The Residence By Prestige One
Dubai · Jumeirah Village Circle · District 12 · The Residence By Prestige One
The Residence By Prestige One is an apartment development by Prestige One Developments in District 12, Dubai. The project is sold out, and resale units start at AED 695,000. Homes are studio to 2 bedroom apartments, from 472 to 1,822 square feet. The development is complete, with handover recorded for Q4 2025. Ownership is freehold.
Key facts
- Handover (past)
- Q4 2025
- Status
- Ready
- Ownership
- freehold
- Property types
- apartment
- Availability
- Sold out
How The Residence By Prestige One compares
Entry here is AED 589,899, against a median of AED 733,200 across the 38 priced projects in District 12, which puts it above 7 of them and below 30. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q4 2025, alongside 136 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.
Payment plan
Standard
10%
Down payment
55%
During construction
35%
On handover
Available units
| Type | Area (sqft) | Bathrooms | Layouts | Starting price |
|---|---|---|---|---|
| Studio | 472 | 1 | 1 | AED 589,899 |
| 1 bedroom | 779 - 862 | 1 - 2 | 7 | AED 1,016,044 |
| 2 bedroom | 1,191 - 1,822 | 3 - 4 | 6 | AED 1,487,432 |
Amenities
- Health Club
- Indoor Swimming Pool
- Landscaped Gardens
- Retail Facilities
- Gymnasium
- Restaurants
- Children's Play Area
Location
The Residence By Prestige One sits in Jumeirah Village Circle.
Distance to landmarks (straight line)
- Dubai Marina8.0 km
- Expo City Dubai12 km
- Business Bay15 km
- Al Maktoum International Airport (DWC)19 km
Straight-line distance from the project's coordinates, not a drive time.
Master plan
The developer’s own site plan for The Residence By Prestige One, showing how the buildings, roads and open space sit together.
What you pay, and when
The launch payment plan was 10% on booking, 55% during construction and 35% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.
Registration with the Dubai Land Department adds 4% of the purchase price, roughly AED 28,000 at this resale price. That 10% 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 472 square feet at AED 589,899, which works out at AED 1,250 per square foot. Stated sizes run from 472 to 1,822 square feet.
Handover and construction
The Residence By Prestige One reached handover in Q4 2025.
Ownership and residency
The Residence By Prestige One is freehold, which lets a buyer of any nationality own a unit outright and hold the title deed. The 10 year UAE golden visa has a property threshold of AED 2,000,000, which the cheapest resale listed does not reach.
Who it suits
The development is apartments in studio to 2 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.
What is on site
Among the shared facilities recorded for The Residence By Prestige One are health club and retail facilities, alongside the indoor swimming pool, landscaped gardens, gymnasium, restaurants and children's play area that most Dubai developments carry. 14 floor plans are published for it.
Frequently asked
Can you still buy at The Residence By Prestige One?+
The Residence By Prestige One is sold out from the developer, and resale units are listed from AED 695,000.
When does The Residence By Prestige One hand over?+
The Residence By Prestige One is complete, with handover recorded for Q4 2025.
What is the payment plan at The Residence By Prestige One?+
The launch plan at The Residence By Prestige One was 10% on booking, 55% during construction and 35% at handover. The developer has sold out, so a purchase now is a resale from a private owner and the terms are whatever the two sides agree.
What sizes are available at The Residence By Prestige One?+
The Residence By Prestige One is apartments in studio to 2 bedroom layouts, from 472 to 1,822 square feet.
Can a foreign buyer own a home at The Residence By Prestige One?+
The Residence By Prestige One is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed is below the AED 2,000,000 threshold for the 10 year UAE golden visa.
Which community is The Residence By Prestige One in?+
The Residence By Prestige One is in District 12, Dubai. We track 38 projects in District 12.
Who is building The Residence By Prestige One?+
The Residence By Prestige One is developed by Prestige One Developments, who have 15 projects in our catalogue.
Before you commit
Ask about The Residence By Prestige One
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Related off-plan projects
Others in District 12, then more from Prestige One Developments.
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The Residence By Prestige One is an off-plan development by Prestige One Developments in Jumeirah Village Circle, priced from AED 589,899. See more Prestige One Developments projects or all 38 off-plan projects in District 12. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.