Luxury Canal Residences

About the project

Luxury Canal Residences is a single-building residential project on Dubai Islands by Prestige One Developments. The development contains 73 units and is configured as G+2P+12+Roof. It is active, with construction recorded at 28.88% on 8 October 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 One Developments 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 28.88% following an inspection dated 8 October 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 One Developments 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 8 October 2026, the recorded completion ratio was 28.88%. The building configuration is G+2P+12+Roof. These project details define the current recorded scope and construction stage of Luxury Canal Residences.

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