Luxury Canal Residences
by Prestige One Developments · 📍 Dubai Islands
Luxury Canal Residences is a project by Prestige One Developments in Dubai Islands, Dubai. The Dubai Land Department project register lists completion for November 2027. It was 29% built at the official RERA site inspection of 8 October 2026.
Floor plans
Layouts by unit type — tap any plan to view it full size.
Official brochure
Source: independent listing source.
About the project
Canal-side luxury residences by Prestige One Developments.
Construction progress
28.88% complete at the latest RERA site inspection on 8 Oct 2026; scheduled completion 30 Nov 2027.
Project register as of 25 Oct 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 8 Oct 2026 | 28.88% | 6 |
| 30 Jun 2026 | 17.71% | 6 |
| 23 Mar 2026 | 9.54% | 6 |
| 20 Nov 2025 | 5.44% | 5 |
| 18 Feb 2025 | 0% | 2 |
Escrow account 3538491084806 at Emirates Islamic Bank P.J.S.C.. Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #3568, updated daily. Tap a photo for the full-size original.
Sales velocity
Snapshot of 25 Sept 2026
Per-unit-type pricing and sell-through from an independent market source.
| Unit | Size | Price from | Sold |
|---|---|---|---|
| 1 Bed | 810–830 sqft (75–77 m²) | AED 1.70M | 30 / 30 |
| 2 Beds | 1,200–1,240 sqft (111–115 m²) | AED 2.50M | 24 / 32 |
| 3 Beds | 1,680–4,430 sqft (156–412 m²) | — | — |
Independent third-party construction snapshot, not developer-confirmed. Sold counts reflect that source's own tracking and may differ from the other listing data on this page.
Who's selling this project
4 agencies are currently listing units in Luxury Canal Residences across 6 live listings, from AED 2.10M to AED 9.48M depending on unit size and floor.
| Agency | Listings | Asking range | Trust |
|---|---|---|---|
| Century 21 Meg Real Estate | 3 | AED 4.50M – AED 9.48M | 3 verified · Trusted broker |
| Crossbridge Real Estate | 1 | AED 2.50M | 1 verified · Trusted broker |
| David Moya Real Estate | 1 | AED 2.10M | 1 verified · Trusted broker |
| The Foundry Real Estate Brokerage | 1 | AED 4.53M | 1 verified · Trusted broker |
Live asking prices from agency listings — compare before you commit. Ranges span different unit types and floors, and asking prices are not sold prices.
How it compares in Dubai Islands
50 other off-plan projects in Dubai Islands · average entry price AED 2.38M
Luxury Canal Residences: questions and answers
When is the handover of Luxury Canal Residences?
The Dubai Land Department project register lists the completion date of Luxury Canal Residences as November 2027.
How much of Luxury Canal Residences is built?
Luxury Canal Residences was 29% complete at the official RERA site inspection of 8 October 2026.
Is Luxury Canal Residences registered with the Dubai Land Department?
Yes. Luxury Canal Residences is registered with the Dubai Land Department as project number 3568, and its escrow account is held at Emirates Islamic Bank P.J.S.C.. By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Luxury Canal Residences?
Luxury Canal Residences is developed by Prestige One Developments. The Dubai Land Department project register lists 14 projects for Prestige One Developments: 2 delivered and 12 under construction.
Where is Luxury Canal Residences located?
Luxury Canal Residences is in Dubai Islands, Dubai.
What unit types does Luxury Canal Residences offer?
The project has 73 units in the Dubai Land Department project register.
Explore more
More off-plan projects by Prestige One Developments
✦ Want the full picture on Luxury Canal Residences?
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Source: developer’s official website + live listing photos. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 8 Oct 2026.