Prestige Harbour Real Estate Development L.L.C

Prestige Harbour has two buildings live on Central Island: Coastal Haven and Luxury Canal Residences. They are a newer developer without a delivery record on the islands, so these get weighed on the building, the price and the terms, and the two buildings are priced far enough apart that they suit very different buyers.

Coastal Haven is the accessible one, priced from around AED 2.5M at AED 3,095 per sq.ft, above the island median of AED 2,445 but within reach of the mid-market. Luxury Canal Residences is a different proposition entirely, from about AED 4.6M at AED 5,680 per sq.ft, which is near the very top of the price range on Dubai Islands. That is a big gap for one developer, so do not let the Coastal Haven price frame your expectations of Luxury Canal; they are separate decisions.

Both are small buildings at 73 units each, which is a genuine plus, since a small building on Central Island usually means a quieter address and a shallower pool of competing units when you rent or sell. Both are dated Q4 2027 for handover. Coastal Haven runs a buyer-friendly 70/30 plan, deferring 30 percent to handover, which softens its above-median price. Confirm the plan on Luxury Canal directly, as the source does not list it and at that price point the payment structure matters a great deal.

My honest read. Coastal Haven is the more defensible of the two: a small building, a soft 70/30 plan and a price that, while above the median, is not extreme. Luxury Canal at AED 5,680 per sq.ft is a top-of-market bet on a newer developer, and at that number you are relying entirely on the specific unit, the canal position and the finish being genuinely exceptional, because you have no completed Prestige Harbour building to reassure you. I would want to see the actual unit and the delivered-quality evidence before paying a top-quartile-plus price to an unproven name. For most buyers, Coastal Haven is where the sensible value sits.

Coastal Haven is priced from AED 2.5M at AED 3,095 per sq.ft. That is 27% above the Dubai Islands apartment median of AED 2,445, a gap of AED 650 per foot, which puts it in the top quarter of island pricing. On its 70/30 payment plan, that entry price splits into about AED 1.75M committed across construction and AED 750K due at handover. Budget roughly another 6 to 7 per cent to complete, around AED 163K: the 4 per cent Dubai Land Department fee, trustee and admin, the first year of service charge and snagging. At this price the registered value clears the AED 2M threshold for the 10-year Golden Visa. Handover is dated Q4 2027, the building holds 73 units, sized 808 to 4,492 sq.ft, currently selling. View the full listing →

Luxury Canal Residences is priced from AED 4.6M at AED 5,680 per sq.ft. That is 132% above the Dubai Islands apartment median of AED 2,445, a gap of AED 3,235 per foot, which puts it in the top quarter of island pricing. Budget roughly another 6 to 7 per cent to complete, around AED 299K: the 4 per cent Dubai Land Department fee, trustee and admin, the first year of service charge and snagging. At this price the registered value clears the AED 2M threshold for the 10-year Golden Visa. Handover is dated Q4 2027, the building holds 73 units, sized 810 to 4,430 sq.ft, currently selling. View the full listing →