New homes in Provenza Residences start at AED 1,218,000; keys are due Sep 2027; you pay 20% to book, 30% while it is built and 50% at the keys.
Keys
Sep 2027
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
Studio to 2 beds
Sizes
399 to 1,641 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 3,053 per sq ft
At the smallest size listed
RERA project
3681
Check it in Dubai REST, the Dubai Land Department's official app.
Built
20%
Being built. DLD register, Nov 11, 2026
Completion on the register
Sep 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
188
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 243,600+ AED 48,720 DLD fee
AED 292,320
Feb 2027While it is built · 10%
While it is built
10%
AED 121,800
AED 414,120
Apr 2027While it is built · 10%
While it is built
10%
AED 121,800
AED 535,920
Jul 2027While it is built · 10%
While it is built
10%
AED 121,800
AED 657,720
Sep 2027Keys · 50%
Keys
50%
AED 609,000
AED 1,266,720
Booking payment, 20%
AED 243,600
Dubai Land Department fee (Oqood), 4%
AED 48,720
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 292,320
Total costPrice plus the DLD fee
AED 1,266,720
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 18 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Provenza Residences, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Provenza Residences sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 18 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Provenza Residences, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,614 per sq ft
AED 1,480 to AED 1,514 per sq ft
1 sale
AED 1,514 to AED 1,549 per sq ft
1 sale
AED 1,549 to AED 1,583 per sq ft
3 sales
AED 1,583 to AED 1,618 per sq ft
5 sales
AED 1,618 to AED 1,652 per sq ft
6 sales
AED 1,652 to AED 1,687 per sq ft
1 sale
AED 1,687 to AED 1,721 per sq ft
0 sales
AED 1,721 to AED 1,756 per sq ft
1 sale
AED 1,480 per sq ftAED 1,756 per sq ft
This project AED 3,053 per sq ft, above every sale
Half of the sales sold for AED 1,579 to AED 1,645 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,480 to AED 1,514 per sq ft
1
AED 1,514 to AED 1,549 per sq ft
1
AED 1,549 to AED 1,583 per sq ft
3
AED 1,583 to AED 1,618 per sq ft
5
AED 1,618 to AED 1,652 per sq ft
6
AED 1,652 to AED 1,687 per sq ft
1
AED 1,687 to AED 1,721 per sq ft
0
AED 1,721 to AED 1,756 per sq ft
1
The 3 closest sales
Picked from the 18 similar sales above, closest in size to this project's smallest home.
May 2026AED 590,000AED 1,480 per sq ftProvenza Residences, 399 sq ft
Feb 2026AED 700,000AED 1,756 per sq ftProvenza Residences, 399 sq ft
Dec 2025AED 643,500AED 1,614 per sq ftProvenza Residences, 399 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 1,218,000 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
Check the from price
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
4.3%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
3.5%
Typical gross yield of similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (399 sq ft)
AED 7,581
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 1,218,000 = 4.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station5.7 km, 11 min driveMetro station
Nord Anglia International School2.4 km, 5 min driveSchool
JSS International School2.8 km, 10 min driveIndian school
Me'aisem City Center1.5 km, 3 min driveMall
Mediclinic Springs3.6 km, 7 min driveHospital
Jumeirah Lakes Towers6.6 km, 19 min driveOffices
The Els Club, Dubai Sports City2.5 km, 13 min driveGolf
Provenza Residences is an IKR Development apartment project in Jumeirah Village Circle with studios to two bedrooms from AED 1,218,000 and a listed handover of September 2027.
Ask which unit, size and floor the from price is for.
The listing gives the plan as 20% on booking, 30% during construction and 50% at handover. At the from price that is AED 243,600, AED 365,400 and AED 609,000. The developer has also described a four-step plan (20%, 30%, 20% and 30%), so confirm the plan in writing. Separately, the 4% DLD fee comes to AED 48,720; ask when it is due.
Sizes run from 399 to 1,641 sq ft. The developer lists about 845 sq ft for one bedroom and 1,237 sq ft for two, and gives no studio size, so ask for that floor plan. Some two-bedroom homes have a private plunge pool. Shared facilities include a lap pool, a fitness studio, a rooftop lounge, indoor and outdoor kids' play areas and a multipurpose hall.
The ROJMED polyclinic is about 160 m away. Nord Anglia International School is about 2.4 km away, around 5 minutes by car by our estimate, and JSS International School about 2.8 km. Jumeirah Golf Estates Metro Station is about 11 minutes by car, and JBR beach about 20 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
How prices moved
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales only.
Questions about this project
Which payment plan applies?
The listing gives 20% on booking, 30% during construction and 50% at handover: AED 243,600, AED 365,400 and AED 609,000 at the from price. A four-step plan (20%, 30%, 20% and 30%) has also been described, so confirm it in writing.
When is handover?
The listed handover is September 2027, about ten months away.
Do any homes have a private plunge pool?
The developer says some two-bedroom homes come with a private plunge pool. Ask which units have one.
Can foreigners buy here?
Yes. The listing gives the project as freehold, so foreign buyers can own outright.
How far is the nearest metro station?
Jumeirah Golf Estates Metro Station is about 5.7 km away, around 11 minutes by car by our estimate.
