SVN Residences

Key facts

Handover

Q4 2028

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Gymnasium
• Restaurants
• Children's Play Area

Location

SVN Residences sits in Jumeirah Village Circle.

How SVN Residences compares

Entry here is AED 652,777, against a median of AED 715,874 across the 230 priced projects in Jumeirah Village Circle, which puts it above 73 of them and below 156. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q4 2028, alongside 213 other projects completing in the same quarter. Metrical Real Estate Development has 7 projects in our catalogue, 4 of them in Jumeirah Village Circle.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 60% during construction and 30% at handover. The 60% due during construction falls in six instalments of 10%, at 4, 8, 12, 16, 20 and 24 months from booking. At the AED 652,777 entry price, that is AED 65,000 to reserve a unit, AED 392,000 across the build, and AED 196,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 26,000 at this entry price. That 10% booking payment does not go to Metrical Real Estate Development directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

Ownership and residency

SVN Residences is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in studio to 1 bedroom layouts.

What is on site

Shared facilities recorded for SVN Residences are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area.

Frequently asked