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Overview
Luxury Canal Residences: 1–3 bedroom apartments and penthouses in Dubai Islands.
Luxury Canal Residences offers 1–3 bedroom apartments and penthouses in Dubai Islands. Project features: a waterfront setting. Published delivery target: November 2027.
Compare the selected floor plan, usable indoor space and service charges. Obtain the latest unit quotation and construction update; the payment calendar and handover commitments should match the signed sale agreement.
This page stays useful as a benchmark for the area, the developer and the project’s original price positioning.
Project fully sold out
For currently available options, compare nearby launches or ask for an updated shortlist in the same area or price range.
Project snapshot
Updated: Oct 9, 2026
Unit types
1–3 bedroom apartments and penthouses
Area
Dubai Islands
Developer
Prestige One Developments
Project type
Off-plan
Status
Sold out
Handover
November 2027
From price
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Project information sources
Sources checked: 2026-10-09
Published project information can differ from the terms of an available unit. Confirm the written price, current availability, payment schedule and contractual handover date for the unit you select.
Location
Luxury Canal Residences is located in Dubai Islands, developed by Prestige One Developments.
Compare access, nearby services and the local setting with your intended use. The links below help you explore further.
Continue exploring this opportunity
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5 next steps
Developer view
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See how this opportunity sits inside the developer pipeline, with a different mix of areas, ticket sizes and handover timing.
Payment logic
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Use this bucket when instalment rhythm matters as much as location: booking weight, construction cadence, handover balance and post-handover exposure.
Delivery horizon
3
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Useful when the timing of cashflow, completion and market entry matters more than the exact community match.
Investor reading
3
Guides to keep open before enquiring
Keep one practical reference open for DLD fees, Oqood, developer selection, ROI framing or exit strategy.
Investor guide
Estimating your rental yield
A conversion-driven ROI guide for Dubai (off-plan): how to estimate realistic net yield and improve it with the right strategy…
Investor guide
Planning for DLD and purchase fees
Everything about Dubai Land Department (DLD) fees: the 4% transfer/registration, trustee office costs, Oqood (off-plan), title deed…
Investor guide
Understanding Oqood registration
Oqood is the DLD provisional registration for off-plan properties in Dubai. Here’s the complete guide: what it is, steps…
FAQ
What is the starting price for Luxury Canal Residences?
A public starting price is not displayed on this page yet. We can share the latest launch price list and the units that are currently open.
When is handover for Luxury Canal Residences?
The page currently frames handover around November 2027. As with any off-plan launch, the final timeline should be checked against the latest developer documents and the SPA.
What payment plan is shown for Luxury Canal Residences?
The page shows 3 payment milestones with a quick read of 20% / 45% / 35%. The contractual schedule and SPA milestones remain the final point of reference.
Where is Luxury Canal Residences located?
Luxury Canal Residences is located in Dubai Islands, within the current offer of Prestige One Developments. The area guide and comparable launches shown on this page help you benchmark fit, demand and surrounding competition.
Is Luxury Canal Residences still available?
No. The project is shown as fully sold out. The page stays live so you can still compare the area, the developer and the original positioning against launches that are still available today.