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Luxury Canal Residences

Dubai,Dubai Islands,Luxury Canal Residences

Launch Price2M
Payment plan
20%Down paymentAt sales launch
45%During construction8 Installments
35%On handover
Development journey
Construction BeginJuly 2, 2025
Estimated CompletionJanuary 1, 2028

Luxury Canal Residences

Luxury Canal Residences, developed by Prestige Harbour Real Estate, is a waterfront residential address on Dubai Islands. The 16-storey development comprises thoughtfully planned apartments and penthouses, pairing contemporary design with canal-side surroundings. Residents can enjoy expansive outlooks, premium finishes and a community setting shaped around nature, elegance and modern conveniences. The project reflects Dubai’s continued focus on urban development and sustainability.

Prime Location

Located on Dubai Islands, formerly known as Deira Islands, Luxury Canal Residences offers a balance of peaceful waterfront living and city access. The setting provides lake views while placing commercial, cultural and leisure destinations within convenient reach.

  • Minutes from Dubai International Airport
  • Near Deira Mall and Night Souk
  • Convenient access to Dubai Creek Harbour and heritage attractions
  • Surrounded by beaches, marinas and waterfront promenades

Luxury Canal Residences masterplan

Luxury Canal Residences masterplan

Luxury Canal Residences is a 16-storey waterfront development within the wider Dubai Islands masterplan. Developed by Prestige Harbour Real Estate, the project comprises 1- to 3-bedroom apartments and penthouses, designed with high-end finishes and canal views.

Set beside a scenic canal and surrounded by natural landscapes, the community combines a calm waterfront environment with access to key Dubai destinations. Deira Mall, Dubai Creek Harbour, cultural districts, commercial areas and heritage attractions are within easy reach.

As part of Dubai Islands, Luxury Canal Residences contributes to the area’s coastal residential offering, bringing together modern homes, canal-side surroundings and connectivity to established parts of Dubai.

Project Location

LocationDubai,Dubai Islands,Luxury Canal Residences
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Location & Nearby Attractions

Dubai,Dubai Islands,Beach Walk Residences,Beach Walk Residences 4
Luxury Canal Residences is an upcoming waterfront gem by Prestige Harbour Real Estate, located in the heart of the iconic Dubai Islands. Blending architectural brilliance with serene canal-front living, the project introduces a modern and luxurious residential concept that redefines sophistication. With 16 stories of carefully designed apartments, residents will experience a unique lifestyle surrounded by nature, elegance, and futuristic conveniences. The development reflects Dubai’s bold vision of urban growth and sustainability, offering expansive views, premium finishes, and an unmatched community atmosphere.
Minutes from Dubai International Airport
Close proximity to Deira Mall and Night Souk
Easy access to Dubai Creek Harbour and heritage attractions
Surrounded by beaches, marinas, and waterfront promenades

Amenities

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area

Available Unit Types

Apartment

1 Bed From 2M 809-830 sqft 2 Baths
Unit Floor Plans1 Bed layouts
3 layouts
2 Beds From 2.8M 1200-1244 sqft 3 Baths
Unit Floor Plans2 Beds layouts
3 layouts
3 Beds From 3.8M 1919-2047 sqft 4 Baths

Penthouse

3 Beds From TypeAEDArea (sqft)Date sold 4427-4430 sqft 5 Baths
Unit Floor Plans3 Beds layouts
2 layouts

Frequently Asked Questions

What is the location of Luxury Canal Residences?

Luxury Canal Residences is situated on Dubai Islands, within Dubai’s waterfront development in the UAE.

What is the expected handover date for Luxury Canal Residences?

Luxury Canal Residences is due for handover in January 2028, giving purchasers and investors a clear timeframe for occupancy or investment planning.

Does Luxury Canal Residences offer good investment potential?

Luxury Canal Residences presents a compelling investment opportunity on Dubai Islands, with access to beaches, marinas and waterfront promenades near key commercial and cultural destinations. The 16-storey project offers smart-home apartments and penthouses with floor-to-ceiling windows and premium finishes, alongside pools, a fitness centre, spa, landscaped gardens, children’s play areas and a panoramic rooftop lounge. Starting from AED 2 million and scheduled for January 2028 handover, it combines a prime setting with a luxury lifestyle and long-term value.

What is the entry price for a home at Luxury Canal Residences?

Homes at Luxury Canal Residences start from AED 1,954,000.

Which developer is behind Luxury Canal Residences?

Luxury Canal Residences is developed by Prestige One Developments, a well-known developer of premium residential and commercial projects.

Are residences at Luxury Canal Residences freehold?

Yes. Luxury Canal Residences offers freehold ownership, with unrestricted ownership duration and transferability.

Which residence types are available at Luxury Canal Residences?

Luxury Canal Residences features 1, 2 and 3-bedroom apartments, plus exclusive 3-bedroom penthouses. One-bedroom apartments start from AED 1,954,000 and span 809 to 830 sq. ft. Two-bedroom homes start from AED 2,792,000, with sizes from 1,200 to 1,244 sq. ft. Three-bedroom apartments start from AED 3,837,000 and range from 1,919 to 2,047 sq. ft. The 3-bedroom penthouses measure 4,427 to 4,430 sq. ft. Residences include modern finishes, smart home features and canal or skyline views.

How is the payment plan structured for Luxury Canal Residences?

The payment plan is split into 20% at sales launch, 45% during construction across 8 instalments, and the remaining 35% upon handover. This 20/45/35 structure allows buyers to spread a significant portion of payments throughout the construction period.