Luxury Canal Residences by Prestige One is located on Dubai Islands, a group of five outstanding islands linked by bridges. There is one ground level, two podiums and 16 floors for residences in the complex. The proposal is to build a place where riverfront living is combined with a connection to the city’s best features.
The project includes a selection of luxurious and modern 1, 2 & 3-bedroom apartments and penthouses ranging from 809 sq ft. to 4427 sq ft. Those wanting to live in luxury can find their choice of apartments in this building.
The master plan for Luxury Canal Residences shows modern luxury next to the awe-inspiring surroundings of the Dubai Islands. Contemporary architecture and wide glass walls are used to build skyscrapers. Their sleek design lets in plenty of light and gives expansive views over the surroundings.
Prestige One leads the industry in real estate development worldwide. Keeping the customer, community, and design central to what they do, Prestige One is a top Dubai real estate developer for people who appreciate fine living. The developer curates design-forward communities across Dubai, blending refined architecture, thoughtful floor plans, and resort-inspired amenities.
Their portfolio spans waterfront and city addresses, with bright interiors, generous balconies, serene wellness spaces, and practical retail conveniences—emphasis on craftsmanship, durable materials, and owner experience anchors lasting value. Luxury Canal Residences starting price is AED 2,000,000 for a 1-bedroom apartment. The payment structure ties neatly together: there’s a 20% down payment, 45% spread across construction (often in interest-free monthly installments), and 35% at handover.
From an investment perspective, the proposition targets both end-users and investors. A stated Dubai Islands rental yield range of roughly 7%–12% (with certain beachfront villa spots cited around 9%) frames the potential income story, while the handover is projected for Q1 2028.
Luxury Canal Residences at Dubai Islands offers numerous amenities such as heated pools, a high-end gym, beautifully landscaped areas, and areas made for kid-friendly activities, which all work to help people and families stay active. There are a number of walking trails, bike routes, outdoor seating, and breathtaking views, which provide a peaceful atmosphere.
The location is the calmer, resort-leaning side of the city, yet still practical for day-to-day travel. From the site, you’re a short hop to Souk Al Marfa and the upcoming Deira Mall, with straightforward driving access back to Deira and Dubai International Airport. It’s set up for residents who want water-adjacent living without giving up urban connectivity.
Elegantly planned 1, 2, and 3-bedroom apartments with select 3-bedroom penthouses, spanning approximately 809 to 4,427 square feet.
Residents unwind beside a shimmering infinity pool, then drift through landscaped gardens and contemporary fitness studios, while spa sanctuaries with sauna and Jacuzzi restore balance, and families enjoy kids' play zones, miniature golf, badminton and basketball courts, convivial BBQ terraces, plus conveniences including parking, supermarket, restaurants, and a health center.
Buyers benefit from a straightforward plan that begins with a 20% down payment, continues through 45% during construction in interest-free monthly installments, and concludes with 35% at handover, creating an elegant 65/35 structure that aligns cash flow with build progress and preserves comfortable affordability overall.
For investors with a discerning eye, Dubai Islands offers compelling fundamentals, pairing limited waterfront supply with growing lifestyle demand, while Prestige One’s craftsmanship and partial canal views enhance desirability, and projected rental yields between 7-12% suggest balanced upside with user appeal.
Positioned at the gateway to Dubai Islands, the development ties seamlessly into the city’s arterial network, offering fluid connections toward Deira and the historic creek, with straightforward routes to major business districts and the international airport, so everyday commuting feels civilized, while weekend escapes unfold with remarkably effortless coastal drives.
Swimming Pool
Gymnasium
Pet Friendly
Jacuzzi
Parks and Gardens
Balcony
Parking
Health Care
Supermarket
20% Down Payment
45% During Construction
35% On Handover
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