Reemah Elite Real Estate
AI Advisor
Projects·Dubai·Jumeirah Village Circle (JVC)
The Residence by Prestige One, apartments in Jumeirah Village Circle (JVC), Dubai, by Prestige One Developments
Off-PlanApartments

The Residence by Prestige One

Jumeirah Village Circle (JVC) · Dubai · by Prestige One Developments
Details are indicative, confirm with our desk before transacting
Price from
AED 562K
entry price
Bedrooms
Studio-2BR
Apartments
Handover
Q1 2025
Off-Plan
Est. gross yield
On ask

The Residence by Prestige One is an apartment development by Prestige One Developments in Jumeirah Village Circle (JVC), Dubai. The project offers Studio to 2BR homes. Unit sizes run from 472 to 1,822 sqft. Launch pricing starts at AED 562,000. The published payment plan is 65/35: 10 percent on booking, 55 percent during construction, 35 percent on handover. Handover is scheduled for Q1 2025. Amenities include gym or health club, swimming pool, kids play area, lawn or garden, barbeque area. Dubai is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 562,000
  • 65/35 payment plan
  • Handover Q1 2025
  • Studio-2BR homes
Payment structure
65/35
Modelled on entry price AED 562K
Booking / down payment10% · AED 56,200
During construction55% · AED 309,100
On handover35% · AED 196,700

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at The Residence by Prestige One: the down payment plus government and trustee costs, before the mortgage question.
Down payment10%
AED 56,200
DLD fee4%
AED 22,480
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 83,180
Down payment 10% + DLD 4% + trustee. Indicative, not financial advice.
Location
Jumeirah Village Circle (JVC) · Dubai
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P1
Developer
Prestige One Developments
Boutique developer · Independent, fast-growing Dubai developer; debut project Vista (Dubai Sports City) reported sold out in 2024, with roughly ten off-plan projects launched · since 2021
Track record →
Data provenance

Details for The Residence by Prestige One are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Prestige One Developments’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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