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Disruptive Real Estate

Ahmadyar Developments · Jumeirah Village Circle

Palatium Residences

  • Apartments
Starting from
AED 657,000
Bedrooms
On request
Size
405–3,573 sqft
Payment plan
On request
Completion
17%
Available
On request
Handover
2026-03-31

About Palatium Residences

Off Plan Jumeirah Village Circle Development

Palatium Residences is a single-tower project by Ahmadyar Developments rising in Jumeirah Village Circle, one of Dubai's most searched-for mid-market communities for off plan projects. The building follows a ground plus four podium plus twelve floor plus roof configuration, delivering 151 units across a single structure, according to Dubai Land Department project records.

Construction started in May 2024, with a stated completion date of March 2026. As of the latest DLD filing, the project was reported at roughly 17 percent complete, placing it firmly in an active construction phase rather than early launch.

Jumeirah Village Circle Property Investment

JVC has become one of the highest-volume search destinations for buyers researching apartments in Jumeirah Village Circle, largely because of its central position between Sheikh Zayed Road and Al Khail Road and a supply base that spans studios through larger family units. Palatium Residences adds to that supply mix within a community that has matured considerably from its early master-planned phase into a dense, amenity-rich neighborhood.

Escrow protection is provided through First Abu Dhabi Bank, a standard structure for off-plan payment security in Dubai, giving buyers the regulatory safeguards typical of RERA-registered projects.

Building Design and Unit Count

The G+4P+12F+R massing signals a mid-rise format: four podium levels, likely housing parking and shared amenities, topped by twelve residential floors and a roof level. With 151 total units in one building, the project sits at a scale that suits buyers looking for a boutique JVC address rather than a mega-tower.

Public brochure materials reference the surrounding JVC context, including nearby parks and hospitality options, but do not disclose specific unit-mix breakdowns, floor plans, or per-unit pricing at this stage.

Key highlights

  • 151 units across a single G+4P+12F+R building
  • Located in Jumeirah Village Circle, Dubai
  • Construction underway since May 2024
  • Handover targeted for March 2026
  • Escrow held with First Abu Dhabi Bank
  • Developed by Ahmadyar Developments

Why this project

  • Boutique 151-unit residence in JVC with escrow protection through First Abu Dhabi Bank.

Location

Jumeirah Village Circle Neighbourhood Context

Palatium Residences sits within Jumeirah Village Circle, a community organized in a circular layout around a central park system. The area has developed into a self-contained residential district with schools, retail strips, and community parks built out over the past decade, which is part of why it consistently ranks among the most searched Dubai communities for off-plan and resale apartments alike.

Brochure materials reference nearby amenities including a hotel and JVC Castle park area, both within the immediate vicinity of the project, supporting day-to-day convenience for residents without requiring travel outside the community.

Project information

Developer
Ahmadyar Developments
Location
Jumeirah Village Circle
Handover
2026-03-31
Total units
151
RERA Escrow
First Abu Dhabi Bank
DLD Project #
3065

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Palatium Residences — handover progress

17%
LaunchMay 2024
Today3mo to handover
Handover2026-03-31

Resale at Palatium Residences

10 transactions · last 12 months

Avg / sqft
AED 1,489
Avg price
AED 644,416
Range
AED 590,732AED 689,369

Jumeirah Village Circle market

2 br · 1,484 sales analyzed

High activity
Avg / sqft
AED 1,292
Sales last 6 mo
499
Year-on-year
-0.7%
Off-plan vs ready
19.9% pricier
AED 1,386 vs 1,156
14.5%

Indicative gross yield

At the starting price of AED 657,000, typical rent for a 2 br in Jumeirah Village Circle (AED 95,000/year, ~AED 7,900/month) implies a 14.5% gross yield.

Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Frequently asked questions about Palatium Residences

What is Palatium Residences?

Palatium Residences is a 151-unit off-plan residential building by Ahmadyar Developments located in Jumeirah Village Circle, Dubai, structured as ground plus four podium plus twelve floors plus roof.

When is Palatium Residences expected to be completed?

Dubai Land Department records list a project end date of March 31, 2026, with construction having started in May 2024.

Who is developing Palatium Residences?

The project is developed by Ahmadyar Developments, whose local entity is registered as Jumeirah Village (L.L.C.) in DLD records.

Where is the escrow account held for Palatium Residences?

The project's escrow account is held with First Abu Dhabi Bank, as required for RERA-registered off-plan developments in Dubai.

Is Jumeirah Village Circle a good investment?

JVC remains one of Dubai's highest-demand mid-market communities by search volume and transaction activity, supported by central connectivity between Sheikh Zayed Road and Al Khail Road and an established base of parks, schools, and retail.

Is Jumeirah Village Circle a good place to live?

The community offers a mix of residential towers, villas, and townhouses around a central park network, with day-to-day amenities including retail, dining, and green space largely built out within the neighborhood itself.

How far along is construction at Palatium Residences?

As of the latest DLD filing, the project was reported at approximately 17 percent complete, indicating active construction rather than an early-stage launch.

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