Luxury Canal Residences

Luxury Canal Residences is a twelve-storey residential tower under construction in Dubai Islands, Dubai. Prestige One is the developer, and handover is scheduled for Q4 2027. Construction has reached 29%.

Apartments and sizes

The building holds 73 units. Two-bedroom apartments range from 111.56 m² to 115.59 m² and start at 2,792,000 AED. Three-bedroom apartments range from 178.32 m² to 411.32 m² and start at 4,461,000 AED. Prices at the project start at 2,691,000 AED, at 21,161 AED per m². Penthouses of 411 and 412 m² form the largest format in the house.

The podium

By design, the podium beneath the homes will hold an infinity pool, a sun deck and a jacuzzi. A barbecue terrace, an open-air cinema, a tennis court, a basketball court and a badminton court will also sit there. Prestige Fitness Center will be joined by an outdoor gym, and a walking track will cross the podium. Prestige Spa and the Prestige Wellness zone will have separate men's and women's changing rooms with lockers.

Shared lounges and spaces for children

Prestige Owners' Lounge and The Clubhouse will serve for meetings and evenings with neighbours. A library, a billiard table and a table football set will be part of the common areas. Children will have the Little Explorers' Zone club, the Children's Adventure Park and the Splash Adventure Zone water play area. A mini-golf course will be open to children and adults alike.

Entrance, security and the building

Cars will enter and exit separately from the main entrance, with a drop-off point for taxis and guests. The lobby will include a lounge and a water garden. A concierge will handle everyday tasks, and security will operate around the clock. Bicycles will have their own parking area, and a pedestrian path and a green strip will run around the building. The facade, by design, will follow soft wave lines.

Ownership, payments and handover

Apartments are sold as freehold. Buyer funds go to an escrow account held at Emirates Islamic Bank. The payment plan is 20% on booking, 45% during construction and 35% on handover. Service charge is 193.75 AED per m² a year. Dubai Mall and Dubai Creek are 20 minutes from the house, and the airport is 15 minutes away.