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Starting From
Price on Request
Stack and view premiums vary by unit
Luxury Canal Residences is an exclusive residential development located on the prestigious Dubai Islands. Contact for prices, payment plan, brochure.
Developer
Prestige Harbour Development
Property type
Apartment
Unit mix
1 & 2 bedroom
Handover
Q4 2027
Ownership
Freehold
Launched
Q1 2025
20%
Down Payment
40%
During Construction
40%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.
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Location Advantage
Starting Price
Developer Reputation
Completion Timeline
Rental Yield Potential
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Cash-flow profile
60% pre-handover
20% Down Payment ยท 40% During Construction ยท 40% On Handover
40% on handover
Area PSF benchmark
AED 2,591
Dubai Islands 12-month registered-sales median price per square foot.
Avg AED 2,624 / sqft
Market liquidity
5,869 sales
AED 24.3B traded in Dubai Islands over the last 12 months.
3,597 sales in 6 months
Off-plan demand
97.2% share
97.2% of Dubai Islands sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+25.2% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Dubai Islands recorded 5,869 DLD-registered sales worth AED 24.3B over the last 12 months, with a median price of AED 2,591 per square foot. 97.2% of those sales were off-plan, and prices moved +25.2% year-on-year.
Area PSF benchmark
AED 2,591
Market liquidity
5,869 sales
Off-plan demand
97.2%
Price momentum
+25.2%
DLD transactions linked to Luxury Canal Residences and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| May 8, 2026 | Off-plan | - | 2 | 1,244 Sq Ft | AED 2,988,000 | AED 2,403 |
| Jan 30, 2026 | Off-plan | - | 1 | 830 Sq Ft | AED 1,826,000 | AED 2,199 |
| Dec 17, 2025 | Off-plan | - | 1 | 830 Sq Ft | AED 1,610,836 | AED 1,940 |
| Nov 21, 2025 | Off-plan | - | 2 | 1,200 Sq Ft | AED 2,328,967 | AED 1,940 |
| Nov 10, 2025 | Off-plan | - | 2 | 1,200 Sq Ft | AED 2,400,136 | AED 2,000 |
| Oct 27, 2025 | Off-plan | - | 1 | 830 Sq Ft | AED 1,800,000 | AED 2,168 |
| Oct 24, 2025 | Off-plan | - | 1 | 810 Sq Ft | AED 1,954,000 | AED 2,413 |
| Oct 16, 2025 | Off-plan | - | 2 | 1,200 Sq Ft | AED 2,430,000 | AED 2,024 |
| Oct 16, 2025 | Off-plan | - | 2 | 1,200 Sq Ft | AED 2,726,500 | AED 2,272 |
| Oct 16, 2025 | Off-plan | - | 2 | 1,244 Sq Ft | AED 2,490,000 | AED 2,002 |
| Oct 15, 2025 | Off-plan | - | 1 | 810 Sq Ft | AED 1,697,802 | AED 2,097 |
| Sep 11, 2025 | Off-plan | - | 2 | 1,200 Sq Ft | AED 2,400,997 | AED 2,000 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| May 2026 | 156 | AED 2,819 | AED 585.4M | 1,370 Sq Ft |
| Apr 2026 | 739 | AED 3,004 | AED 2.8B | 1,285 Sq Ft |
| Mar 2026 | 435 | AED 2,771 | AED 1.4B | 1,200 Sq Ft |
| Feb 2026 | 628 | AED 2,796 | AED 2.2B | 1,286 Sq Ft |
| Jan 2026 | 630 | AED 2,614 | AED 2.1B | 1,318 Sq Ft |
| Dec 2025 | 486 | AED 2,588 | AED 1.7B | 1,391 Sq Ft |
| Nov 2025 | 523 | AED 2,543 | AED 2.3B | 1,746 Sq Ft |
| Oct 2025 | 482 | AED 2,586 | AED 1.8B | 1,402 Sq Ft |
| Sep 2025 | 447 | AED 2,392 | AED 1.6B | 1,334 Sq Ft |
| Aug 2025 | 216 | AED 2,405 | AED 786.5M | 1,687 Sq Ft |
| Jul 2025 | 310 | AED 2,384 | AED 1.2B | 1,790 Sq Ft |
| Jun 2025 | 418 | AED 2,405 | AED 2.7B | 1,744 Sq Ft |
1 Bedroom
-
30 sales in 12 months
2 Bedrooms
-
25 sales in 12 months
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| Studio | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 1 Bedroom | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 2 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of Luxury Canal Residences in Dubai Islands, offering unparalleled access to Dubai's finest destinations.
Get DirectionsNearby Landmarks & Views
| Detail | Info | |---|---| | Project | Luxury Canal Residences | | Developer | Prestige Harbour Development | | Location | Dubai Islands, Dubai | | Status | Under Construction | | Completion | Q4 2027 | | Unit Types | Studio, 1 Bedroom, 2 Bedroom | | Price Range | AED 1,954,000 โ AED 4,631,308 | | Payment Plan | 20% Down / 40% During Construction / 40% On Handover | | Setting | Waterfront, Canal-Facing | | Amenities | Luxury Finishes, Central A/C, CCTV, Parking, Landmark View |
Luxury Canal Residences by Prestige Harbour Development is an ultra-premium waterfront residential development on Dubai Islands โ positioned directly on one of the island's defining canal waterways, delivering Studios, 1-Bedroom, and 2-Bedroom apartments with landmark views, luxury and high-end finishing, central air conditioning, and comprehensive security infrastructure.
The development's name is a precise statement of intent: "Luxury Canal Residences" communicates exactly what Prestige Harbour Development has created โ a building where the canal waterfront setting and luxury specification are not marketing claims but architectural realities. Every element of the building's design, from its canal-facing orientation to its landmark view positioning to its interior specification grade, is built around the premise that Dubai Islands' new waterfront deserves residential development of uncompromising quality.
Prestige Harbour Development โ as the name suggests โ specialises in harbour and waterfront residential development. Their commitment to the Dubai Islands market reflects a conviction that the emirate's newest coastal master plan will become one of the UAE's most sought-after addresses for waterfront living, and that Luxury Canal Residences will define the canal-facing residential standard within that aspiration.
Dubai Islands is the master plan transforming five natural islands north of Deira into Dubai's most significant waterfront expansion since Palm Jumeirah:
Dubai Islands is positioned as the successor to Palm Jumeirah's coastal prestige โ a development where the combination of new beach creation, hotel anchors, and luxury residential development will create a world-class waterfront destination that establishes Dubai's next chapter in global coastal living.
Dubai Islands' internal canal network provides a secondary waterfront beyond the islands' primary beach and Gulf frontage. Canal-facing residences like Luxury Canal Residences benefit from:
Dubai Islands' connection to mainland Dubai via the Deira coastline provides access to:
| Destination | Approximate Drive Time | |---|---| | Deira City Centre | 10โ15 minutes | | Dubai International Airport (DXB) | 15โ20 minutes | | Downtown Dubai / Burj Khalifa | 20โ25 minutes | | Dubai Mall | 20โ25 minutes | | DIFC | 20โ25 minutes | | Gold Souk / Spice Souk | 12โ15 minutes | | Dubai Frame | 20โ25 minutes | | Sharjah | 25โ30 minutes |
Dubai Islands' 15โ20 minute drive to DXB Airport is a meaningful lifestyle premium for frequent international travellers โ one of the shortest airport commutes available from a coastal residential community in Dubai.
| Unit Type | Price From | Profile | |---|---|---| | Studio | AED 1,954,000 | Canal waterfront investment, solo lifestyle buyers | | 1 Bedroom | Mid-range | Couples, professionals, premium investors | | 2 Bedroom | Up to AED 4,631,308 | Small families, premium Dubai Islands waterfront living |
Luxury Canal Residences delivers the specification level appropriate for a premium waterfront address in Dubai's newest coastal master plan:
Luxury Canal Residences provides premium infrastructure:
| Milestone | Percentage | |---|---| | Down Payment | 20% | | During Construction | 40% | | On Handover (Q4 2027) | 40% |
Within Dubai Islands' master plan, canal-facing residential plots represent a specific and limited subset of the total available inventory. Luxury Canal Residences' canal frontage creates a permanent view premium that non-canal-facing buildings within the same development cannot match.
Dubai's waterfront residential markets โ Palm Jumeirah, Dubai Marina, JBR โ have consistently outperformed inland Dubai communities in terms of capital appreciation over 10+ year periods. Dubai Islands, as Dubai's newest coastal master plan, is expected to follow this trajectory as its hotel anchors open, beach clubs establish, and community infrastructure matures.
Canal and waterfront-facing units in Dubai Islands are positioned for premium short-term rental performance โ driven by tourist and leisure traveller demand for water-view coastal accommodation. At Q4 2027 completion, Dubai Islands will be approaching its full hospitality activation, creating substantial short-term rental demand from the community's hotel guests and visitors.
Prestige Harbour Development's specialisation in harbour and waterfront residential development provides buyers with the confidence that Luxury Canal Residences has been designed by a team with specific experience in the planning, orientation, and specification requirements of premium canal-facing residential developments.
Luxury Canal Residences by Prestige Harbour Development in Dubai Islands is a premium canal-waterfront residential development โ Studios through 2-Bedrooms from AED 1.95M on a 20/40/40 payment plan with Q4 2027 delivery, offering luxury and high-end finishing, landmark views, and a canal-facing position on one of Dubai's most ambitious and anticipated coastal master plans. For buyers entering Dubai Islands' early investment cycle with a canal-waterfront address, luxury specification, and a specialist harbour developer's commitment to quality delivery, Luxury Canal Residences offers a premium waterfront investment ahead of the community's full maturation.
Luxury Canal Residences by Prestige Harbour Development in Dubai Islands starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Luxury Canal Residences offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Luxury Canal Residences is scheduled for completion in Q4 2027. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Luxury Canal Residences by Prestige Harbour Development in Dubai Islands offers strong investment potential. Dubai Islands is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Luxury Canal Residences is developed by Prestige Harbour Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Luxury Canal Residences offers world-class amenities including Luxury and High-end Finishing, Central A/C, CCTV Cameras, Covered Parking, Landmark View and 1 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.