The Residence By Prestige One

1. Does it pay a good rent?7.5% gross, before the service charge (not on file) (Dubai median 6.8%)7.5%Fair
2. Is it easy to let?38% of units signed a yearly lease in 12 months; the typical Jumeirah Village Circle building manages 38%38%Fair

   Across 228 Jumeirah Village Circle buildings with 40 or more units, the median signed annual leases on 38% of units in 12 months and the top tenth on 64% or more; The Residence By Prestige One is at 38%.

3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
4. How fast do fees pay back?AED 62,943 in fees to buy a 1 bed; rent covers it in 0.9 years0.9 yrs
5. Can I sell easily?9 sales in 12 months, 9% of the tower (4 the year before)9Fair
6. Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
7. Did earlier buyers gain?Up 2% for launch buyers, before fees+1.6%Context

6 resales in the last 12 months, against 34 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 1 bed, The Residence By Prestige One has registered sale prices 10% below the Jumeirah Village Circle median price per square foot of 1,332 AED, across 299 eligible buildings. It ranks 198th of 299 by price per square foot and 77th of 162 by gross yield in Jumeirah Village Circle.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  4 registered sales in 12 months; thin, a single deal moves the median
  Read with care
• Rental evidence · 1 bed
  13 new and 0 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  The Residence By Prestige One: recorded complete 2026-03-27 · register data to 2026-07-06
  On record
• Developer
  Prestige One Luxury · delivery record
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 17 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in The Residence By Prestige One?

The Residence By Prestige One returns 7.5% gross: a median new-contract rent of AED 72,000 a year (13 Ejari contracts in 12 months) over a price benchmark of AED 963,000 (median of 4 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in The Residence By Prestige One cost?

The median registered sale price is AED 963,000 (1,204 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How does The Residence By Prestige One compare with Jumeirah Village Circle?

Its 7.5% gross yield sits +0.1 pts against the Jumeirah Village Circle median of 7.4%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

What is the registered annual rent for a 1 bedroom in The Residence By Prestige One?

The median new annual rent is AED 72,000, from 13 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.

Does The Residence By Prestige One earn more short-term than long-let?

A night asks a median of AED 483, which models to 9.4% net at an assumed 70% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.5% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.