Skyhills Residences Phase 2: HRE Development Returns to JVC
HRE Development is delivering the second phase of its Skyhills Residences project in Jumeirah Village Circle. Construction started in June 2024, and this is an active off-plan project in one of Dubai's most established mid-market residential communities. The development sits in District 13 and spans a wide range, from compact studios to three-bedroom duplexes.
Where JVC Puts You
Jumeirah Village Circle is centrally positioned in Dubai. Al Khail Road and Sheikh Zayed Road are both accessible from the community, putting Dubai Marina roughly 20 minutes away, Downtown Dubai around 25 minutes, and Dubai International Airport around 30 minutes by road.
JVC is a residential community, not a prestige address. It has schools, clinics, parks, and neighbourhood retail across its districts. That practical setup appeals to people who want a central, liveable location without paying landmark prices. The community draws a broad mix of buyers, from first-time purchasers to investors focused on the mid-market segment.
AED 680K to AED 3M: What That Spread Means
The range is wide because it covers genuinely different product types, not just different sizes. AED 680,000 is the entry point for studios of 415 to 520 square feet. From AED 1,000,000, one-bedroom apartments begin, running from 716 to 1,392 square feet across multiple layout configurations. Two-bedroom apartments start at AED 2,000,000 and span 1,189 to 1,278 square feet. At AED 3,000,000, three-bedroom duplexes enter the picture, with floor plates reaching up to 3,570 square feet.
The studios and one-bedrooms occupy the accessible end of Dubai's off-plan market. The duplexes are a different calculation entirely: large two-level units at a price that reflects scale and format rather than location premium.
Studios, One-Bedrooms, and Duplexes
Studios from AED 680,000 are the smallest and most accessible units. At 415 to 520 square feet, they suit investors targeting compact rental units or first-time buyers entering the market at a manageable price point.
One-bedroom apartments from AED 1,000,000 span a significant range: 716 to 1,392 square feet. That variation reflects different layout configurations within the one-bedroom tier rather than random sizing. The larger end of the one-bedroom selection offers substantially more space at the same starting price.
Two-bedroom apartments start at AED 2,000,000 and run between 1,189 and 1,278 square feet.
Three-bedroom duplexes from AED 3,000,000 are the premium tier. Floor plates range from 2,284 to 3,570 square feet across two levels. The two-level layout provides a degree of vertical separation between living and sleeping areas that a single-floor apartment cannot offer.
Getting In for 10%
HRE offers two payment structures for this project.
| Down Payment | During Construction | At Handover | After Handover | |
|---|---|---|---|---|
| Option 1 | 20% | 30% | 50% | - |
| Option 2 | 10% | 20% | 20% | 50% |
Option 2 stands out. A 10% down payment secures the unit. The largest tranche, 50%, is paid after handover. Under this structure, a buyer takes delivery having paid only 30% of the purchase price. The remaining half clears post-handover, which gives investors time to generate rental income before the full cost is settled.
Option 1 consolidates all payments at or before handover. Buyers who want no outstanding obligations once they receive their keys will find it the cleaner arrangement.
Completion in June 2026
Construction started in June 2024 and the expected handover date is June 2026, roughly 11 months away. For off-plan buyers entering now, the remaining construction window is short. This project is past its early stages.
Under Option 1, the 30% construction-phase tranche falls within this 11-month window. Under Option 2, it is 20%. Either way, buyers entering at this stage have limited construction-period payment exposure before the handover date arrives.