The Residence By Prestige One rents
- 37 new leases in 12 months
- 98 units
- Jumeirah Village Circle
- near Dubai Internet City
A studio here leases for about AED 50,000 a year, in line with the typical Jumeirah Village Circle studio.
Studio · typical new lease
50,000AEDa year
AED 107/sqft
- A month, roughly
- AED 4,167
- vs Jumeirah Village Circle studio
- In line with the median
- New leases, 12 months
- 15
What should a lease in The Residence By Prestige One cost?A studio leases for about AED 50,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
Chart data, Studio: 2026, AED 50,000; latest, 2026, AED 50,000; peak, 2026, AED 50,000.
37 contracts starting on or after 12 Oct 2025.
About The Residence By Prestige OneAn 8-floor tower in Jumeirah Village Circle, a 21-minute drive from Dubai Marina
The Residence By Prestige One is an apartment building completed in 2026 by Prestige One Luxury in Jumeirah Village Circle. 37 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 8
- Lifts
- 2
- Parking bays
- 117
- Pools
- 1
- Master developer
- Prestige One Luxury
Drive times · typical
- Downtown
- 25 min · 23 km
- DXB Airport
- 27 min · 31 km
- DIFC
- 22 min · 26 km
- Dubai Marina
- 21 min · 16 km
- Palm Jumeirah
- 27 min · 21 km
Nearest, as registered
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Sports City Swimming Academy
Letting a unit in The Residence By Prestige One?38% of units here signed a yearly lease in 12 months, below the Jumeirah Village Circle median
- Units on a yearly lease
- 38%Fair
- Jumeirah Village Circle median 38%; top tenth from 64%
- Short-let instead, studio
- AED 434
- a night on Airbnb; nets 1.7× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? The Residence By Prestige One sale prices →Comparables in Jumeirah Village Circle
Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Residence By Prestige One places 94th of 206; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Residence By Prestige One.
At studio, The Residence By Prestige One ranks 81st of 160 by rent per square foot and 82nd of 104 by gross yield in Jumeirah Village Circle.
Market context in Jumeirah Village Circle
Registered sales activity
4,341 ready apartment sales in the 12 months to 2026-10-12.
+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.
Explore sales activityPlanned apartment projects
7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.
29 projects had already passed their planned date; 16 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.
Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.
The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Jumeirah Village Circle
Prices per sq ft around The Residence By Prestige One, on the mapPrices per sq ft around The Residence By Prestige One, on the map
Luma Park Views
Jumeirah Village Circle · 390 contracts, 12 months
85,000
AED a year median · 97/sqft
Bloom Towers C
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers B
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers A
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Ask about The Residence By Prestige One
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Common questions
- What is the registered annual rent for a studio in The Residence By Prestige One?
- The median new annual rent is AED 50,000, from 15 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in The Residence By Prestige One?
- 3 sales were registered with the Dubai Land Department in the last 12 months, alongside 15 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to The Residence By Prestige One?
- Dubai Internet City, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.
- What is the rental yield in The Residence By Prestige One?
- The Residence By Prestige One returns 7.4% gross: a median new-contract rent of AED 50,000 a year (15 Ejari contracts in 12 months) over a price benchmark of AED 675,000 (median of 3 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.
- How much does a studio in The Residence By Prestige One cost?
- The median registered sale price is AED 675,000 (1,446 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
For agents
Send this page to a client as a branded report
The Residence By Prestige One rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 13 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Cite as: Dubai Wealth Index. “The Residence By Prestige One rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/the-residence-by-prestige-one
Stable dataJSON