Luxury Canal Residences construction progress
Luxury Canal Residences in Palm Deira is 18% built at the Land Department inspection of June 2026. Developer Prestige Harbour Real Estate Development. Completion registered for November 2027.
18%
Built, at the Land Department site inspection of 30 June 2026
Running behind its date
- Completion date (Land Department)
- November 2027
- Finish at recent pace
- July 2030
- Construction started
- July 2025
- Registered with the Land Department
- March 2025
- Developer
- Prestige Harbour Real Estate Development
- Community
- Palm Deira
- Units
- 73
- Escrow bank
- Emirates Islamic Bank
- Name in Arabic
- لكشري كانال ريزيدنسز
- Land Department project number
- 3568
- Land Department site inspections
- 4
Schedule
Between November 2025 and June 2026 the site added about 1.7 points a month. At that rate it would finish around July 2030, more than three months after the November 2027 date registered with the Land Department.
Site inspections
30 June 2026
18%+8.2 pts
23 March 2026
9.5%+4.1 pts
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20 November 2025
5.4%+5.4 pts
18 February 2025
0%
Context
Palm Deira has 95 projects under construction, 22% built on average.
Prestige Harbour Real Estate Development has 2 projects under construction in Dubai, none past their registered completion dates.
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Notify me when it launchesQuestions
- When will Luxury Canal Residences be completed?
- The completion date registered with the Dubai Land Department is November 2027. At the pace of its recent inspections the site would reach 100% around July 2030. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Luxury Canal Residences is built?
- 18%, measured at the Land Department site inspection on 30 June 2026. The Land Department engineers have inspected the site 4 times since February 2025.
- Is Luxury Canal Residences delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of November 2027.
- Who is building Luxury Canal Residences?
- The registered developer is Prestige Harbour Real Estate Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Luxury Canal Residences?
- Emirates Islamic Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Coastal Haven By Prestige Harbour Real Estate DevelopmentAlso by Prestige Harbour Real Estate Development. 23%, Due November 2027.
- Bay Residences Dubai IslandsNearby in Palm Deira. 48%, Due October 2026.
- Beach Residences Dubai IslandsNearby in Palm Deira. 29%.
- Bay Villas - Dubai IslandsNearby in Palm Deira. 23%, Due May 2027.
- Edgewater ResidencesNearby in Palm Deira. 48%.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.