Project
The Residence By Prestige One
The Residence by Prestige One is a six-storey residential building in JVC District 12, Jumeirah Village Circle, Dubai. A project with off-plan and ready sales of apartments in Jumeirah Village Circle, priced below the Jumeirah Village Circle median.
Small sample (10 sales): medians may move significantly with new data.
01 / Transactions
All The Residence By Prestige One transactions
02 / About
About The Residence By Prestige One
The Residence by Prestige One is a six-storey residential building in JVC District 12, Jumeirah Village Circle, Dubai.
The Residence by Prestige One at a glance
- Area
- JVC District 12
- Developer
- Prestige One Luxury Real Estate
- Architect
- The architectural consultant was Model Engineering Consultants
- Contractor
- The foundation work was carried out by SPF Soiltec
- Storeys
- 6 storeys
Homes, design and facilities
The apartments have floor-to-ceiling windows, spacious layouts, en-suite bathrooms and come with high-end appliances.
- barbecue areas
- bicycle storage
- cabanas
- electric vehicle charging stations
- a fitness centre
- his and hers locker rooms
- an outdoor cinema
- a putting green
- rooftop terraces
- a sundeck
- swimming pool and Jacuzzi
Getting around
- Dubai Mall
- 27 min
- Palm Jumeirah
- 21 min
- Burj Al Arab
- 23 min
- The Walk JBR
- 26 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in September 2023. The estimated handover date was March 2025. The project was completed in Apr 2026.
- Construction Started
- September 2023
- Estimated Completion
- March 2025
- Construction Finished
- April 2026
Nearby neighbourhoods
- Victory Heights1.5 km
- Sports City1.6 km
- Motor City2.2 km
- Arjan2.3 km
The Residence By Prestige One recorded 10 market sales from 21 Jan 2026 – 22 Oct 2026, at a median price of AED 940,000 (AED 1,257/sqft). The Residence By Prestige One's median price per sqft (AED 1,257/sqft) is 14% below the Jumeirah Village Circle median (AED 1,467/sqft).
03 / Prices
The Residence By Prestige One prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
Studio | 4 | 650K AED | 1,386 | |
1 bedroom | 4 | 963K AED | 1,204 | |
2 bedrooms | 2 | 1.95M AED | 1,276 |
04 / Rents
Renting in The Residence By Prestige One
Medians of the 42 market rents (one property, about a year) among 43 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 69,000
- Per sqft / yr
- AED 94/sqft
- Gross yield
- 7.5%
Market pulse / weekly
The Residence By Prestige One price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 19 Jan 2026Total AED 650,000 | 1 | AED 650,000 | AED 1,386/sqft |
| Week of 16 Feb 2026Total AED 675,000 | 1 | AED 675,000 | AED 1,440/sqft |
| Week of 20 Apr 2026Total AED 1,966,000 | 2 | AED 983,000 | AED 1,220/sqft |
| Week of 24 Aug 2026Total AED 950,000 | 1 | AED 950,000 | AED 1,200/sqft |
| Week of 7 Sept 2026Total AED 2,830,000 | 2 | AED 1,415,000 | AED 1,105/sqft |
| Week of 14 Sept 2026Total AED 2,000,000 | 1 | AED 2,000,000 | AED 1,514/sqft |
| Week of 12 Oct 2026Total AED 600,000 | 1 | AED 600,000 | AED 1,280/sqft |
| Week of 19 Oct 2026Total AED 650,000 | 1 | AED 650,000 | AED 1,387/sqft |
05 / Nearby
Other projects in Jumeirah Village Circle
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 596 | 1.19M AED | 2,256 | ||
| 263 | 1M AED | 1,484 | ||
03 | 235 | 1.02M AED | 1,451 | |
| 168 | 1.39M AED | 1,614 | ||
| 166 | 1.11M AED | 1,564 | ||
| 163 | 657.02K AED | 1,501 | ||
| 157 | 1.33M AED | 1,639 | ||
| 110 | 1.09M AED | 1,384 | ||
| 108 | 1.17M AED | 1,350 | ||
| 99 | 1.2M AED | 1,611 |
06 / Talk to us
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A registered project can include several buildings or phases, so these figures cover the whole project.