The Place by Prestige One

Key facts

Handover

Q1 2028

Status

Under construction

Construction progress

7%

Ownership

freehold

Property types

apartment

Availability

Sold out

How The Place by Prestige One compares

The Place by Prestige One holds 2 off-plan projects, with a median entry price of AED 700,000. 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 Q1 2028, alongside 128 other projects completing in the same quarter. Prestige One Developments has 15 projects in our catalogue, 2 of them in The Place by Prestige One.

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.

Payment plan

Available units

Amenities

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

Location

The Place by Prestige One sits in Dubai Sports City.

Master plan

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

What you pay, and when

The launch schedule split the price 20% on booking, 45% during construction and 35% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top: about AED 26,000 at this resale price. That 20% booking payment is not paid to Prestige One Developments directly: Dubai's Law 8 of 2007 requires a registered project to hold 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 576 square feet at AED 700,000, which works out at AED 1,215 per square foot. Stated sizes run from 576 to 2,224 square feet.

Handover and construction

Handover is scheduled for Q1 2028. Construction was last recorded at 7% complete.

Ownership and residency

The Place by Prestige One is freehold, which lets a buyer of any nationality own a unit outright and hold the title deed. The cheapest resale listed falls short of the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 3 bedroom units here start at AED 2,200,000 and clear it on their own.

Who it suits

The development is apartments in studio to 3 bedroom layouts. studios start at AED 700,000 and 3 bedroom units at AED 2,200,000, 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

The shared facilities recorded for The Place by Prestige One are the usual Dubai set: indoor swimming pool, landscaped gardens, CCTV security, restaurants, children's play area and barbecue area. 14 floor plans are published for it.

Frequently asked