Palm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
Luxury Canal Residences — Dubai Islands — Mitchell's Commercial Real EstateOFF-PLAN

Prestige One

Luxury Canal Residences

Dubai Islands · Dubai

Luxury Canal Residences by Prestige One: 73 one- to three-bedroom apartments and two penthouses on Dubai Islands, under construction, due 30 November 2027 per DLD.

The homesApartments
Payment plan65 / 35As published for this project, with 35% due on completion.
CompletionNovember 2027Expected completion as published by Prestige One on this brief.
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The payment plan and completion are Prestige One's own, as published in this brief.

At a glance

Project summary

6 lines
Developer
Prestige One
Community
Dubai Islands, Dubai
Status
Off-plan
Completion
November 2027Expected completion as published by Prestige One on this brief.
Unit mix
Apartments
Payment plan
65 / 35As published for this project, with 35% due on completion.

Documents

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Payment structure

Payment schedule

Handover Nov 2027

The schedule as published for this project, totalling 100% of the purchase price. Percentages apply to whichever price is agreed for the unit selected.

Cumulative share of purchase price — each block is one instalment
First instalment: 20%Cumulative at final instalment: 100%
InstalmentShareCumulativeWhen due
Booking20%20%At the time of booking
1st instalment5%25%90 days after booking date
2nd instalment5%30%180 days after booking date
3rd instalment5%35%270 days after booking date
4th instalment10%45%360 days after booking date
5th instalment5%50%450 days after booking date
6th instalment5%55%540 days after booking date
7th instalment5%60%630 days after booking date
8th instalment5%65%720 days after booking date
Handover35%100%Upon handover
Total100%

Percentages and stages as printed in Prestige One's Luxury Canal Residences launch sheet. RERA BRN 68593.

The brief

About this project

Apartments and penthouses on Dubai Islands

Luxury Canal Residences by Prestige One is a freehold residential building on Dubai Islands, Dubai, set along the island harbour. Prestige One describes a building of a ground floor, two podium levels and twelve floors, with a design drawn from the movement of water on the Arabian Gulf.

The Dubai Land Department register records the project as under construction, with 17.71% of construction complete at its inspection of 30 June 2026. The register gives a completion date of 30 November 2027.

Location
Dubai Islands, Dubai
Type
One- and two-bedroom apartments, three-bedroom apartments and penthouses
Units
73: 30 one-bedroom, 32 two-bedroom, 9 three-bedroom, 2 penthouses
Building
Ground floor, two podium levels and 12 floors
Ownership
Freehold, per Prestige One
DLD project number
3568
Completion
30 November 2027, per the DLD register
Construction
17.71% at the DLD inspection of 30 June 2026

Units, building and ownership per Prestige One's launch sheet; the unit total matches the Dubai Land Department register. Project number, completion date and construction progress per the register.

Apartment sizes

Type Units Size range
One bedroom 30 809.66 to 830.33 sq ft
Two bedrooms 32 1,200.07 to 1,244.20 sq ft
Three bedrooms 9 1,676.80 to 2,048.70 sq ft
Penthouse 2 4,427.41 and 4,430.32 sq ft

Total areas as printed on Prestige One's Luxury Canal Residences unit plans.

Nearby

Prestige One's brochure gives these journey times from the building:

Destination Journey time
Dubai International Airport 15 min
Burj Khalifa 20 min
The Dubai Mall 20 min
Dubai Creek 20 min
Burj Al Arab 30 min
Palm Jumeirah 30 min
Museum of the Future 30 min
Global Village 40 min
Dubai Marina 50 min

Journey times as printed in Prestige One's Luxury Canal Residences brochure. Our Dubai Islands investment guide covers the wider community.

Amenities

Prestige One's launch sheet sets out the shared facilities by level.

Ground floor. Concierge assistance, pick-up and drop-off, 24-hour security, a grand entrance lobby, a water garden, a lobby lounge, bike parking and a promenade.

Podium. An owners' lounge, a clubhouse, a spa, a wellness area, a fitness centre, an outdoor gym, an infinity pool with sun deck, a jacuzzi, changing rooms and lockers, a library lounge, billiards and foosball tables, and badminton, tennis and basketball courts.

Podium, family and leisure. A barbecue terrace, outdoor cinema, a splash adventure zone, a children's adventure park, a miniature golf course and a walking path.

In depth

In depth

Detail, in the order it was written

DLD record

The Dubai Land Department registers Luxury Canal Residences as project 3568, with a start date of 1 July 2025 and a registration date of 10 March 2025. It records 73 units, a completion date of 30 November 2027 and construction at 17.71% at the inspection of 30 June 2026.

Other Prestige One developments

Other Prestige One briefs on this site cover Berkeley Square by Prestige One in Jumeirah Village Circle, Fauchon Résidences by Prestige One in Jumeirah Garden City, Hilton Residences Dubai Maritime City, The Boulevard by Prestige One in Dubai Land Residence Complex, Sanctuary by Prestige One and The One by Prestige One, an office tower in Barsha Heights. Completed Prestige One buildings are covered in The Residence by Prestige One in Jumeirah Village Circle and Vista by Prestige One in Dubai Sports City.

Location

Area and connectivity

Luxury Canal Residences is in the Dubai Islands area.

Location record
Area
Dubai Islands

Area and community are from our own project record.

Area and community: our own project record. Neither is a survey.

Location

Luxury Canal Residences — Dubai Islands

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The developer

Prestige One

Prestige One is the developer named on this brief.

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Questions

Common questions

Where is Luxury Canal Residences?

Prestige One places Luxury Canal Residences on Dubai Islands, the waterfront development off the Deira coast, along its harbour. The brochure lists journey times of 15 minutes to Dubai International Airport, 20 to Burj Khalifa and The Dubai Mall, and 30 to Palm Jumeirah.

What homes does Luxury Canal Residences offer?

Prestige One's launch sheet lists 73 apartments: 30 one-bedroom, 32 two-bedroom, 9 three-bedroom and 2 penthouses. The Dubai Land Department register records 73 units for project 3568, the same total.

How big are the apartments?

Prestige One's unit plans give one-bedroom apartments from 809.66 to 830.33 sq ft, two-bedroom from 1,200.07 to 1,244.20 sq ft, three-bedroom from 1,676.80 to 2,048.70 sq ft and penthouses of 4,427.41 and 4,430.32 sq ft.

When is Luxury Canal Residences due for completion?

The Dubai Land Department register gives a completion date of 30 November 2027 for project 3568, with construction at 17.71% at its inspection of 30 June 2026.

What is the payment plan?

Prestige One's launch sheet sets out 65% before handover and 35% on handover. The 65% is 20% at booking, then instalments of 5% at 90, 180 and 270 days, 10% at 360 days and 5% at 450, 540, 630 and 720 days after the booking date.

What amenities are planned?

Prestige One lists a concierge, a grand entrance lobby and water garden on the ground floor, and on the podium a clubhouse, spa, wellness area, fitness centre, infinity pool, sun deck, jacuzzi, outdoor cinema, miniature golf and badminton, tennis and basketball courts.

Small print

Sources

Every figure on this page is traceable
  • Prestige One, Luxury Canal Residences launch sheet, 14 pages. Source for: unit counts, building configuration, ownership, amenities and the payment plan.
  • Prestige One, Luxury Canal Residences brochure, 54 pages. Source for: project description, location and journey times.
  • Prestige One, Luxury Canal Residences unit plans, 73 pages. Source for: total areas.
  • Dubai Land Department register, project 3568. Source for: project number, unit total, start and registration dates, completion date and the inspection of 30 June 2026.

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