Park Boulevard, JVC: Off-Plan Apartments with a 5% Entry Point
Park Boulevard is a residential apartment development by Meteora Developers in District 17, Jumeirah Village Circle. The project offers studios, one-bedroom, and two-bedroom apartments with completion scheduled for December 2026.
The headline figure is the 5% down payment. On a AED 680,000 studio that is AED 34,000 upfront before fees. On the AED 1,200,000 two-bedroom, AED 60,000. For buyers managing how much capital sits committed at signing, the structure keeps entry costs low across the full range.
JVC District 17: Central Dubai Access
JVC sits at roughly the geographic midpoint of Dubai with Al Khail Road and Sheikh Mohammed Bin Zayed Road providing access in multiple directions. Dubai Marina is around 15 minutes away; Downtown and Business Bay roughly 20 minutes; Dubai International Airport closer to 30.
District 17 is a residential sub-community within JVC's larger footprint. The location suits buyers or tenants whose daily travel spans different parts of the city, since the road network here avoids funneling residents toward a single destination corridor.
Getting In for 5%
| Phase | Payment |
|---|---|
| Down payment | 5% |
| During construction | 45% |
| Handover | 10% |
| Post-handover | 40% |
This payment structure has two notable features: the 5% entry point and the 40% post-handover tranche. Buyers take keys once 55% of the purchase price is paid, then discharge the remaining 40% over the post-handover period.
For investors, a tenanted unit generates income during that post-handover installment window. For owner-occupiers, the ongoing payments run alongside living costs after move-in. The structure front-loads the cash obligation toward the construction period rather than concentrating it at handover.
Construction began in December 2025 with completion due December 2026, a 12-month build cycle. Buyers entering now have roughly six months of construction-phase payments ahead before handover. The 45% construction tranche is compressed into that short window, and the monthly payment pace during construction will reflect that.
What AED 680K to AED 1.2M Gets You
| Unit type | Size | Starting price | Rate per sq ft |
|---|---|---|---|
| Studio | 390 sq ft | AED 680,000 | AED 1,744/sq ft |
| 1-bedroom | 775-785 sq ft | AED 950,000 | ~AED 1,218/sq ft |
| 2-bedroom | 873 sq ft | AED 1,200,000 | AED 1,374/sq ft |
The spread from AED 680,000 to AED 1,200,000 covers three unit formats. Studios at 390 sq ft are the most compact and carry the lowest headline number. One-bedrooms at 775-785 sq ft step up in size and come in at a lower per-square-foot cost than studios. Two-bedrooms at 873 sq ft offer the largest floor plan in the project.
The studio pricing at AED 1,744/sq ft is the highest rate in the project on a per-square-foot basis. One-bedrooms at AED 1,218/sq ft offer the lowest rate, and two-bedrooms fall at AED 1,374/sq ft between the two. The per-square-foot gap between studios and one-bedrooms is roughly 30%.
What the Amenity Package Says
| Category | Facilities |
|---|---|
| Wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor | Landscaped Gardens, Barbecue Area, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
Seven amenities across fitness, outdoor living, dining, and security. The gymnasium and indoor swimming pool together provide a self-contained fitness offering within the building. Landscaped gardens and a barbecue area lean toward outdoor social use rather than a minimal common-area layout. The children's play area alongside the social outdoor spaces suggests the project targets families and longer-term residents.
The restaurants listing adds an on-site dining option within the building itself. Combined with the fitness and outdoor amenities, the package points toward residents who expect to spend meaningful time within the development rather than using it purely as a base.