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Disruptive Real Estate

Meteora · Jumeirah Village Circle

Park Boulevard

  • Apartments
Starting from
AED 1,200,000
Bedrooms
Studio–2 BR
Size
372–839 sqft
Payment plan
90/1
Completion
18%
Available
On request
Handover
Q4 2025

About Park Boulevard

Jumeirah Village Circle Apartments

Park Boulevard by Meteora is a single residential tower in District 17 of Jumeirah Village Circle, built to a G+4 podium+14 floor structure with a rooftop level and 5 retail units at ground level. The building totals 143 units across studio, 1 and 2-bedroom apartments, distributed roughly 8 to 10 units per floor between the second and fourteenth floors. Construction is underway, with the developer reporting completion at 17.74% and a targeted handover in Q4 2025.

The typology mix leans toward 1-bedroom apartments, which make up the largest share of the building, followed by 2-bedroom and studio units. This structure suits both owner-occupiers looking for a compact JVC base and investors targeting the community's established rental pool.

Interiors & Building Specification

Units are finished with marble kitchen countertops, custom cabinetry, porcelain floor tiles, marble bathroom surfaces with custom vanities, and mirrors with integrated lighting. Oversized windows are used throughout to maximize natural light in living areas. The building is designed as an air-purified structure with smart home functionality built into each unit.

The concrete structure and block construction covers internal and external finishes carried out to a consistent specification across the tower, rather than varying by unit type or floor.

Amenities & Building Facilities

Shared facilities include separate kids and adults swimming pools, a gym, a children's play area, an outdoor movie theatre, and a dedicated retail area at ground level housing five retail units. Additional building services listed by the developer include EV charging points, a cafe, a concierge desk, and an on-call doctor service.

A pets area and supermarket and pharmacy access within the retail component round out the day-to-day convenience offer, positioning the building for residents who want ground-floor services without leaving the property.

Investment Case & Payment Plan

The developer markets a 1% monthly payment plan running 40 months post-handover, structured as 5% on booking, 15% within 30 days, 10% within 120 days, 10% within 240 days, 10% within 360 days, and 40% on handover, with the balance paid monthly thereafter. This is positioned as one of the more accessible schedules available for off-plan projects in the area.

The brochure cites indicative rental yields based on JVC's average market rents: studios projected at 11%, 9% and 8% across years one to three, 1-bedroom units at 12.5%, 10% and 9%, and 2-bedroom units at 12%, 11% and 10%, alongside an equity build-up of 72% in year one rising to 96% by year three.

Key highlights

  • 143 units across studio, 1 and 2-bedroom apartments
  • Single tower: G+4 podium+14 floors plus roof, 5 ground-floor retail units
  • Handover targeted Q4 2025, currently 17.74% complete
  • 1% monthly payment plan for 40 months post-handover
  • Located in District 17, Jumeirah Village Circle

Why this project

  • One of the few JVC projects offering a 1% monthly post-handover payment plan over 40 months

Amenities

  • Kids and adults swimming pools
  • gym
  • children's play area
  • outdoor movie theatre
  • dedicated retail area
  • EV charging
  • cafe
  • air purified building
  • smart home

Location

Jumeirah Village Circle Location

The tower sits in District 17 of Jumeirah Village Circle, a community the developer describes as roughly a 10-minute drive from a cluster of international schools and hospitals. JVC is one of Dubai's larger residential districts, built around landscaped parks and a mix of villas, townhouses and apartment buildings.

The developer's own JVC data points to about 1,200 residential, commercial and hospitality developments and a resident population figure the brochure puts at 80,000, supported by 33 landscaped parks across the community, factors that underpin the area's consistent rental demand.

Payment plan

5% booking, 15% in 30 days, 10% in 120 days, 10% in 240 days, 10% in 360 days, 40% handover, then 1% monthly for 40 months post-handover

Project information

Developer
Meteora
Location
Jumeirah Village Circle
Handover
Q4 2025
Total units
143
RERA Escrow
Abu Dhabi Commercial Bank
DLD Project #
3045

DLD-verified today

Project intelligence

Live DLD data

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

Park Boulevard — handover progress

18%
LaunchDec 2023
Today0mo to handover
HandoverQ4 2025

Resale at Park Boulevard

13 transactions · last 12 months

Avg / sqft
AED 1,556
Avg price
AED 1,139,227
Year-on-year
-0.4%
Range
AED 796,190AED 1,399,012
By unit size
  • StudioAED 2,112/sqft1 sale
  • 1 BRAED 1,525/sqft8 sales
  • 2 BRAED 1,547/sqft4 sales

Jumeirah Village Circle market

studio · 3,979 sales analyzed

High activity
Avg / sqft
AED 1,697
Sales last 6 mo
1,162
Year-on-year
-1.0%
Off-plan vs ready
27.0% pricier
AED 1,815 vs 1,429
3.8%

Indicative gross yield

At the starting price of AED 1,200,000, typical rent for a studio in Jumeirah Village Circle (AED 45,000/year, ~AED 3,800/month) implies a 3.8% 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.

Bedrooms available at Park Boulevard

Frequently asked questions about Park Boulevard

What unit types are available at Park Boulevard by Meteora?

The building offers studio, 1-bedroom and 2-bedroom apartments across 143 units, with 1-bedroom apartments making up the largest share of the mix.

When is the handover date for Park Boulevard by Meteora?

The developer targets a Q4 2025 handover. As of the latest DLD update, construction progress stands at 17.74%.

What payment plan is offered on this project?

A 5/15/10/10/10/40 structured plan to handover, followed by a 1% monthly payment plan over 40 months post-handover.

Is Jumeirah Village Circle a good investment?

The developer's own projections cite rental yields of up to 12.5% in year one for 1-bedroom units, based on average JVC market rents, and the community's rental demand is supported by an estimated 80,000 residents and roughly 1,200 developments.

What amenities does Park Boulevard by Meteora include?

Kids and adults swimming pools, a gym, children's play area, outdoor movie theatre, ground-floor retail, EV charging, a cafe, concierge service, and smart-home enabled units.

How far is the project from schools and hospitals?

The developer states the location is approximately 10 minutes from international schools and hospitals serving the wider JVC area.

How many buildings and units make up this project?

Park Boulevard by Meteora is a single tower with 143 units, built to a G+4 podium+14 floor configuration plus a rooftop level and 5 ground-floor retail units.

Get the Park Boulevard brochure

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