The Residence By Prestige One, JVC (Jumeirah Village Circle): rental yield, prices & rents
In the 24 months to 5 October 2026, DLD registered 14 sales and 36 rent contracts in The Residence By Prestige One, JVC (Jumeirah Village Circle). A 2-bed apartment sold for a median AED 1.71M and rented for AED 123K a year: a gross yield of 7.2%. The JVC (Jumeirah Village Circle) median for the same home type is 5.7% (last 12 months).
See every The Residence By Prestige One sale and rental in the explorer →
Prices and yields by home type
Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.
| Home type | Median price | AED / sq ft | Gross yield | Sales |
|---|---|---|---|---|
| Studio apartment | AED 662K | 1,419 | 7.5% | 4 |
| 1-bed apartment | AED 963K | 1,204 | 7.5% | 4 |
| 2-bed apartment | AED 1.71M | 1,066 | 7.2% | 6 |
Rent guide: what tenants pay in The Residence By Prestige One
The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.
| Home type | Typical rent / year | Per month | Most pay | New lease | Renewal | Contracts |
|---|---|---|---|---|---|---|
| Studio apartment | AED 50K | AED 4,167 | AED 48K – AED 51K | AED 50K | — | 15 |
| 1-bed apartment | AED 72K | AED 6,000 | AED 70K – AED 74K | AED 72K | — | 12 |
| 2-bed apartment | AED 123K | AED 10K | AED 120K – AED 125K | AED 123K | — | 9 |
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Quick answers
What is the rental yield in The Residence By Prestige One?
The median gross rental yield for a 2-bed apartment in The Residence By Prestige One, JVC (Jumeirah Village Circle) is 7.2%, based on DLD records for the 24 months to 5 October 2026.
How much does a 2-bed apartment in The Residence By Prestige One cost?
The median sale price was AED 1.71M (AED 1,066 per sq ft) in the 24 months to 5 October 2026.