Prestige One in Dubai: the seven projects and why Coastal Haven suits a Canadian buyer
Prestige One is the developer Orven highlights first in its Dubai selection, with seven verified projects. Why Coastal Haven's confirmed 20/80 payment plan works well for a Toronto, Vancouver or Montreal-based buyer, and how to reserve from Canada.
A buyer who wants a plan that fits into two dates on a calendar
Canadian buyers who contact Orven tend to ask a specific question early: how many payments, and when. Coming from a market where a mortgage schedule is fixed and predictable, an off-plan payment plan spread across several construction milestones can feel harder to budget for than it needs to be. Coastal Haven, developed by Prestige One on Dubai Islands, answers that directly with a confirmed 20/80 plan: 20% at reservation, 80% at handover, with nothing in between to track.
Seven projects from one developer
| Project | District | Unit types | Payment plan |
|---|---|---|---|
| Coastal Haven | Dubai Islands | 1 to 3 bedrooms + penthouses | 20% booking, 80% handover |
| Hilton Residences | Dubai Maritime City | 1 to 3 bedrooms + penthouses | 20% booking, 40% construction, 40% handover |
| Luxury Canal Residences | Dubai Islands | 1 to 3 bedrooms + penthouses | 20% booking, 45% construction, 35% handover |
| FAUCHON Résidences | Jumeirah Garden City | Studios and 1 to 3 bedrooms | 20% booking, 40% construction, 40% handover |
| Sanctuary Residences | Meydan Horizon | 1 to 3 bedrooms | 20% booking, 45% construction, 35% handover |
| Golf Residences | Dubai Sports City | 2 and 3 bedrooms | 20% booking, 20% construction, 60% handover |
| The Waterway by Prestige One | Meydan Horizon | 1 and 2 bedrooms | On request |
Six of the seven active projects publish a 20% booking payment, but only Coastal Haven confirms the remaining 80% as a single handover instalment. Our full developer profile covers all seven without any company-level figures: Orven does not publish Prestige One's founding date or the number of homes it has delivered.
Why Coastal Haven fits a first purchase from Canada
Coastal Haven sits on Dubai Islands, 16 minutes from Dubai International Airport and 25 minutes from Downtown Dubai. Published amenities include an infinity pool, a wellness and spa area, a fitness centre and an outdoor cinema. Unit types run from one to three bedrooms plus penthouses. No rental yield is published for the project: treat any figure you hear elsewhere as an illustration, not a developer commitment.
The 20/80 structure means a Toronto or Vancouver-based buyer plans for exactly two wire transfers rather than three or more spread across the build. Our dedicated guide to the 20/80 plan and our Coastal Haven project guide for Canadian buyers walk through both projects on Dubai Islands side by side.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Reserving from Canada without travelling
- Send your budget and preferred unit type on WhatsApp to +971 52 776 1939 or to sales@orvenproperties.com.
- Your Orven adviser replies with currently available units at Coastal Haven and the exact schedule for the active sales phase.
- The reservation form and sale agreement are signed electronically, with a copy of your passport.
- The 20% reservation payment is wired to the project's escrow account, held at a UAE bank and controlled by the Dubai Land Department.
- Oqood registration is completed, and you track construction progress remotely through the DLD's Project Status Enquiry service until handover.
A Canadian bank applies its own compliance checks on an international wire of this size, particularly a first payment to a new overseas beneficiary. Ask your bank in advance what documentation it needs for a real estate payment abroad, rather than discovering a hold after the fact.
If your profile is different
A buyer who prefers a plan spread across three milestones, rather than two, will find that structure at Hilton Residences or FAUCHON Résidences, both published at 20/40/40. A family looking for a two or three-bedroom home exclusively can compare Golf Residences, at Dubai Sports City, with its 20/20/60 schedule. The Waterway remains the only Prestige One project in the selection without a published payment plan at this stage.
What to confirm with your own adviser
- Canadian tax treatment of rental income earned in Dubai and of any future resale gain: the UAE applies no personal tax on either, but your Canadian tax situation is worth confirming with an accountant.
- Bank financing for the handover instalment, if you plan to use it: available to some non-residents, always subject to the lender's approval.
- The exact cancellation terms and final payment schedule written into your sale agreement, which override any earlier estimate.
Before you commit
Our guide to investing in Dubai from Canada covers the full process for a Toronto, Vancouver or Montreal-based buyer. The five questions to ask before signing in Dubai is worth reading before any commitment.
Send your budget on WhatsApp at +971 52 776 1939 or to sales@orvenproperties.com. An adviser replies with the Coastal Haven units currently available, their price of the day and the exact payment schedule.
FAQ
Why does Orven recommend Coastal Haven first for a Canadian buyer? Because its confirmed 20/80 payment plan is the simplest of the seven Prestige One projects to budget for from abroad. That does not make the other six projects less suitable for a different budget or priority.
Is the 20/80 plan published for other Prestige One projects too? No. It is confirmed only for Coastal Haven. The other active projects spread the balance across three instalments, except The Waterway, whose schedule remains on request.
Do I need to travel to Dubai to reserve at Coastal Haven? No. Reservation, electronic signature and the wire transfer to the escrow account are all completed remotely from Canada.
Will my Canadian bank ask questions about a wire of this size? Yes, as it would for any international wire of this amount to a new beneficiary. Confirm the required documentation with your bank before initiating the transfer.
Is rental income from a Coastal Haven unit taxed in the UAE? Not at the individual level. Canadian tax on income earned abroad may still apply: confirm with your own tax adviser.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
Why does Orven recommend Coastal Haven first for a Canadian buyer?
Because its confirmed 20/80 payment plan is the simplest of the seven Prestige One projects to budget for from abroad. That does not make the other six projects less suitable for a different budget or priority.
Is the 20/80 plan published for other Prestige One projects too?
No. It is confirmed only for Coastal Haven. The other active projects spread the balance across three instalments, except The Waterway, whose schedule remains on request.
Do I need to travel to Dubai to reserve at Coastal Haven?
No. Reservation, electronic signature and the wire transfer to the escrow account are all completed remotely from Canada.
Will my Canadian bank ask questions about a wire of this size?
Yes, as it would for any international wire of this amount to a new beneficiary. Confirm the required documentation with your bank before initiating the transfer.
Is rental income from a Coastal Haven unit taxed in the UAE?
Not at the individual level. Canadian tax on income earned abroad may still apply: confirm with your own tax adviser.
Continue reading
Developers
Modon Properties in Abu Dhabi: Muheira and Nawayef East compared
Modon Properties currently has two projects in Orven's Abu Dhabi collection: Muheira on Al Reem Island and Nawayef East on Al Hudayriyat Island. Here is how they compare, and what Modon publishes on ownership and the Golden Visa.
Read the guide →Developers
Aldar Properties in Abu Dhabi: the three projects in Orven's collection
Aldar Properties is behind three of the nine Abu Dhabi projects in Orven's current collection, all on Saadiyat and Yas Islands. Here is what each one publishes.
Read the guide →
Developers
NEXT Group in Batumi: its four projects in the Orven collection
NEXT Group holds four projects in the Orven Batumi collection, from NEXT Gardens to Wyndham Residences. Entry budgets, payment plans and hotel brands, project by project.
Read the guide →
Developers
RAK Properties in Ras Al Khaimah: five projects across two locations
Lunara, Cape Hayat, Nura, Skai and Anantara Residences Mina span Al Marjan Island and Mina Al Arab. What each project confirms today, side by side, and how the two locations compare.
Read the guide →INVESTOR GUIDES