Luxury Canal Residences, Palm Deira: sale prices and transactions
Luxury Canal Residences is a project registered with the Dubai Land Department (project no. 3568) in Palm Deira. Since May 2025, 55 residential sales have been registered there, the latest in May 2026. Over the last 12 months, 7 sales closed at a median AED 23,334 per m² (AED 2,168 per sq ft).
- AED 23,334median price per m²
- AED 2,168median price per sq ft
- 55sales since 2025
- 7sales in 12 months
Its price per m² is 20.9% below the Palm Deira median (AED 29,486/m²). All sales were registered off-plan: the project is sold before completion.
Luxury Canal Residences prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 4 | AED 1,813,000 | 77 m² |
| Apartment · 2 bedrooms | 3 | AED 2,400,136 | 112 m² |
Location
- Nearest metro: Palm Deira Metro Stations
- Landmark: Dubai International Airport
Neighbouring projects in Palm Deira
Same price per m² elsewhere in Dubai
- Park Point, Dubai Hills Estate — AED 23,312/m²
- The Greens at Sobha Sanctuary, Al Yufrah 1 — AED 23,378/m²
- Club Drive, Dubai Hills Estate — AED 23,290/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 6, Mohammed Bin Rashid Al Maktoum City District One — AED 23,406/m²
Other projects in Palm Deira
- SUNSET BAY FIVE by Imtiaz — AED 23,335/m²
- Wellington Ocean by ANK Motiwala Developments — AED 23,309/m²
- Beach Walk Residences 1 — AED 23,540/m²
- Agua Residences by Citi Developers - Tower 1 — AED 23,558/m²
- Zephyra Residences — AED 23,654/m²
- Ocean Pearl 2 By SD — AED 23,809/m²
- Isolana Residences — AED 22,749/m²
- Hermina by Casagrand Gallantee Real Estate — AED 23,952/m²
Frequently asked questions
What is the price per sq ft at Luxury Canal Residences?
Over the last 12 months the median is AED 2,168 per sq ft (AED 23,334 per m²) across 7 DLD sales.
How much is a 1 bedroom at Luxury Canal Residences?
Median sale price AED 1,813,000 for a median 77 m², across 4 sales over the last 12 months.
How many sales have been registered at Luxury Canal Residences?
55 residential sales registered with the DLD between May 2025 and May 2026, 100% of them off-plan.
Where is Luxury Canal Residences?
In Palm Deira, Dubai; nearest metro station per the DLD: Palm Deira Metro Stations.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.