest is Belhoul Speciality Hospital, 1.2 km from Luxury Canal Residences (about 14 min walk).

  • Belhoul Speciality HospitalHospital · 1.2 km · about 14 min walk
  • Al Baraha HospitalHospital · 1.3 km · about 5 min drive
  • Dubai HospitalHospital · 1.5 km · about 5 min drive
  • Al Maktoum HospitalHospital · 2.3 km · about 7 min drive
  • Ghodousi Medical CenterHospital · 2.4 km · about 7 min drive

Parks and leisure near Luxury Canal Residences

The closest is Creekside Park, 3 km from Luxury Canal Residences (about 8 min drive).

  • Creekside ParkPark · 3 km · about 8 min drive
  • Zabeel ParkPark · 5.9 km · about 14 min drive

Schools near Luxury Canal Residences

The nearest is Little Flower English School, 2.9 km away. Ratings are the KHDA's latest inspection grades.

  • Little Flower English SchoolIndian · KHDA: Acceptable · 2.9 km
  • Himayah Kindergarten For Education- KaramaMinistry of Education · KHDA: Good · 3.1 km
  • ELITE ENGLISH SCHOOL L.L.CIndian · KHDA: Acceptable · 3.2 km
  • Sabari Indian School L.L.CIndian · KHDA: Good · 3.3 km
  • Himayah School For Education Boys - Diera (Abu Hail)Ministry of Education · KHDA: Acceptable · 3.6 km
  • Al Ittihad Private SchoolAmerican · KHDA: Good · 3.8 km

Things to consider about Luxury Canal Residences

In its favour

  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 1.8 km away, so a car helps.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

Specialists

Brokers who know Luxury Canal Residences

These brokers handle sales and lettings in Luxury Canal Residences and can tell you what is available now.

Часто задаваемые вопросы

Luxury Canal Residences: questions answered

Luxury Canal Residences was developed by Prestige One in Dubai Islands.

Luxury Canal Residences is due for handover in 30 Nov 2027, 29% built.

Across its 20 most recent registered sales, Luxury Canal Residences sold for a median of AED 2,001 per sq ft and AED 2.2M per unit.

Luxury Canal Residences has 1 Bed (810 to 830 sq ft), 2 Beds (1,200 to 1,240 sq ft), 3 Beds (1,680 to 4,430 sq ft).

Palm Deira is about 1.8 km from Luxury Canal Residences.

The nearest schools include Little Flower English School (2.9 km), Himayah Kindergarten For Education- Karama (3.1 km), ELITE ENGLISH SCHOOL L.L.C (3.2 km).

Buying, selling or renting in Luxury Canal Residences?

A broker who works Dubai Islands will tell you what is available and what comparable homes went for.

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