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Platinum Square Real Estate

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Concord Tower - 2902,
Al Sufouh - Dubai Media City,

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  4. 1BR Apartment in Palatium Residences, Jumeirah Village Circle (JVC)
For SaleApartmentOff-Plan

1BR Apartment in Palatium Residences, Jumeirah Village Circle (JVC)

Palatium Residences, Jumeirah Village Circle (JVC)
Starting price
AED 1.38M
Per sqft
AED 1,630
Payment plan
40/60
Reference
PSQ-OP-2245-APARTMENT-BR1
Bedrooms
1
Bathrooms
—
Built-up
844.97 sqft
Type
Apartment

About this property

The DLD completion date of 31 March 2026 has passed with the tower 65.66% built — 1 beds of 845 sq ft from AED 1,377,369. Platinum Square Real Estate sells 1 bedroom apartments in Palatium Residences, Jumeirah Village Circle.

Key facts

  • Developer: Ahmadyar Developments — registered with the Dubai Land Department as Ahmadyar Real Estate Development L.L.C

  • DLD project number: 3065 — status Active

  • Location: Jumeirah Village Circle (JVC), Al Barsha South Fourth, Dubai

  • Total units (DLD): 151 — 147 residential (28 studios, 89 one-bedroom, 16 two-bedroom, 14 three-bedroom) and 4 commercial

  • Plot area (DLD): 12,108.63 sq m

  • Construction progress (DLD): 65.66% complete

  • Registered with DLD: 1 July 2024; construction started 31 May 2024

  • Completion registered with DLD: 31 March 2026 — a date that has already passed

  • Listed with us: 1 bedroom, about 845 sq ft, from AED 1,377,369 (roughly AED 1,630 per sq ft)

  • Payment plan in our feed: 40/60 — but the published plans disagree, see below

  • Status: Off-plan, under construction

DLD figures were read from the Project Status Enquiry service on 25 September 2026; price and size are from the current feed and change. Platinum Square confirms both in writing before you reserve. The rate per sq ft is our own arithmetic.

The registered completion date has already passed

This is the first thing to understand about this building. The Dubai Land Department registers completion for 31 March 2026. It is now late September 2026 and the register records the project at 65.66% complete.

That is not a scandal — registered dates slip constantly in Dubai, and a project at two thirds complete is a real building with real progress, not a hole in the ground. But it does mean two things for you. First, any handover date you are quoted for this project is already a revised one, so ask what it is in writing and what the previous one was. Second, the developer’s own site says only “Handover 2026” without a quarter, while our feed carries Q4 2026 and several portals still publish Q2 2026 — a quarter that has been and gone. Do not plan around any of them without the written commitment.

Payment plan — four versions in circulation

Our feed carries 40/60. Other published sources show 60/40 with a 10% down payment, and a 10/50/40 split. Those are different deals, not different wordings of the same deal.

On a project that is already past its registered completion date, the instalment structure matters more than usual, because the balance due on handover is exposed to whenever handover actually happens. Ask for the dated schedule on the developer’s reservation form and read what it says about delay.

Handover

Registered with the DLD for 31 March 2026 (passed). Ahmadyar Developments states “Handover 2026” on its own project page. Our feed shows Q4 2026. A registered completion date is a date on the developer’s file, never proof that keys have been handed over.

Amenities

The feed lists a gym and a swimming pool. That is a short list for a 151-unit building and we are not going to pad it with facilities we cannot see documented — ask for the full amenity schedule and the service charge estimate from the developer.

Location

Jumeirah Village Circle, in Al Barsha South Fourth — JVC District 14 by the common addressing. JVC is Dubai’s deepest mid-market rental district and also one of its most heavily supplied, so this building competes on price and completion date rather than address. We do not publish drive times we have not measured; ask and we will send current routing.

Who it suits

A buyer who wants a JVC apartment sooner rather than later and is comfortable with a project that has already missed its registered date. At about AED 1,630 per sq ft for a one-bedroom, the pricing is mid-market for the community rather than a discount, which is worth weighing against the delay: you are paying a completed-project price for a building that is not finished.

The registered mix — 89 one-bedroom homes out of 147 — makes this a letting building. Fourteen three-bedroom homes is a small number and they will be the scarce product here.

What to check before you buy

  • Ask for the current written handover date and what the previous one was.

  • Ask what the sale and purchase agreement says about delay, and what compensation applies.

  • Get the payment plan with dates — the published versions disagree.

  • Ask for the escrow account for project 3065 and pay only into it.

  • Ask for a dated site progress report, not a marketing video.

  • Get the full amenity list and the service charge estimate in writing.

Questions buyers ask

What is Palatium Residences?

A 151-unit residential building in Jumeirah Village Circle, Dubai, by Ahmadyar Developments, registered with the Dubai Land Department as project 3065.

Where is Palatium Residences in Dubai?

Jumeirah Village Circle (JVC), in the Al Barsha South Fourth district — commonly addressed as JVC District 14.

Who is the developer?

Ahmadyar Developments, registered with the DLD as Ahmadyar Real Estate Development L.L.C.

When is the Palatium Residences handover?

The DLD-registered completion date was 31 March 2026 and has passed; the register showed 65.66% complete in September 2026. The developer’s site states “Handover 2026”. Ask for the current written date.

How far along is construction?

65.66% complete on the DLD Project Status Enquiry, read on 25 September 2026.

What is the payment plan?

Our feed carries 40/60. Other sources publish 60/40 with 10% down, and 10/50/40. Ask for the schedule on the reservation form.

How much is a 1 bedroom in Palatium Residences?

From AED 1,377,369 for about 845 sq ft in the current feed — roughly AED 1,630 per sq ft.

How many apartments are there?

147 homes plus 4 commercial units: 28 studios, 89 one-bedroom, 16 two-bedroom and 14 three-bedroom, per the DLD registry.

Are studios or three-bedroom apartments available?

The registry records 28 studios and 14 three-bedroom homes in the building. What is actually on our list changes — ask us for today’s availability.

Is it safe to buy a project that has passed its registered completion date?

It is common in Dubai and not in itself a red flag, but it changes what you should ask for: the current written handover date, the delay clause, the escrow account and a dated progress report. If a seller will not put those in writing, that is your answer.

Amenities

Gym
Swimming Pool

Location & Lifestyle

Buy or rent in Jumeirah Village Circle (JVC): affordable apartments and townhouses with some of Dubai’s highest rental yields, ideal for first-time investors. This master-planned, family-oriented community packs parks, schools, Circle Mall and a growing cafe scene into a central, well-connected pocket between Sheikh Zayed Road and Al Khail Road.

Schools nearby

  • JSS International School
  • Sunmarke School
  • Nord Anglia International School Dubai

Metro & transit

  • Not directly connected (feeder bus to Mall of the Emirates (Red Line))

Malls & retail

  • Circle Mall
  • City Centre Me’aisem
  • Mall of the Emirates (10 min)

Healthcare

  • Aster Clinic JVC
  • Mediclinic Me’aisem
  • Karama Medical Centre JVC

Landmarks

  • Dubai Miracle Garden
  • Dubai Butterfly Garden
  • JVC Community Park
Platinum Square Listing
Ref. PSQ-OP-2245-APARTMENT-BR1 · Listed 2026-06-02
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Mortgage calculator

Estimated monthly payment
AED 6,125/mo
Down payment20% · AED 275,474
Interest rate4.50%
Loan term25 years
Loan amountAED 1,101,895

Indicative estimate only. Actual rates, fees and eligibility vary by lender. Speak to our advisors for a tailored quote.

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