Luxury Canal Residences in Dubai Islands, Dubai

Prestige Harbour Real Estate logo

Prestige Harbour Real Estate · Dubai Islands, Dubai

Starting price

AED 1,954,000

Enquire

Handover

January 2028

Status

active
DLD construction progress0%

About this project

Luxury Canal Residences is an off-plan residential development by Prestige Harbour Real Estate in Dubai Islands, Dubai. Prices start from AED 1,954,000. The current unit mix includes 1-bedroom homes, 2-bedroom homes, 3-bedroom homes. Dubai Land Department data records construction progress at 0%. Expected handover is January 2028.

What buyers should know

Luxury Canal Residences is located in Dubai Islands, Dubai and is developed by Prestige Harbour Real Estate. Prices start from AED 1,954,000. Dubai Land Department data records construction progress at 0%.

Location

Luxury Canal Residences is in Dubai Islands, Dubai. Browse the verified project facts, available home sizes, pricing and construction status before making an enquiry.

Amenities

Indoor Swimming PoolLandscaped GardensCCTV SecurityGymnasiumRestaurantsChildren's Play Area

Payment plan

  • 20/45/35

Project brochures

Developer material with specifications, amenities and payment-plan details.

Project brochureOpen PDF in a new tab

The official record

Registered with the Dubai Land Department — construction progress, escrow and sales history are the government's figures, not the developer's.

Construction progress0%Not started
Escrow agentEMIRATES ISLAMIC BANK P.J.S.C.Holds buyer payments until handover
Developer licenceNot currentValid to 26 Sept 2025
Expected completion30 Nov 202773 units registered
Registered sales
57
In the last 12 months
31
Median sold price
AED 2.00M
Median price per sqft
AED 2,096/sqft
Median size sold
830 sqft
First sale
19 Dec 2022
Latest sale
8 May 2026
Off-plan vs ready
55 / 2

What has sold here, by size

Every registered sale in Luxury Canal Residences, not a window — an individual project can trade rarely, and three sales over two years is better evidence than none.

SizeSalesMedian priceTypical rangePrice/sqftLatest
1 B/R301.70MAED 1.66M – AED 1.82MAED 2,096/sqft30 Jan 2026
2 B/R252.53MAED 2.47M – AED 2.72MAED 2,101/sqft8 May 2026
Unspecified216.63MAED 16.31M – AED 16.94MAED 644/sqft7 Jun 2024
Market data for Palm DeiraPRESTIGE HARBOUR REAL ESTATE DEVELOPMENT L.L.C's full recordEvery sale in this project

Transactions at Luxury Canal Residences

55 sales recorded at this project in Dubai Land Department data, to Jul 2026.

View Dubai market trends
Median sale price
2.00M
last 12 months
Median price / sqft
AED 2,096/sqft 9.8% vs last year
last 12 months
Transactions
35
last 12 months

Median price / sqft by year

By bedrooms · last 12 months

1 B/R

19 sales

1.70M

Per sqft2,097

2 B/R

16 sales

2.49M

Per sqft2,014

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
May 8, 20262 B/R1,244AED 2,988,0002,403Off-plan
Jan 30, 20261 B/R830AED 1,826,0002,199Off-plan
Dec 17, 20251 B/R830AED 1,610,8361,940Off-plan
Nov 21, 20252 B/R1,200AED 2,328,9671,940Off-plan
Nov 10, 20252 B/R1,200AED 2,400,1362,000Off-plan
Oct 27, 20251 B/R830AED 1,800,0002,168Off-plan
Oct 24, 20251 B/R810AED 1,954,0002,413Off-plan
Oct 16, 20252 B/R1,200AED 2,430,0002,024Off-plan
Oct 16, 20252 B/R1,200AED 2,726,5002,272Off-plan
Oct 16, 20252 B/R1,244AED 2,490,0002,002Off-plan
Oct 15, 20251 B/R810AED 1,697,8022,097Off-plan
Sep 11, 20252 B/R1,244AED 2,487,7542,000Off-plan
Sep 11, 20251 B/R830AED 1,660,6562,000Off-plan
Sep 11, 20252 B/R1,244AED 2,487,1092,000Off-plan
Sep 11, 20252 B/R1,200AED 2,400,9972,000Off-plan
Sep 11, 20251 B/R830AED 1,660,6562,000Off-plan
Sep 11, 20251 B/R830AED 1,660,6562,000Off-plan
Sep 11, 20251 B/R810AED 1,518,1151,875Off-plan
Sep 4, 20252 B/R1,244AED 2,413,1221,940Off-plan
Sep 4, 20251 B/R830AED 2,000,0002,409Off-plan
Aug 28, 20252 B/R1,200AED 2,404,8722,003Off-plan
Aug 28, 20251 B/R830AED 2,034,0002,450Off-plan
Aug 28, 20252 B/R1,201AED 3,000,0002,498Off-plan
Aug 28, 20251 B/R810AED 1,700,0002,100Off-plan
Aug 28, 20251 B/R810AED 1,696,8002,096Off-plan
Aug 28, 20251 B/R810AED 1,696,8002,096Off-plan
Aug 27, 20252 B/R1,244AED 2,783,0002,237Off-plan
Aug 27, 20251 B/R810AED 1,697,8022,097Off-plan
Aug 27, 20252 B/R1,200AED 2,525,1162,103Off-plan
Aug 27, 20251 B/R810AED 1,950,0002,408Off-plan

Source: Dubai Land Department transaction records for this project. Figures are historical transacted prices — market context, not a valuation of any specific unit.

Price insights · Palm Deira

Median sale prices from Dubai Land Department transactions over the last 12 months, to Jul 2026.

View Dubai market trends
All residential
2.80M

median sale price

Per sqftAED 2,668/sqft
Transactions5,232
Apartments
2.80M

median sale price

Per sqftAED 2,668/sqft
Transactions5,232

Source: Dubai Land Department open data. Area medians are market context for Palm Deira, not a valuation of this specific project.