Address
Dubai Islands
Total units
1
From
AED 2,792,000
Handover
Q1 2028
Contact Us
Overview
Luxury Canal Residences is a boutique residential building by Prestige One under construction in Dubai Islands. The asset follows Prestige One’s contemporary mid-rise design language. The building blends contemporary massing with refined material detailing across the facade. Apartment layouts are designed for efficient daily living, with attention to light, finish quality and considered storage.
Luxury Canal Residences is positioned in the upper-mid bracket with a clear positioning inside Dubai Islands’s residential market. Communal facilities include infinity pool, gym, spa, sauna, jacuzzi, landscaped garden, clubhouse and 24/7 security. The project delivers 1 residence with handover scheduled for Q1 2028 and starting prices from AED 2,792,000.
For end users and investors alike, Luxury Canal Residences pairs Dubai Islands’s established residential context with Prestige One’s delivery profile. Resident experience leans on a developed amenity layer and the area’s mature daily-needs network, with the secondary market backed by the wider district’s proven absorption.
Location
Dubai Islands extends off the Deira coastline, accessed via Al Khaleej Road and tied into Dubai International Airport (DXB) within ten minutes. The 17-square-kilometre masterplan layers waterfront residential clusters, a marina district and a planned hospitality belt.
Access runs through Al Khaleej Road and Al Khaleej Tunnel, with planned bus-network upgrades and proximity to the Gold Souk metro corridor.
Nakheel’s masterplan introduces a new waterfront retail and F&B catchment alongside the existing Deira retail belt and the Gold Souk catchment.
Education needs are covered by the surrounding Dubai Islands school network, with international schools across the wider catchment. Healthcare needs are covered by the surrounding medical network, with the wider Dubai hospital catchment within a short driving range.
Dubai Islands is one of Nakheel’s flagship coastal projects with continued investment in beach clubs, marina facilities and a planned hospitality cluster. The masterplan reinforces Dubai Islands’ position as the eastern coastal anchor.
On the investment side, Dubai Islands offers a new waterfront premium with strong masterplan delivery; capital growth potential is high, yields are moderate, and absorption is supported by the area’s flagship status. Tenant base mixes international owner-occupiers, short-let traffic and upper-middle-income families.
Amenities
Developer
Prestige One has built its reputation on focus. Founded in 2007, the developer concentrates on residential projects – mid-rise and high-rise apartment buildings and mixed-use formats – that prioritise the urban living experience over sprawling master plans or mass housing.
Operating at a measured scale, Prestige One keeps an active construction pipeline with periodic new launches, and prices its homes for the core of Dubai’s residential market. Its strategy is to keep delivering city-living projects in the emirate’s established urban locations, at a scale and quality consistent with its existing portfolio. For investors who want refined, well-placed apartments in proven districts, Prestige One is a focused, dependable option. Browse Prestige One’s projects with Ultra DXB.
