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. An off-plan project of apartments in Jumeirah Village Circle, priced below the Jumeirah Village Circle median.
01 / Transactions
Latest The Residence By Prestige One transactions
| Property | PricePer sq ft | Specs | Recorded | Open |
|---|---|---|---|---|
| AED 520,000AED 1,109 per sq ft | Studio469 sq ft | 22 Oct 2026Mortgage | ||
| AED 650,000AED 1,387 per sq ft | Studio469 sq ft | 22 Oct 2026Sale | ||
| AED 480,000AED 1,024 per sq ft | Studio469 sq ft | 16 Oct 2026Mortgage | ||
| AED 600,000AED 1,280 per sq ft | Studio469 sq ft | 16 Oct 2026Sale | ||
| AED 2,000,000AED 1,514 per sq ft | 2 beds1,321 sq ft | 18 Sept 2026Sale |
123 more records
Guests see the latest 5 transactions of each project and community. Create an account to see all 128.
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 111 market sales from 12 Sept 2023 – 22 Oct 2026, at a median price of AED 976,000 (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 | 38 | 581.8K AED | 1,386 | |
1 bedroom | 39 | 976K AED | 1,204 | |
2 bedrooms | 34 | 1.55M 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 / monthly
The Residence By Prestige One price history
Monthly 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 |
|---|---|---|---|
| Sept 2023Total AED 23,487,517 | 30 | AED 645,000 | — |
| Oct 2023Total AED 7,946,842 | 10 | AED 581,801 | — |
| Nov 2023Total AED 10,911,143 | 14 | AED 634,800 | — |
| Dec 2023Total AED 22,458,144 | 18 | AED 1,183,360 | — |
| Feb 2024Total AED 16,254,673 | 13 | AED 1,350,000 | — |
| Mar 2024Total AED 5,456,500 | 4 | AED 1,467,500 | — |
| May 2024Total AED 4,997,250 | 3 | AED 1,630,000 | — |
| Jun 2024Total AED 1,558,065 | 1 | AED 1,558,065 | — |
| Sept 2024Total AED 3,380,867 | 2 | AED 1,690,434 | — |
| Oct 2024Total AED 1,634,150 | 1 | AED 1,634,150 | — |
| Nov 2024Total AED 1,650,000 | 1 | AED 1,650,000 | — |
| Apr 2025Total AED 1,770,000 | 1 | AED 1,770,000 | — |
| May 2025Total AED 1,200,000 | 1 | AED 1,200,000 | — |
| Aug 2025Total AED 650,000 | 1 | AED 650,000 | — |
| Dec 2025Total AED 680,000 | 1 | AED 680,000 | — |
| Jan 2026Total AED 650,000 | 1 | AED 650,000 | AED 1,386/sqft |
| Feb 2026Total AED 675,000 | 1 | AED 675,000 | AED 1,440/sqft |
| Apr 2026Total AED 1,966,000 | 2 | AED 983,000 | AED 1,220/sqft |
| Aug 2026Total AED 950,000 | 1 | AED 950,000 | AED 1,200/sqft |
| Sept 2026Total AED 4,830,000 | 3 | AED 1,900,000 | AED 1,171/sqft |
| Oct 2026Total AED 1,250,000 | 2 | AED 625,000 | AED 1,333/sqft |
05 / Nearby
Other projects in Jumeirah Village Circle
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 1,428 | 633K AED | 1,228 | ||
02 | 1,175 | 590K AED | 1,160 | |
| 1,112 | 631.87K AED | 898 | ||
| 1,104 | 690K AED | 1,369 | ||
| 1,066 | 650.94K AED | 1,468 | ||
| 1,017 | 731.69K AED | 1,025 | ||
| 909 | 796K AED | 1,357 | ||
08 | 869 | 1.01M AED | 1,220 | |
| 851 | 650K AED | 1,600 | ||
| 847 | 1.08M 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.