Apartment for Sale in Nakhlat Deira by Prestige One

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Off Plan

Luxury Canal Residences

developer logoPrestige One
Luxury Canal Residences, Palm Deira, Dubai Islands, Dubai
Apartment
0% Completed

About Property

Discover Luxurious Waterfront Living at Luxury Canal Residences, Dubai Islands

Experience the pinnacle of modern living at Luxury Canal Residences, a stunning residential development nestled in the heart of the prestigious Palm Deira, Dubai Islands, Dubai. This exceptional project offers an unparalleled lifestyle, blending sophisticated design with breathtaking views and a wealth of premium amenities. Imagine waking up to panoramic vistas of the sparkling sea and the iconic Dubai skyline – a daily reality at Luxury Canal Residences.

This architectural marvel, structured as G + P2 + 12 floors, showcases elegant lines and high-end materials, seamlessly integrating with the natural beauty of the surroundings. Luxury Canal Residences offers a resort-style living experience where every detail is meticulously crafted to provide residents with the ultimate in comfort and convenience.

Choose from a diverse selection of meticulously designed residences, including:

  • Stylish Studios
  • Spacious 1-Bedroom Apartments
  • Generously Sized 2-Bedroom Apartments
  • Luxurious 3-Bedroom Apartments
  • Exclusive Penthouses
Each unit boasts premium finishes and interiors designed to balance functionality with opulent luxury. Select residences feature private balconies, allowing you to fully embrace the stunning waterfront location and enjoy the refreshing sea breeze.

Luxury Canal Residences offers more than just exquisite homes; it provides a complete lifestyle experience. Residents will enjoy a wide array of world-class amenities, including:

  • Concierge Service: Providing unparalleled convenience and assistance.
  • A well-equipped fitness center to maintain your health and wellness.
  • A relaxing spa for ultimate rejuvenation.
  • Outdoor recreational spaces, including a basketball court and tennis courts.
  • An inviting infinity pool for refreshing dips.
  • A serene water garden lobby, creating a welcoming atmosphere.
  • 24-hour security, ensuring peace of mind.
  • A wide promenade perfect for leisurely walks along the water's edge.

Prime Location: Located in the vibrant Dubai Islands, Luxury Canal Residences provides easy access to key destinations, including the bustling Dubai Marina and the iconic Palm Jumeirah. Enjoy the best of Dubai's entertainment, dining, and leisure offerings, all within easy reach.

Price Range: Starting from 2,034,000 AED to 10,094,000 AED, Luxury Canal Residences offers a range of options to suit various budgets and preferences. Don't miss the opportunity to own a piece of paradise. Contact us today to learn more and secure your dream home!

Is This Home Your Lifestyle Match?

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Amenities

Concierge Service
Concierge Service

Location

Luxury Canal Residences, Palm Deira, Dubai Islands, Dubai

Expected ROI

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Project presentation

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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