The Residence · Dubai

Highlights

Realiste rating

3 awards

Building rating ?

B-

handover

Q3-2024

Area from

472 ft²

price from

562000 AED

floors

G+5+R

service charge

12 AED sqft + 3 AED per sqft balcony

Property type

Apartments

The Residence by Prestige One Developments is in the heart of JVC. The lively outdoor space and unique amenities allow residents to relax and live their best life from the comfort of their homes.

Each suite is designed with contemporary comfort and elegance in mind. Stunning views, spacious spacious spaces and exquisite furnishings are complemented by views of nearby green spaces and the Dubai skyline.

Conditions for the unit resale

The minimum amount of payment
for subsequent resale
20%+4% DLD
The payment plan
Transferable

Non-profit service

Dubai ID*
✔
Bank account*
✔

Furniture

- Chiller (Dewa)
- White goods/ Kitchen Appliances (Siemens)
- Smart Home System

Convenience and security

- Outdoor Cinema
- Floor Fountains
- Swimming Pool
- Sunbeds
- EV Charging
- Parks and Gardens
- Gymnasium
- Outdoor Kids Play Area
- Barbeque Areas

Availability of greenery and water

Greenery
JVT Community Park
JVC Halfa Park
Sports City
Water
-

Accessibility by car

Dubai Autodrome
9 minutes
Mall of the Emirates
18 minutes
Palm Jumeirah
18 minutes
Dubai Marina
22 minutes
Downtown Dubai
25 minutes
Burj Khalifa
25 minutes
Jumeirah Beach
25 minutes
Dubai International Airport
30 minutes

Realiste AI ratings

Building class

Middle class

208 place of 365 Projects

Price affordability

Affordable

124 place of 358 Projects

Price compared to area average

Same

213 place of 354 Projects

Average price sqft

High price

259 place of 362 Projects

Building attractivenes in area

Not attractive

288 place of 364 Projects

Access to parks in area

Medium

86 place of 212 Projects

Development level

Medium developed

132 place of 363 Projects

Forecast for 3 years

High growth

81 place of 362 Projects

Realiste Choice

Good potential

138 place of 365 Projects

Economy

Middle

Luxury

Building class

Price affordability

Price compared to area average

Average price sqft

Building attractivenes in area

Access to parks in area

Development level

Forecast for 3 years

Realiste Choice

Building class

208 place of 365

Middle

75%

Economy

Luxury

Price affordability

124 place of 358

Affordable

363 USD/ft²

Not affordable

Location and infrastructure

Highlights of The Residence

City: Dubai
Project: The Residence
Building class: 75% - Middle
Price affordability: 363 USD/ft² - Affordable
Price compared to area average: 13.3% - Same
Average price sqft: 320 USD/ft² - High price
Building attractivenes in area: 0.45 - Not attractive
Access to parks in area: 23.1% - Medium
Development level: 44.3% - Medium
Forecast for 3 years: +27.6% - High growth
Realiste Choice: 812 - Good