Dubai project data

The Residence By Prestige One: rents and rent contracts

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Registered sales and rent contracts for the project The Residence By Prestige One in Jumeirah Village Circle, from Dubai Land Department open data.

The Residence By Prestige One (Jumeirah Village Circle): 32 registered rent contracts in the 12 months to September 2026, median annual rent AED 70,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
9
no comparison vs previous 12 months
Median price per sq ft
AED 1,233 per sq ft
no comparison vs previous 12 months
Gross rental yield
under 30 sales (6)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in The Residence By Prestige One

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan3AED 1,446 per sq ft1,392 – 1,456
Ready6AED 1,200 per sq ft1,171 – 1,233

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

Rents and rental yield in The Residence By Prestige One

Median annual rent
AED 70,000
Middle range of registered annual rents: AED 50,000 – AED 77,000
Gross rental yield
under 30 sales (6)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 6 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in The Residence By Prestige One

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio3AED 1,446 per sq ftAED 50,000under 3 sales
1 bedroom4AED 1,200 per sq ftAED 72,000under 30 sales (4)
2 bedroomsunder 3under 3AED 123,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in The Residence By Prestige One

MonthSalesMedian per sq ftRent contracts
Jun 2026under 3under 35
Jul 2026under 3under 311
Aug 2026under 3under 36
Sep 20263AED 1,171 per sq ft9
Sales per calendar year
YearSalesMedian per sq ft
202372AED 1,235 per sq ft
202425AED 1,125 per sq ft
20254AED 1,094 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

The Residence By Prestige One is a project in the DLD area Al Barsha South Fourth.

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Jumeirah Village Circle

  • Binghatti Amberhall 523 registered transactions and rent contracts in 12 months.
  • Binghatti Circle 339 registered transactions and rent contracts in 12 months.
  • AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
  • Luma22 287 registered transactions and rent contracts in 12 months.
  • Binghatti Apex 284 registered transactions and rent contracts in 12 months.
  • Luma Park Views 284 registered transactions and rent contracts in 12 months.

Questions about The Residence By Prestige One

How many sales were registered in The Residence By Prestige One?
9 sales were registered in The Residence By Prestige One in Oct 2025 – Sep 2026.
What is the median price per sq ft in The Residence By Prestige One?
The median price of registered sales in The Residence By Prestige One was AED 1,233 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in The Residence By Prestige One?
The median annual rent of registered rent contracts in The Residence By Prestige One was AED 70,000 in Oct 2025 – Sep 2026.
Which DLD area is The Residence By Prestige One in?
The Residence By Prestige One is registered in the Dubai Land Department area Al Barsha South Fourth (Jumeirah Village Circle).

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae