Developer Deal
From
AED 1,275,000
Handover
Q1 2028
Payment Plan
65/70
Down Payment
20%
Back to Developer DealsDeveloperPrestige One DevelopmentsView developer profile
Luxury Canal Residences
Dubai Islands, Dubai, UAE
DeveloperPrestige One DevelopmentsView developer profileDLD Waiver
—
Discount
—
Handover
Q1 2028
Post Handover
—
Payment Plan
55%
45%
20% down
About Luxury Canal Residences
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 …
Floor Plans
Project documents
Brochures
Floor plans
Master plans
Payment schedule
20/35/45 Payment Plan
- Deposit
- 20%
- During construction
- 35%
- On handover
- 45%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Dubai Islands
Median sale price/sqft
AED 1,934/sqft-15.6%
Median sale price
AED 3,615,392
Gross rental yield
0.8%
Median annual rent
AED 29,791
Median price/sqft over time
Jan 24Range AED 1,423 – AED 2,567Dec 24
Community activity
LiquidityStrongPrice momentumFalling
1,922 sales and 18 rentals in the last 12 months
Primary vs resale
Primary 63%Resale 37%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-30 | Azura Residences | 1 | 847 sqft | AED 1,669,858 | 1,971 |
| 2024-12-30 | Haven Bay | 2 | 1,252 sqft | AED 2,614,000 | 2,087 |
| 2024-12-30 | Bay Villas | 4 | 5,541 sqft | AED 10,200,000 | 1,841 |
| 2024-12-30 | Dubai Islands | — | 33,153 sqft | AED 28,500,000 | 860 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Luxury Canal Residences
Our team will send you the complete payment schedule, floor plans and current offer from Prestige One Developments.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Luxury Canal Residences
- What is the handover date for Luxury Canal Residences?
- Luxury Canal Residences is scheduled for handover in Q1 2028.
- What is the starting price of Luxury Canal Residences?
- Prices start from AED 2,792,000. Contact our team for current availability.
- Who is the developer of Luxury Canal Residences?
- Luxury Canal Residences is being developed by Prestige One Developments.
- Where is Luxury Canal Residences located?
- Luxury Canal Residences is located in Dubai Islands, Dubai, UAE.