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The Residence by Prestige One

Jumeirah Village Circle (JVC) , Dubai

AED 562,000
≈ AED 562,000
Construction Progress83%
Bedrooms
Studio
Size
472 sqft
Price/Sqft
AED 1,191

Description

Located in the heart of Jumeirah Village Circle (JVC), The Residence offers a collection of studio, 1 and 2 apartments. This off-plan development by Prestige One Developments in District 12 JVC combines adventure and beauty, granting access to premium landmarks, destinations and amenities. Its architecture boasts unique designs and aesthetics, enhancing your living experience.

Upon completion, residents will enjoy a wide range of exciting amenities and services, including entertainment venues, sports grounds, running tracks and picnic spots. The Residence is conveniently close to famous landmarks, fitness zones, sports facilities, lush green leisure areas, academic institutions and shopping malls, offering all kinds of luxuries.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden
Barbeque Area

Property Details

Property TypeApartment
ProjectThe Residence by Prestige One
CommunityJumeirah Village Circle (JVC)
CompletionOff-Plan - Q1 2025
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 562,000
DLD Fee (4%)AED 22,480
Trustee FeeAED 4,200
Agency (2%)AED 11,240
Total InvestmentAED 599,920

Expected Annual Returns

Expected Annual RentAED 40,464
Service Charges (Est)-AED 7,080
Net Annual IncomeAED 33,384
Net Annual ROI5.6% (after expenses)
Payback Period18.0 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa17.1 km
Dubai Mall17.3 km
Dubai Airport (DXB)26.9 km
Mall of the Emirates7.6 km
Dubai Marina8.4 km