Luxury Canal Residences
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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.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 810 – 4,430 sqft | 73 | 2.41M | 2,290 | ↑6.6% | |
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 | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 7 May 2026 | 2 Bed | Floor 7 | 1,244 | 2,988,000 | 2,403 | +20.1% | Standard | Off-Plan Sale |
| 29 Jan 2026 | 1 Bed | Floor 7 | 830 | 1,826,000 | 2,199 | — | Standard | Off-Plan Sale |
| 17 Dec 2025 | 1 Bed | Floor 5 | 830 | 1,610,836 | 1,940 | — | Entry Level | Off-Plan Sale |
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.
- Flora Shore by Calgary PropertiesAED 2,287/sqft
- Allegro Park by Mill Hill Riviera DevelopmentAED 2,279/sqft
- Arka Enclave ResidencesAED 2,303/sqft
- Iluka ResidencesAED 2,314/sqft
- Wellington Ocean WalkAED 2,263/sqft
- Luzora ResidencesAED 2,259/sqft
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.