Off-plan · Freehold
Luxury Canal
by Prestige One · handover Q4 2027
Luxury Canal, in plain numbers.
Luxury Canal is an off-plan residential project by Prestige One in Dubai Islands (Palm Deira), Dubai. It is registered with the Dubai Land Department as project 3568, a g+2p+12+roof scheme, with works dated from July 2025. Handover is planned for Q4 2027. 73 units are registered, mostly 2-bedroom homes of about 1,227 sq ft and one-bedroom homes of about 818 sq ft. The register shows 57 sales since October 2025, 11 of them in the last twelve months, at a median of AED 2,097 per sq ft.
- 17% above ready resales in Palm Deira per sq ft
- 11 registered sales in 12 months
- Keys in 2027
Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.
What is in Luxury Canal.
Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.
| Type | Units in the project | Typical size | Registered sales, 2 years | Median price | AED / sq ft |
|---|---|---|---|---|---|
| 1 bedroom | 30 | 818 sq ft | 30 | AED 1,696,800 | 2,096 |
| 2 bedrooms | 32 | 1,227 sq ft | 25 | AED 2,525,116 | 2,101 |
| 3 bedrooms | 11 | 2,411 sq ft | — | — | — |
Matched to the Land Department project Luxury Canal (project no. 3568).
How you pay.
Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.
Send me the payment planWhat Luxury Canal actually sells for.
Registered sale prices, not the developer's list prices.
| Date | Bedrooms | Sq ft | Price | AED / sq ft | Stage |
|---|---|---|---|---|---|
| 8 May 2026 | 2 B/R | 1,244 | AED 2,988,000 | 2,403 | Off-plan |
| 30 Jan 2026 | 1 B/R | 830 | AED 1,826,000 | 2,199 | Off-plan |
| 17 Dec 2025 | 1 B/R | 830 | AED 1,610,836 | 1,940 | Off-plan |
| 21 Nov 2025 | 2 B/R | 1,200 | AED 2,328,967 | 1,940 | Off-plan |
| 10 Nov 2025 | 2 B/R | 1,200 | AED 2,400,136 | 2,000 | Off-plan |
| 27 Oct 2025 | 1 B/R | 830 | AED 1,800,000 | 2,168 | Off-plan |
| 24 Oct 2025 | 1 B/R | 810 | AED 1,954,000 | 2,413 | Off-plan |
| 16 Oct 2025 | 2 B/R | 1,200 | AED 2,430,000 | 2,024 | Off-plan |
Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.
Where it is.
Dubai Islands, Palm Deira, Dubai.
What it costs beyond the price.
- Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
- No agency fee to you when you buy from the developer: the developer pays our commission.
- Your payments go into the project's escrow account, released to the developer as construction is certified.
- At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.
General guidance; we confirm every fee for this project in writing before you reserve.
Questions people ask.
When is Luxury Canal handed over?
The developer plans handover for Q4 2027. Launch dates can move, and we track the registered progress for you.
Who is the developer of Luxury Canal?
Prestige One (registered as Prestige Harbour Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 3568.
What is the payment plan for Luxury Canal?
The developer shares the current plan with the price list; message us and we send both, usually the same day.
What is the price per square foot in Luxury Canal?
Registered sales over the last 12 months have a median of AED 2,097 per sq ft, against about AED 1,792 for ready homes in Palm Deira.
Can foreigners buy in Luxury Canal?
Yes. Luxury Canal is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.
Is buying off-plan safe?
Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.
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