PropertyIndex

Luxury Canal Residences

Under Construction · Due Q4 2027|73 units · 1 building

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Luxury Canal Residences is an under-construction apartment development by PRESTIGE HARBOUR REAL ESTATE DEVELOPMENT L.L.C in Palm Deira, comprising 73 registered units. 55 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,290 per sqft. At AED 2,290 per sqft, Luxury Canal Residences prices 8% below the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price · 6.6% YoY
2.41MAED
Typical
2,290AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
55
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Luxury Canal Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
810 – 4,430 sqft
732.41M2,2906.6%
1 Bed · Apartment
810 – 830 sqft
30
2 Bed · Apartment
1,200 – 1,244 sqft
32
3 Bed · Apartment
1,677 – 4,430 sqft
11
No rental contracts registered — the project has not handed over.
Sales — Project-Wide55 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 May 20262 BedFloor 71,2442,988,0002,403+20.1%StandardOff-Plan Sale
29 Jan 20261 BedFloor 78301,826,0002,199StandardOff-Plan Sale
17 Dec 20251 BedFloor 58301,610,8361,940Entry LevelOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Deira

The closest-priced registered projects in Palm Deira.

Common questions about Luxury Canal Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Luxury Canal Residences cost?

Property in Luxury Canal Residences sells at a current PIX© price of AED 2,290 per sqft, or about AED 2,405,489 for a typical unit, based on 55 sales registered with the Dubai Land Department.

When is Luxury Canal Residences handing over?

Luxury Canal Residences is under construction, due q4 2027.

Who is the developer of Luxury Canal Residences?

Luxury Canal Residences is developed by PRESTIGE HARBOUR REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Luxury Canal Residences?

Luxury Canal Residences holds 73 registered units, per the Dubai Land Department unit register.

Have prices in Luxury Canal Residences gone up or down?

Price per sqft has risen +6.6% over the last 12 months, to AED 2,290, across 55 registered sales.