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. 337 sales are registered with the Dubai Land Department, at a current PIX© price of AED 960 per sqft. At AED 960 per sqft, Plaza Residences 1 prices 9% below the Jumeirah Village Circle median of AED 1,054 per sqft on registered sales.

PIX© price · ↓1.1% YoY

865KAED

Typical

960AED

PSF

Gross yield

7.7%

PIX© rent ÷ PIX© price

Sale records

337

DLD · all time

Rent contracts

935

Ejari · all time

Location data © OpenStreetMap contributors

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

Nearby · straight-line

Metro stationJumeirah Golf Estates5.9 km

MallCircle Mall1.7 km

SchoolSunmarke School1.6 km

HospitalMediclinic Parkview4.4 km

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

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	4.1 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

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 1 · Plaza Residences 1

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Plaza Residences 1960AED/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	865K	960	↓1.1%	67K	7.7%
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-Wide337 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
28 Sep 2026	Studio	Plaza Residences 1 · Floor 1	394	456,000	1,158	+35.7%	Standard	Standard Sale
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

Rentals - Project-Wide935 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 Nov 2026	1 Bed	Plaza Residences 1 · Floor 1	976	60,000	61	-	Entry Level	CONTRACT
21 Oct 2026	Studio	Plaza Residences 1 · Floor 1	394	48,000	122	-	Premium	CONTRACT
16 Oct 2026	1 Bed	Plaza Residences 1 · Floor 2	945	68,000	72	-	Premium	CERTIFICATE

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Plaza Residences 1

Compared with

Arezzo 2

PIX© PSF

913

Rank

#35 of 58

#34 of 58

Typical price

876K

Yield

8.1%

Units

147

101

Sales

Rents

286

308

Developer

SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Le Grand Chateau AL FARA'A PROPERTIES (LLC) · Completed	187					86	402
	Lucky 1 Residence LUCKY AEON REAL ESTATE DEVELOPMENT · Completed	144					30	342
	Alcove GROVY REAL ESTATE DEVELOPMENT L.L.C · Completed	101					40	163
	Dezire Residences BLUECHIP REAL ESTATE DEVELOPMENT L.L.C · Completed	120					53	345
	Arezzo 2 DAMAC · Completed	101					29	308
35	Plaza Residences 1 SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C · Completed	147	913	Subject	876K	8.1%	80	286
	May Residence 1 MAY REAL ESTATE DEVELOPMENT · Completed	68					52	204
	Laya Residences LAYA DEVELOPERS L.L.C · Completed	164					93	291
	Mulberry 2 DAMAC · Completed	100					50	302
	Summer SEASONS DEVELOPMENT LIMITED · Completed	317					178	825
	Sobha Daffodil SOBHA REALTY · Completed	188					50	425

Community median 1,054 AED/sqft. Showing the closest-ranked peers of 58 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 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.

Lucky 1 ResidenceAED 955/sqft
AlcoveAED 941/sqft
Le Grand ChateauAED 986/sqft
Dezire ResidencesAED 927/sqft
Arezzo 2AED 916/sqft
May Residence 1AED 903/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 960 per sqft, or about AED 865,401 for a typical unit, based on 337 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 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 935 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 -1.1% over the last 12 months, to AED 960, across 337 registered sales.