Market bulletin · Thu, 22 Oct 2026
The Residence By Prestige One: 2 sales worth AED 1.25M in 30 days
The Residence By Prestige One recorded 2 sales worth AED 1.25M in the 30 days to Thu, 22 Oct 2026. Over the last week 2 sales were registered (AED 1.25M), against 0 the week before.
By market over 12 months: off-plan resales 42.9%, secondary (ready) sales 57.1%.
In Jumeirah Village Circle, The Residence By Prestige One ranked #11 of 11 leading projects by 12-month sales value; it is developed by Prestige One. Its first registered sale was on 12 September 2023.
Leases registered in the last three months had a median annual rent of AED 68K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 1 | 0 |
| Jan 26 | 0 | 1 | 0 |
| Dec 25 | 0 | 1 | 0 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 1.25M | — | — |
| Last 3 months | 2 | — | AED 1.25M | — | — |
| Last 6 months | 2 | down 60.0% | AED 1.25M | — | — |
| Last 12 months | 7 | up 133.3% | AED 5.22M | 1,387 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 3 | 43% | — | — | — |
| Secondary (ready) | 4 | 57% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 7 | 100% | AED 675K | 1,387 | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
- Leases (12M)
- 40
- New leases
- 100%
- Median rent 3M
- AED 68K
- Rent/sqft 3M
- AED 94
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 12 | AED 50K | AED 50K | 107 |
| 1 BR | 16 | AED 72K | AED 72K | 88 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 650K | Studio Apartment · 469 sqftThe Residence By Prestige One · Jumeirah Village Circle | 22 Oct |
| AED 600K | Studio Apartment · 469 sqftThe Residence By Prestige One · Jumeirah Village Circle | 16 Oct |
Questions about The Residence By Prestige One
How many properties were sold in The Residence By Prestige One in the last year?
7 sales worth AED 5.22M were registered in the last 12 months: 0% developer off-plan, 43% off-plan resales and 57% secondary (ready) sales.
What is the average rent in The Residence By Prestige One?
The median annual rent on leases registered in the last three months was AED 68K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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