Luxury Canal Residences

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Prestige One
73
Total Units
55
Sold
AED 1,954,000
Median Price
AED 2,090
Median Price /sqft
Construction progress: 18%
Start: Mar, 2025Completion: Nov, 2027

Luxury Canal Residences Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed30810 sqft - 830 sqftAED 1.8M (2,170 /sqft)AED 2,780 /sqft
-21.89
2 Beds321,200 sqft - 1,240 sqftAED 2.5M (2,010 /sqft)AED 2,720 /sqft
-25.93
3 Beds111,680 sqft - 4,430 sqftAED 2,790 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
3Apartment, 1001102,007 sqft33.26 sqft Check Availability
3Apartment, 1002102,009 sqft33.26 sqft Check Availability
3Apartment, 1003102,039 sqft36.11 sqft Check Availability
3Apartment, 1004102,028 sqft36.11 sqft Check Availability
3Apartment, 1101112,047 sqft36.99 sqft Check Availability
3Apartment, 1102112,049 sqft36.99 sqft Check Availability
3Apartment, 1103111,930 sqft26 sqft Check Availability
3Apartment, 1104111,919 sqft26 sqft Check Availability
3Apartment, 1201124,427 sqft242.68 sqft Check Availability
3Apartment, 1202124,430 sqft242.87 sqft Check Availability
2Apartment, 20421,201 sqft12.07 sqft Check Availability
2Apartment, 20521,244 sqft16.1 sqft Check Availability
2Apartment, 40441,201 sqft12.07 sqft Check Availability
2Apartment, 40541,244 sqft16.1 sqft Check Availability
2Apartment, 80581,244 sqft16.1 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment810 sqft12.66 sqft 2AED 1,954,000AED 2,412 /sqft 27, May 2025
1Apartment810 sqft12.66 sqft 2AED 1,954,000AED 2,412 /sqft 26, May 2025
1Apartment810 sqft12.66 sqft 2AED 1,954,000AED 2,412 /sqft 27, May 2025
1Apartment810 sqft12.66 sqft 2AED 1,950,000AED 2,407 /sqft 26, Aug 2025
2Apartment1,200 sqft12.07 sqft 2AED 2,888,000AED 2,407 /sqft 04, Aug 2025
2Apartment1,244 sqft16.1 sqft 2AED 2,783,000AED 2,237 /sqft 26, Aug 2025
1Apartment830 sqft14.58 sqft 3AED 1,650,000AED 1,988 /sqft 08, Jun 2025
1Apartment830 sqft14.58 sqft 3AED 1,650,000AED 1,988 /sqft 03, Jun 2025
1Apartment830 sqft14.58 sqft 3AED 1,536,000AED 1,851 /sqft 02, Jun 2025
1Apartment830 sqft14.58 sqft 3AED 1,536,000AED 1,851 /sqft 03, Jun 2025
2Apartment1,244 sqft16.05 sqft 3AED 2,600,000AED 2,090 /sqft 27, May 2025
2Apartment1,200 sqft12.01 sqft 3AED 2,550,000AED 2,125 /sqft 03, Jun 2025
2Apartment1,244 sqft16.05 sqft 3AED 2,470,000AED 1,986 /sqft 03, Jun 2025
2Apartment1,200 sqft12.02 sqft 3AED 2,430,000AED 2,025 /sqft 16, Oct 2025
1Apartment810 sqft12.66 sqft 4AED 1,954,000AED 2,412 /sqft 24, Oct 2025

Luxury Canal Residences Real Estate Data – FAQ

  • What is the current property supply in Luxury Canal Residences?

    Luxury Canal Residences has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Luxury Canal Residences?

    Luxury Canal Residences recorded 11 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Luxury Canal Residences?

    The median transaction price in Luxury Canal Residences is AED 2,100 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Luxury Canal Residences?

    The gross rental yield in Luxury Canal Residences is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Luxury Canal Residences?

    Property prices in Luxury Canal Residences have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Luxury Canal Residences?

    There are currently 1 active off-plan projects in Luxury Canal Residences, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Luxury Canal Residences?

    The total off-plan pipeline in Luxury Canal Residences includes approximately 73 units, which will significantly impact future supply and pricing dynamics.

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  • Is Luxury Canal Residences a good area for property investment?

    Luxury Canal Residences is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Luxury Canal Residences, this is %, indicating relatively strong income performance compared to global markets.

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