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Asking price against DLD sales of comparable units near The Residence By Prestige One
Asking prices from the catalogue; sold prices from the Dubai Land Department
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See what sold nearbyDLD-registered sales in The Residence By Prestige One
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 23 Apr 2026 | The Residence By Prestige One | 820 sq ft | AED 990K | 1,207 |
| 23 Apr 2026 | The Residence By Prestige One | 791 sq ft | AED 976K | 1,233 |
| 23 Feb 2026 | The Residence By Prestige One | 467 sq ft | AED 675K | 1,446 |
| 21 Jan 2026 | The Residence By Prestige One | 467 sq ft | AED 650K | 1,392 |
| 29 Dec 2025 | The Residence By Prestige One | 467 sq ft | AED 680K | 1,456 |
| 7 Aug 2025 | The Residence By Prestige One | 467 sq ft | AED 650K | 1,393 |
| 27 May 2025 | The Residence By Prestige One | 1,322 sq ft | AED 1.2M | 908 |
| 7 Apr 2025 | The Residence By Prestige One | 1,618 sq ft | AED 1.77M | 1,094 |
DLD sales transactions · The Residence By Prestige One · Sep 2024 – Apr 2026
Area trend for Jumeirah Village Circle (JVC)
| Dec 2025 | AED 1,584/sq ft |
|---|---|
| Jan 2026 | AED 1,507/sq ft |
| Feb 2026 | AED 1,466/sq ft |
| Mar 2026 | AED 1,521/sq ft |
| Apr 2026 | AED 1,604/sq ft |
| May 2026 | AED 1,450/sq ft |
| Jun 2026 | AED 1,473/sq ft |
| Jul 2026 | AED 1,411/sq ft |
DLD sales transactions · Jumeirah Village Circle (JVC) · monthly medians · Dec 2025 – Jul 2026
Jumeirah Village Circle (JVC)
| Factor | Detail | |--------|--------| | Developer | Prestige One Luxury Real Estate | | Location | Jumeirah Village Circle (JVC), Dubai | | Status | Under Construction — Q4 2025 | | Unit Types | Studio, 1BR, 2BR, 3BR Apartments + 4BR Villas + Retail | | Payment Plan | 20% Down / 40% During Construction / 40% On Handover | | Amenities | Swimming Pool, Gymnasium, Kids Play Area, 24/7 Security, Parking | | Views | Community Views | | Investment Thesis | Diverse JVC unit mix at accessible entry pricing; 4BR villa component for family market |
Jumeirah Village Circle is Dubai's highest-transaction-volume residential district for a reason that is both simple and structural: it occupies the geographic midpoint between Dubai's western lifestyle corridor (Marina, Palm, JBR) and its eastern commercial hub (Downtown, DIFC, Business Bay), at a price point accessible to the largest demographic of Dubai's professional working population.
From JVC, a professional working at DIFC drives 20–25 minutes. A colleague at Dubai Internet City or Media City drives 15 minutes. Someone commuting to Jebel Ali Free Zone reaches their destination in 20–25 minutes. This multi-directional accessibility creates demand from employment sectors distributed across Dubai's entire economic geography — and this diversified demand is what makes JVC's vacancy rates consistently below the Dubai average.
The Residence by Prestige One enters this proven market with a product stack designed to capture multiple buyer and tenant profiles within a single development: from the studio investor targeting maximum yield to the family seeking a 4-bedroom villa within JVC's community infrastructure.
The most distinctive element of The Residence by Prestige One's product mix is the 4-bedroom villa component — a unit type that represents a tiny fraction of JVC's overwhelmingly apartment-dominated housing stock.
JVC has approximately 200+ residential towers and complexes, but standalone or semi-standalone villa configurations within tower developments number in the single digits across the entire community. This scarcity creates a specific market dynamic: families seeking 4-bedroom space in JVC have almost no options within the community — they either accept a large 3BR apartment or relocate to villa communities (Arabian Ranches, Villanova, Mudon) that are typically further from the employment centres that make JVC attractive.
A 4BR villa within The Residence by Prestige One — maintaining JVC's connectivity and community infrastructure while delivering villa-format space and garden access — addresses this gap directly. For end-user buyers, it provides a product that simply doesn't exist in JVC at equivalent price tiers. For investors, the scarcity of 4BR villa product in JVC creates a structurally thin competing supply base — fewer alternatives for the tenant means lower vacancy risk and stronger negotiating position on annual rent.
Prestige One positions in JVC's boutique developer segment — a growing cohort of mid-sized developers who compete on product quality and design rather than scale. The "Luxury Real Estate" designation in the developer's name reflects an aspiration to deliver above-standard specification at accessible JVC price points.
The Q4 2025 delivery timeline represents a near-term completion — investors who acquire at the current off-plan stage hold for less than 12 months before handover, reducing the construction-holding-period risk compared to projects with 2027–2028 delivery timelines. Near-term delivery also means the DLD title registration and rental income commencement timeline is compressed, accelerating the return on invested capital relative to longer-dated off-plan alternatives.
The entry investment tier. Studios of this type typically attract single professionals and young couples employed in the Dubai Internet City, Media City, and TECOM cluster (15 minutes away) or the JAFZA/Dubai South logistics corridor (20–25 minutes).
1-Bedroom Apartments The core JVC investor unit. The 1BR tier serves both long-term tenants (young professionals, couples) and the short-term furnished rental market that JVC's central location supports during Dubai's peak tourism and events season.
2-Bedroom Apartments Family and couple accommodation. The 2BR tier is the family entry point for JVC's growing population of parents who want community infrastructure (children's play areas, parks, nearby schools) at JVC's accessible price tier.
3-Bedroom Apartments Large-family apartment configuration. Three-bedroom apartments in JVC serve the family market that is priced out of villa communities but requires more space than a 2BR delivers for families with multiple children or those who work from home and need a dedicated office room.
4-Bedroom Villas As discussed above, the development's rarest and most strategically distinctive offering. The villa format — private garden access, multi-level living, enclosed outdoor space — addresses a lifestyle need that JVC's apartment stock fundamentally cannot serve. For the family that wants JVC connectivity but insists on private outdoor space for children and the psychological experience of villa-style living, The Residence by Prestige One's 4BR villa is one of the few options available within the community at this price tier.
Retail Space Ground-floor commercial units serving the building's resident population and the surrounding JVC community. Well-positioned retail — coffee shops, convenience stores, beauty services, laundry — creates a built-in commercial revenue stream for commercial space investors and significantly improves the daily convenience for residents who can access routine services without a vehicle.
Swimming Pool The outdoor pool is JVC's primary non-park outdoor leisure infrastructure for building residents. With no community beach and limited natural water features in the surrounding area, the in-building pool carries proportionally higher lifestyle value for JVC residents than in beach-adjacent communities. During Dubai's comfortable outdoor months (November–April), the pool becomes the primary outdoor social zone for residents — particularly families with children who use the pool area as a supervised recreation space.
Gymnasium A standard fitted gym with cardio and resistance equipment serving the professional resident base. The western corridor employment demographic (media, technology, healthcare) that forms JVC's primary tenant population has above-average gym utilisation — early morning sessions before the commute and evening sessions after work are peak periods that generate consistent gym usage throughout the week.
Children's Play Area Essential for the family demographic targeted by the 3BR and 4BR units. An in-building play area with safe, age-appropriate equipment allows parents to supervise children's outdoor play without leaving the building perimeter — a practical amenity for families with toddlers and young children who need structured outdoor time.
24/7 Security Continuous building monitoring and access control. For investor-owners renting to families, consistent security provision is a standard expectation that supports the building's positioning as a family-friendly residential address.
JVC's internal road network and the connecting Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44) provide the multi-directional connectivity that defines the community's investment case:
| Destination | Drive Time | |-------------|-----------| | Dubai Marina | 15–20 min | | Palm Jumeirah | 15–20 min | | Mall of the Emirates | 10–12 min | | Downtown Dubai | 20–25 min | | DIFC | 20–25 min | | Dubai Internet City | 12–15 min | | Jebel Ali Free Zone | 20–25 min | | Dubai International Airport | 25–30 min | | Al Maktoum Airport (DWC) | 25–30 min |
JVC's internal community environment — landscaped medians, community parks, school zones, and retail clusters — creates a neighbourhood-within-city character that families appreciate and that supports above-average tenant retention relative to communities where daily life requires vehicle trips for every activity. The Circle Mall within JVC provides comprehensive retail and dining without requiring a trip to the broader Dubai mall network.
20/40/40 Structure
The near-term Q4 2025 completion means the construction-phase installment period is approximately 12–18 months from an early-2024 launch — a shorter construction holding period than most Dubai off-plan projects, reducing opportunity cost and uncertainty.
The 4BR villa component is the development's most strategically distinctive offering in a JVC market where this product type is genuinely scarce — family buyers who cannot find villa-format options within JVC at accessible pricing represent a demand segment with fewer alternatives than any other JVC buyer profile.
For investors seeking entry-level JVC yield from a near-term delivery with minimal remaining construction risk, and for families who want villa-format space in JVC's community context without relocating to more remote villa districts, The Residence by Prestige One addresses both needs within a single development at pricing that represents JVC's consistently proven investment fundamentals.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
The Residence By Prestige One by Prestige One Development in Jumeirah Village Circle (JVC) starts from AED 589,899. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
The Residence By Prestige One offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
The Residence By Prestige One is scheduled for completion in Q4 2025. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
The Residence By Prestige One by Prestige One Development in Jumeirah Village Circle (JVC) offers strong investment potential. Jumeirah Village Circle (JVC) is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
The Residence By Prestige One is developed by Prestige One Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
The Residence By Prestige One offers world-class amenities including Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking. These amenities are designed to provide residents with a premium lifestyle experience.