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
5 photos of The Residence by Prestige One. Renders and photography supplied by Prestige One Developments.
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 project by Prestige One Developments in Jumeirah Village Circle (JVC), Dubai with Studio-2BR layouts. The AED 562,000 entry carried a Q1 2025 handover, a date that has since passed. At AED 562,000 it is the 17th lowest entry of the 255 priced Jumeirah Village Circle (JVC) projects we track, under the Jumeirah Village Circle (JVC) median of AED 776,000. Entry runs to AED 78,680 before registration charges: AED 56,200 at 10 percent on booking, plus AED 22,480 in transfer fee.

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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