How much does Luxury Canal cost?

Prices at Luxury Canal start from $733,000 (about AED 2,691,000). It offers Apartments & Penthouses in Dubai Islands, Dubai, on a 20 / 80 payment plan. Ask us for the live price list and current availability.

When does Luxury Canal complete?

Luxury Canal is scheduled for handover in Q4 2027. As an off-plan purchase you pay in stages tied to construction, so you lock in today's price and settle the balance as the building progresses.

Can a foreigner buy at Luxury Canal?

Yes. Luxury Canal sits in a designated freehold zone, so overseas buyers can own it outright with full title registered at the emirate's land department — no nationality restriction and no extra transfer tax for foreign buyers.

Does buying Luxury Canal qualify me for residency or a visa?

Potentially. A UAE property worth at least AED 2 million (about US$545,000) qualifies for the 10-year renewable Golden Visa, and off-plan units count — so units at Luxury Canal that reach that value can put you on the Golden Visa path.

Luxury Canal — Dubai Islands, Dubai · from $733k

The Development

Waterfront two- and three-bedroom apartments and penthouses on Dubai Islands from AED 2.69m — a simple 20/80 payment plan and Q4 2027 handover.

Luxury Canal is a waterfront building of two- and three-bedroom apartments and penthouses, from 1,201 to 4,430 sq ft, on Dubai Islands — the resort-style destination off Deira, linked to the mainland by the Infinity Bridge. Residents share an infinity pool, a spa with sauna and steam room, an outdoor cinema, tennis and basketball courts, a clubhouse and concierge service. The plan is a straightforward 20% on booking and 80% on completion, with handover scheduled for Q4 2027 and a service charge of AED 18 per sq ft.

◆ Waterfront building on Dubai Islands
◆ 2–3 bed apartments and penthouses
◆ 1,201–4,430 sq ft
◆ Simple 20/80 payment plan
◆ Q4 2027 handover
◆ Infinity pool, spa, outdoor cinema

Project Information

The facts

Developer

Prestige One

District

Dubai Islands, Dubai

Price range

AED 2,691,000 – 9,476,000

Price per sq ft

AED 1,966 – 2,291 / ft²

Size

1,201 – 4,430 ft²

Completion

Q4 2027

Ownership

Freehold

Unit types

Apartments, Penthouses

Service charge

AED 18 / ft²

Furnishing

Semi Furnished with Kitchen Appliances

Resale allowed after

40% paid

Configurations

Building 1 — G+2P+12+R

Gallery

Inside the residences

Amenities

A life fully serviced

⚘

BBQ Areas

Barbecue areas and walking paths.

⚘

Sports Courts

Basketball and tennis courts.

≋

Swimming Pools

Infinity pool, children's pool and pool deck.

❦

Residents' Lounge

Clubhouse, owners' lounge and library.

⌂

Concierge

Concierge, security and CCTV.

⚘

Children's Play Areas

Covered kids' play area and splash pad.

Payment Plan

Structured around you

20%

On booking

80%

On completion

Returns

A note on returns

Current Dubai Islands listings average about AED 2,780 per sq ft. Luxury Canal runs a 20/80 plan to Q4 2027 handover, with a service charge of AED 18 per sq ft. See the full United Arab Emirates tax & returns guide →

Location

The centre of everything

Work directly with Anton

You will not be handed around a call centre. Anton Sulcek — INOVO's founder — personally guides you from the first shortlist through reservation, payment plan and handover, across all nine markets. One point of contact, honest advice, and pricing direct from the developer with no markup.

More about Anton →

Luxury Canal