Luxury Canal Residences
by Prestige One Developments

1–3 bedroom apartments and 4-bedroom penthouses

AED 2,80 mln Starting price
65/35 Payment Plan
Q1 2028 Handover
Luxury Canal Residencesby Prestige One Developments

Buy apartments and penthouses in Luxury Canal Residences by Prestige One Developments, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 2,800,000
Location Dubai Islands
Handover Q1 2028
Living Area 809 sq. ft. - 4,430 sq. ft.
Payment Plan 65/35
Bedrooms 1-4 BR
Total amount of units 73
ROI 6–7%

Luxury Canal Residences is a serene oasis of comfort and elegance in the new tourist hub of Dubai Islands. Luxury 1–4 bedroom residences are available for purchase

Luxury Canal Residences is an exclusive development on the prestigious archipelago of Dubai Islands. Its architecture draws inspiration from flowing lines and organic forms that reflect the rhythm of the surrounding waters. The project is a 16-storey building with 73 residences, including 1–3 bedroom apartments and 4-bedroom penthouses. Residential spaces range from 809 sq.ft to 4,430 sq.ft. Interiors are adorned in light, soothing tones with an emphasis on natural materials, creating an atmosphere of comfort and harmony. Each unit is equipped with modern technology and premium finishes, providing both comfort and elegance. Panoramic windows offer breathtaking views of the Arabian Gulf and the island's green spaces. The complex also features a wealth of amenities, including a swimming pool overlooking the harbour, a fitness centre, an open-air cinema, a children's playground, and a restaurant.

Luxury Canal Residences
About Luxury Canal Residences

Overview of Luxury Canal Residences

Experience an unparalleled level of premium living at Luxury Canal Residences. Stylish 1–3 bedroom residences are available

6–7%

Average ROI

8–9%

Potential ROI

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Community

Luxury Canal Residences is surrounded by well-developed infrastructure and offers the atmosphere of a coastal resort. Residents can get to popular restaurants and cafes such as Shabestan and Seafood Market, as well as Deira Mall, in just 10–15 minutes by car. Carrefour and Spinneys are perfect for everyday shopping, while active holidaymakers will appreciate the proximity to beaches, fitness centres, and water sports areas.

For families with children, the complex is conveniently located close to prestigious educational institutions. The Elite English School, Al Ittihad Private School Mamzar, and Sabari Indian School are within a 10–15 minute drive. Medical support is provided by Dubai Hospital and Thumbay Hospital, both less than 20 minutes away. This mix of urban convenience and coastal charm makes Luxury Canal Residences an ideal place for both living and investing.

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Interior

Luxury Canal Residences embodies sophisticated coastal living, with every interior element carefully curated. Inspired by the rhythmic waves of the Arabian Gulf, the design seamlessly integrates exterior and interior spaces. The interiors feature light tones and natural materials, including stone, wood, and glass, evoking an atmosphere of calm and refinement.

Kitchens in the residences are equipped with premium integrated appliances and thoughtfully designed storage systems, emphasising contemporary style and functionality. Bathrooms are finished with high-quality materials, offering a spa-like experience. Every detail is crafted to create a tranquil and cosy atmosphere, making Luxury Canal Residences a perfect place to relax and unwind.

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Infrastructure

Occupants of Luxury Canal Residences have access to the well-developed infrastructure of Dubai Islands, with all key amenities within a short-minute drive. Popular restaurants, including Salt Bae Burger, Pierchic, and The Beach House, are just 10–15 minutes away by car. The promenades and The Boardwalk provide a relaxed coastal atmosphere. For daily shopping, Souk Al Marfa, Big Mart, and Al Shams Supermarket are nearby.

For families with children, the community offers prestigious schools and nurseries, including GEMS Winchester School, Deira International School, Tiny Tots Nursery, and The Elite English School, all within a 10-minute drive. Those with an active lifestyle will appreciate proximity to beaches, sports clubs, golf courses, and water sports facilities. The location near marinas and resort areas ensures a perfect balance of urban vibrancy and resort tranquillity.

Overview

Are you looking for a profitable investment option?

Amenities of
Luxury Canal Residences

Occupants of Luxury Canal Residences will have access to world-class amenities, including:

Fitness centre and yoga areas

Fitness centre and yoga areas

Children's playground

Children's playground

Private relaxation areas

Private relaxation areas

Infinity pool overlooking the harbour
Library
On-site restaurant and cafe
Spa, sauna, and jacuzzi
BBQ area
24/7 security services and concierge service
Open-air cinema
Miniature golf
Gallery

Payment Plan of
Luxury Canal Residences

Prestige One Developments offers a convenient 65/35 payment plan with a deposit of just 20%. The next 45% of the unit price is paid during construction, and the remaining 35% upon completion

0% Comission
Direct Sales

Types of Payment Plan

Down Payment 20% On Booking
1st Instalment 45% During Construction
2nd Instalment 35% Handover in Q1 2028
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Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
Luxury Canal Residences
About Us

Economic Appeal of Luxury Canal Residences

Luxury Canal Residences presents exceptional investment opportunities, thanks to its freehold status, allowing foreign investors to purchase property alongside UAE citizens

Get Full Investment Details

2,37 mln 8%

Median price (AED)

1,970 -8%

Median price per sqft (AED)

2 -67%

Transactions

Source: Data taken from DXB for the last year, overview - Luxury Canal Residences

ROI 6–7%

The project combines a prestigious location, contemporary architecture, and premium amenities, making it attractive for personal living and as a source of income. Purchasing residences off-plan offers the opportunity to get a unit at a more favourable price, with projected value appreciation of 10–15% upon completion. Owners can also rent out their residences, ensuring a stable passive income and transforming the investment into a reliable financial asset.

As of Q4 2025, the starting price for a 2-bedroom apartment in the complex is AED 2.8M (USD 762K). For current pricing and available units, please get in touch with Alcenza Properties brokers.

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for rent

Investors at Luxury Canal Residences can benefit from short- and long-term rental opportunities after completion and get a stable and high passive income.

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for living

Life at Luxury Canal Residences on Dubai Islands combines a prestigious location, modern interiors, and an elevated level of comfort. Residents enjoy direct access to the beach, panoramic views of the Arabian Gulf, and convenient transportation to key areas of Dubai.

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for resale

Upon completion, property values at Luxury Canal Residences are expected to rise by at least 10–15% of the initial price.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials of Luxury Canal Residences

Project Materials

About Developer Luxury Canal Residences

Prestige One Developments is a Dubai-based developer specialising in premium residential projects

The company focuses on aesthetics, functionality, and innovative solutions. It offers homes where every detail is thoughtfully designed for the comfort of residents. Prestige One Developments crafts unique living spaces that satisfy the expectations of the most discerning buyers and investors.

Location of Luxury Canal Residences

Luxury Canal Residences is a modern complex on the prestigious Dubai Islands, where a secluded resort atmosphere harmoniously blends with the vibrant energy of the metropolis

The project is surrounded by extensive beaches, promenades, and green parks, evoking the feeling of a waterfront retreat while remaining close to urban conveniences. The complex offers convenient access to all key areas of Dubai. Dubai International Airport and Downtown Dubai are approximately 20 minutes away, while Dubai Marina is approximately 30 minutes away. Beaches, waterfront restaurants, shopping malls, and active recreation areas are nearby. Luxury Canal Residences is an ideal choice for both permanent residence and a profitable investment.

Sights & Attractions

Deira View
Point

icon 5 min

Deira Island Beach

5 min

Dubai Island Marina Slipway

10 min

Healthcare facilities

Al Baraha Smart
Center

icon 10 min

Dubai Hospital

10 min

Aster Hospital

15 min

Educational institutions

Tiny Tots
Nursery

icon 5 min

Little Flower English School

10 min

Amna Bint Wahab Secondary School

10 min

Transportation

Dubai International
Airport

icon 20 min

Souk Al Marfa Marine Transport Station

5 min

Al Maktoum International Airport

50 min

General FAQs

Everything you need to know about the Luxury Canal Residences. Can't find an answer?

Ask a Question

Where is the location of Luxury Canal Residences?

Luxury Canal Residences will be located on Island A of Dubai Islands.

Who is the developer of Luxury Canal Residences?

The project is created by Prestige One Developments.

What are the property types in Luxury Canal Residences?

The 16-storey building offers 73 residences, including 1–3 bedroom apartments and 4-bedroom penthouses.

What is the property size in Luxury Canal Residences?

Residences range in size from 809 sq.ft to 4,430 sq.ft.

What are the available amenities in Luxury Canal Residences?

Amenities include an infinity pool overlooking the waterfront, a fitness centre, yoga areas, a children's playground, a library, a restaurant, a cafe, a spa, a sauna and jacuzzi, a BBQ zone, 24/7 security services, concierge service, an open-air cinema, mini golf facilities, and access to private relaxation areas.

What are the available views in Luxury Canal Residences?

Panoramic windows and terraces provide breathtaking views of the Arabian Gulf and the island’s lush green spaces.

Is Luxury Canal Residences a good investment in Dubai?

Purchasing off-plan residences allows you to acquire residences at a more competitive price, with projected appreciation of 10–15% upon completion. Owners can also rent out their properties, generating stable passive income and turning the investment into a reliable financial asset.

Is Luxury Canal Residences a good place to live?

Living at Luxury Canal Residences on Dubai Islands combines a prestigious location, contemporary interiors, and exceptional comfort. Residents enjoy direct access to the beach, panoramic views of the Arabian Gulf, and convenient transportation to key areas of the emirate.

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Luxury Canal Residences
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

Luxury Canal Residences

Starting Price AED 2,80 mln

Payment Plan 65/35

Handover Q1 2028