About Luxury Canal Residences
Luxury Canal Residences is a residential building by Prestige Harbour Real Estate Development, in Palm Deira, Dubai. It rises 15 storeys (a ground floor, 2 podium levels and 12 floors), built as a concrete structure with internal and external finishes. The project comprises 73 homes.
Key information
Developer
Prestige Harbour Real Estate Development
- Expected handover
- TBC
- Status
- Not started
- Location
- Palm Deira, Dubai
- Master project
- Palm Deira
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 73
- Registered with DLD
- 10 Mar 2025
- Escrow bank
- Emirates Islamic Bank
- Escrow account no.
- 3538491084806
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction18% complete
- Expected handoverTBC
Construction progress
19 inspection photos from the Dubai Land Department. Latest 30 Jun 2026 at 18% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
3 Elevators
15 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
55
Median price
AED 2.0M
Median price / sqft
AED 2K+9%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 30 | 819 sqft | AED 1.7M | AED 2K |
| 2 Bed | 25 | 1,223 sqft | AED 2.6M | AED 2K |
Price per sqft by year
+9% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 08 May 2026 | Off-plan | 1,244 sqft | AED 3.0M | AED 2K |
| 30 Jan 2026 | Off-plan | 830 sqft | AED 1.8M | AED 2K |
| 17 Dec 2025 | Off-plan | 830 sqft | AED 1.6M | AED 2K |
| 21 Nov 2025 | Off-plan | 1,201 sqft | AED 2.3M | AED 2K |
| 10 Nov 2025 | Off-plan | 1,200 sqft | AED 2.4M | AED 2K |
| 27 Oct 2025 | Off-plan | 830 sqft | AED 1.8M | AED 2K |
| 24 Oct 2025 | Off-plan | 810 sqft | AED 2.0M | AED 2K |
| 16 Oct 2025 | Off-plan | 1,201 sqft | AED 2.4M | AED 2K |
Unit mix
73 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 30 | 810 - 830 sqft |
| 2 B/R | 32 | 1,200 - 1,244 sqft |
| 3 B/R | 11 | 1,677 - 4,430 sqft |
Payment plan
Payment plans are set by Prestige Harbour and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Deira, Dubai.
Luxury Canal Residences
Dubai, United Arab Emirates
Frequently asked questions
Luxury Canal Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 18% complete.