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Off-plan

Provenza Residences

Jumeirah Village Circle, Dubai by IKR Development Handover Q3 2027

Provenza Residences is an off-plan apartments development by IKR Development in Jumeirah Village Circle, Dubai, with homes from AED 1,218,000 on a 50/20/30 payment plan and handover expected in Q3 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 1,218,000
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Overview

Apartments in Jumeirah Village Circle.

Provenza Residences by IKR Development offers an exceptional collection of studio, one-bedroom, and two-bedroom apartments, including luxurious two-bedroom units with private plunge pools. These homes are masterfully designed with French architectural elegance, blending functionality with refined aesthetics. Each residence provides a modern, sophisticated lifestyle in the heart of Dubai’s Jumeirah Village Circle. With high-end finishes, and expansive layouts, Provenza Residences sets a new standard for upscale urban living.

The amenities at Provenza Residences are second to none, thoughtfully curated to enrich everyday life. Residents can unwind in the rooftop lounge, enjoy cinematic nights under the stars, or relax in the serene Zen garden. Families will appreciate the dedicated indoor and outdoor kids’ play areas, and multipurpose hall. Fitness and wellness are at your fingertips too, with a cutting-edge fitness studio, yoga terrace, lap pool, and Jacuzzi all enhancing the experience.

What truly elevates Provenza Residences is its seamless combination of style, comfort, and lifestyle offerings. From its vertical garden to elegant designer lobbies and oversized glass panels, every detail speaks of sophistication and luxury. Also the project’s premium location ensures easy access across Dubai while offering a tranquil community setting. Provenza Residences is not just a home – it’s a lifestyle crafted for those who desire beauty, convenience, and excellence in every moment.

Details

Key facts.

City
Dubai
Starting price
AED 1,218,000
Status
Off-plan
Handover
Q3 2027
Property types
Apartment
Unit types
1–2 BR
Payment plan
50/20/30
Golden Visa
Below AED 2M from-price

Amenities

Life in and around the building.

  • Children's Pool
  • Shared Gym
  • Balcony
  • Security
  • Children's Play Area
  • Covered Parking
  • Lobby in Building
  • Shared Pool
  • View of Landmark
  • View of Water

Payment plan

50/20/30, paid in 4 steps.

50% before handover20% on handover30% post-handover
  1. 120%Down paymentOn booking
  2. 230%Construction instalmentsDuring construction
  3. 320%Handover paymentOn handover
  4. 430%Post-handover instalmentsAfter handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%243,600
Construction instalmentsDuring construction30%365,400
Handover paymentOn handover20%243,600
Post-handover instalmentsAfter handover30%365,400
Total100%1,218,000

*Worked example on the starting price of AED 1,218,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
1 bedroom845
Provenza Residences floor plan, 1 bedroom, 845 sq ft
1 bedroom845 sq ft
Unit typeSize (sq ft)
2 bedrooms1237
Provenza Residences floor plan, 2 bedrooms, 1237 sq ft
2 bedrooms1237 sq ft

Location

In Jumeirah Village Circle.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 1,218,000
Paid before handover
AED 609,000 (50%)
Due on handover
AED 243,600 (20%)
DLD registration (4%)
AED 48,720 verify
Golden Visa threshold
From-price is below AED 2M

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About IKR Development.

Projects on Sovereign
1
All projects by IKR Development

Brochure & floor plans

Get the brochure and floor plans.

Ask our team, or leave your details and we will send the developer’s brochure and floor plans with current availability.

  • Project brochure
  • Floor plans for every unit type
  • Latest prices and payment plan
Download brochure PDF Get it on WhatsApp
Preferred language
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Provenza Residences?

Homes at Provenza Residences start from AED 1,218,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Provenza Residences?

IKR Development offers a 50/20/30 payment plan: 50% during construction, 20% on handover and 30% after handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Provenza Residences?

Handover is expected in Q3 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Provenza Residences?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Provenza Residences qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Provenza Residences?

Provenza Residences is developed by IKR Development. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Provenza Residences?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Provenza Residences.

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