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Luxury Canal Residences
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Luxury Canal Residences

Prestige Harbour Real Estate
Starting from
1.95M AED
Handover
Q1 2028
Stage
Under construction
Payment Plan
20/45/35
Property Type
Apartment, Penthouse
Price per sqft
AED 2,247
12% below area avg

Floor Plans & Unit Types

1 Bedroom
809-830 sqft
2 Bathrooms
from 1.95M AED
Ask about this layout
2 Bedrooms
1,200-1,244 sqft
3 Bathrooms
from 2.79M AED
Ask about this layout
Plan on request
3 Bedrooms
1,919-4,430 sqft
4 Bathrooms
from 3.84M AED
Ask about this layout

How much you pay, and when

20%
Booking
now
45%
Construction
5 quarters
35%
Handover
Q1 2028
Amounts for each layout · 3
  • 1 Bedroom

    809-830 sqft

    from AED 1.95M

    AED 2,415 per sqft

    Booking

    AED 391K

    Construction

    AED 879K

    5 × AED 176K

    Handover

    AED 684K

    Ask
  • 2 Bedrooms

    1,200-1,244 sqft

    from AED 2.79M

    AED 2,327 per sqft

    Booking

    AED 558K

    Construction

    AED 1.26M

    5 × AED 251K

    Handover

    AED 977K

    Ask
  • 3 Bedrooms

    1,919-4,430 sqft

    from AED 3.84M

    AED 1,999 per sqft

    Booking

    AED 767K

    Construction

    AED 1.73M

    5 × AED 345K

    Handover

    AED 1.34M

    Ask

Payment schedule by quarter

On the cheapest layout (1 bed from AED 1,954,000): what leaves your account and when. By handover you will have paid AED 1,270,100, with the rest due on keys.

WhenPaymentPaid to dateLeft to payShare of the flat
Q1 2027AED 175,860AED 566,660AED 1,387,34029%
Q2 2027AED 175,860AED 742,520AED 1,211,48038%
Q3 2027AED 175,860AED 918,380AED 1,035,62047%
Q4 2027AED 175,860AED 1,094,240AED 859,76056%
Q1 2028AED 175,860AED 1,270,100AED 683,90065%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

Location & Nearby Places

Google Maps

Compared with the area

Price per sqft
-12%
AED 2,247 per sqft - 12% below the Dubai Islands average of AED 2,558.
Entry price
83 of 136
The entry price is lower than for 83 of the 136 projects in Dubai Islands in our catalogue.
Handover
2028
Handover is earlier than for most projects in the area. Projects in Dubai Islands hand over between 2026 and 2031.
Payment plan
20/45/35
The usual payment plan for Prestige Harbour Real Estate: it applies to most of the developer's 2 projects in our catalogue.
Smallest unit
809 sqft
In line with the typical smallest unit in Dubai Islands (837 sqft).

Calculated across the 136 projects we track in Dubai Islands. Figures come from our own catalogue, not from a market index.

Amenities

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

About Luxury Canal Residences

Introducing Luxury Canal Residences, an off-plan development by Prestige Harbour Real Estate in Dubai Islands, Dubai.

Buyers can choose from 1, 2 and 3-bedroom apartments, with starting prices from AED 2.0M. Handover is scheduled for Q1 2028 with a 20%/45%/35% payment plan.

Amenities at Luxury Canal Residences include Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium. The project is ideal for both end-users and investors looking at Dubai's off-plan market.

About the developer

Prestige Harbour Real Estate

About the area

Dubai Islands

Nakheel's next-generation waterfront destination - 5 manmade islands off Deira with gross yields 7.5-10% and projected capital growth of 20-35% over 3-5 years.

New projects
144
Prices from
AED 1.2M
Deals a year (DLD)
5,051
AED per sqft in deals
2,748

Price per sqft by year, AED

2,511
2023
2,134
2024
2,417
2025
2,840
2026

Frequently Asked Questions

What is the starting price of Luxury Canal Residences?
Luxury Canal Residences by Prestige Harbour Real Estate offers apartment in Dubai Islands, Dubai starting from AED 2.0M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.
What is the payment plan for Luxury Canal Residences?
Luxury Canal Residences offers a flexible off-plan payment plan: 20% down payment, 45% 8 installments, 35% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.
When is the handover date for Luxury Canal Residences?
Luxury Canal Residences is scheduled for handover in Q1 2028. Prestige Harbour Real Estate is one of Dubai's leading developers with a strong track record of on-time delivery.
What types of units are available at Luxury Canal Residences?
Luxury Canal Residences features 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments in Dubai Islands, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.
Where is Luxury Canal Residences located in Dubai?
Luxury Canal Residences is situated in Dubai Islands, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.
Is Luxury Canal Residences available for foreign buyers?
Yes. Luxury Canal Residences is a freehold development in Dubai Islands, Dubai, which means it is open for purchase by non-UAE nationals and foreign investors with 100% ownership rights.
What amenities does Luxury Canal Residences offer?
Luxury Canal Residences features a full range of lifestyle amenities including Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium, Restaurants and more. The development is designed to offer resort-style living within Dubai Islands, Dubai.
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