STAX
Off-Plan

STAX

From AED 758,339·Handover Aug 2028·5% down payment Payment
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AED 758,339
Starting Price
Aug 2028
Handover
5% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

STAX is an architectural masterpiece by developer Pasha One Real Estate Development, presented by Refine Development Management. The project, located in Jumeirah Village Circle, Dubai, attracts attention with its sophisticated architecture. The complex includes two residential towers: Tower A (32 floors of residential floors and roof) and Tower B (24 floors of residential floors and roof), connected by a common ground floor and a five-level podium with amenities. Each tower has its own entrance: Tower B faces the road, and Tower A faces the park. STAX offers studios, apartments with 1-2 bedrooms, as well as three-bedroom duplexes equipped with a private pool. Each residence has a balcony, and some apartments have a staff room. The kitchens are equipped with Siemens/Bosch appliances or analogues. The interiors are made using high-quality materials and modern finishes. Residents can enjoy a wide range of recreation areas on the podium and roof, including an infinity pool, yoga and meditation areas, indoor and outdoor gyms, a cinema, a game area, a pet-friendly area, a SPA, a treadmill, a barbecue area and lounge areas, a coworking space and a cigar lounge. STAX is advantageously located opposite the park and provides easy access to Al Khail Road. To Sport City — 7 minutes, to Motor City — 10 minutes, to Mall Of The Emirates — 15 minutes, to Downtown Dubai — 20 minutes, to Dubai International Airport — 30 minutes.

Project Specifications
DeveloperPasha One Real Estate Development
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, 2 BR, 3 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 32,722 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,697
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 49,292 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
STAX launch basis843AED 758,339Current launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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STAX official render 1

STAX official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Pasha One Real Estate Development.

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Payment Structure

5% down payment

Flexible Payment

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Amenities & Lifestyle

Adults Pool
BBQ
Cigar Lounge
Cinema
Covered gym
Coworking zone
Infinity pool
Jogging tracks
Landscaped park
Leisure areas
Lift
Lounge
Meditation zone
Multipurpose Sports Courts
Open air gym
Pets Allowed
Private pool
Resting Areas
Rooftop Pool
SPA
Shared Pool
Shared gym & fitness
Social zone
Yoga Area

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

STAX by Pasha One Real Estate Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 758,339

04

Unit mix includes Studio, 1 BR, 2 BR, 3 BR

05

Expected handover: Aug 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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