The Residence By Prestige One in Jumeirah Village Circle
The Residence By Prestige One · Jumeirah Village Circle, Dubai
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Launch Price
AED 665,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
10/55/35
Handover
TBC
Projected Yield
6.6 to 9.1%
The Residence By Prestige One covers studio, 1 - 2 beds configurations in Jumeirah Village Circle, Dubai, from AED 665,000. Buyers pay 10% on booking, 55% across the construction phase, and settle the final 35% on handover. Market conditions in Jumeirah Village Circle support projected gross yields between 6.6 and 9.1 percent per year for this category of off-plan. With entry at AED 665,000, the monthly instalment commitment is within reach for many international buyers. MonthlyDubai matches you for free.
Payment Plan Breakdown
From AED 12,612/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 66,500 Due on signing SPA |
|
| During Construction | 55% | AED 12,612/mo 29 monthly instalments |
|
| On Handover | 35% | AED 232,750 Due at TBC |
|
| Total | AED 665,000 | ||
On Booking
10%
AED 66,500
Due on signing SPA
During Construction
55%
AED 12,612/mo
29 monthly instalments
On Handover
35%
AED 232,750
Due at TBC
Total
100%
AED 665,000
Questions about The Residence By Prestige One
What payment plan does The Residence By Prestige One offer?
The Residence By Prestige One uses a 10/55/35 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether The Residence By Prestige One fits your budget and send you comparable alternatives.
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