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The Residence by Prestige One

Jumeirah Village Circle (JVC) Prestige One Developments

Sold-out JVC archive: boutique low-rise, launch pricing from AED 589,899 and a more refined rental-led profile than average.

Handover: Dec 2024 From 589 899 AED Updated: Apr 1, 2026
Project fully sold out This project is fully sold out. The page stays online so you can compare the area, the developer and the original price positioning with similar projects still available today.

Project snapshot

Updated: Apr 1, 2026
Project type Off-plan
Status Sold out
Handover Dec 2024
From price 589 899 AED

Project overview

The Residence by Prestige One remains a particularly useful sold-out archive for understanding how Prestige One first positioned itself in JVC. Where many district projects rely on scale and limited differentiation, The Residence leaned into a more boutique, low-rise and residential feel.

For investors, that archive matters because it shows that in JVC, the difference is not made by price alone. Product scale, intimacy, common-area quality and everyday comfort can create a better perception even inside a highly competitive neighbourhood.

Why this project deserves attention

Strengths

The big strength was scale. A smaller, more boutique building with studios to 2-bedroom homes can appeal to buyers and tenants who like JVC but do not want a large anonymous tower. That difference in feel can help both leasing and resale.

Limitations

The limitation remains the district itself, where supply is abundant and comparables are everywhere. An archive like this does not change the reality that JVC is demanding on pricing, charges and true plan quality.

Who it suits

It suits investors who want to understand what the better product forms in JVC look like, especially when the scheme is smaller and more residential. It is also useful as a benchmark against Berkeley Square and other newer Prestige One choices.

Apartment types

Public sources refer to studios, 1-bedroom and 2-bedroom homes. That mix fits the JVC logic well: smaller units for investors, intermediate formats for residents trying to stay within a controlled budget.

Amenities

The project appears to have offered an amenity package strong enough to support its boutique image without turning into excess. As an archive, that mainly helps remind investors that good JVC stock is often defined by the balance between real comfort and manageable charges.

Investment potential

Rental potential

Rental potential in a scheme like The Residence comes from readability: small and mid-sized units, a known district and a more intimate building profile. As a comparable, it helps estimate how boutique stock can defend itself against larger, more mass-market towers in JVC.

Capital appreciation potential

The appreciation logic does not come from absolute scarcity, but from better relative resilience. In JVC, projects that age well, lease easily and preserve a good perception can defend value better than the broader crowd.

What an investor should verify

As an archive, the best use is to compare it with current launches in the district: plan quality, building scale, charges, amenity level and product storytelling. It is a good benchmark for deciding whether a newer scheme truly adds something.

About the developer

The Residence shows a useful side of Prestige One: the ability to create a credible premium-light product in a saturated district. That is exactly why the archive deserves to stay visible.

This page stays useful as a benchmark for the area, the developer and the project’s original price positioning.

Project fully sold out
For currently available options, compare nearby launches or ask for an updated shortlist in the same area or price range.

Location

The Residence by Prestige One is located in Jumeirah Village Circle (JVC), developed by Prestige One Developments.

For a deeper district breakdown, see the dedicated area guide. Read the Jumeirah Village Circle (JVC) area guide

Even sold out, the project remains useful as a benchmark against nearby options still on the market. Current public markers: pricing shown from 589 899 AED, handover guidance around Dec 2024, a payment plan of 10 / 55 / 35. It remains useful for comparison against nearby launches still on the market.

Continue exploring this opportunity

The Residence by Prestige One is your anchor point. Compare nearby live launches, see what else Prestige One Developments has on market, then widen the benchmark by budget band, handover horizon and payment-plan logic before you enquire.

6 next steps
Area scan

More live launches in Jumeirah Village Circle (JVC)

3

Rotate through nearby launches to compare entry price, delivery timing and project positioning in the same micro-market.

Developer view

More live launches by Prestige One Developments

3

See how this opportunity sits inside the developer pipeline, with a different mix of areas, ticket sizes and handover timing.

Payment logic

Projects with similar payment-plan logic

3

Use this bucket when instalment rhythm matters as much as location: booking weight, construction cadence, handover balance and post-handover exposure.

Budget band

Projects in a similar budget band

3

Keep the ticket size stable while you compare area, developer and delivery trade-offs.

Delivery horizon

Projects with a similar handover horizon

3

Useful when the timing of cashflow, completion and market entry matters more than the exact community match.

Investor reading

Guides to keep open before enquiring

3

Keep one practical reference open for DLD fees, Oqood, developer selection, ROI framing or exit strategy.

FAQ

What is the starting price for The Residence by Prestige One?
The Residence by Prestige One is currently displayed from 589 899 AED. Exact pricing still depends on the units that remain open, so the live price list should always be reconfirmed before booking.
When is handover for The Residence by Prestige One?
The page currently frames handover around Dec 2024. As with any off-plan launch, the final timeline should be checked against the latest developer documents and the SPA.
What payment plan is shown for The Residence by Prestige One?
The page shows 3 payment milestones with a quick read of 10 / 55 / 35. The contractual schedule and SPA milestones remain the final point of reference.
Where is The Residence by Prestige One located?
The Residence by Prestige One is located in Jumeirah Village Circle (JVC), within the current offer of Prestige One Developments. The area guide and comparable launches shown on this page help you benchmark fit, demand and surrounding competition.
Is The Residence by Prestige One still available?
No. The project is shown as fully sold out. The page stays live so you can still compare the area, the developer and the original positioning against launches that are still available today.
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