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Dubai’s Jumeirah Village Circle – JVC topped the sales of prefabricated apartments in the third quarter of 2026, recording 1,219 deals worth $309 million (AED 1.134 billion), while Savills data showed that apartment rents in the region fell by 10.4% year-on-year, according to REIDIN and Savills reports on the performance of Dubai’s real estate market.
The Redin report showed that the total residential real estate sales in Jumeirah Village Resort reached about $706 million (AED 2.59 billion), through 2,468 transactions during the period from July to September 2026, ranking the region second in Dubai in terms of the number of residential sales transactions, and third in terms of value.
This came in conjunction with the top of the Dubai Circular Village in the completion of new housing units during the third quarter, with 1,554 units, while the report of «Ridin» 5,419 additional units among the scheduled projects for delivery in the region during the fourth quarter of 2026.
Jumeirah Village Circle Leads Sales of Prefab Apartments
Jumeirah Village Circle ranked first in Dubai in terms of the number of ready-made apartment sales transactions during the third quarter, ahead of Business Bay, which recorded 634 transactions, Dubai Marina with 576 transactions, Downtown Dubai with 428 transactions, and Arjan, which recorded 282 transactions.
In terms of sales value, Jumeirah Village Circle ranked third among Dubai’s prefabricated apartment market, with $309 million (AED 1.134 billion), after Downtown Dubai, which topped the list with $427 million (AED 1.569 billion) and Dubai Marina with $355 million (AED 1.304 billion).
In the apartment market on the map, Jumeirah Village Circle ranked fourth in terms of the number of transactions, recording 1,199 transactions during the third quarter, after Azizi Venice, Jebel Ali Downtown and the City of Arabia.
«Svails»: the decline of rents of apartments in the village of Jumeirah Ring 10.4%
In the rental market, Savills’ report on the Dubai residential market during the third quarter of 2026 showed that apartment rents in Jumeirah Village Circle decreased by 10.4% compared to the same period last year.
The area was among the sites that recorded significant annual declines in rents, along with Dubai Marina and the Business Bay, according to the report issued in October 2026.
The decline in rents coincided with the continued sales of prefabricated apartments in Jumeirah Village Circle, and the region recorded the highest number of completed residential units in Dubai during the third quarter, without this data alone proving a direct causal link between the increase in supply and the decline in rents.
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