Dubai · Dubai Islands · Off-Plan · Under construction

Luxury Canal Residences

By Prestige One · Apartments · Updated 07 Sep 2026

Luxury Canal Residences by Prestige One, Dubai Islands
Luxury Canal Residences is a 2 – 3 bed apartments launch by Prestige One in Dubai Islands, Dubai, priced from AED 2,792,000 to AED 4,616,000, units of 1,200–2,007 sqft, handover Q4 2027. Entry pricing works out near AED 2,326/sqft versus a registered Dubai Islands average of AED 2,828/sqft in 2026.
FromAED 2.79M
ToAED 4.62M
Bedrooms2 – 3 bed
Sizes1,200–2,007 sqft
HandoverQ4 2027
Units2
Entry AED/sqft2,326
DLD avg /sqft2,828

About Luxury Canal Residences

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.

Inside, each home is crafted to reflect understated luxury and comfort. Spacious layouts, sophisticated finishes, and floor-to-ceiling windows invite natural light and frame soothing water views, creating a calming ambiance. The interiors are complemented by serene design elements, warm tones, and contemporary elegance, allowing residents to enjoy a sanctuary that nurtures well-being and harmony at every turn.

Luxury Canal Residences also offers a comprehensive array of lifestyle-enhancing amenities spread across the ground and podium levels. From an infinity pool, spa, and wellness area to sports courts, a miniature golf course, outdoor cinema, and children’s adventure park, every detail is designed to enrich the everyday experience. Whether unwinding in the Prestige Owners’ Lounge or enjoying the canal promenade, residents are immersed in a community that celebrates leisure, luxury, and meaningful living.

Finishing and materials

Modern finishing with high-quality materials.

Kitchen and appliances

Equipped kitchen.

Furnishing

No.

Location description and benefits

Dubai Islands offers diverse island living and a vacation-inspired lifestyle, an array of luxury resort offerings, village centres with services and entertainment, elite wellness & sports venues, beautiful beaches for water sports, and vibrant green spaces for outdoor leisure pursuits.

A magnificent group of five islands located to the north of the city, Dubai Islands offers over 50km of stunning waterfront homes and hotels in an idyllic setting that connects sandy shores, inviting water edges and world-class amenities to the mainland via the striking Infinity Bridge.

This contemporary landscaped residential development boasts beautiful Residences of apartment and villa typologies, an on-site Rixos hotel, and an extensive array of enviable amenities dedicated to the Residence owners, including stunning pools, lush green garden terraces, and a pristine beachfront. Residents will enjoy a world of wellness activities and water sports combined with the services of the all- exclusive Rixos in a friendly resort- style neighbourhood.

Developer-supplied project description; verify specifications against the SPA and RERA-registered brochure.

Location: Dubai Islands

Luxury Canal Residences sits in Dubai Islands, Dubai. The Dubai Land Department has registered 3,438 sales in Dubai Islands so far in 2026 at an average of AED 2,828 per sqft, which is the benchmark to hold this launch against. See every project currently selling in Dubai Islands.

Sector: Palm Deira · Open in Google Maps

Construction & payment

Construction start: 2025-07-01. Scheduled completion: 2028-03-31. Typical off-plan plans in this segment are 60/40 or 70/30 construction-linked, with a 10–20% booking amount and 4% registration fee. Ask us for the current plan on this project, including any post-handover option. Full cost breakdown: DLD fees guide.

More from Prestige One

Prestige One developer scorecard →

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Buyer questions

How much does Luxury Canal Residences cost?

Launch pricing starts at AED 2,792,000 and runs to about AED 4,616,000 for 2 – 3 bed apartments of 1,200–2,007 sqft. That is roughly AED 2,326 per sqft at entry, against a Dubai Land Department registered average of AED 2,828 per sqft across 3,438 sales in Dubai Islands this year.

When is Luxury Canal Residences handing over?

The developer's stated completion is Q4 2027. Status: under construction. Off-plan instalments are construction-linked and paid into a regulated escrow account, so your money is released to the developer only as build milestones are certified.

Can foreigners buy in Luxury Canal Residences?

Yes. Dubai Islands is a designated freehold zone in Dubai; buyers of any nationality can hold full title registered at the Dubai Land Department. A purchase of AED 2 million or more also qualifies for the 10-year UAE Golden Visa.

Who is the developer of Luxury Canal Residences?

Prestige One. They currently have 11 other projects on sale that we track. Check their delivery record and RERA registration on our developer scorecard before paying a booking deposit.

Check live availability in Luxury Canal Residences

Floor plans, payment schedule and registration costs, same day. RERA 41793.

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