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Provenza Residences, Jumeirah Village Circle: photos

Off-planKeys Sep 2027

Provenza Residences

New homes in Jumeirah Village Circle, by IKR Development

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

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm 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
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Sep 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
188
In 1 buildings

Paying for it

You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.

WhenStageShareAmount
NowBooking20%AED 243,600
Feb 2027While it is built10%AED 121,800
Apr 2027While it is built10%AED 121,800
Jul 2027While it is built10%AED 121,800
Sep 2027Keys50%AED 609,000
By Apr 2027 you will have paid AED 487,200, 40% of the price.Still to pay: AED 730,800.
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
  • 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.

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.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (399 sq ft) that is about AED 8,000 a year.
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 12 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Provenza Residences, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Dubai Land Department recorded 12 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Provenza Residences, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 1,616 per sq ft

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 1,573 to AED 1,647 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 1,480 to AED 1,514 per sq ft1
AED 1,514 to AED 1,549 per sq ft0
AED 1,549 to AED 1,583 per sq ft3
AED 1,583 to AED 1,618 per sq ft2
AED 1,618 to AED 1,652 per sq ft4
AED 1,652 to AED 1,687 per sq ft1
AED 1,687 to AED 1,721 per sq ft0
AED 1,721 to AED 1,756 per sq ft1

The 3 closest sales

Picked from the 12 similar sales above, closest in size to this project's smallest home.

  1. May 2026AED 590,000AED 1,480 per sq ftProvenza Residences, 399 sq ft
  2. Feb 2026AED 700,000AED 1,756 per sq ftProvenza Residences, 399 sq ft
  3. Dec 2025AED 643,500AED 1,614 per sq ftProvenza Residences, 399 sq ft

Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. 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.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 1,218,000 hereOff-plan medianAED 741,000AED 1,825 per sq ftSales2,549Check the from price
1-bed apartmentOff-plan medianAED 1,159,000AED 1,497 per sq ftSales3,757
2-bed apartmentOff-plan medianAED 1,702,000AED 1,377 per sq ftSales885

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price
4.3%
Typical for similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
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
  • Shooa300 m, 5 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Provenza Residences

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

IKR Development

See every project by IKR Development

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

  • 1 BR
  • 2 BR

Provenza Residences: floor plans

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 table
12 months toMedian priceSales
Sep 2026AED 1,825 per sq ft2,549 sales
Jun 2026AED 1,794 per sq ft3,446 sales
Mar 2026AED 1,762 per sq ft4,374 sales
Dec 2025AED 1,751 per sq ft4,521 sales
Sep 2025AED 1,706 per sq ft4,332 sales
Jun 2025AED 1,671 per sq ft3,978 sales
Mar 2025AED 1,625 per sq ft3,527 sales
Dec 2024AED 1,601 per sq ft3,576 sales

Off-plan sales registered with the Dubai Land Department.

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.

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