Official imagery, floor plans and the full brochure for Luxury Canal Residences are available on request. We publish only developer-supplied media we are licensed to use.
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About Luxury Canal Residences
Luxury Canal Residences is a Prestige One development positioned along the internal canal of Dubai Islands, offering one- to three-bedroom homes with water views.
One-bedroom pricing starts around AED 2 million according to broker listings.
Handover is quoted as Q1 2028 by one source and Q4 2027 by another, so the exact quarter should be confirmed with the developer.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
Luxury Canal Residences key facts
- Developer
- Prestige One Developments
- Community
- Dubai Islands
- Status
- Launched
- Handover
- Q1 2028
- Starting price
- AED 2M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Available units
Luxury Canal Residencesunits & prices
Starting prices by unit type as published at the latest update. Developer pricing moves with each release — message us for the current price list and live availability.
Process
How to buy at Luxury Canal Residences
- 01
Shortlist and reserve
Choose a unit type and view at Luxury Canal Residences and secure it with the booking deposit.
- 02
Sign the SPA
Prestige One Developments issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q1 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Canal-front island address
- Entry pricing from about AED 2M
- Boutique developer with Dubai Islands focus
What to weigh
- Handover date differs between sources
- Canal rather than open-beach frontage
FAQ
Luxury Canal Residences — frequently asked questions
What is the starting price of Luxury Canal Residences?
Published pricing at Luxury Canal Residences starts from AED 2M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Luxury Canal Residences?
Luxury Canal Residences is scheduled for handover in Q1 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Luxury Canal Residences?
Luxury Canal Residences is developed by Prestige One Developments in Dubai Islands, Dubai.
What unit types are available at Luxury Canal Residences?
Luxury Canal Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Luxury Canal Residences located?
Luxury Canal Residences is in Dubai Islands, Dubai.
Can foreigners buy at Luxury Canal Residences?
Yes. Dubai Islands is a freehold area, so buyers of any nationality can own property at Luxury Canal Residences outright.
Does buying at Luxury Canal Residences qualify for the UAE Golden Visa?
Units at Luxury Canal Residences start at AED 2M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at Luxury Canal Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 80K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Luxury Canal Residences?
MRK Real Estate advises on primary purchases and resales at Luxury Canal Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Prestige One Developments before any transaction.
