Provenza Residences

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by IKR Development
188
Total Units
105
Sold
AED 1,048,600
Median Price
AED 1,360
Median Price /sqft
Construction progress: 20%
Start: May, 2025Completion: Sep, 2027

Provenza Residences Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio34400 sqft - 540 sqftAED 0.7M (1,620 /sqft)AED 1,720 /sqft
-6.26
1 Bed139680 sqft - 970 sqftAED 1.1M (1,330 /sqft)AED 1,430 /sqft
-6.86
2 Beds131,190 sqft - 1,640 sqftAED 1.6M (1,190 /sqft)AED 1,310 /sqft
-9.35

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 1021831 sqft11.65 sqft Check Availability
1Apartment, 1031822 sqft11.65 sqft Check Availability
1Apartment, 1041822 sqft11.63 sqft Check Availability
1Apartment, 1081782 sqft11.65 sqft Check Availability
1Apartment, 1131831 sqft11.65 sqft Check Availability
1Apartment, 1141931 sqft20.97 sqft Check Availability
1Apartment, 1151968 sqft25.06 sqft Check Availability
2Apartment, 10711,238 sqft20.02 sqft Check Availability
1Apartment, 100110685 sqft5.82 sqft Check Availability
1Apartment, 100210798 sqft9.46 sqft Check Availability
1Apartment, 100410810 sqft9.66 sqft Check Availability
1Apartment, 101010803 sqft9.66 sqft Check Availability
1Apartment, 101110803 sqft9.66 sqft Check Availability
1Apartment, 101210810 sqft9.62 sqft Check Availability
1Apartment, 101410845 sqft13.63 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
2Apartment1,350 sqft27.69 sqft 1AED 1,600,000AED 1,185 /sqft 07, Feb 2026
StudioApartment536 sqft17.02 sqft 1AED 725,000AED 1,353 /sqft 03, Feb 2026
StudioApartment413 sqft5.83 sqft 1AED 680,000AED 1,646 /sqft 26, Jan 2026
StudioApartment413 sqft5.83 sqft 1AED 680,000AED 1,646 /sqft 05, Jan 2026
StudioApartment413 sqft5.83 sqft 1AED 680,000AED 1,646 /sqft 21, Apr 2026
StudioApartment414 sqft5.83 sqft 1AED 650,000AED 1,570 /sqft 07, Nov 2025
StudioApartment413 sqft5.83 sqft 1AED 650,000AED 1,574 /sqft 06, Dec 2025
StudioApartment413 sqft5.84 sqft 1AED 640,000AED 1,550 /sqft 29, Oct 2025
1Apartment800 sqft9.66 sqft 10AED 1,153,460AED 1,442 /sqft 29, Jun 2025
1Apartment800 sqft9.64 sqft 10AED 1,153,460AED 1,442 /sqft 29, Jun 2025
1Apartment823 sqft10.97 sqft 10AED 1,108,800AED 1,347 /sqft 08, Jul 2025
1Apartment755 sqft9.07 sqft 10AED 970,000AED 1,285 /sqft 13, Oct 2025
1Apartment800 sqft9.35 sqft 10AED 874,000AED 1,093 /sqft 21, Sep 2025
2Apartment1,641 sqft48.15 sqft 10AED 1,700,000AED 1,036 /sqft 22, Jul 2025
StudioApartment437 sqft7.86 sqft 10AED 710,000AED 1,625 /sqft 02, Jul 2025

Provenza Residences Real Estate Data – FAQ

  • What is the current property supply in Provenza Residences?

    Provenza Residences has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Provenza Residences?

    Provenza Residences recorded 68 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Provenza Residences?

    The median transaction price in Provenza Residences is AED 1,360 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Provenza Residences?

    The gross rental yield in Provenza Residences is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Provenza Residences?

    Property prices in Provenza Residences have shown a capital appreciation of 0.37% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Provenza Residences?

    There are currently 0 active off-plan projects in Provenza Residences, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Provenza Residences?

    The total off-plan pipeline in Provenza Residences includes approximately 188 units, which will significantly impact future supply and pricing dynamics.

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  • Is Provenza Residences a good area for property investment?

    Provenza Residences is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Provenza Residences, this is %, indicating relatively strong income performance compared to global markets.

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