
Provenza Residences is a prestigious residential complex from the developer IKR Development, located in the heart of Jumeirah Village Circle, Dubai. The complex offers modern luxury studios and one-and two-bedroom apartments, redefining urban sophistication with cutting-edge amenities and sophisticated design, setting a new standard for luxury living. Designed by an award-winning French architect, these immaculate homes exude elegance and sophistication in every apartment, making them the perfect choice for those seeking the pinnacle of luxury living. The building includes: ground floor, four podium levels and twelve residential floors. The complex offers its residents a wide range of premium amenities, creating an atmosphere of comfort and luxury. The rooftop lounge and open-air cinema are designed for relaxation and entertainment. There is also a swimming pool offering a refreshing place to relax. Both outdoor and indoor playgrounds are provided for children. The complex has a convenient location, offering quick access to key points of the city. Just a short drive away are Mall of the Emirates (10 minutes), Dubai Marina Mall (15 minutes) and Downtown Dubai (20 minutes). Al Maktoum International Airport is a 25-minute drive away, while Dubai International Airport is about 30 minutes away.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Provenza Residences launch basis | 1,259 | AED 1.13M | Current launch / asking basis |
| Jumeirah Village Circle (JVC) ready-stock comps | 1,050 | AED 945,000 | Indicative resale benchmark |
| Jumeirah Village Circle (JVC) premium peer launches | 1,300 | AED 1.17M | New-launch peer set |
| Trophy alternative proxy | 1,500 | AED 1.35M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Jumeirah Village Circle (JVC)
Provenza Residences by IKR Development
Located in Jumeirah Village Circle (JVC)
Starting from AED 1,133,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Sep 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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