Fauchon Residences

Key facts

Handover

Q3 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

Fauchon Residences sits in Jumeirah Garden City.

How Fauchon Residences compares

Entry here is AED 1.4M, against a median of AED 1.0M across the 34 priced projects in Jumeirah Garden City, which puts it above 27 of them and below 6. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q3 2028, alongside 95 other projects completing in the same quarter. Prestige One Developments has 15 projects in our catalogue.

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 5% on booking, 35% during construction and 60% at handover. At the AED 1,380,000 entry price, that is AED 69,000 to reserve a unit, AED 483,000 across the build, and AED 828,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 55,000 at this entry price. That 5% booking payment does not go to Prestige One Developments 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

Fauchon 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 2 bedroom layouts.

What is on site

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

Frequently asked