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Under construction

Fauchon Residences by Prestige One

Price from

AED 1,870,000≈ $509,190 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 18,966 per m² ≈ $5,164

cheaper than 55% of city projects: -4%

Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago

Properties
Condominium
Area
51 - 210 m²
Bedrooms
1 - 2
Completion
Q3 2028
Readiness
Under construction
Dry season
Jul, Aug, Oct
First instalment
20%

Price

Is this expensive for the city

$5,164 per m², Dubai median $5,399

$38$52,299

-4% vs the city median (Dubai), sample of 372 projects. cheaper than 55% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

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What it really costs

Payment plan

  1. 20%Step 1 · On booking$101,838
  2. 4%Step 2 · Tax$20,368
  3. 45%Step 3 · Before commissioning$229,135
  4. 35%Step 4 · On transfer$178,216
Total
$509,190

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$254,595$1,298,516
$504$7,638

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

40%100%
0%20%
Monthly income
$1,957
Annual income
$23,481
Gross yield
5.7%
Net yield
4.6%
Value in 5 years
$681,411
5-year ROI
57%
See calculation details
Gross annual rent
$29,179
Common area fee
-$221
Tax (10%)
-$2,918
Agent commission
-$2,560
Net annual income
$23,481
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct Wettest months: Jan, Mar, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.2, 55.3. This is a multi-year normal, not a weather forecast.

About the project

Properties
Condominium
Completion
Q3 2028
Status
Under construction
Area
51 - 210 m²

Description

Fauchon Residences by Prestige One is under construction in Dubai, in the Dubai region. The developer is Prestige One Developments, with completion scheduled for September 2028.

Units on offer come with one or two bedrooms, with sizes ranging from 50.51 to 209.53 square meters. That spread covers everything from a compact one-bedroom layout to a considerably larger two-bedroom footprint at the top end.

Prices start from AED 1,870,000 and go up to AED 3,974,000, with a price per square meter of AED 18,966. The range spans the smaller one-bedroom entries through to the largest two-bedroom layouts.

The project is currently under construction, with work underway on site ahead of the September 2028 completion date. Buyers choose between one- and two-bedroom layouts within this size and price range.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $509,190Rate as of 2026-10-14

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 1,600↑ +8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

Sources (6) · updated 21/08/2026

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