Luxury Canal Residences is a residential project by Prestige One Developments in Dubai Islands, Dubai, with handover 30.11.2027, construction 17.7% complete per the DLD registry.
Floor plans
Payment plan 20/45/35
- Down payment20%
- During construction45%
- On handover35%
Construction progress
- Handover30.11.2027
- Status date30.06.2026
- DLD project number3568
Data from the Dubai Land Department project registry (updated 12.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Prestige One Developments · District: Dubai Islands
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 08.05.2026 | 2 BR | 115.5 | 2 988 000 |
| 30.01.2026 | 1 BR | 77.1 | 1 826 000 |
| 17.12.2025 | 1 BR | 77.1 | 1 610 836 |
| 21.11.2025 | 2 BR | 111.5 | 2 328 967 |
| 10.11.2025 | 2 BR | 111.5 | 2 400 136 |
| 27.10.2025 | 1 BR | 77.1 | 1 800 000 |
| 24.10.2025 | 1 BR | 75.2 | 1 954 000 |
| 16.10.2025 | 2 BR | 111.5 | 2 430 000 |
| 16.10.2025 | 2 BR | 111.5 | 2 726 500 |
| 16.10.2025 | 2 BR | 115.6 | 2 490 000 |
| 15.10.2025 | 1 BR | 75.2 | 1 697 802 |
| 11.09.2025 | 2 BR | 115.5 | 2 487 109 |
| 11.09.2025 | 1 BR | 77.1 | 1 660 656 |
| 11.09.2025 | 1 BR | 77.1 | 1 660 656 |
| 11.09.2025 | 2 BR | 115.6 | 2 487 754 |
| 11.09.2025 | 2 BR | 111.5 | 2 400 997 |
| 11.09.2025 | 1 BR | 77.1 | 1 660 656 |
| 11.09.2025 | 1 BR | 75.2 | 1 518 115 |
| 04.09.2025 | 1 BR | 77.1 | 2 000 000 |
| 04.09.2025 | 2 BR | 115.6 | 2 413 122 |
Dubai Land Department transaction registry, updated 2026-08-11. Explore Dubai property transactions →
Places nearby
About the project
Luxury Canal Residences is a single-building residential project on Dubai Islands by Prestige Harbour Real Estate Development. The development contains 73 units and is configured as G+2P+12+Roof. It is active, with construction recorded at 17.71% on 30 June 2026 and a scheduled completion date of 30 November 2027.
The project configuration
Luxury Canal Residences comprises one building with 73 units. Its recorded building configuration is G+2P+12+Roof, placing the project within a vertical residential format rather than a multi-building scheme. The project is identified under number 3568 and has a total recorded area of 8,384.79. Prestige Harbour Real Estate Development is named as the developer. The project sits on Dubai Islands, the five-island waterfront masterplan on Dubai’s northern coastline. Dubai Islands comprises Marina Island, Central Island, Shore Island, Golf Island and Elite Island. Residential, hospitality, marina and public-realm uses form part of the wider masterplan.
Construction progress and completion
Luxury Canal Residences is active. Construction progress was recorded at 17.71% following an inspection dated 30 June 2026. The project start date is recorded as 1 July 2025, and the scheduled completion date is 30 November 2027. These dates provide the current recorded development timetable for the 73-unit scheme. The status and progress figure relate to the project as a whole, which consists of one building. Buyers considering the project can use the scheduled completion date alongside the recorded construction ratio when reviewing the current stage of delivery.
Dubai Islands setting
Dubai Islands is a waterfront masterplan comprising five named islands: Marina Island, Central Island, Shore Island, Golf Island and Elite Island. Central Island is the largest and is planned around Deira Mall and The Night Market. The Night Market is planned to include more than 5,300 shops and 100 quayside cafés and restaurants. The wider masterplan includes residential projects, waterfront villas, hotels, resorts, public beaches, parks and a marina network. It provides for 37 hotels and resorts, while the RIU and Centara resorts are already open from the earlier Deira Islands phase. Dubai Islands was formerly known as Deira Islands and was rebranded in August 2022.
Beaches, culture and leisure nearby
Dubai Islands Beach is 1.7 km from Luxury Canal Residences. Dubai Heritage Village and Dubai Museum are each 3.2 km away, while the Queen Elizabeth 2 is 4.2 km away. Maritime City Park is 4.5 km from the project and Al Mamzar Beach Park is 5.2 km away. Dubai Creek Golf & Yacht Club is 5.8 km away, with Al Badia Golf Club at 10.0 km. Cinema options listed near the project include Vox Cinema at City Centre Shindagh, 3.6 km away; Vox Cinemas at BurJuman Mall, 4.1 km away; and Vox Cinemas at Deira City Centre, 4.9 km away.
Marina and open-space plans
The Dubai Islands masterplan provides for public beaches, parks and open areas covering 2 square kilometres. Several Nakheel beaches have Blue Flag accreditation. Nakheel Marinas Dubai Islands launched in May 2023 and is designed to accommodate 13 superyachts at one time. The marina has 248 wet berths for vessels up to 47 metres and 40 dry berths for trailers up to 20 metres. Its facilities include parking, showers, washrooms and a launderette, as well as dock assistance available 24 hours a day, club-car transfers, utilities and waste services. Shore Island is planned for sports and resort uses, while Golf Island includes an 18-hole golf course and wellness enclaves.
Developer and project identity
Prestige Harbour Real Estate Development is the developer of Luxury Canal Residences. The project is located in Dubai Islands and is recorded as a 73-unit, single-building development. Its project number is 3568. The development timetable records a start date of 1 July 2025 and a completion date of 30 November 2027. At the inspection dated 30 June 2026, the recorded completion ratio was 17.71%. The building configuration is G+2P+12+Roof. These project details define the current recorded scope and construction stage of Luxury Canal Residences.
Registered transactions in Luxury Canal Residences
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +7% over the same period, so the building lagged.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 75 | 1 696 800 | 22 624 | 30 |
| 2 bedrooms | 116 | 2 525 116 | 21 768 | 25 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
