PropertyIndex

The Residence By Prestige One

Under Construction · Due Q1 2025 · 60%|98 units · 1 building

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The Residence By Prestige One is an under-construction apartment development by PRESTIGE ONE LUXURY REAL ESTATE L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 98 registered units. 105 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,193 per sqft. At AED 1,193 per sqft, The Residence By Prestige One prices 18% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 4.9% YoY
950KAED
Typical
1,193AED
PSF
Gross yield
9.2%
PIX© rent ÷ PIX© price
Sale records
105
DLD · all time
Rent contracts
23
Ejari · all time
The Residence By Prestige One

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
469 – 1,830 sqft
98950K1,1934.9%88K9.2%
Studio · Apartment
469 sqft
32
1 Bed · Apartment
791 – 866 sqft
35
2 Bed · Apartment
1,180 – 1,830 sqft
31
Sales — Project-Wide105 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
23 Apr 20261 BedFloor 3791976,0001,2330.0%StandardPayment Plan Sale
23 Apr 20261 BedFloor 1820990,0001,2070.0%StandardPayment Plan Sale
22 Feb 2026StudioFloor 2469675,0001,440+16.0%StandardOff-Plan Sale
Rentals — Project-Wide23 Ejari contracts
PIX© rent analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Aug 2026StudioFloor 246950,000107Standardnew
6 Aug 20261 BedFloor G86672,00083Entry Levelnew
1 Aug 20261 BedFloor 181877,00094Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about The Residence By Prestige One

Answered from Dubai Land Department registered transactions.

How much does a property in The Residence By Prestige One cost?

Property in The Residence By Prestige One sells at a current PIX© price of AED 1,193 per sqft, or about AED 950,342 for a typical unit, based on 105 sales registered with the Dubai Land Department.

When is The Residence By Prestige One handing over?

The Residence By Prestige One is under construction, due q1 2025, and is 60% complete against the Dubai Land Department's reported progress.

Who is the developer of The Residence By Prestige One?

The Residence By Prestige One is developed by PRESTIGE ONE LUXURY REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Residence By Prestige One?

The Residence By Prestige One yields 9.2% gross, calculated from current PIX© rent against current PIX© sale price, across 23 registered Ejari contracts.

How many units are in The Residence By Prestige One?

The Residence By Prestige One holds 98 registered units, per the Dubai Land Department unit register.

Have prices in The Residence By Prestige One gone up or down?

Price per sqft has risen +4.9% over the last 12 months, to AED 1,193, across 105 registered sales.