Residence by Prestige One Jumeirah Village Circle Dubai

Residence by Prestige One is a ground plus five floors and a roof deck low-rise in Jumeirah Village Circle, and it is the only project in this JVC set that is finished. Prestige One Developments completed the handover in early April 2026. The mix is studios, 1 and 2 BHK, with the studio at 472 sq ft and the published range running to 1,191 sq ft.

The launch entry price was AED 562,000 (about Rs 1.45 crore), which works out at roughly AED 1,191 per sq ft - about 12% under JVC's median transacted rate of AED 1,347. That is the figure the sources carry, and it is a launch figure: the building is now handed over, and none of the sources checked publishes current resale asks. Read the rest of this page for what that means for what you would actually pay today.

At a glance

Price and unit pricing

One figure circulates: AED 562,000 as the entry price at launch. No source checked publishes a price list by unit type, and none publishes resale asks now that the building is complete.

The comparison that matters here is different from an off-plan page. JVC's ready-market average is about AED 1,337 per sq ft and studios in the community start around AED 682,000. This building launched at AED 562,000 for 472 sq ft, so the original buyers bought about 12% under the district rate. What a completed unit costs today is set by the seller, not the developer, and the document that settles it is the transfer record at the Dubai Land Department, which you or your agent can pull for this building before you make an offer.

Note the size conflict as well: the published range is 472 to 1,191 sq ft, and one source describes a 1,817 sq ft two-bedroom that does not fit inside it. Take the suite area from the title deed or the floor plan attached to the sale, not from a listing.

Payment plan and total cost

The construction plan was 65/35 - 65% in stages, 35% on handover. That schedule is now history: the keys are out, so a purchase today is a resale, paid in cash or funded with a UAE mortgage, and the entire price plus fees falls due at transfer rather than across years.

Service charges in JVC commonly run AED 10 to AED 18 per sq ft a year, so a 472 sq ft studio here costs AED 4,720 to AED 8,496 annually. The advantage of buying finished is that you can ask the owners' association for the actual invoiced rate for the last year rather than estimating it, and you can see what has been collected and spent. Do that before you sign.

Location and connectivity

Jumeirah Village Circle sits between Al Khail Road and Sheikh Mohammed bin Zayed Road, with Circle Mall as its retail centre. Dubai Marina and JLT are about 15 minutes by road, Mall of the Emirates 10 to 15, Downtown Dubai around 20. Dubai Sports City and Motor City adjoin, and some listings file this project under Sports City rather than JVC - check it against the title deed, because it changes which owners' association and service-charge schedule apply.

JVC has no Dubai Metro station. The Red Line runs along Sheikh Zayed Road and is reached by feeder bus or taxi, and that has not changed in a decade. Buying ready means you can test the commute yourself at 8am on a weekday before you commit, which is the single most useful thing a finished building offers.

Amenities and specifications

The published list is a rooftop deck, an outdoor cinema, a swimming pool, a hot tub, a putting green, a fully equipped gym and electric vehicle charging points. For a ground-plus-five building that is a full amenity set, and the roof deck is the part that does the work in a low-rise with no tower views.

Units are described with built-in appliances, the studio at 472 sq ft, the one-bedroom at about 850 sq ft with a garden area and one parking bay, and a two-bedroom with a larger garden. Since the building is complete, walk the actual unit: what you can see beats any schedule, and the snag list is the seller's to close before transfer.

About the developer

Prestige One Developments has more than thirteen completed residential developments across Dubai as of 2026 and has built over three million sq ft. It handed over Vista in Dubai Sports City and this building in JVC in the same year, and awarded new contracts worth more than AED 500 million alongside those completions. Its brochures claim full occupancy across the completed portfolio.

The delivery record is the useful number: across ten scored projects from 2019 to 2025, roughly 82% were delivered within six months of the announced handover date. This project is in the other 18% - announced for Q1 2025, then 30 November 2025, and handed over in early April 2026, about four months past the second date. The building exists and is occupied, so that slippage is a fact about the developer rather than a risk to you.

For Indian buyers

JVC is designated freehold, so an Indian national can own here in their own name with no residency requirement and no local partner, and the Dubai Land Department issues the title deed. The UAE charges no annual property tax, and a residential sale does not attract VAT - the 4% DLD transfer fee of AED 22,480 at the launch price, the trustee office fee and any agency commission are the whole transaction cost.

Funds move under the Reserve Bank of India's Liberalised Remittance Scheme, USD 250,000 per person per financial year. At about USD 153,000 the entry unit sits comfortably inside one person's allowance with the fees on top, which makes this the easiest of the five JVC projects in this set to fund in a single year.

The purchase is far below the AED 2 million Golden Visa threshold, so this is not a visa buy. What it is instead is the one project here that produces rent from day one. JVC returned about 6.6% gross on transacted values in 2026, with studios at 7 to 8.5% on the secondary market; a studio bought at AED 562,000 needs about AED 39,300 a year, roughly AED 3,280 a month, to reach 7% gross. Deduct the service charge of AED 4,720 to AED 8,496 and letting costs to get to a net figure. Rent earned here is taxable in India on your worldwide income if you are an Indian resident, with foreign tax credit where any is paid; the UAE taxes none of it.

Pros

• Finished and handed over in early April 2026 - no construction risk, no handover date to chase, rent from day one
• The launch entry of AED 562,000 for 472 sq ft is about AED 1,191 per sq ft against JVC's median of AED 1,347
• You can inspect the actual unit, the actual finish and the actual common areas before paying
• The owners' association can give you the invoiced service charge for the past year instead of an estimate
• A ground-plus-five low-rise with a roof deck, pool, hot tub, putting green, gym, outdoor cinema and EV charging

Cons

• AED 562,000 is the launch entry price; no source checked publishes what completed units resell for now
• The handover ran late - announced for Q1 2025, then 30 November 2025, delivered in early April 2026
• Prestige One's own scored record is about 82% of ten projects delivered within six months of the announced date
• Sizes conflict: a published range of 472 to 1,191 sq ft against one source describing a 1,817 sq ft two-bedroom
• Some listings file the project under Dubai Sports City rather than JVC, which changes the association and the service-charge schedule
• No price list by unit type, so the 1 BHK and 2 BHK have never been publicly priced

Who this is for

• Buyers who will not take construction risk and want rent from the first month
• Investors who want to see the finish, the common areas and the service-charge history before paying
• Indian buyers funding a JVC purchase inside one financial year's LRS allowance
• End users who prefer a six-floor building with a roof deck to a 20-storey tower

Who should look elsewhere

• Buyers who want a long instalment plan - the construction schedule is over, so this is cash or a UAE mortgage
• Anyone chasing the AED 2 million Golden Visa threshold
• Investors who need a stamped developer price list, which no longer exists for a completed building
• Buyers who want the pre-handover discount that off-plan in this community still offers

Our verdict

Of the five JVC projects in this set, this is the only one where the building is standing, the keys are out and the rent can start this month. That removes the single biggest risk on every other page here - the date. It also removes the off-plan discount, so the question is not whether the project completes but whether the price you are quoted is fair against JVC's ready market of about AED 1,337 per sq ft.

The launch rate of about AED 1,191 per sq ft was good value and the amenity set is full for a low-rise. Prestige One has thirteen-plus completions behind it, and this one arrived roughly four months past its second announced date, which is a slip worth knowing about but not one that affects a buyer today. Pull the recent transfers for this building from the Land Department, get the invoiced service charge from the association, and inspect the unit. Compare it against Vitality Residence, whose own quarter has passed without confirmation, or against Samana Manhattan 2 if an eight-year plan suits you better than paying at once. Our full Dubai coverage is on the Dubai properties hub and in all our projects.

Talk to Realty Hunting for current asking prices and a viewing.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Residence by Prestige One?

The entry price at launch was AED 562,000, about Rs 1.45 crore or USD 153,000, for a 472 sq ft studio - roughly AED 1,191 per sq ft. The building has since been handed over and none of the sources checked publishes current resale asks, so treat AED 562,000 as the launch figure and check recent transfers at the Dubai Land Department for what units change hands at now.

Is Residence by Prestige One ready to move in?

Yes. Prestige One completed the handover in early April 2026. The announced dates had been Q1 2025 and then 30 November 2025, so it arrived roughly four months after the second date. Because it is finished, you can inspect the unit and the common areas and start letting it immediately.

What was the payment plan for Residence by Prestige One?

65/35 during construction - 65% in stages and 35% on handover. That schedule no longer applies. A purchase today is a completed resale, paid in cash or funded with a UAE mortgage, with the full price plus the 4% DLD transfer fee of AED 22,480 due at transfer.

How big are the apartments at Residence by Prestige One?

The published range is 472 to 1,191 sq ft, with the studio at 472 sq ft and the one-bedroom at about 850 sq ft with a garden area and one parking bay. One source describes a 1,817 sq ft two-bedroom, which sits outside that range, so take the suite area from the title deed or the floor plan attached to the sale.

Who is Prestige One Developments?

A Dubai developer with more than thirteen completed residential projects as of 2026 and over three million sq ft built. It handed over Vista in Dubai Sports City and this building in the same year and awarded more than AED 500 million of new contracts alongside. Across ten scored projects from 2019 to 2025, about 82% were delivered within six months of the announced date.

Is it in JVC or Dubai Sports City?

The project is marketed as Jumeirah Village Circle and some listings file it under Dubai Sports City, which adjoins JVC. The two have different owners' associations and different service-charge schedules, so confirm the community named on the title deed before you buy rather than relying on a listing heading.

What service charge should I expect at Residence by Prestige One?

No source publishes this building's rate. JVC commonly runs AED 10 to AED 18 per sq ft a year, which on a 472 sq ft studio is AED 4,720 to AED 8,496. Because the building is complete, ask the owners' association for the actual invoiced rate for the last year and what it was spent on - an option none of the off-plan projects in this community can offer.

What rental yield can I expect at Residence by Prestige One?

JVC returned about 6.6% gross on transacted values in 2026, with studios at 7 to 8.5% on the secondary market. At the launch price of AED 562,000 a studio needs about AED 39,300 a year, roughly AED 3,280 a month, to reach 7% gross. Deduct the service charge and letting costs for a net figure, and remember your own purchase price sets the yield, not the launch price.

Can an Indian national buy, and does it qualify for a Golden Visa?

JVC is freehold and open to all nationalities, with no residency requirement and no local partner; the DLD issues the title deed in your name. At AED 562,000 the unit is far below the AED 2 million Golden Visa threshold. At about USD 153,000 it fits inside one person's USD 250,000 LRS allowance for a financial year with the fees on top.

Compare with other Dubai projects

Also in Jumeirah Village Circle: Pearl House 2 By Imtiaz (from AED 556,500, ready), The Fifth Tower (from AED 554,000, handover 2026), Samana Waves 2 (from AED 552,636, off-plan) and Five Jumeirah Village (from AED 549,999, ready). See every Jumeirah Village Circle project with prices and handover dates.

More by Prestige One: Vista by Prestige One (from AED 440,000, ready), Seaside by Prestige One (from AED 1,415,000, handover 2026) and Harbour by Prestige One (from AED 1,800,000, handover 2027).

A similar budget elsewhere in Dubai: Azizi Gabriel (from AED 564,000, handover 2028), Azizi Shaista Serviced Residences (from AED 560,000, ready) and Damac Hills (from AED 560,000, ready).

Read next: Apartments for Sale in JVC, Dubai: Prices and Yields · Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.