Search
The Residence by Prestige One
For Sale Prestige One Developments Apartment Handover Q4 2024

Dubai, Jumeirah Village Circle (JVC)

The Residence by Prestige One

View 3 layouts

Price

AED 1,648,750

Type

Apartment

Layouts

3Unit types

Handover

Q4 2024

Down payment

10%On booking

Overview

About The Residence by Prestige One

Project general facts
The Residence conveys Prestige One Developments’ fervent passion and unwavering commitment to well-detailed and designed buildings. Its interiors exude an air of elegance, thoughtfully integrated with elements of convenience that cater to the demands of contemporary, fast-paced lifestyles. Complemented by a vibrant outdoor environment and an array of distinctive amenities, The Residence offers an opportunity to enjoy an incomparable living experience. The Residence, envisioned by an acclaimed architectural firm, unites contemporary design with a focus on liveability. Its dynamic exterior transitions to striking, clean lines, creating a noteworthy landmark. Thoughtfully designed to embrace the sweeping views of the Dubai skyline and neighbouring green spaces, the building features one-of-a-kind spaces conducive to long-term living.

The Residence embodies a sophisticated design philosophy, with interiors that are both refined and contemporary. Soothing neutral hues meld with natural light to create an ambience that is tranquil and luxurious. Meticulous craftsmanship radiates calmness and serenity, allowing residents to effortlessly relax and recharge within the space.

Finishing and materials
Meticulously handpicked, the materials utilised in The Residence were chosen for their innate textures and exceptional quality. A refined assortment of exquisite marble, polished metal, and rustic stone weaves a visually appealing palette across the building’s interior.

Kitchen and appliances
Kitchen is equipped with high-end appliances

Furnishing
No

Location description and benefits
Real estate in Jumeirah Village Circle is one of the most sought-after housing options. It is popular among both potential tenants and investors. About 2,000 housing units are available in the complex, which includes huge villas, townhouses, studio flats, and multi-bedroom apartments in high-rise buildings. There are still plenty of under-construction facilities. JVC is home to cutting-edge mid-rise buildings and renowned hotels. The Nakheel company, the project’s developer, aimed to create a space that was pleasant for living as well as resting and unwinding. There are three nurseries, a university, a school, a hospital, and a shopping mall. There are numerous green zones and parks with playgrounds in the area. Because of this, renting out a residence in JVC is a fantastic idea. Rental income brings in 6.8%, one of the highest rates in Dubai, the United Arab Emirates. There will undoubtedly be a park close by, regardless of the residence or apartment you reside in. After all, 33 parks are spread out in a small housing complex with an area of 8 km². Some of them are rather small and are only suitable for a playground or benches under trees. However, some of them like Circle Community Park or JVC Community Park, can be referred to as completely green parks. There are green spaces here for people of all ages. The housing development features dog parks and playgrounds. Since there is also a pet-friendly cafe where pets are welcome, the location is perfect for pet owners overall.

Payment Plan
  • 10% payment: On booking
  • 10% payment: 1 month after booking
  • 10% payment: 3 months after booking
  • 10% payment: 6 months after booking
  • 10% payment: 9 months after booking
  • 10% payment: 12 months after booking
  • 5% payment: 15 months after booking
  • 35% payment: Upon Handover

Amenities

What’s inside the community

Cabanas & Sunbeds
Fitness centre
Outdoor Kids Play Area
Roof Deck & Outdoor Cinema
Sunken Seating & Deck Areas
Swimming Pool & Hot Tub

Location

Dubai, Jumeirah Village Circle (JVC)

Units & pricing

3 layouts available

Studio

-

1 Bedroom

-

2 Bedroom

AED 1,648,750 — AED 1,864,150 Golden Visa eligible

Investment case

Where the numbers land

Golden Visa

AED 2M

Threshold met on the larger units

Units at or above AED 2M clear the property threshold for the 10-year UAE Golden Visa. Smaller layouts on this project do not — the eligible ones are marked in the units list above.

Entry price

1,648,750

Lowest entry on this project

The starting price across all available layouts from Prestige One Developments.

Handover

Q4 2024

Off-plan horizon

Payment is staged against construction through to handover, starting at 10% on booking.

Developer

Prestige One Developments

This project is developed by Prestige One Developments. Handover is scheduled for Q4 2024.