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Projects·Dubai·Al Merkadah
Luxury Canal Residences by Prestiage One Development
Off-PlanApartments

Luxury Canal Residences

Al Merkadah · Dubai · by Prestiage One Development
Indexed entry, not yet verified by our desk
Price from
AED 4.5M
entry price
Bedrooms
2BR–4BR
Apartments
Handover
q1-2028
Off-Plan
Price per sqft
AED 4,800
/sqft

Luxury Canal Residences is a distinguished residential development set in the heart of Dubai Islands. The project features a G + P2 + 12-storey structure, thoughtfully designed to provide breathtaking views of both the sea and the Dubai skyline. Its modern architectural style, defined by elegant lines and premium materials, creates a seamless connection with the surrounding landscape and delivers a true resort-inspired living experience. Residents can choose from a range of thoughtfully planned layouts, including studios, 1-, 2-, and 3-bedroom apartments, as well as an exclusive penthouse. Each residence is finished to the highest standards, ensuring a sophisticated and comfortable ambiance. The interiors are designed to harmonize luxury and practicality, and many units come with private balconies that allow residents to fully enjoy the picturesque waterfront setting.

Payment structure
Plan on request
Modelled on entry price AED 4.5M
Booking / down payment20% · AED 900,000
During construction60% · AED 2,700,000
On handover20% · AED 900,000

Developer payment plan — confirm current terms with our desk. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Luxury Canal Residences: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 900,000
DLD fee4%
AED 180,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 1,084,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Al Merkadah · Dubai
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Prestiage One Development
Developer
Prestiage One Development
Same set · Dubai

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