What is the price of Luxury Canal Residences?

Luxury Canal Residences is priced from AED 1.95M in Dubai Islands, Dubai.

What is the payment plan for Luxury Canal Residences?

Luxury Canal Residences offers a 20/45/35 payment plan with handover expected Q1 2028.

What rental yield does Luxury Canal Residences offer?

Projected gross rental yield for Luxury Canal Residences is 5.3 to 7.4% annually.

When is Luxury Canal Residences handover?

Luxury Canal Residences is scheduled for handover in Q1 2028 in Dubai Islands, Dubai.

Can foreigners buy Luxury Canal Residences?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

Dubai Coastal Growth · Dubai

Luxury Canal Residences in Dubai Islands

Luxury Canal Residences Dubai Islands render

Launch Price

AED 1.95M

Property Type

Mixed-Use

Bedrooms

1 - 3 Beds

Payment Plan

20/45/35

Handover

Q1 2028

Projected Yield

5.3 to 7.4%

In Dubai Islands, Dubai, Luxury Canal Residences offers off-plan multiple/other units from AED 1.95M. The payment plan is 20/45/35: 20% secures the unit, 45% is paid during construction, and 35% falls due at handover in Q1 2028. Coastal regeneration in this Dubai corridor has lifted rental values, with projected gross yields running 5.3 to 7.4%. MonthlyDubai can match you with Luxury Canal Residences and similar projects across Dubai based on your monthly instalment. Free, no agency fees.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 36,638. No mortgage or bank approval required.

Phase	%	Amount
On Booking	20%	AED 390,800 Due on signing SPA
During Construction	45%	AED 36,638/mo 24 months
On Handover	35%	AED 683,900 Due at Q1 2028
Total	100%	AED 1,954,000

Questions about Luxury Canal Residences

What payment plan does Luxury Canal Residences offer?+

Luxury Canal Residences uses a 20/45/35 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2028.

Can I buy this project without a mortgage?+

Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.

Is this project registered with RERA?+

MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.

How do I find out if this fits my monthly budget?+

Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Luxury Canal Residences fits your budget and send you comparable alternatives.

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