Off-PlanDubai

Prestige One Developments · Dubai

Luxury Canal Residences

Dubai Islands, Dubai

Bedrooms

1 – 3 Bed

Type

Apartment

Payment Plan

65/35 payment plan

Handover

Q1 2028

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Total Units

73 (30 x 1BR, 32 x 2BR, 9 x 3BR, 2 Penthouse)

Building

G+2P+12 Floors

Ownership

Freehold

Completion Date

Q1 2028

Unit Sizes

1 Bedroom809.66 – 830.33 sq ft (30 units)

2 Bedroom1,200.07 – 1,244.20 sq ft (32 units)

3 Bedroom1,676.80 – 2,048.70 sq ft (9 units)

Penthouse4,427.41 – 4,430.33 sq ft (2 units)

At a Glance

73 freehold units: 30 x 1BR, 32 x 2BR, 9 x 3BR, 2 Penthouses
G+2P+12 floor tower along the Dubai Islands harbour
Prestige Clubhouse, badminton and tennis courts, infinity pool
Ground floor: water garden, promenade, service lobby
Podium: outdoor cinema, splash adventure zone, miniature golf course

About this project

Luxury Canal Residences is a 73-unit freehold building by Prestige One Developments along the harbour of Dubai Islands, offering 1, 2 and 3-bedroom apartments and 2 penthouses. A G+2P+12 floor tower with panoramic water and skyline views, the community includes a clubhouse, badminton and tennis courts, an infinity pool, and a full podium and rooftop amenity set, with completion scheduled for Q1 2028.

Interior, fully-furnished — click to enlarge

Amenities

Dining & Social

Prestige Owners Lounge

Lifestyle & Comfort

Prestige Clubhouse
Badminton & Tennis Courts
Outdoor Cinema
Miniature Golf Course

Wellness & Fitness

Infinity Pool
Prestige Spa
Prestige Fitness Center

Family & Kids

Children's Adventure Park & Splash Zone

Outdoor & Views

Water Garden & Promenade

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Unit Data Verification

The launch sheet’s "Units & Sizes" table was rendered directly (pdftotext’s column extraction had misaligned the unit-count column) to confirm the exact mapping: 1 Bedroom 30 units, 2 Bedrooms 32 units, 3 Bedrooms 9 units, Penthouse 2 units — summing to 73 total, arithmetic verified against the size-range figures shown alongside each type.

Pricing

No starting price is disclosed anywhere in the 14-page launch sheet, despite full unit sizes, building configuration and a fully itemized 65/35 payment plan being disclosed — kept as priceOnRequest rather than estimated.

Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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Location

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Map shows approximate project location. Exact site boundaries may vary.

About the Developer

Prestige One Developments

Prestige One Developments is a Dubai-based real estate developer that entered the real estate sector in 2007, under the umbrella of a parent group tracing back to 1967. Led by CEO Ajmal Saifi (recognised by the Dubai Land Department as one of Dubai’s top investors), the developer has grown a residential and branded-residence portfolio across JVC, Dubai Sports City, Dubai Islands, Meydan, MBR City, Barsha Heights and Dubai Maritime City — including a Hilton-branded residence and a Fauchon-branded residence, and having completed handovers of Vista and The Residence in April 2026.

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Pricing

Price upon request

65/35 payment plan · Handover Q1 2028

Dubai — Market Yield Range

5% – 12.5% gross p.a.

Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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Developer-Direct Pricing

Same price as booking through the developer — zero resale markup.

One Advisor, Start to Finish

A single point of contact from reservation through to handover — no chain of resellers.