Stax Tower
Stax Tower Offered by Buy Dubai Off-Plan
Stax Tower

Stax Tower

by Grovy in Jumeirah Village Circle View on map Under construction

Starting price
AED 663,000
Payment plan
40/60
Handover
Q3 2028

≈ € 159,000

Project details

Starting price AED 663,000 ≈ € 159,000 What will my monthly payments be?
Payment plan 40/60 40% during construction, 60% at handover
Handover Q3 2028 Under construction
Bedrooms Studio123
Property type
Apartment, Duplex
Floor area
36 to 314 m²
Developer
Grovy
Project brochure
Free, with no obligation

The Stax Tower brochure

Download the brochure for Stax Tower of Grovy in Jumeirah Village Circle for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Stax Tower

  • Strategic location in the family-friendly and self-sufficient neighbourhood of Jumeirah Village Circle.

  • Extensive range of unit types, from compact studios to spacious 3-bedroom apartments and duplexes.

  • Modern architecture featuring two towers of over 30 storeys and spacious private balconies.

  • Excellent accessibility via major highways such as Al Khail Road and Sheikh Mohammed bin Zayed Road.

  • Favourable payment plan with only 40% due during the construction phase and 60% upon handover in the third quarter of 2028.

Project Overview of Stax Tower in Jumeirah Village Circle

Stax Tower, a new and ambitious residential project in the heart of Jumeirah Village Circle, embodies the modern living vision for Dubai. Developed by Pasha One Development, this project comprises two impressive towers, each over thirty storeys high, rising from a shared podium structure. The design is characterised by clean lines, neutral and light tones, and large glazed areas that guarantee an abundance of natural light. The focus is on functionality and style, resulting in a contemporary living environment that invites a balanced lifestyle. The project has been carefully planned to become a landmark within the circular layout of JVC, with the neighbourhood’s green lung, the central park, playing a prominent role in the experience. Handover is scheduled for the third quarter of 2028, providing investors with a clear timeline. With starting prices from AED 663,000 (approx. £145,000 / €169,000), Stax Tower positions itself as an accessible investment in Dubai’s dynamic real estate market. The project offers not only a home but also a sound capital investment in a continuously developing neighbourhood. For interested international investors, this represents a prime opportunity to be part of this promising city’s growth. Our team is ready to explain all details about this project and the purchasing process personally.

Unit Types and Layouts in Stax Tower Dubai

Stax Tower distinguishes itself through a broad and flexible offering of residential units, designed for diverse lifestyles and needs. The portfolio ranges from efficient studios, perfect for singles or young professionals, to spacious one, two, or three-bedroom apartments. Additionally, the project offers exclusive duplex apartments for those seeking extra space, privacy, and a sense of detached living within a vertical community. The areas cover a wide spectrum, from approximately 36 square metres for the most compact units to over 313 square metres for the most extensive residences. Each unit is thoughtfully designed to offer maximum functionality and comfort, with open living spaces that seamlessly extend onto the private balconies. These balconies provide valuable outdoor space and often offer inspiring views over the surrounding greenery of the circle park or the dynamic neighbourhood skyline. The layouts are intelligent, with a logical separation between private and living areas, and offer ample storage space. This varied offering makes Stax Tower attractive for both owner-occupation and rental, given the constant demand for different types of housing in the popular and affordable Jumeirah Village Circle neighbourhood. For specific questions about available types and current prices, you can contact our property advisory team in Dubai.

Developer Grovy and the Build Quality of Stax Tower

Confidence in a real estate project begins with the reliability and reputation of the developer. Stax Tower is being delivered by Pasha One Development, under the banner of the Grovy group. This developer is known for its commitment to quality, timely delivery, and delivering projects that meet the expectations of the modern market. The focus at Stax Tower is on contemporary craftsmanship, evident in the carefully selected materials and refined finishes. The architecture of the two towers is both aesthetically pleasing and practical, with attention to sustainability and living comfort. The shared podium between the towers is not merely functional but has been transformed into a green oasis with communal amenities. This podium terrace, adorned with landscaping and carefully designed relaxation and social zones, underscores the vision for community building and shared living enjoyment. The choice of large window sections and light colour palettes within the units contributes to a bright and positive atmosphere. The combination of these elements, from structural integrity to aesthetic details, guarantees that Stax Tower not only meets technical standards but also creates a living environment that retains and potentially grows in value. We are happy to advise you further on the developer’s track record.

Location and Living Environment of Stax Tower in Jumeirah Village Circle

The location of Stax Tower in Jumeirah Village Circle is one of its most compelling USPs for both residents and investors. JVC is a planned, circular neighbourhood specifically designed as a self-sufficient and green community, ideal for families. The project is mindfully situated in the heart of this neighbourhood, within walking distance of the extensive central community park, the green lung of the area. The immediate surroundings offer a complete spectrum of essential amenities: from supermarkets and nurseries to schools, mosques, and medical centres. For leisure and retail therapy, sports courts, restaurants, and the Circle Mall are within easy reach. A major practical advantage is the excellent accessibility. The major traffic arteries Al Khail Road and Sheikh Mohammed bin Zayed Road are just a five-minute drive away, enabling quick connections to other hotspots such as Dubai Marina, Downtown Dubai, Dubai Internet City, and Al Maktoum Airport. This makes the location perfect for commuters. The neighbourhood itself exudes a quiet, suburban atmosphere with plenty of greenery and walking paths, away from the city bustle yet perfectly connected. This combination of tranquillity, convenience, and connectivity makes Stax Tower’s location highly desirable and directly contributes to its investment value and living pleasure.

Payment Plan and Investment Opportunities for Stax Tower

The payment plan for Stax Tower is transparent and specifically designed to offer investors financial security and flexibility during the construction period. The plan is simply structured: only 40 percent of the purchase price is paid in phases during the construction phase, which runs until the planned handover in the third quarter of 2028. The remaining 60 percent is only due upon the final handover and key transfer. This structure minimises the buyer’s financial risk during construction and allows capital to be held for a longer period. It is an attractive model, especially combined with the starting price of AED 663,000 (approx. £145,000 / €169,000), making the project accessible to a wide audience of first-time buyers and experienced investors. Furthermore, the long lead time until 2028 offers the opportunity to monitor market developments and carefully prepare any rental strategies. Given the growing popularity of Jumeirah Village Circle as an affordable and complete residential neighbourhood, demand for rental and purchase properties here is expected to remain strong. For a detailed explanation of the payment plan, payment milestones, and possible financing options, you can contact our property advisory office in Dubai. We are happy to guide you through the entire process.

Amenities

Payment plan for Stax Tower

40%60%
40%
During construction, in instalments
AED 265,200
≈ € 64,000
60%
After handover
AED 397,800
≈ € 95,000

Monthly payments and your own funds

How much do you need for Stax Tower, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 1,677

≈ € 400 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 265,200≈ € 63,600
Your funds at handover
AED 66,300≈ € 15,900
Mortgage at handover
AED 331,500≈ € 79,600
Purchase costs4% DLD fee and mortgage costs
AED 31,534≈ € 7,600
Total funds required
AED 363,034≈ € 87,100
Request finance guidance for Stax Tower
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Stax Tower

Location

Jumeirah Village Circle, Dubai Al Khail Road: 2 mins · Al Maktoum International Airport: 24 mins
Open in Google Maps

Travel times from Stax Tower

  • Al Khail Road: 2 mins
  • Al Maktoum International Airport: 24 mins
  • Burj Al Arab: 18 mins
  • Burj Khalifa: 20 mins
  • Circle Mall: 7 mins
  • Dubai International Airport: 21 mins
  • Dubai Mall: 20 mins
  • Dubai Marina: 16 mins
  • Global Village: 17 mins
  • Mall of the Emirates: 14 mins
  • Palm Jumeirah: 18 mins

About Grovy

Grovy Real Estate Development is a leading developer in Dubai, specialising in off-plan real estate projects that target both residential and commercial investors. Their portfolio includes luxury apartments, modern villas, and dynamic mixed-use projects in the city's most sought-after areas. An example is the recently launched Marina Heights, a residential tower with views of the Palm Jumeirah, where apartments range from 75 m2 to 220 m2 with prices starting from AED 1,200,000. Additionally, Grovy offers projects such as Downtown Views and Business Bay Plaza, which target professionals and expatriates. Each project is characterised by sustainable materials, smart technology, and a focus on quality of life. Due to the diversity of offerings, investors can choose from various stages of development, from newly launched plans to nearly completed projects.

Grovy Real Estate Development was established in 2008 and has since experienced impressive growth in Dubai's real estate market. The developer began with small-scale residential projects but quickly expanded into large-scale developments due to a combination of visionary leadership and market knowledge. Iconic projects such as The Grove Residences and Al Habtoor Tower established Grovy's name as a reliable entity. Over the years, the company has won several awards, including the Dubai Property Award for innovative design. Their focus on quality and customer-centric approach has led to a strong reputation among both local and international investors. With a portfolio spanning prime locations such as Dubai Marina and Jumeirah Village Circle, Grovy remains a key player in the off-plan market.

All projects by Grovy

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.