Sanctuary by Prestige One

Key facts

Handover

Q4 2028

Status

Under construction

Ownership

leasehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

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

Location

Sanctuary by Prestige One sits in Meydan.

Master plan

The developer’s own site plan for Sanctuary by Prestige One, showing how the buildings, roads and open space sit together.

How Sanctuary by Prestige One compares

Entry here is AED 1.8M, against a median of AED 1.2M across the 79 priced projects in Meydan, which puts it above 68 of them and below 10. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2028, alongside 213 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 launch payment plan was 20% on booking, 45% during construction and 35% at handover. The 45% due during construction fell in eight instalments of 5% to 10%, at 90, 120, 270, 360, 450, 540, 630 and 720 days from booking. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 74,000 at this entry price. That 20% 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.

What the entry price works out at

The cheapest unit with a published size is 648 square feet at AED 1,840,000, which works out at AED 2,840 per square foot. Stated sizes run from 648 to 2,571 square feet.

Ownership and residency

Units here are leasehold rather than freehold, so ownership runs for a fixed term rather than in perpetuity. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,990,000 and clear it on their own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 1,840,000 and 3 bedroom units at AED 4,780,000, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

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

Frequently asked