Dubai Islands
Luxury Canal Residences
AED2,824,000
Project general facts Luxury Canal Residences by Prestige One is a serene waterfront retreat nestled along the harbor of Dubai Islands, offering an elegant fus…
- Handover
- Q1 2028
- Developer
- Prestige One Developments
- Units
- 7
- Unit types
- 7
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Key figures
- From
- AED 2,824,000
- Handover
- Q1 2028
- Developer
- Prestige One Developments
- Units
- 7
- Unit types
- 7
- Golden Visa
- Golden Visa eligible
- DLD fee (4%)
- AED 112,960
Source: Reelly project starting price; official UAE Golden Visa property threshold (AED 2,000,000); Dubai Land Department transfer fee of 4%. Rule last verified by DubaiYield on 2026-08-14 (published public rule — not a live government API).
Payment plan
Payment Plan
20%
On booking
AED564,800
45%
During construction
AED1,270,800
35%
Upon Handover
Due on handover
AED988,400
Percentages from developer payment plan via Reelly. Confirm in SPA.
Golden Visa
Golden Visa eligibility
Property at AED 2,000,000 or above may qualify for the UAE 10-year Golden Visa. Off-plan purchases can qualify once the SPA is registered with the Dubai Land Department, including bank-financed purchases.
Threshold
AED2,000,000
Likely eligible — 10-year Golden Visa
Indicative guidance only. Eligibility is subject to legal and regulatory review. The 10-year Golden Visa property route is distinct from shorter investor residency programmes.
Area overview
Dubai Islands, previously known as Deira Islands, is an artificial archipelago located off the northeastern coast of Dubai, adjacent to the historic Deira district. The development is led by Nakheel and is organised into several separate islands, offering new beachfront areas along with proximity to Port Rashid and Dubai Maritime City. The islands are connected to the mainland by road via a dedicated bridge.
The development is planned as a mixed-use destination, with residential offerings including apartments, townhouses, villas, and branded residences, alongside hotels, marinas, and retail areas. Properties are available on a freehold basis, allowing both UAE nationals and foreign buyers to hold full ownership. As a newer development, infrastructure and amenities are being delivered in phases, with private vehicle access currently the primary means of transport to and around the islands.
Dubai Islands sits within reach of Dubai International Airport and Downtown Dubai, and close to the older commercial districts of Deira and Bur Dubai. It draws buyers seeking newly built waterfront property with freehold ownership, at a different stage of development than more established coastal areas of the city.
About the developer
Prestige One Developments is a developer represented in the DubaiYield off-plan selection.
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