Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

The Residence By Prestige One

A 2 bed in The Residence By Prestige One costs a median AED 1.64M and rents long-let for AED 123,000/yr (7.53% gross) — +0.2 pts vs Jumeirah Village Circle's 7.33% and +0.6 pts vs Dubai's 6.97% — from 6 sales and 7 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
0 in 12 months
Rental contracts · 2 bed
7 in 12 months
Buy
1.64MAED
AED 1,060/sqft
Long-let
7.53%
AED 123,000/yr

Priced off the last 5 sales — most recent May 2025.

Yield spread
+0.2 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 93
Sales
6
Rental contracts
7
Short-let listings seen

Based on 6 sales and 7 rental contracts in the last 24 months.

The Residence By Prestige One is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 212 registered sales in all — the 6 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 662,50014197.69%
-0.7 pts
+3.8%4
1 bedAED 976,00012077.38%
-0.4 pts
3
2 bedAED 1.64M10607.53%
+0.2 pts
6

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 2 bed: Priced off the last 5 sales — most recent May 2025.

Short-let rates around The Residence By Prestige One

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4340.93AED 99,132AED 50,0002.0×14.96%10+
1 bed500m4830.60AED 105,491AED 72,0001.5×10.81%17+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.57 AED/night/sqft; latest Sep 2027, 0.4 AED/night/sqft; peak Dec 2026, 0.67 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because The Residence By Prestige One itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Residence By Prestige One between 2023 and 2026 went for a median of AED 1,215/sqft (AED 976,000). The same building resells today at AED 1,207/sqft (AED 990,000) — an uplift of +0.0%.

Based on 103 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

DateTypeSqftPriceAED/sqft
26 Aug 20261 bed791AED 950,0001,200

1 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed791AED 68,00086New
22 Aug 2026Studio469AED 50,000107New
14 Aug 2026Studio469AED 50,000107New
6 Aug 20261 bed866AED 72,00083New
1 Aug 20262 bed1,318AED 127,00096New
1 Aug 20261 bed818AED 77,00094New
1 Aug 20262 bed1,320AED 120,00091New
28 Jul 2026Studio469AED 60,000128New
21 Jul 20261 bed819AED 72,00088New
10 Jul 2026Studio469AED 48,000102New
10 Jul 2026Studio469AED 50,000107New
9 Jul 20262 bed1,332AED 120,00090New
5 Jul 20261 bed819AED 73,00089New
4 Jul 2026Studio469AED 52,000111New
1 Jul 2026Studio469AED 55,000117New
1 Jul 20262 bed1,318AED 123,00093New
1 Jul 2026Studio469AED 45,00096New
1 Jul 2026Studio469AED 46,15498New
27 Jun 2026Studio469AED 47,000100New
26 Jun 20261 bed791AED 72,00091New
20 Jun 20262 bed1,320AED 123,00093New
11 Jun 20262 bed1,319AED 125,00095New
5 Jun 20261 bed819AED 75,00092New

23 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
8
Lifts
2
Parking bays
117
Swimming pools
1

Nearby

Metro
Dubai Internet City
Mall
Mall of the Emirates
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in The Residence By Prestige One?
The Residence By Prestige One returns 7.53% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 7 rental contracts registered in the last 24 months.
How much does a 2 bedroom in The Residence By Prestige One cost?
The median registered sale price is AED 1.64M (1,060 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
How does The Residence By Prestige One compare with Jumeirah Village Circle?
Its 7.53% gross yield sits +0.2 pts against the Jumeirah Village Circle median of 7.33%, computed at the same bedroom grain over the same 24-month window.
How many apartments change hands in The Residence By Prestige One?
6 sales were registered with the Dubai Land Department in the last 24 months, alongside 7 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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

The Residence By Prestige One sale record

Record type
Building-level property market record
Data date
Evidence base
6 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/the-residence-by-prestige-one
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Residence By Prestige One sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/the-residence-by-prestige-one.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.