SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C

Plaza Residences 1

Completed|147 units · 1 building

Plaza Residences 1 is a completed development by SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 147 registered units. 336 sales are registered with the Dubai Land Department, at a current PIX© price of AED 920 per sqft. At AED 920 per sqft, Plaza Residences 1 prices 11% below the Jumeirah Village Circle median of AED 1,036 per sqft on registered sales.

PIX© price · ↓6.6% YoY

875KAED

Typical

920AED

PSF

Gross yield

8.0%

PIX© rent ÷ PIX© price

Sale records

336

DLD · all time

Rent contracts

921

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai22 min · 20.0 km

DXB Airport27 min · 32.8 km

DIFC27 min · 24.0 km

Dubai Marina22 min · 15.5 km

Palm Jumeirah22 min · 17.4 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 15.9 km

MallWest Zone Fresh Supermarket | Jumeirah Village Circle (JVC)

SchoolSwimio0.5 km

HospitalDr Sherif Ezzat Aly0.4 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 1

…

Studio on Floor 1, Plaza Residences 1

Size
Record: Oct 2012 to Jun 2026
Owners: 5
Tenants: 7
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
7Tenant 7	5 Jun 2026		Owner 5
6Tenant 6	10 Nov 2025		Owner 5
5Tenant 5	24 Dec 2022	2.9 yrs	Owner 5
5Owner 5	4 Oct 2022	4.0 yrs	Current owner Sold with tenant in place
4Tenant 4	24 Dec 2021	12 mo	Renewal Owner 4
4Tenant 4	24 Dec 2020	12 mo	Owner 4
3Tenant 3	1 Aug 2019	12 mo	Renewal Owner 4
3Tenant 3	1 Aug 2018	12 mo	Owner 4
2Tenant 2	25 Jun 2017	12 mo	Renewal Owner 4
2Tenant 2	25 Jun 2016	12 mo	Owner 4
4Owner 4	10 Dec 2014	7.8 yrs	Sold with tenant in place
Owner 3	18 Sep 2014		Title registered Sold with tenant in place
1Tenant 1	1 Jun 2014	2.1 yrs	Owner 3
3Owner 3	23 Jan 2014	11 mo
2Owner 2	5 Nov 2013	3 mo
1Owner 1	10 Oct 2012	13 mo

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Studio · Floor 1 · Plaza Residences 1

Nightly rateAED

Occupancy (237 nights)

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Plaza Residences 1920AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 371 - 2,251 sqft	147	875K	920	↓6.6%	70K	8.0%
Residential
Studio · Apartment 371 - 820 sqft	43
1 Bed · Apartment 771 - 1,291 sqft	53
2 Bed · Apartment 1,206 - 2,251 sqft	31
3 Bed · Apartment 1,914 - 2,216 sqft	11
Commercial
Shop 611 - 1,484 sqft	9	-	-	-

Sales - Project-Wide336 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 Jun 2026	Studio	Plaza Residences 1 · Floor 1	493	480,000	975	+47.7%	Standard	Standard Sale
21 May 2026	1 Bed	Plaza Residences 1 · Floor 1	963	640,000	665	-24.7%	Standard	Standard Sale
20 Apr 2026	2 Bed	Plaza Residences 1 · Floor 3	1,504	1,450,000	964	+26.1%	Standard	Standard Sale

Rentals - Project-Wide921 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Oct 2026	Studio	Plaza Residences 1 · Floor UG	479	37,000	77	-	Entry Level	CONTRACT
26 Sep 2026	Studio	Plaza Residences 1 · Floor 1	371	38,000	102	-	Entry Level	CONTRACT
10 Sep 2026	2 Bed	Plaza Residences 1 · Floor 2	1,384	76,125	55	-	Entry Level	CERTIFICATE

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Plaza Residences 1

Compared with

Gardenia 2

PIX© PSF

864

Rank

#43 of 58

#42 of 58

Typical price

883K

Yield

8.1%

Units

147

102

Sales

Rents

281

261

Developer

SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Gardenia 1 DAMAC · Completed	106					36	315
	Sandoval Gardens BAVARIA GULF SANDOVAL LIMITED · Completed	165					55	339
	Mulberry 2 DAMAC · Completed	100					50	295
	Florence 1 DAMAC · Completed	73					30	231
	Gardenia 2 DAMAC · Completed	102					48	261
43	Plaza Residences 1 SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C · Completed	147	864	Subject	883K	8.1%	80	281
	Sobha Daffodil SOBHA REALTY · Completed	188					52	432
	Dana Tower TIGER PROPERTIES · Completed	154					92	253
	Siena 2 DAMAC · Completed	89					28	289
	Lavender 1 DAMAC · Completed	84					29	235
	Autumn 2 SEASONS DEVELOPMENT LIMITED · Completed	193					84	473

Community median 1,036 AED/sqft. Showing the closest-ranked peers of 58 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 152 excluded for trading only in the off-plan market. 2 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Arezzo 2AED 916/sqft
Dezire ResidencesAED 927/sqft
Laya ResidencesAED 909/sqft
May Residence 1AED 903/sqft
AlcoveAED 944/sqft
Gardenia 1AED 881/sqft

Common questions about Plaza Residences 1

Answered from Dubai Land Department registered transactions.

How much does a property in Plaza Residences 1 cost?

Property in Plaza Residences 1 sells at a current PIX© price of AED 920 per sqft, or about AED 874,852 for a typical unit, based on 336 sales registered with the Dubai Land Department.

Is Plaza Residences 1 completed?

Yes. Plaza Residences 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Plaza Residences 1?

Plaza Residences 1 is developed by SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Plaza Residences 1?

Plaza Residences 1 yields 8.0% gross, calculated from current PIX© rent against current PIX© sale price, across 921 registered Ejari contracts.

How many units are in Plaza Residences 1?

Plaza Residences 1 holds 147 registered units, per the Dubai Land Department unit register.

Have prices in Plaza Residences 1 gone up or down?

Price per sqft has fallen -6.6% over the last 12 months, to AED 920, across 336 registered sales.