The Rings: Ultra-Prime Villas in Jumeirah 2, Starting at AED 59 Million
What This Project Is
The Rings is a villa development by PMR Property, located in Jumeirah 2, one of Dubai's most established and sought-after residential addresses. PMR Property is the developer behind this project, and the scale of the pricing tells you immediately that this is not a volume play. This is a small, high-value development aimed at a very specific buyer.
Where Jumeirah 2 Actually Places You
Jumeirah 2 sits along the coast between Jumeirah 1 and Jumeirah 3. It is old-money Dubai in many respects. The streets are low-rise, leafy by Dubai standards, and predominantly residential. You are close to the beach, close to City Walk, and within a reasonable drive of both Downtown Dubai and Dubai Marina.
For a family, this means good schools within reach, minimal high-rise noise, and a neighbourhood that has held its identity for decades. For an investor, Jumeirah 2 villa land is genuinely scarce. New villa product at this level rarely comes to market here. That scarcity is part of the investment thesis.
Daily life here is quieter than the newer master-planned communities. You are not in a tower. You are in a street-facing villa in a district where residents tend to stay long-term.
What AED 59 Million to AED 110 Million Actually Means
The price range here is wide. AED 59 million at the low end and AED 110 million at the high end represent very different products, even within the same development. At the lower end, you are likely looking at a smaller footprint or a configuration with less premium positioning within the site. At AED 110 million, you are in the territory of a generational asset.
The buyer at the low end is still spending at a level that places this among Dubai's most expensive residential transactions. This is not a project where a typical investor enters to flip a studio. The buyer here is a high-net-worth individual or family purchasing a primary residence or a trophy asset. Both ends of this range require serious capital and serious intent.
The Villas Themselves
The Rings offers villas only. There are no apartments, no townhouses, no tiered entry points. That exclusivity shapes everything about the project, from the amenity design to the likely density on site.
The buyer profile is consistent across the range: families or individuals who want space, privacy, and a Jumeirah address, and who have the liquidity to act at this level.
Amenities: What the Project Provides
| Category | Amenities |
|---|---|
| Wellness | Shared Spa, Yoga Room, Shared Gym, Well-being and Fitness |
| Leisure | Shared Pool, Cafe and Restaurants |
| Family | Children's Play Area |
The amenity list is focused rather than exhaustive. The emphasis on wellness, with a dedicated yoga room, spa, and gym sitting alongside a broader well-being category, signals that the developer sees the resident as someone who prioritises health and recovery in their daily routine.
The inclusion of a cafe and restaurant within the development is worth noting practically. At this price point, residents are unlikely to want to leave the site for every social meal. Having that on-site adds a layer of convenience without compromising the residential feel. The children's play area confirms this is positioned as a family destination, not purely a trophy asset for part-time occupation.
Timeline and Where the Project Stands
Construction started in January 2024. The expected completion date is December 2025. Given that this data was last updated in April 2026, the project may already be at or past handover. If you are evaluating this now, your first step is to verify the current construction status directly. The project could be handed over, near handover, or running to a revised timeline. Do not assume either way without checking.
Getting In for 5%
| Stage | Percentage |
|---|---|
| Down Payment | 5% |
| During Construction | 55% |
| On Handover | 40% |
A 5% down payment on a villa priced between AED 59 million and AED 110 million is genuinely low for a product at this level. That entry figure will be between roughly AED 3 million and AED 5.5 million depending on the unit. The bulk of the payment, 55%, is spread across the construction period, and a significant 40% falls at handover.
That final 40% is a large lump sum. There is no post-handover plan here. Buyers need to have their financing or liquidity arranged well in advance of completion. If you are entering now with completion potentially imminent, that 40% could be due sooner than a standard off-plan timeline would allow. Plan accordingly.