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Disruptive Real Estate

Jumeirah Village LLC · Jumeirah Village Circle

Stax

  • Apartments
Starting from
AED 668,261
Bedrooms
Studio–3 BR
Size
384–3,375 sqft
Payment plan
On request
Completion
Pre-launch
Available
On request
Handover
Q1 2028

About Stax

Stax by Pasha1 in JVC

Stax is a twin-tower residential development in District 15 of Jumeirah Village Circle, built across a gross floor area of 403,780 sq ft and a built-up area of 775,391 sq ft. The project comprises two interconnected towers, Tower A and Tower B, rising from a shared podium and totalling 528 units according to the developer's unit-mix breakdown (530 per the Dubai Land Department registration). Tower A is configured as G+5P+32F+R with 302 units, while Tower B follows a G+5P+24F+R layout with 226 units.

This is the debut Dubai project from Pasha1 Developers, part of PJS Global, a family-run group with roots in commodity trading and steel manufacturing dating back to 1985 and operations across 9 countries. The company is headquartered at the Opus by Omniyat in Business Bay, where it maintains a show apartment, 3D scale model and dedicated sales office for buyer and broker viewings.

Unit Mix and Layouts

Stax offers studios, 1, 2 and 3-bedroom duplex apartments, with 2-bedroom units also available in a 2BR plus maid configuration. Tower A's studios range from 384.16 to 421.30 sq ft, 1-bedroom units from 653.05 to 824.62 sq ft, 2-bedroom units from 1,035.81 to 1,524.38 sq ft, and the 4 three-bedroom duplexes span 3,251.89 to 3,367.48 sq ft. Tower B mirrors this typology with slightly larger duplex units, reaching up to 3,375.35 sq ft.

Interiors are finished with Bosch kitchen appliances, glossy sintered stone countertops and white semi-matte cabinetry, paired with herringbone SPC wood-effect flooring in living areas and bedrooms. Bathrooms feature porcelain tiling, sienna cherry flamed wood veneer cabinets and walk-in showers, while terraces are finished in natural beige matte tiles.

Amenities and Podium Design

The shared podium between the two towers houses an extensive amenity deck including a lazy river, kids pool with splash fountain, indoor and outdoor gyms, a multi-purpose sports court and jogging track. Wellness facilities include a spa, steam room, sauna and dedicated indoor yoga and meditation spaces, alongside a cigar lounge, games area and indoor cinema for residents seeking amenities beyond the unit itself.

Ground-floor and rooftop levels add further utility, with lobby space, commercial units and parking at grade, and rooftop swimming pools with sun loungers and outdoor seating on both towers. A professional business centre, co-working space and pet-friendly walking areas round out the day-to-day convenience offering for residents working from home or hosting guests.

Jumeirah Village Circle Property Investment

District 15 sits within the broader Jumeirah Village Circle masterplan, one of Dubai's most searched-for residential communities and a consistent draw for buyers targeting mid-market apartments for sale in Jumeirah Village Circle. Stax's studio and 1-bedroom-heavy unit mix (250 of the 528 units are studios or 1-bedrooms) positions the project toward end-users and investors focused on rental yield and liquidity rather than large-format family homes.

With handover scheduled for Q1 2028 and construction not yet started as of late 2025, Stax is an early-stage entry into the JVC off-plan pipeline. Buyers evaluating off-plan projects in the area should weigh the extended construction timeline against Pasha1's stated annual turnover of AED 3 billion across its global operations.

Key highlights

  • 528 units across two interconnected towers with a shared podium
  • 403,780 sq ft GFA / 775,391 sq ft BUA in District 15, JVC
  • Studio to 3-bedroom duplex layouts, 384 to 3,375 sq ft
  • Podium amenities include a lazy river, spa and indoor cinema
  • Debut Dubai project from Pasha1 Developers (PJS Global)
  • Handover scheduled Q1 2028, construction yet to start

Why this project

  • Twin-tower JVC development with 528 units, podium-level lazy river and gym facilities, debut Dubai launch from Pasha1 Developers.

Amenities

  • Indoor and outdoor gym
  • spa
  • steam and sauna
  • indoor yoga and relaxation
  • cigar lounge
  • games area
  • multi-purpose court
  • jogging track
  • lazy river

Location

Connectivity in JVC District 15

Stax sits within District 15 of Jumeirah Village Circle, with direct access to Al Khail Road, Sheikh Mohammed Bin Zayed Road and Sheikh Zayed Road, connecting residents to Dubai Marina, Downtown Dubai and Dubai Investments Park within a short drive. The area is also earmarked to benefit from the planned Dubai Metro Blue Line extension, which would add a rail link to the community in the coming years.

The community's central position within Dubai's road network makes it a practical base for professionals commuting to Business Bay, Dubai Media City or Dubai Marina, while remaining removed from the density of the city's core commercial districts.

Neighbourhood Amenities

JVC is built around a central circular park and a network of smaller green spaces, alongside schools, nurseries, medical clinics and neighbourhood retail that have made it a popular choice for young families and professionals alike. Supermarkets, cafes and community malls sit within a short drive of Stax, supplementing the in-building amenities across both towers.

Project information

Developer
Jumeirah Village LLC
Location
Jumeirah Village Circle
Handover
Q1 2028
Total units
530
RERA Escrow
First Abu Dhabi Bank
DLD Project #
4013

DLD-verified today

Project intelligence

Live DLD data

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

Stax — handover progress

0%
LaunchNov 2025
Today28mo to handover
HandoverQ1 2028

Resale at Stax

177 transactions · last 12 months

Avg / sqft
AED 1,461
Avg price
AED 1,065,248
Range
AED 668,261AED 2,421,266
By unit size
  • StudioAED 1,819/sqft40 sales
  • 1 BRAED 1,391/sqft113 sales
  • 2 BRAED 1,460/sqft24 sales

Jumeirah Village Circle market

studio · 4,245 sales analyzed

High activity
Avg / sqft
AED 1,693
Sales last 6 mo
1,327
Year-on-year
-0.3%
Off-plan vs ready
27.1% pricier
AED 1,810 vs 1,423
6.7%

Indicative gross yield

At the starting price of AED 668,261, typical rent for a studio in Jumeirah Village Circle (AED 45,000/year, ~AED 3,800/month) implies a 6.7% 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 Stax

Frequently asked questions about Stax

How many units does Stax in JVC have?

Stax comprises 528 units across two interconnected towers according to the developer's unit-mix breakdown (302 in Tower A and 226 in Tower B), while the Dubai Land Department lists 530 units for the project.

When is Stax expected to be handed over?

The project is scheduled to run from November 2025 to March 2028, with construction not yet started as of the latest DLD status update, placing handover around Q1 2028.

What unit types are available at Stax?

Stax offers studios, 1-bedroom apartments, 2-bedroom apartments (including 2-bedroom plus maid layouts), and 3-bedroom duplexes, ranging from 384 to 3,375 sq ft.

Who is developing Stax?

Stax is developed by Pasha1 Developers, part of PJS Global, a family-run group with a background in commodity trading and steel manufacturing. Stax is the group's debut real estate project in Dubai.

Is Jumeirah Village Circle a good area for property investment?

JVC is one of Dubai's most searched residential communities, known for competitive pricing relative to central districts, a central location off Al Khail Road, and a growing base of parks, schools and retail, which supports steady demand for off-plan apartments for sale in the area.

What amenities will Stax offer residents?

The shared podium between the two towers includes a lazy river, kids pool, indoor and outdoor gyms, a spa with steam and sauna, an indoor cinema, a multi-purpose sports court, jogging track and a co-working business centre.

What is the escrow arrangement for Stax?

The project's escrow account is held with First Abu Dhabi Bank, as registered with the Dubai Land Department.

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