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Luxury Canal Residences

Dubai Islands, Dubai by Prestige One Developments Handover Q1 2028

Luxury Canal Residences is an off-plan apartments development by Prestige One Developments in Dubai Islands, with homes from AED 2,792,000 on a 65/35 payment plan and handover expected in Q1 2028. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 2,792,000

Overview

Apartments in Dubai Islands.

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.

Details

Key facts.

Area
Dubai Islands, Dubai
City
Dubai
Starting price
AED 2,792,000
Status
Off-plan
Handover
Q1 2028
Property types
Apartment
Unit types
2–3 BR
Payment plan
65/35
Golden Visa
Priced from AED 2M

Amenities

Life in and around the building.

  • Children's Pool
  • Shared Gym
  • Balcony
  • Security
  • Children's Play Area
  • Covered Parking
  • Lobby in Building
  • Shared Pool
  • View of Water
  • View of Landmark

Payment plan

65/35, paid in 3 steps.

65% before handover35% on handover
  1. 120%Down paymentOn booking
  2. 245%Construction instalmentsDuring construction
  3. 335%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%558,400
Construction instalmentsDuring construction45%1,256,400
Handover paymentOn handover35%977,200
Total100%2,792,000

*Worked example on the starting price of AED 2,792,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
2 bedrooms1200
Unit typeSize (sq ft)
3 bedrooms2007

Location

In Dubai Islands.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 2,792,000
Paid before handover
AED 1,814,800 (65%)
Due on handover
AED 977,200 (35%)
DLD registration (4%)
AED 111,680 verify
Golden Visa threshold
From-price is AED 2M or more

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About Prestige One Developments.

Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Luxury Canal Residences?

Homes at Luxury Canal Residences start from AED 2,792,000 for 2-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Luxury Canal Residences?

Prestige One Developments offers a 65/35 payment plan: 65% during construction and 35% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Luxury Canal Residences?

Handover is expected in Q1 2028. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Luxury Canal Residences?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Luxury Canal Residences qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Luxury Canal Residences?

Luxury Canal Residences is developed by Prestige One Developments. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Luxury Canal Residences?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Luxury Canal Residences.

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