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Modern apartments with spacious layouts ranging from 37.16 to 152.45 m²
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Prime location in Jumeirah Village Circle (JVC) with excellent transport links
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Affordable entry prices starting from AED 650,000
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High-quality finishes with floor-to-ceiling windows and open living spaces
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Flexible payment plan: 70% during construction, 30% on handover in Q3 2027
Provenza Residences at Jumeirah Village Circle: Luxury apartments and townhouses by IKR Development
Provenza Residences is a new residential project in the popular Jumeirah Village Circle (JVC) district of Dubai, developed by IKR Real Estate Development. This modern apartment complex offers affordable housing solutions with a starting price of just AED 650,000, making it particularly attractive for both first-time buyers and seasoned investors. The project is distinguished by its thoughtful architecture focused on spaciousness and natural light, with floor-to-ceiling windows as a prominent feature. Handover is scheduled for the third quarter of 2027, providing ample time for phased payments according to the flexible payment plan. The developer has clearly chosen a balance between urban dynamism and a tranquil living environment, where residents can enjoy all the amenities that JVC has to offer. The concept targets modern families and young professionals who value both functionality and aesthetics in their living environment.
Properties and Types
Provenza Residences offers a diverse range of apartments, from compact studios to spacious 2-bedroom units. The areas range from 37.16 m² for the smallest studios to 152.45 m² for the most spacious 2-bedroom apartments. All units feature open living spaces that make optimal use of the available square metres, with careful attention paid to practical layouts. The kitchens are modernly appointed with high-quality materials and seamlessly connect to the living areas, contributing to a sense of spaciousness. The bedrooms are designed to provide sufficient privacy without compromising the open character of the home. Bathrooms feature quality finishes and spacious showers. A particular feature is the consistent use of large window sections that not only allow ample natural light but also create a visual connection with the surroundings.
About the developer IKR Development and the Provenza Residences design
IKR Real Estate Development, the developer behind Provenza Residences, has created a project that combines modern architecture with practical liveability. The building itself is characterised by a contemporary appearance with glass accents and subtle urban patterns in the facade treatment. The common areas are generously proportioned and furnished with high-quality materials that give a luxurious appearance without being excessive. IKR has chosen to explicitly invest in sustainable construction techniques and energy-efficient facilities, which translates into lower service charges for residents. The developer has a strong reputation in Dubai for delivering high-quality projects at affordable price points. At Provenza Residences, special attention has been paid to acoustic insulation between units, ensuring a quiet living environment. The building features a centrally managed climate control system and modern security facilities that meet the strictest Dubai standards.
Location and Area
Jumeirah Village Circle (JVC) has grown into one of the most sought-after residential locations in Dubai, and Provenza Residences benefits optimally from this prime location. The neighbourhood offers a perfect balance between a tranquil residential environment and urban amenities, with numerous parks, schools, and shops within walking distance. Major traffic arteries such as Al Khail Road and Sheikh Mohammed Bin Zayed Road are a short distance away, enabling quick connections to business centres and leisure destinations. It takes just 15 minutes to reach Dubai Marina or Downtown Dubai, while Dubai International Airport is reachable within 25 minutes. In the immediate vicinity, residents will find everything needed for daily life, from supermarkets to medical centres and international schools. JVC is known for its green character, with carefully laid-out walking paths and recreation areas that contribute to a pleasant living atmosphere. The location thus combines the best of both worlds: all the advantages of urban living in a quiet, green environment.
Flexible payment plan for Provenza Residences apartments and townhouses
The payment plan for Provenza Residences is specifically designed to offer investors and buyers financial flexibility. The system operates on a 70/30 split, where 70% of the purchase price is paid in phases during the construction period and the remaining 30% upon final handover in Q3 2027. This model enables buyers to spread their investment over a longer period, which significantly reduces financial pressure. The payments during the construction phase are further subdivided into multiple instalments linked to construction milestones, allowing for transparency and control. For international investors, this can be attractive as it offers opportunities for phased financing. It is important to emphasise that all payments are secured through the Dubai real estate system, which provides maximum protection for buyers. Our property advisors in Dubai can provide information on optimal financing strategies.
