DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
ZoneIQ

Provenza Residences

Under construction

by I K R Real Estate Development · JVC

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Provenza Residences is AED 1.05M (AED 1,354 per sqft), 9% below the JVC median of AED 1,492 per sqft, from 70 sales in the last 12 months. It is 20% built, with handover planned for Sept 2027. The escrow account is at Mashreq Bank Psc.

Build progress20%
Planned handoverSept 2027
Units188
Median priceAED 1.05Mmiddle half AED 760K to AED 1.10M
Price / sqftAED 1,354area median AED 1,492
Sales, 12 months70108 since launch

Schedule check

Built20%
Planned time used58%

Build progress is 38 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number3681
Escrow bankMashreq Bank Psc
Start date1 July 2025
Registered16 May 2025
DLD areaAl Barsha South Fourth
CommunityJVC

Compare with other projects in JVC

ProjectDeveloperStatusMedian pricePrice / sqftSales
Provenza ResidencesI K R Real Estate Development20%AED 1.05M1,35470
Binghatti GroveBinghatti DevelopersReadyAED 1.64M1,87271
The BoroughIconic Vista Real Estate Development6%AED 760K1,51771
Neva ResidencesTiger PropertiesReadyAED 971K1,12070
Lume ResidencesS And S Real Estate Development22%AED 999K1,64968
Helvetia ResidencesD H G Property DevelopmentReadyAED 1.70M1,37067
Park Lane 2 By HeilbronnHeilbronn Properties DevelopmentReadyAED 1.37M1,59962

Areas: JVC

Questions buyers ask

How much does a home in Provenza Residences cost?

The median DLD sale price is AED 1.05M (AED 1,354 per sqft), from 70 sales in the last 12 months. The middle half of sales ran from AED 760,253 – AED 1.10M.

When is the handover of Provenza Residences?

The DLD registry shows a planned completion date of Sept 2027. Build progress is 20%. Build progress is 38 pts behind the share of time used.

Who is the developer of Provenza Residences?

I K R Real Estate Development. The DLD registry lists 1 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.