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.
Price history
Every recorded sale in The Residence By Prestige One, by year.
Chart data: Sep 2023, 1239 AED/sqft; latest, Aug 2026, 1210 AED/sqft; peak, Jan 2026, 1446 AED/sqft.
Yield by bedroom type
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
- 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
Nightly rate per sqft through the year
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
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
Recent transactions
As filed with the Land Department — data to 2026-08-26.
Sales
1 resales in the last 3 months.
Rental contracts
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.
- Highest rental yields in Jumeirah Village Circle · The Residence By Prestige One places 122nd of 199
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.
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
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.