Prestige One Developments · Dubai Islands · Dubai · United Arab Emirates
Luxury Canal Residences
Availability and pricing checked 8 Oct 2026 — this catalogue refreshes daily. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole.
The essentials
- Available now from
- AED 2,691,000
- Available up to
- AED 9,476,000
- Layouts on offer
- 2 – 3 bed
- Available sizes
- 1,201 – 4,430 sqft (112 – 412 sqm)
- Service charge
- 16–18 AED/sqftCharged once a year — about AED 19,216 – AED 21,618 on the smallest published layout, 1,201 sqft
- Status
- under construction
- Construction started
- July 2025
- Build progress
- 18% complete
- Furnishing
- semi furnished
- Handover
- Q1 2028
- Buildings releasing now
- 1
- Escrow account
- Registered
Luxury Canal Residences is being built as apartments and penthouses, in 2 – 3 bed layouts.
Payment plan
20 / 45 / 35AED 538,200 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about AED 50,456 a month to handover.
Live availability
6 homes are still unsold — see the price list.
Get the developer’s own price list — unit number, floor, exact size, price and price per square foot for every one.
Arrives in about a minute. No phone call unless you ask for one.
Live availability
| Unit | Floor | Beds | Size | Price | Per sqft |
|---|
Availability moves daily. An advisor will confirm and can place a hold on your behalf.
What does your budget buy here?
Set a figure and we will match it against what is still available in this project.
Off-plan mortgages are arranged at handover, against the completed home.
The service charge starts at handover, not at purchase, and the first year is usually pro-rated from the day you collect the keys. In Dubai the budget behind it is filed with the Mollak system each year, so the rate is reviewed once the building is occupied and can move from the launch figure.
You will get the unit number, floor, size and exact price for each — not the whole building.
About this project
Prestige One Developments
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, sophisticated finishes, and floor-to-ceiling windows invite natural light and frame soothing water views, creating a calming ambiance. Serene design elements, warm tones, and contemporary elegance allow residents to enjoy a sanctuary that nurtures well-being and harmony at every turn.
Location description and benefits
This prestigious development is situated on Dubai Islands, a magnificent group of islands located to the north of the city that offers diverse island living and a vacation-inspired lifestyle. The area features an array of luxury resort offerings, village centres with services and entertainment, elite wellness and sports venues, beautiful beaches for water sports, and vibrant green spaces for outdoor leisure pursuits. The islands offer stunning waterfront homes and hotels in an idyllic setting that connects sandy shores, inviting water edges, and world-class amenities to the mainland via a striking bridge.
The contemporary landscaped residential development boasts beautiful residences of apartment and villa typologies, an on-site luxury hotel, and an extensive array of enviable amenities dedicated to residence owners, including stunning pools, lush green garden terraces, and a pristine beachfront. Residents enjoy a world of wellness activities and water sports combined with the services of an exclusive luxury resort in a friendly resort-style neighborhood. The area's strategic location ensures seamless access to the rest of the city.
The location offers the perfect blend of island tranquility and urban accessibility, allowing residents to enjoy a vacation-inspired lifestyle while remaining connected to Dubai's vibrant urban centers. The area's commitment to luxury living, natural beauty, and world-class amenities makes it a premier destination for discerning residents. This distinguished location represents the perfect combination of waterfront serenity, resort-style living, and urban convenience, offering an unmatched lifestyle in one of Dubai's most exclusive island destinations.
Layouts
19
2 bed
1,201 sqft
112 sqm
AED 2,653,000
1,244 sqft
116 sqm
AED 2,683,000
1,200 sqft
112 sqm
AED 2,786,000
1,200 sqft
112 sqm
AED 3,211,000
1,244 sqft
116 sqm
AED 2,721,000
1,244 sqft
116 sqm
AED 2,816,000
1,201 sqft
112 sqm
AED 2,691,000
1,244 sqft
116 sqm
AED 2,797,000
3 bed
2,007 sqft
186 sqm
AED 4,616,000
2,039 sqft
189 sqm
AED 3,977,000
2,047 sqft
190 sqm
AED 4,690,000
2,009 sqft
187 sqm
AED 3,917,000
2,049 sqft
190 sqm
AED 4,025,000
1,919 sqft
178 sqm
AED 4,658,000
1,677 sqft
156 sqm
AED 3,500,000
1,930 sqft
179 sqm
AED 3,795,000
2,028 sqft
188 sqm
AED 4,647,000
4,427 sqft
411 sqm
AED 10,094,000
4,430 sqft
412 sqm
AED 9,476,000
Amenities
15
Bbq Terrace
Outdoor Cinema
Walk Path
Water Garden & Splash Adventure Zone
Prestige Spa
Infinity Pool
Sun Deck
Prestige Wellness Area
Library Lounge
Miniature Golf Course
Sport Courts
Jacuzzi
Children'S Adventure Park & Play Room
Prestige Clubhouse
Outdoor Gym & Fitness Center
What’s nearby
6
Gallery
12
Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for Luxury Canal Residences?
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Payment Plan: 20% on booking, 45% during construction and 35% on handover.
How much is the booking amount for Luxury Canal Residences?
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20% of the purchase price falls due on booking — from AED 538,200 on the lowest-priced home. A bank or a broker may call the same figure the reservation deposit or the down payment; it is one and the same first instalment, and it is paid to the developer rather than to us.
When does Luxury Canal Residences hand over?
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Handover is scheduled for Q1 2028. Construction is 17.71% complete.
What do homes in Luxury Canal Residences cost?
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Homes currently available start from AED 2,691,000 and range up to AED 9,476,000 for 2 – 3 bed homes. These are the prices of the homes released for sale through our live feed today, not the launch prices — earlier and cheaper releases may have sold out.
How much does each bedroom size cost at Luxury Canal Residences?
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Published starting prices by layout are 2 bed from AED 2,653,000; 3 bed from AED 3,500,000. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.
Is there a price list for Luxury Canal Residences?
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Yes. Ask for it on this page and the developer’s own price list is emailed to you — unit number, floor, exact size, price and price per square foot for every home still available. 6 homes were unsold at the last check on 8 Oct 2026.
Who is the developer of Luxury Canal Residences?
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Luxury Canal Residences is developed by Prestige One Developments in Dubai Islands · Dubai · United Arab Emirates.
What is the service charge at Luxury Canal Residences?
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The published service charge at Luxury Canal Residences is 16–18 AED/sqft, billed once a year. On the smallest published layout, 1,201 sqft, that is roughly AED 19,216 – AED 21,618 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.
Is my money protected when buying off-plan at Luxury Canal Residences?
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Prestige One Developments has registered an escrow account for Luxury Canal Residences. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.
Does buying in Luxury Canal Residences qualify for a UAE Golden Visa?
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With homes currently available from AED 2,691,000, homes here meet the AED 2,000,000 property investment threshold for the 10-year Golden Visa. Since February 2026, off-plan and mortgaged purchases can qualify on a certified valuation — our advisors can confirm eligibility for a specific unit.
How the money actually moves — escrow, the 65/35 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.
Every other off-plan project selling above the AED 2,000,000 threshold: Golden Visa property in the UAE. What actually qualifies, and how Dubai and Abu Dhabi differ: our Golden Visa guide.
Luxury Canal Residences vs Edgewater Residences 1, 2 and 3
The closest live alternative we hold. Both are still selling, so the two sets of terms can be weighed against each other rather than against a memory.
- Available from
- AED 2,691,000
- AED 2,178,736
- Layouts on offer
- 2 – 3 bed
- 1 – 3 bed
- Handover
- Q1 2028
- Q4 2026
- District
- Dubai Islands
- Dubai Islands
- Developer
- Prestige One Developments
- MGS-Development
- Payment plan
- 20 / 45 / 35
- 10 / 30 / 60
Figures are the developers' own published terms, checked 8 Oct 2026. A dash means the developer has not published that detail yet — an advisor can ask.
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