When is the Luxury Canal Residences handover date?
Short answer
Prestige One gives Q1 2028 as the Luxury Canal Residences handover date, and the DLD register holds a completion date of 30 November 2027. The latest DLD inspection, on 30 June 2026, recorded 17.71% progress, up from 9.54% in March. Meeting the registered date would need about 4.8 points a month, roughly twice the recent pace, and Data Habibi records the original promise as Q4 2027.
Registered completion date
30 Nov 2027
DLD project register via Continental Club
Latest DLD construction progress
17.71%
DLD inspection, 30 Jun 2026
Developer's stated date
Q1 2028
Prestige One project page, accessed 11 Oct 2026
Date at launch
Q4 2027
Data Habibi, accessed 11 Oct 2026
Luxury Canal Residences handover date: the latest position
Prestige One gives Q1 2028 as the handover date for Luxury Canal Residences, and the DLD register holds a registered completion date of 30 November 2027. Full project details are on the Luxury Canal Residences page.
The building was 17.71% complete at the DLD inspection on 30 June 2026. To finish by 30 November 2027, the remaining 82.29 points would need about 4.8 points a month over 17 months. Between March and June 2026 the pace was about 2.5 points a month. At that pace the building would reach 100% well after Q1 2028, so the next inspection is the main test of either date.
Luxury Canal Residences handover date by building
Luxury Canal Residences is one building, G+2P+12+Roof, with 73 homes.
| Building | Construction progress (DLD, date) | Registered completion date | Developer or portal date |
|---|---|---|---|
| Luxury Canal Residences (73 units, DLD project 3568) | 17.71% (30 Jun 2026) | 30 Nov 2027 | Q1 2028 (Prestige One project page); November 2027 (Prestige One construction page); Q4 2027 (Ezre) |
Prestige One shows two different dates on its own site, which is why buyers see both 2027 and 2028 quoted.
How the Luxury Canal Residences handover date has changed
| Date | Event | Source |
|---|---|---|
| Launch | Original delivery promise Q4 2027 | Data Habibi |
| 19 May 2025 | Listings quote handover in Q1 2028 | Kotook |
| 29 May 2025 | Groundbreaking announced with Coastal Haven | Prestige One |
| 1 Jul 2025 | Registered construction start | DLD register via Continental Club |
| 23 Mar 2026 | DLD inspection: 9.54% | DLD register via Continental Club |
| 30 Jun 2026 | DLD inspection: 17.71%; registered completion 30 November 2027 | DLD register via Continental Club |
| Oct 2026 | Prestige One project page gives Q1 2028 | Prestige One |
The shift from Q4 2027 to Q1 2028 is a single quarter. The registered date has not been moved to match.
What the Luxury Canal Residences handover date means for payments
The plan is 20% on booking, 45% during construction and 35% on handover (Continental Club and Impala Real Estate). Prestige One describes it as 65% before handover. By the time of completion, buyers will have paid 65% of the price. The final 35% is about AED 884,000 on the median 2 bedroom sale of AED 2,525,116 and about AED 594,000 on the median 1 bedroom sale of AED 1,696,800. If handover moves to Q1 2028 or later, that payment moves with it.
What to check before relying on the Luxury Canal Residences date
- The date written in the SPA. Prestige One quotes both November 2027 and Q1 2028.
- The grace period after that date, given that the registered date needs about twice the recent build pace.
- The next DLD inspection after June 2026, to see whether progress has picked up.
Questions buyers also ask
What is the Luxury Canal Residences completion date?
The DLD register holds 30 November 2027 for Luxury Canal Residences (DLD project 3568), via Continental Club with the registry updated 7 September 2026. Prestige One's construction update page also shows November 2027.
Has the Luxury Canal Residences handover date been delayed?
By one quarter so far. Data Habibi records the original promise as Q4 2027 and the current target as Q1 2028. Prestige One's project page now gives Q1 2028.
How far along is Luxury Canal Residences?
17.71% at the DLD inspection on 30 June 2026, up from 9.54% on 23 March 2026. The register gives 1 July 2025 as the construction start date.
How much is due at the Luxury Canal Residences handover?
35% of the price. On the median 2 bedroom DLD sale of AED 2,525,116, that is about AED 884,000; on the median 1 bedroom sale of AED 1,696,800, about AED 594,000.