Luxury Canal Residences in Dubai Islands
Luxury Canal Residences · Dubai Islands, Dubai
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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
From AED 36,638/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 390,800 Due on signing SPA |
|
| During Construction | 45% | AED 36,638/mo 24 monthly instalments |
|
| On Handover | 35% | AED 683,900 Due at Q1 2028 |
|
| Total | AED 1,954,000 | ||
On Booking
20%
AED 390,800
Due on signing SPA
During Construction
45%
AED 36,638/mo
24 monthly instalments
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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