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Project

Luxury Canal Residencesout of stock

Dubai Islands·Prestige One Developments

Price (AED)

On requestOn request

Bedrooms

2, 3

Handover

Q1 2028

Size (sqft)

0

Inventory

2 units · 1 building

Construction

under construction

Readiness

9.54%

Compliance & specs

DLD escrow #

3538491084806

Service charge

16-18 AED/sqft

Furnishing

Semi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.

Post-handover plan

None

About

Project general facts

Luxury Canal Residences by Prestige One is a serene waterfront retreat nestled along the harbor of Dubai Islands, offering an elegant fusion of tranquility and modern sophistication. Thoughtfully designed for those who appreciate peaceful, elevated living, the development mirrors the gentle rhythm of the sea, creating an atmosphere where life flows effortlessly. With its graceful architecture and seamless connection to nature, the residences exude timeless charm and refined simplicity.

Inside, each home is crafted to reflect understated luxury and comfort. Spacious layouts, sophisticated finishes, and floor-to-ceiling windows invite natural light and frame soothing water views, creating a calming ambiance. The interiors are complemented by serene design elements, warm tones, and contemporary elegance, allowing residents to enjoy a sanctuary that nurtures well-being and harmony at every turn.

Luxury Canal Residences also offers a comprehensive array of lifestyle-enhancing amenities spread across the ground and podium levels. From an infinity pool, spa, and wellness area to sports courts, a miniature golf course, outdoor cinema, and children’s adventure park, every detail is designed to enrich the everyday experience. Whether unwinding in the Prestige Owners’ Lounge or enjoying the canal promenade, residents are immersed in a community that celebrates leisure, luxury, and meaningful living.

Finishing and materials

Modern finishing with high-quality materials.

Kitchen and appliances

Equipped kitchen.

Location description and benefits

Dubai Islands offers diverse island living and a vacation-inspired lifestyle, an array of luxury resort offerings, village centres with services and entertainment, elite wellness & sports venues, beautiful beaches for water sports, and vibrant green spaces for outdoor leisure pursuits.

A magnificent group of five islands located to the north of the city, Dubai Islands offers over 50km of stunning waterfront homes and hotels in an idyllic setting that connects sandy shores, inviting water edges and world-class amenities to the mainland via the striking Infinity Bridge.

This contemporary landscaped residential development boasts beautiful Residences of apartment and villa typologies, an on-site Rixos hotel, and an extensive array of enviable amenities dedicated to the Residence owners, including stunning pools, lush green garden terraces, and a pristine beachfront. Residents will enjoy a world of wellness activities and water sports combined with the services of the all- exclusive Rixos in a friendly resort- style neighbourhood.

Available unit types

2 bedroom configurations

These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.

2 bedrooms floor plan

2 bedrooms

1201 sqft

AED 2,792,000USD 760,262
3 bedrooms floor plan

3 bedrooms

2007 sqft

AED 4,616,000USD 1,256,937

Payment plans

Payment PlanInterest-free during construction

20%
45%
35%
BookingDuring constructionOn handover (Q1 2028)
  1. 1.

    On booking

    20%
  2. 2.

    During construction

    45%
  3. 3.

    Upon Handover (Q1 2028)

    35%
CASADIOR

Calculate your payments

Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.

Include fees:
#WhenStep%Amount (AED)Amount (USD)Cumulative (USD)
1Upon bookingReservation20%558,400152,052152,052
2Between booking and Q1 2028During construction45%1,256,400342,118494,170
3Q1 2028Upon Handover (Q1 2028)35%977,200266,092760,262
Total100%AED 2,792,000USD 760,262

Cash-flow shape: 65% during the construction period (20% upon booking, 45% across milestones), 35% at handover (Q1 2028).

0% interest during construction — no APR, no compounding.

Opens directly in Excel, Numbers, or Google Sheets.

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Amenities

15 features

Location

Dubai Islands

25.29061, 55.30827

Nearby

  • Deira Islands Night Souk3 km
  • Deira Island Beach6 km
  • Spectrum Nursery6.3 km
  • Dubai International Airport9.8 km
  • Downtown Dubai20.6 km
  • Dubai Island Marina Slipway7.7 km

About Dubai Islands

Beachfront / waterfront freehold zone; positioned for premium and branded residences; rapid 2024-2025 launch cycle A look at the original masterplan published by the developer at the time of the launch of Dubai Islands.

Explore Dubai Islands

About Prestige One Developments

Prestige One Developments

Prestige One Developments stands tall as a global powerhouse in real estate development. Since our inception, we do more than build homes—we craft experiences where luxury intertwines with lifestyle. Having the customer, community, and design at the heart of its ethos, Prestige One Developments is a premier Dubai real estate developer dedicated to high-quality lifestyles and discerning buyers. The firm’s customer-focused approach is reflected in its commitment to creating residences that truly embody experiential design. From timeless architecture and tasteful interiors to superior amenities, each aspect of a Prestige One project is shaped by its customers and the communities it helps foster.

Building details

Building

1, 2, 3 bedroom apartments & 3 bedroom penthouses with pool

Parking allocation

Unit typeBedroomsSpaces
Penthouse32
Apartment21
Apartment11

Marketing brochure

Download brochure (PDF)

Why Dubai off-plan

The macro case for buying off-plan in Dubai

These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.

0% interest, ever

Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.

No income or capital-gains tax on property

Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.

20% usually opens the unit

Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.

Post-handover plans extend the runway

Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.

Golden Visa from AED 2M

A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.

Freehold ownership for foreigners

Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.

Price

Price on request

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